November 2011
Monthly Archive
30 Nov 2011 05:54 pm
Hispanic Leaders: Latinos Account for More Than Half of Recent Growth In Nation’s Homeownership Rate
Leaders of the National Association of Hispanic Real Estate Professionals say the accelerated growth rate of Hispanic homeownership reported in the 2011 third quarter Census numbers are evidence of the potential purchase power of Latinos in the housing recovery.…
30 Nov 2011 05:52 pm
Loan Modification is Stressful; Know Your Options
When the Obama administration rolled out the Home Affordable Modification Program (HAMP) in 2009, officials estimated 3 to 4 million borrowers would seek relief from their mortgages through the program amidst the worst recession and housing market collapse in decades.…
28 Nov 2011 05:29 pm
Survey Shows Baby Boomers’ Potential Impact on the Next Generation of Home Buyers
A national survey commissioned by Better Homes and Gardens® Real Estate has found that baby boomers are part of a growing trend in which they are helping their children or grandchildren become home owners. According to the survey, one in…
28 Nov 2011 09:00 am
Your Must See These Waterfront Lots, Kerr Scott Lake, Wilkes Couny NC
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
Lot #10
MLS Number: 54632
List Price: $450,000
Lot Size: 2.8 acres
WATERFRONT, PRIVATE DOCK PERMIT, GATED COMMUNITY, PUBLIC WATER, UNDERGROUND UTILITIES
Wilkes MLS Area 2
Suitable Use: Residential, Single Family
Topography: Rolling, Lake/Pond, Exceptional View
Utilities: Underground Utilities
Water/Sewer: Public Water, None-Sewer
Road Frontage: Private Road, Paved Road, Road Maintenance Agreement
Miscellaneous: 1-5 Acres, Hardwoods
Location: Malone Way
click here for more information
27 Nov 2011 02:05 pm
6 Effective (and Affordable) Ways to Improve Morale and Motivation
If you’re like most Americans, you just celebrated the Thanksgiving holiday with your loved ones. Chances are, you probably participated in the annual ritual of listing the things for which you’re grateful. For most of us, that includes our family,…
27 Nov 2011 02:04 pm
Investor Sales Surge
Low home prices and strong demand for rental properties are causing a surge in investor buying, driving up the market share of homes purchased by investors.
According to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, investor purchases hit…
21 Nov 2011 05:53 pm
NAR Home Buyer and Seller Survey Reflects Tight Credit Conditions
Recent home buyers are staying well within their means with notably higher incomes and modestly higher down payments than buyers in the previous year, due to the restrictive mortgage credit environment, despite historically favorable housing affordability conditions, according to a…
21 Nov 2011 07:24 am
Lakesise Living On Kerr Scott Dam & Reservoir, The Sanctuary At William’s Farm
MLS #: O56045A
List Price: $329,900
Williams Farm Rd Wilkesboro, NC 28697
APX ACREAGE: 2.44
SUITABLE USE: Residential
TOPOGRAPHY: Lake/Pond, Heavily Wooded, Exceptional View
AREA: Area 2
SUBDIVISION: Williams Farm
ELEMENTARY SCHOOL: Wilkesboro
MIDDLE SCHOOL: Cntrl Wlks
HIGH SCHOOL: Wilkes Central
LOT SIZE: 2.44 Acres
PARCEL ID: 0302666
RESTRICTIONS: Yes
OWNER NAME: Ziegler, Nanci and Brent
TERMS OF SALE: Cash, Conventional
POSSESSION: At Closing
DOCUMENTS ON FILE: Survey/Plat, Deed Restrictions
SHOWING INSTRUCTIONS: Sign, Show Anytime, Other-See Remarks
UTILITIES: Underground Utilities
WATER/SEWER: None-Water, None-Sewer
ROAD FRONTAGE: Private Road, Paved Road
MISCELLANEOUS: 1-5 Acres
REMARKS: 2.44 Acre point lot with Main Channel Lake View. 500 feet of waterfront. Private Dock Permit in Place. Community with only 17 Lots.
DIRECTIONS: Hwy 268 West 5.5 miles. Turn Right onto Williams Farm Road, Lot 16 on right just before the end of Cul-de-Sac. Sign on Lot.
MISCELLANEOUS: Association Dues are $195. per year.
click here for more information
20 Nov 2011 02:05 pm
Delinquency Rate Hits 3-year Low as Boom Loans Improve
The national delinquency rate for residential home loans fell to 7.99 percent in the third quarter—the lowest reading since the fourth quarter of 2008. This represents a decline of 45 basis points from the second quarter of this year, and…
19 Nov 2011 01:02 am
Remodeling Activity Reaches Record Levels
As the weather started to cool and kids went back to school, remodeling activity continued to soar in 2011. Recently, BuildFax unveiled its BuildFax Remodeling Index (BFRI) for September 2011, which shows that remodeling activity reached a record high during…
17 Nov 2011 05:32 pm
America’s Future Homeowners: How Immigrants Will Integrate by 2030
The Center for American Progress recently released a first-of-its-kind study that projects today’s immigrants’ integration patterns through the year 2030. The report, “Assimilation Tomorrow: How America’s Immigrants Will Integrate by 2030,” is authored by Dowell Myers, professor in the School…
16 Nov 2011 06:00 pm
Breaking News: U.S. Will Remain a Nation of Homeowners
The U.S. will not become a nation of renters; there are just too many benefits, both financial and otherwise, to own versus rent. That’s according to the combined findings of several recent studies presented during the “Buyer or Renter Nation?”…
16 Nov 2011 05:58 pm
Holiday Household Chore Checklist
Between work, school, the kids and all your regular daily responsibilities, getting your home in order for the holidays can quickly become an overwhelming experience. Peggy Patenaude, a REALTOR® with Prudential Howe & Doherty in Andover, Mass. offers these great…
15 Nov 2011 05:55 pm
Housing Must Be a National Priority
The struggling housing market needs to be a priority on the nation’s public policy agenda, because housing and homeownership issues affect all Americans. That was the message from speakers at the Legislative and Political Forum at the 2011 REALTORS® Conference…
15 Nov 2011 05:53 pm
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 10.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2011.
According to the release, the Market Composite Index, a measure…
14 Nov 2011 05:48 pm
Weekly Video Tip: Research New Products before Purchase
Video technology and computer technology have a lot in common, including the fact that something new hits the market every month. Being the first kid on the block with a new gadget can be an exciting thing, but sometimes there’s…
14 Nov 2011 07:52 am
Lakefront Lots, Kerr Scott Lake, Wilkes County NC
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
click here for more informationMalone Bay Lakefront Lot W. Kerr Scott Lake
13 Nov 2011 05:26 pm
More Young Adults are Living in Their Parents’ Home, Census Bureau Reports
Between 2005 and 2011, the proportion of young adults living in their parents’ home increased, according to the U.S. Census Bureau. The percentage of men age 25 to 34 living in the home of their parents rose from 14 percent…
12 Nov 2011 01:04 am
Corelogic HomeStandings Now Available on RE/MAX Mainstreet
CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, recently announced the launch of HomeStandings on RE/MAX Mainstreet, a members-only extranet website exclusive to the RE/MAX organization, including RE/MAX Affiliates, RE/MAX Employees and RE/MAX Approved Suppliers. According…
10 Nov 2011 05:05 pm
New from NAHB: House Price Estimator Shows Home Value
According to an online house price estimator and economic model just updated by the National Association of Home Builders (NAHB), a third full bathroom is the one feature that can have the greatest impact on the value of a standard…
09 Nov 2011 05:04 pm
Third Quarter Results: Refinancing Homeowners Maintain or Reduce Debt
Freddie Mac (OTC: FMCC) released the results of its third quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house by maintaining or reducing their mortgage debt.
In the third quarter of 2011, 82 percent of homeowners…
08 Nov 2011 05:09 pm
Trend Alert: Homeowners Opt for 15-year Fixed-Rate Loans
Consumer money resource Bills.com recently released its 2011 Third Quarter Mortgage Report. Driven by an increased demand for refinance loans, consumer traffic to the company’s mortgage tools and calculators more than doubled from the second quarter.
The majority of homeowners…
08 Nov 2011 05:07 pm
Computerized Appraisals Win One in HARP 2.0
The federal government—with the support of the two leading professional appraisal organizations—has sanctioned the use of computerized, appraisals using algorithms and computerized databases of property data to determine a property’s value.
Can more widespread use of computer-driven valuations by…
07 Nov 2011 05:31 pm
Google+: Why It Makes Sense for E-Marketers
(eM+C)—Google+ is the latest player on the social media scene. With 40 million-plus users, the social media network has carved out a niche for itself. Like they do via Twitter and Facebook, consumers are sharing content, engaging with new contacts…
07 Nov 2011 05:29 pm
Jumbo Mortgages: How to Bag the Big Opportunity Today
Effective October 1, 2011, Fannie Mae and Freddie Mac lowered their conforming loan limits back to 2008 levels. And that means many home buyers suddenly need a jumbo loan to qualify for the homes they want. Real estate professionals who…
07 Nov 2011 07:13 am
The Sanctuary At William’s Farm On The W. Kerr Scott Reservoir
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
click here for more informationMalone Bay Lakefront Lot W. Kerr Scott Lake
06 Nov 2011 02:04 pm
The IMLS Search Delivery; One of the Largest Real Estate Applications Ever Delivered
The International Realty Inc. and The International MLS [IMLS] have announced recently the delivery of 55,000 IMLS search widgets into the Prudential Real Estate agency network. This comes on the heels of its recent announcement that its Free To List-Commission…
05 Nov 2011 01:01 am
October Housing Scorecard: Positive Trends but Mixed Overall
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the October edition of the Obama Administration’s Housing Scorecard—a comprehensive report on the nation’s housing market. The latest housing data offer continued…
03 Nov 2011 05:00 pm
How to Get a Derailed Executive Career Back on Track
Executive recruiter Colleen Aylward wanted to figure out how many executives had been displaced by the poor economy over the last few years, but before she got her numbers, she discovered something else even more troubling.
“No one actually keeps…
03 Nov 2011 04:58 pm
The Good, the Bad and the Ugly: An Update on Real Estate Brokerage Charges
Real estate brokers continue to charge additional fees to cover the cost of their services. These fees, often mistakenly referred to as administrative/professional fees, are more appropriately identified as additional flat fee commission charges. It has been two years since…
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