January 2012
Housing: The one bailout America could really use
Taxpayers, What Are Your Rights? Report to Congress Focuses on IRS Funding
National Taxpayer Advocate Nina E. Olson recently released her annual report to Congress, identifying the combination of the IRS’s expanding workload and declining resources as the most serious problem facing taxpayers.
The result, the report says, is inadequate taxpayer service, …
Small Business News: Obama Proposes Merging Agencies
(MCT)—President Barack Obama on Friday proposed merging six government agencies that focus on international trade and commerce into a single department, saying it will help the nation’s exporters and boost the economy.
Obama asked Congress for powers to consolidate the …
2012 Is the Year of the Political Economy
Fiscal policy issues and political economic uncertainty will take center stage in determining the degree of consumer and business activity—key drivers of economic growth—during 2012, according to Fannie Mae’s (FNMA/OTC) Economics & Mortgage Market Analysis Group. The forthcoming presidential election, …
Mortgage Rates Continue Trend of Record-Breaking Lows
Freddie Mac recently released the results of its Primary Mortgage Market Survey®, showing mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed …
Numbers Vary by Region in Real Estate Auctions
Real estate auction activity continues to thrive. In today’s tumultuous economy, both residential and commercial properties are selling in droves via auction.
According to PropertyAuction.com, the number of auctions posted on their site has almost doubled in 2011. From January …
The Vote is In: Americans Place High Value on Homeownership
By an overwhelming margin, American voters strongly value homeownership and would oppose efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers obtain affordable 30-year mortgages, according to a new nationwide …
Foreclosures Decrease 34 Percent in 2011
Total U.S. foreclosure activity and the U.S. foreclosure rate in 2011 were both at their lowest annual level since 2007, according to RealtyTrac®, an online marketplace for foreclosure properties. The company recently released its Year-End 2011 U.S. Foreclosure Market Report™, …
New Study by WAV Group Reports Strong Consumer Interest in MLS
The WAV Group, a real estate consulting firm, has published results of research that demonstrates the high value consumers place on the term “MLS.” The research, commissioned by the MLS Domains Association, includes surveys of consumers using MLS public websites …
Mortgage Matters: HARP 2.0 Boosts Homebuyer Confidence
The federal government recently threw a lifeline to homeowners underwater with their current mortgages. Thanks to new changes to the Home Affordable Refinance Program (HARP) guidelines, more homeowners can refinance at today’s lower rates—even if their homes have declined in …
Housing Market Rebound Seen in 2012
The U.S. housing market will continue a slow recovery in 2012, led by stabilizing home prices and increasing sales. Those are among the key findings of a year-end survey of one thousand RE/MAX real estate agents who say housing’s vital …
Road to Recovery: List of Improving Housing Markets Nearly Doubles in January
The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI).
The IMI now boasts 76 improving markets, up from …
Markets Seen Stabilizing This Year
Home prices this year cease their decline and gain 0.2 percent across all markets as more and more individual markets stabilize in the months to come.
However, though national prices will be flat, some 40 percent of the top 50 …
Have you noticed that when a sports team wins a championship game, both the players and the coaches talk in terms of a “team victory” and appear to truly enjoy sharing the accomplishment? On the other hand, teams who are …
Rand on Real Estate: How Can You Profit from Housing Growth in Denver?
Rand on Real Estate is now on national television. The Fox Business Network is running a new segment titled, “Where to Invest Now,” featuring Greg Rand (@gsrand) , CEO of OwnAmerica (www.OwnAmerica.com), as its housing market …
Kerr Scott Lake, Wilkes County NC Dream Homesite
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.
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click here for more informationMalone Bay Lakefront Lot W. Kerr Scott Lake
Poll Finds Voters Still Value Homeownership, Want Policymakers to Support Housing
The National Association of Home Builders (NAHB) will host a media teleconference next week to reveal the results of a national poll of 1,500 likely voters looking at the value Americans place on homeownership. Set to air on Wednesday, January…
Recovery Found in Increased Lending, Loan Modifications and Short Sales
Stabilizing and restoring the health of the housing market is critical to a broader economic recovery, according to a white paper released yesterday by the Federal Reserve Board. Many of the issues and recommendations outlined in the paper support key…
Mid Atlantic Region Expected to be ‘The Exception, Not the Rule,’ in 2012 Housing Market
REGIONAL SPOTLIGHT—As the new year begins, potential home buyers and sellers throughout the Mid Atlantic region are anxious about how their properties will fare in this coming year. To explore the issue, MRIS has released a list of several key…
“Technology is changing everything!” When was the last time you heard this? Well, guess what? It’s still true, and as we make our way through 2012, your inbox will continue to be flooded with opportunities to own the latest and…
Evolving Mobile Behaviors Raise Stakes for Marketers
(eM+C)—While none would argue that 2011 was the year of the mobile app, marketers have been hearing more noise about the mobile web as a cross-device alternative to apps that are downloaded and installed. The reality isn’t so clear-cut.
If…
Credit Issues: Strategic Default and Foreclosure
Matt and Rachel Kent are about to apply for a loan on a new home being built in Tucson, Ariz. It’s been three years since they lost their Las Vegas home to foreclosure. The Kents, who could afford to keep…
Pending Home Sales Highest in 18 Months
(MCT)—The most Americans in more than 18 months signed contracts in November to buy homes, raising hopes that a boost in sales will follow, NAR reported Thursday.
An index of pending purchase agreements rose to 100.1 last month,…
Investment Alert: Can You Afford a Second Home?
Most of us have dreamt of having a vacation home. It could be on the beach in New England, somewhere tropical, or even somewhere foreign. Many consumers don’t realize that with the proper research, their dream vacation home might actually…
Homeownership Counseling Helps Keep Modified Loans Current
Just three weeks after Congress restored $40 million in its budget for homeownership counseling, a new study by the Urban Institute reports that counseling greatly increased the ability of homeowners to stay current once they cured a serious delinquency or…
Build On This Wilkes County North Carolina Waterfront Lot, W. Kerr Scott Dam & Reservoir
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.
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click here for more information