Real Estate Insight for the Carolina Lake and Mountain Region

Archive for February, 2009

Housing Stimulus

Friday, February 20th, 2009 Posted in Real Estate Commentary | No Comments »

On Wednesday President Obama announced the $275 billion Homeowner Stability Initiative, which contained broad outlines of three major elements intended to help prevent foreclosures and falling home values. First, the government will make it easier for many borrowers who currently ...

Short Sales

Monday, February 16th, 2009 Posted in Real Estate Commentary | No Comments »

Short sales are a great opportunity for buyers who can move quickly to take advantage of the current real estate market dynamics.  We have few instances at The Cliffs(TM) and The Reserve where sellers are being forced to consider this ...

Cheap Money (part 2)

Thursday, February 5th, 2009 Posted in Real Estate Commentary | No Comments »

It seems that the low interest rates (3% HELOC!!) and the COLD weather in the northeast has buyers craving our mountain lake property in the sunny southeast once again.  January was a solid month for property contracts which took many ...