Big mortgages: Harder to get and more expensive

Starting Oct. 1, the beleaguered housing market will confront the latest hurdle to its recovery: The size of mortgages that the federal government can back will be drastically reduced in high-priced regions.

Homes Sales Increase across New England without Artificial Stimulus

REGIONAL SPOTLIGHT—August brought both high temperatures and strong transactions in New England. Total transactions increased 2.3% vs. July 2011 for the second straight month, and year-over-year transactions also increased 8.9%. Vermont and Massachusetts were the only states in the region…

‘I can’t flip this house’

Buy a home on the cheap and flip it for big profits? That dream is all but dead.

Real Estate Job Outlook Vastly Improved in 2011: USC Lusk Center

Statistics released by the University of Southern California Lusk Center for Real Estate (www.usc.edu/lusk) show an increase in job opportunities for young real estate professionals and reflect an improving job market for the industry.

According to the USC…

New Book Offers ‘Blueprint’ for Million-Dollar Income in Any Market, 10-Part Series Launches with Author Q&A

Editor’s Note: Blueprint for 100 Deals or More Than $1 Million Per Year in Income: The Exact Systems and Technology to Sell 100+ Homes, Every Year—No Matter the Market, is a new book by leading real estate industry executives Alan

Home prices climb for fourth straight month

Home prices in July climbed for the fourth month in a row, but are still down from a year ago.

Dodge the draft and cut home heating costs

You don’t have to invest thousands in high-tech insulation or a super-efficient furnace to cut home heating costs. Just sealing drafts could lower your bills 3% to 18%, according to Danny Parker, a research scientist who works with the Department of Energy.

Retire To Your Dream Home On A Lakefront Lot, W. 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.

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click here for more informationMalone Bay Lakefront Lot W. Kerr Scott Lake

Affordable mansions for sale

Ever dream of having your own reception hall or a dining room that could seat 20 people? These mansions offer lots of living space for less than what it costs to buy a one-bedroom condo in New York.

Existing home sales jump in August

Home buyers are starting to creep back into the housing market, lured by rock-bottom prices.

NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS®

This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Access to 6 business building webinars for only $14.99, a message from Liberty Mutual, and promotional materials now available for REALTOR® Designation Awareness month.

Share this Great Educational Opportunity

Deadly tornadoes sends storm shelter sales soaring

The tornado season of 2011 will go down as one of the most destructive and dangerous in U.S. history.

2+ Acre Main Channel Lake Lot, W. Kerr Scott Lake, Wilkes County NC

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

The newest threat to home prices

The rancorous debate about how to address our escalating national debt has dominated the conversation in Washington lately. What isn’t getting much attention inside the Beltway — but should — is a looming event that could have major consequences not only for your home’s value but also for the overall economic recovery. Barring last-minute action by Congress, upscale housing is about to take another punch to the solar plexus — just as it’s struggling to stabilize.

Foreclosures rise in August

Foreclosure filings rose in August, as more homebuyers fell behind on their mortgage payments.

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