GA Mountain Land

RISMedia to Showcase Celebrity Home Listings

susanne — Tue, 17 Jan 2012 22:00:06 +0000

Agents, have you ever listed or sold a home owned by a celebrity? If so, we want to know about it! RISMedia is excited to announce that in 2012 we will be significantly expanding our coverage of celebrity homes and …

Monday Morning Mobile: Time to GoMo and Test Your Site

susanne — Sun, 15 Jan 2012 18:06:03 +0000

We all know that Google is no stranger to the world of mobile, after all its operating system, Android, is the most popular in the world; all their apps (Gmail, Google calendar, flicker, etc.) are all designed for use on …

GOP cribs: Where the candidates live

Home mortgage rates and real estate news - CNNMoney.com — Fri, 13 Jan 2012 10:34:31 +0000

It may not be 1600 Pennsylvania Ave., but the presidential candidates reside in some pretty nice digs. Here's a look at where they live -- at least, for now.

Foreclosures fall to lowest level since 2007

Home mortgage rates and real estate news - CNNMoney.com — Thu, 12 Jan 2012 13:18:41 +0000

Foreclosure filings and repossessions fell to their lowest level since 2007 last year.

Mobile Goes Mainstream: MRE Announces Support of Google’s Go Mo Initiative

susanne — Wed, 11 Jan 2012 22:12:13 +0000

In support of Google’s Go Mo initiative, Mobile Real Estate (MRE), a leading mobile solutions provider, has launched a free online tool that allows REALTORS® to test their website to ensure it is optimized for mobile. When Google launched its …

Fannie Mae CEO to resign

Home mortgage rates and real estate news - CNNMoney.com — Tue, 10 Jan 2012 23:14:40 +0000

Fannie Mae CEO Michael Williams plans to resign, the government-controlled mortgage giant said Tuesday. Williams, who took over as president and CEO of the troubled company in 2009, will continue as CEO until Fannie Mae's board names a successor. The firm did not provide a specific reason for Williams' departure; in a statement, Williams said only that he had decided that "the time is right to turn over the reins to a new leader." Williams will leave behind a firm still struggling to get its finances in order. In November, Fannie Mae reported a net third-quarter loss of $5.1 billion. The loss forced the firm to ask for another $7.8 billion in funding from the Treasury Department, a request that took its bailout total to $112.6 billion. Federal regulators put Fannie Mae and fellow government-sponsored enterprise Freddie Mac into conservatorship during the financial meltdown in September 2008. The sister companies now depend on government help to cover losses on the mortgages they own or guarantee. In October, Freddie Mac CEO Ed Haldeman also announced plans to step down at some point this year. Williams and Haldeman have faced scrutiny in recent months for their hefty paychecks, granted even as their firms rely on taxpayer support. The targets for their 2011 pay, which will include deferred compensation, are set at about $6 million a piece. In December, the Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac, including former Fannie CEO Daniel Mudd and former Freddie chief Richard Syron with securities fraud. The SEC alleges that the executives misrepresented the firms' holdings of high-risk mortgage loans ahead of the financial crisis.

High-yield mortgage REITs: Too good to be true?

Home mortgage rates and real estate news - CNNMoney.com — Tue, 10 Jan 2012 19:20:40 +0000

As bond, CD, and money market interest rates remain mired at rock-bottom levels, investors continue their quest for dividends. One category offers eye-popping yields: mortgage real estate investment trusts, or mREITs (which are required to pass most of their income to shareholders via dividends). Chimera Investment and American Capital Agency each yield more than 19%. And the largest mREIT, Annaly Capital Management -- which we've recommended before -- offers a 15% payout. Are these returns too good to be true?

Turning foreclosures into rentals

Home mortgage rates and real estate news - CNNMoney.com — Tue, 10 Jan 2012 16:36:21 +0000

Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties.

Delightful Lakeside Lots On W. Kerr Scott Lake, Wilkes County NC

admin — Mon, 09 Jan 2012 11:26:17 +0000

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

Washington, D.C. leads U.S. in attracting new residents

Home mortgage rates and real estate news - CNNMoney.com — Sat, 07 Jan 2012 00:08:02 +0000

Among those who moved last year, the nation's capital was once again the most popular destination.

Mid Atlantic Region Expected to be ‘The Exception, Not the Rule,’ in 2012 Housing Market

beth — Fri, 06 Jan 2012 03:53:58 +0000

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 …

Manhattan home prices fall in final months of 2011

Home mortgage rates and real estate news - CNNMoney.com — Wed, 04 Jan 2012 10:26:53 +0000

Despite a number of multi-million dollar home sales, including a record-setting $88 million penthouse deal in December, Manhattan real estate prices fell significantly during the final months of 2011.

Bailout concerns mounting for federal housing agency

Home mortgage rates and real estate news - CNNMoney.com — Tue, 03 Jan 2012 21:49:01 +0000

Concerns are growing that the Federal Housing Administration will need to be bailed out by taxpayers.

Coldwell Banker Platinum Partners Helps Local Charities this Holiday Season

beth — Mon, 02 Jan 2012 19:28:41 +0000

During Coldwell Banker Platinum Partners’ holiday charity drive, sales agents and staff from throughout the region spent much of November and December gathering donations to benefit a variety of charities. The Partners banded together with one common goal – to …

Prudential Network Realty Launches Mentoring Program

beth — Mon, 02 Jan 2012 19:26:19 +0000

The real estate professionals at Prudential Network Realty are helping students learn about career opportunities through their support of a new real estate mentoring program for youth attending the MaliVai Washington Youth Center.

“It is very rewarding to launch a …

FHA says: Flip that house

Home mortgage rates and real estate news - CNNMoney.com — Mon, 02 Jan 2012 15:49:07 +0000

Flippers, the real estate investors who buy homes on the cheap and quickly resell them at a profit, just got a reprieve from the Federal Housing Administration.

Lakefront Lot on W. Kerr Scott Dam & Reservoir, The Sanctuary At William’s Farm

admin — Mon, 02 Jan 2012 11:24:53 +0000

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

Foreclosure free ride

Home mortgage rates and real estate news - CNNMoney.com — Sun, 01 Jan 2012 21:40:19 +0000

Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they're willing to put up a fight.

Home prices down for 6th straight month

Home mortgage rates and real estate news - CNNMoney.com — Tue, 27 Dec 2011 16:43:03 +0000

Housing markets, which had seemed to be slowly gathering strength earlier this year, fell for the sixth straight month in October, down 1.2% compared with September and 3.4% from 12 months earlier.

New home sales edge up

Home mortgage rates and real estate news - CNNMoney.com — Fri, 23 Dec 2011 15:44:50 +0000

The modest housing market winning streak continued as the Census Bureau reported Friday that sales of new homes rose again in November to an annualized rate of 315,000.

Actions on Housing Policy Will Make or Break Recovery

beth — Thu, 22 Dec 2011 23:12:07 +0000

We have many reasons to be optimistic about housing. Past-due mortgages and foreclosure filings have been trending down in recent months, not to mention inventory is decreasing, interest rates are lower than ever and home prices are stabilizing. But the …

Showing Suite Productivity Software Enables Agents to Provide Top-Notch Service

beth — Thu, 22 Dec 2011 22:58:42 +0000

Maintaining a competitive edge in today’s market takes more than positioning yourself as an educated, trusted advisor. As buyers and sellers alike continue to turn to the Internet to start their real estate search, it’s more important than ever that …

Prudential Network Realty Agent Ranked No. 1 Sales Associate in Florida

beth — Thu, 22 Dec 2011 22:33:24 +0000

Prudential Network Realty’s Elizabeth Hudgins of the Ponte Vedra Beach office was recently recognized as the No. 1 sales associate in the Prudential Real Estate Network in Florida, which encompasses more than 10,000 agents, the company announced. In year-to-date statistics …

Survey Shows Speedy Sales in SoCal Luxury Housing Markets

beth — Thu, 22 Dec 2011 22:30:38 +0000

High end homes in both Malibu and Pacific Palisades are selling faster, according to a Westside Estate Agency (WEA) analysis of housing data in the two luxury markets through the third quarter.

The report, which reviews overall total sales in …

Mortgage rates hit another record low

Home mortgage rates and real estate news - CNNMoney.com — Thu, 22 Dec 2011 18:32:35 +0000

Happy holidays, homebuyers! You just got a very nice present.

SEC charges former execs of Fannie, Freddie

Home mortgage rates and real estate news - CNNMoney.com — Wed, 21 Dec 2011 17:07:06 +0000

The Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac with securities fraud on Friday for misrepresenting their holdings of high-risk mortgage loans.

Home sales worse than thought

Home mortgage rates and real estate news - CNNMoney.com — Wed, 21 Dec 2011 17:01:50 +0000

Existing home sales during the housing bust were actually 14.3% worse than previously reported, a revision to Realtors' group numbers shows.

Foreclosure sales still pummeling home prices

Home mortgage rates and real estate news - CNNMoney.com — Wed, 21 Dec 2011 15:15:22 +0000

Nearly five years into the crisis, just how badly are foreclosures still hurting the housing market?

Fannie and Freddie must go – here’s how

Home mortgage rates and real estate news - CNNMoney.com — Tue, 20 Dec 2011 16:51:31 +0000

Richard M. Kovacevich is the retired Chairman & CEO of Wells Fargo. William M. Isaac is Global Head of Financial Institutions at FTI Consulting and former Chairman of the FDIC. The views expressed are their own.

Home building spikes higher

Home mortgage rates and real estate news - CNNMoney.com — Tue, 20 Dec 2011 15:14:10 +0000

Home building spiked up in November to the strongest level in almost two years, as record-low mortgage rates and a surge in apartment and condo construction lifted activity.