Real Estate Blog - Fun things to do this Saturday! Tryon's Fool's Festival

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This Saturday -Tryon’s Fool’s Festival fun for all ages!

Starting around 12:30 the parade, outhouse races, stink bombs, road rash, refreshments and more…

It's all come together! The Tryon Fool's Fest music program will feature three groups in the Depot Plaza down town (22 depot street) on Saturday, April 3. The weather is going to cooperate and be just awesome!
Right after the parade (which starts at 12:34PM), the local Celtic group The Slow Jammers will kick things off somewhere around 1PM. Then the Jim Peterman Band featuring Susie Kocher will play somewhere around 2PM!!! Then Wishgrove (Ken Williams from - QuarterInch Jack - new band) plays around 3PM.
After that, who knows! If folks want to hang out, we can all jam all night. I'm told there will be plenty of 'refreshment' so come on! Don't forget to check out our music online, including the new track Relentless, at http://www.wishgrove.com We're going to upload two more new ones in the next few days, and we'll have CDs soon. If you just can't wait let me know and I'll send you one.

I hope to see you Saturday – Please stop by and say hello!

What is a Log Cabin Shell anyway?

I know you’re probably asking this question. We talk a lot about log cabin shells on our web site and with our visitors who stop by to see us at Fall Creek Land Company, so I wanted to take a few moments to give you a sense of what log cabin shells are (and what they aren’t), and why they can be so beneficial to buyers, especially those not quite certain want they want in a mountain home.

  

Many folks I talk to about our properties here at South Mountain Peaks and Grandview Peaks tell me they pretty much know what they’d like in their mountain retreat, but once they see all of the different options and directions they can go, they’re more puzzled than ever. 

  

Buying your own mountain home doesn’t have to be confusing. Think of it as a really tall blooming fruit tree, ripe with one fruit after another waiting to be picked. That isn’t such a bad thing. Not really. The difficulty is just deciding which ones to choose. 

  

A log cabin shell gives buyers the freedom to design and build whatever atmosphere they want in their new home. Maybe they’re big on greenery and want lots of plant shelving. Or they might be a fan of decks and are just itching to spend their days and nights sprawled out in a rocking chair admiring the view or hovering over a telescope searching for falling stars. And if you’re handy with home projects or enjoy interior design, you can take matters into your own hands and finish your new home on your own. But for those needing some assistance, we have a licensed architect on staff with over twenty years experience ready to help you plan the final look and feel of your cabin. And our team’s always available to recommend reliable local contractors to help you put the finishing touches on your new home.

 

Besides the flexibility they offer, log cabin shells can be a cost-effective way to design your new mountain home with shells and their lots starting as low as $99,900. All Fall Creek cabin shells come equipped with a long list of standard features. Among these are: a 4’ crawl space; layout ranging in size from 1217-1625 square feet;  sub-flooring; a covered front porch and open side or back deck; tilt-in double hung windows; asphalt architectural shingled roofs, ground treated termite protection, septic system approval and a lot ready for underground electric, phone and DSL. Homeowners are responsible for all finishing work not included in the price of the cabin shell, such as plumbing, wiring, floor covering, cabinetry and countertops, and other work required to complete the home inside and out.

 

Cabin shells give buyers the chance to create their own mountain home from start to finish at a pace that meets their schedule, their budget and their personal vision. It’s an alternative that may not be for everyone, but when you do begin shopping for that mountain getaway, it’s just one of several alternatives you might want to keep in mind.

To learn more about Fall Creek Land Company or see some of the properties or log cabin shells currently available, go to our website at carolinaland.com 

 

Or just call Ken Williams at 828-729-4004

  Fall Creek Land Co
CarolinaLand.Com

Cell Phone: 828-429-4004
Office Phone: 828-247-9966

 

Western North Carolina Real Estate – Log Cabin Shells - Local Recreation

Music Travel: LeAnn Rimes in Concert September 11, LeAnn Rimes takes the stage of Forest City’s McNair Field…the headline of a full evening of great music. Gates will open at 5:00 p.m. with the first band taking the stage at 6:30. A wide variety of concessions, including artist merchandise, will be available. The concert will feature a line-up of 3 artists beginning with one of the best live performance groups in country music – Ricochet. One of country music’s hottest new artists will follow as Fast Ryde takes the stage. The headline artist for the evening is Curb Records recording artist LeAnn Rimes. Ticket prices range from $20 to $40 and are available for purchase on-line at ForestCityConcerts.com. ForestCityConcerts.com will contain additional concert information as plans are finalized. Fans can also visit individual artist websites at RicochetOnline.com, Myspace.com/fastryde, and LeAnnRimesWorld.com. http://www.rutherfordtourism.com/news/articles/images/LeAnn.jpg

REALTOR® Magazine-Daily News-Strong Gain in Existing-Home Sales

Strong Gain in Existing-Home Sales
For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of REALTORS®.

Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million units in July from a level of 4.89 million in June. Sales are 5.0 percent above the 4.99 million-unit pace in July 2008. The last time sales rose for four consecutive months was in June 2004, and the last time sales were higher than a year earlier was November 2005.

Largest Gain in a Decade

Lawrence Yun, NAR chief economist, said he is encouraged. “The housing market has decisively turned for the better. A combination of first-time buyers taking advantage of the housing stimulus tax credit and greatly improved affordability conditions are contributing to higher sales,” he said.

The monthly sales gain was the largest on record for the total existing-home sales series dating back to 1999.

“Because price-to-income ratios have fallen below historical trends, there are more all-cash offers. In some recovering markets like San Diego, Las Vegas, Phoenix, and Orlando, the demand for foreclosed and lower-priced homes has spiked, and a lack of inventory is becoming a common complaint,” Yun said.

According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage fell to 5.22 percent in July from 5.42 percent in June. The rate was 6.43 percent in July 2008.

"First-Time Buyer Tax Credit is Working"

An NAR practitioner survey showed first-time buyers purchased 30 percent of homes in July, and that distressed homes accounted for 31 percent of transactions. NAR President Charles McMillan said the first-time buyer tax credit is working. “In addition to first-time buyers, we’re also seeing increased activity by repeat buyers. While many entry-level buyers are focused on the discounted prices of distressed homes, they’re also freeing some existing owners to sell and make a move,” he said.

“Realtors are the best resource for consumers in these changing market conditions because the transaction process has become more complex. Since it’s now taking longer to complete a home sale, first-time buyers who want to take advantage of the $8,000 tax credit should try to make contract offers by the end of September,” McMillan said. “Otherwise, they may miss the November 30 closing deadline.”

Inventory Up, Prices Down

Total housing inventory at the end of July rose 7.3 percent to 4.09 million existing homes available for sale, which represents a 9.4-month supply at the current sales pace, which was unchanged from June because of the strong sales gain. Raw inventory totals are 10.6 percent lower than a year ago when the number of unsold homes was at a record.

The national median existing-home price for all housing types was $178,400 in July, which is 15.1 percent lower than July 2008. Distressed properties continue to weigh down the median price because they typically sell for 15 to 20 percent less than traditional homes.

Single-Family Homes and Condos

Single-family home sales increased 6.5 percent to a seasonally adjusted annual rate of 4.61 million in July from a pace of 4.33 million in June, and are 5.0 percent higher than the 4.39 million-unit level in July 2008. The median existing single-family home price was $178,300 in July, which is 14.6 percent below a year ago.

Existing condominium and co-op sales jumped 12.5 percent to a seasonally adjusted annual rate of 630,000 units in July from 560,000 in June, and are 5.9 percent above the 595,000-unit level a year ago. The median existing condo price was $178,800 in July, down 18.9 percent from July 2008.

By Region:

  • The Northeast surged 13.4 percent to an annual pace of 930,000 in July, and are 3.3 percent higher than July 2008. The median price in the Northeast was $236,700, down 15.0 percent from a year ago.
  • Existing-home sales in the Midwest jumped 10.9 percent in July to a level of 1.22 million and are 8.0 percent above a year ago. The median price in the Midwest was $157,200, which is 5.9 percent less than July 2008.
  • In the South, existing-home sales rose 7.1 percent to an annual pace of 1.95 million in July and are 5.4 percent higher than July 2008. The median price in the South was $164,500, down 7.1 percent from a year ago.
  • Existing-home sales in the West slipped 1.7 percent to an annual rate of 1.13 million in July, but are 1.8 percent above a year ago. The median price in the West was $202,300, which is 28.0 percent below July 2008.

Source: NAR

Good News in the Real Estate Market. NC Real Estate market has been good to me this summer but with this new I am looking forward to a strong Fall Season.
Ken
www.carolinaland.com

CarolinaLand.Com get new look

CarolinaLand.Com  now comes with a fresh new look!

Check it out at www.carolinaland.com

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