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.
The current home prices are at their lowest for the last 9 years. The reasons behind are weak sales and increasing foreclosures. During the last month, the number of sales of occupied homes fell to an adjusted annual rate of 4.88 million which is down from 5.4 million in January, 2011 – a decrease of around 9.6%. According to economists, a healthy housing market should have a rate of 6 million homes per year; but the current pace is much below this average.
Short sales and foreclosures make forty percent of the total sales made during the last month i.e. February, 2011.
Average sales price fell by 5.2% i.e. 156,100 USD. This is the lowest price level since April, 2002.
This is not a healthy market for builders because the average price of a new home is only 45% higher than the average price of an old house. This difference should only be around 15%. This situation indicates that the prices of old houses are affordable and cheap.
According to NAR, a healthy level of first time home buyers should be 40% whereas 34% of the housing market is now consist of first-time home-buyers.
Every one out of three sales was made in cash i.e. 1/3 of all sales. This rate is two times higher than what it was a year ago. In more troubled housing markets, cash sales were 50% of the total sales.
There was no consistency in the sales of homes throughout the country. In areas where prices dropped, there was an increased trend of sales.
In February, 2011, the number of unsold homes saw an increase and it became 3.49 million. Considering the sales rate in February, 2011, this supply of homes will take 8.6 months to be off the market.
If we take into consideration the “shadow inventory” of unsold houses, the situation will appear worse. Here shadow inventory is the inventory of houses that are in early phase the foreclosure process and are not yet in market.
If you want any help in a short sale, Short sales in New Castle, you can seek help and education from me which is necessary to make educated decisions. If you would like a free PRIVATE consultation please email me at homes4keep@yahoo.com. – Pearl
Heritage Estates Lot 46. 1.3 acres. 100 feet on the river. Anchored gazebo stays. Septic permit. Shared well. Graded and ready to build on. Paved road.
MLS Number: 54345
List Price: $110,000
Very nice lot on New River. Good neighborhood, paved road to lot. Over 100′ on river, has a new gazebo anchored on lot that stays. Septic permit has been pulled as per seller. Grading has been done and shared well on lot. Ready to build on.
Ashe County
Lot Size, Apx Acreage: 1.37
Type: Waterfront
Suitable Use: Residential
Topography: Level, Stream/Creek
Utilities: Total Electric
Water/Sewer: Community Water, Septic Tank
Road Frontage: Private Road, Paved Road
Miscellaneous: 1-5 Acres
HARP was launched in March 2009 to in order to facilitate distressed homeowners and borrowers. It provides the borrowers with an option to refinance mortgage loans. This program is administered by Freddie Mac and Fannie Mae. It was planned to expire on 30 June, 2011.
But the last Friday, FHFA (Federal Housing Finance Agency) announced that the Home Affordable Refinance Program (HARP) had been extended for one year. Now, it will expire on 30 June, 2012.
Moreover, some adjustments has also been made in the program by FHFA. According to these new adjustments eligibility date for the program is changed to May 2009 by Fannie Mae. Freddie Mac recently announced some price adjustments, however, HARP loans are exempted from these adjustments.
In February 2011, extension in HARP was anticipated by the analysts from home market. More than 6.8 million of refinanced mortgages were purchased or guaranteed by Fannie and Freddie in the year 2010. Out of these 6.8 million 0.621 million were refinanced HARP. On these mortgages, loan-to-value ratios was between 80% to 125%.
If you want any help in a Short sales in Penryn,you can seek help and education from me which is necessary to make educated decisions. If you would like a free PRIVATE consultation please email me at homes4keep@yahoo.com. – Pearl
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.
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.
