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.
A data revealed by NAR or the National Association of Realtors in Tuesday has shown that many of the properties under foreclosure, like pre-foreclosure short sales and homes owned by the bank, made 39% of the present home sales in the first quarter. It rose 3% percent higher than the previous year’s home sales of 36%.
The sales of those owned homes, in general, increased to a yearly rate of 5.14 million units in the first quarter this year, as reported by the trade group. This accounts for 8.3% more than the last quarter and significantly flat and down just 0.8% a year ago.
NAR stated that these current home sales pursued recovery in the first quarter with quarterly gains documented in the District of Columbia as well as 49 other states. Vermont was seen to be the only state showing a decline. There was a drop of 7.1% for existing-home sales in Vermont.
In market, the distressed properties share a large portion, the median home value in many areas keep on sliding. NAR stated that these distressed homes are usually sold at a reduced price of approximately 20% in the Q1.
Based on the study conducted by the trade group, the national median price for an existing home for a single-family was around $158,700 during Q1, which is lower by 4.6% from $166,400 in the 2010’s first quarter.
NAR’s chief economist, Lawrence Yun, states that the most excellent performance is witnessed by the lower priced properties.
He said that, “most of the rise of sales was seen on the properties at lower price range that are popular to both cash buyers and investors.” Further, he explained, “The bottom line of the prevalence of the sales activity is to reduce the median price, so we are now seeing the outcome of the slight change in the composition of home sales.”
Also, Yun stressed that, “As homebuyers buy distressed properties in a particular market, the property values recorded will be quite low, which is the result we’re seeing in most countries.”
Based on NAR’s latest study, 118 out of 135 metropolitan statistical areas that were a part of the study seem to show that the price reduces in Q1 as compared to the figures in the previous year. Even if the national sales are a bit lower in the past year, the quantity of homes sold in the first quarter, especially at the value of a hundred thousand dollars or less, was 8.9 percent higher as compared to Q1 of 2010, which made a downward slope on the general median price as explained by NAR.
The share of the purchases of the all-cash home increased to 33% during the first quarter, this is 6% higher from 27% in 2010’s first quarter. The NAR explains that investors contributed about 21% of the transactions in Q1, and 32% of the homes were bought by first time home buyers, and 47% in the market share were from the repeat buyers. thomas sabo charm sale
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
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.
The default rates are declining this year; however, debtors having second liens opposed the trend as their default rate raise in April with the first five months as revealed by the Standard & Poor’s and Experian data.
The default rate on the second liens had risen in April by 1.51% from 1.42% in the previous month, based on the S&P/Experian Consumer Credit Default Indices produced by firms.
Simultaneously, there was a reduction in defaults on the first mortgages, and the segment’s default rate went down from 2.33% between the months of March and April to 2.16%. As stated by the chairman of the S&P Indices committee and managing director David Blitzer, “We had witnessed the default rates falling from different major categories and most large cities during the past six months, but taking a look at the data in April, that could be coming to an end. The big question here is whether this scenario in April is just transient or are the household balance sheets going to get worse?”
He said further, “There are a few notable differences among MSAs and credit types. The bank card default rates have surged in April after dropping for each month within 19 months, and the data imply that the default rate on credit card maintains at 5.9%, which is twice larger than the other classes of loans.”
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
