Info, commentary and musings from Tavia Thomas, REALTOR/Broker about life, events, property, real estate in

the Western North Carolina Smoky Mountains, Waynesville, Maggie Valley, Lake Junaluska, Canton, Clyde and Haywood County.


Tuesday, August 30, 2011

Lake House in Georgetown, GA: For Sale, 250K

This is a great property that my clients have for sale:

Georgetown, GA, United States
25 Josephine Overlook Price: $250,000.00
Property ID: 477


http://www.landandlakesales.com/info.php?id=477&i=1&s=23

Just the right size home for the weekend retreat! Enjoy this cabin retreat in popular Bonapartes Retreat Subdivision complete with brand new covered boat slip and walkway! The home exterior is wood frame with a new roof and attached carport. Interior features living,dining,kitchen combination with appliances, two bedrooms, one full bathroom and two half baths. A sitting room is currently used as an extra bedroom. A spacious screened porch is on the front of the home. Other features include plentiful closet space, utility area, nice deck with hot tub included, two storage buildings and community boat dock and boat ramp!
Please call for all the details!

2 bedroom(s), 1 bathroom(s), 0 garage

Neighborhood: Bonapartes Retreat Subdivision, Quitman County, GA

House Sq.Ft.: 1292.00
Acres: 0.46
Age of Home: 0 Yrs.
Fireplace
Lake view
Lake waterfront

For more information call
Karen Henderson
Phone: 229-334-8104

or click here to email.

More properties by this agent

Karen Henderson Resume

Posted via email from The Beautiful Smoky Mountains of Western North Carolina: A Wonderful Place to Live, Work & Play!

Friday, August 5, 2011

Current Listings, August 2011

Mortgage Rates Reach Record Lows | Realtor Magazine

It's a GREAT time to buy in the Smoky Mountains of NC! :) Cabins, cottages, golf getaways, your dream home -- we have it all! Prices are down and you can't beat the mortgage rates! Karen Cioce-Cagle at Champion Credit has 4.25% on a conventional 30 year fixed mortgage !!! You can reach her at (828) 456-6268

Mortgage rates dropped sharply this week, possibly improving the purchasing power of many home buyers. The 30-year fixed-rate mortgage, the most popular choice among buyers, averaged 4.39 percent this week, its lowest average for 2011, Freddie Mac reported in its weekly mortgage market survey. The 15-year fixed-rate mortgage and the 5-year adjustable rate-mortgage also both reached new historical record lows. 

Rates mostly dropped across the board amid signs of a weakening economy, Freddie Mac says. 

"Treasury bond yields fell markedly after signs the economy was weaker than what markets had previously thought allowing fixed mortgage rates to follow this week with the 15-year fixed and 5-year ARM setting new historical lows,” says Frank Nothaft, chief economist at Freddie Mac.

Nothaft also noted some improvement in the housing market, however. "There were indications that the housing market is firming,” he says. (see Pending Home Sales Rise in June)

Here’s a closer look at rates for the week ending Aug. 4:

30-year fixed-rate mortgages: averaged 4.39 percent, downfrom last week’s 4.55 percent average. A year ago at this time, 30-year rates averaged 4.49 percent.  

15-year fixed-rate mortgages: averaged 3.54 percent, dropping from last week’s 3.66 percent average.Last year at this time, 15-year rates averaged 3.95 percent.  

5-year adjustable-rate mortgages: averaged 3.18 percent this week, falling from last week’s 3.25 percent average. Last year at this time, 5-year ARMs averaged 3.63 percent.

1-year adjustable-rate mortgages: were the only ones on the rise last week, averaging 3.02 percent this week, which is up from last week’s 2.95 percent average. Last year at the time, 1-year ARMs averaged 3.55 percent.  

Source: “Mortgage Rates Hit Record Lows Amid Signs of Weakening Economy,” Freddie Mac (Aug. 4, 2011)

 

Posted via email from The Beautiful Smoky Mountains of Western North Carolina: A Wonderful Place to Live, Work & Play!