September is a wonderful time to visit Western NC! There's just a hint of the fall color that's soon to come. Posted via email from The Beautiful Smoky Mountains of Western North Carolina: A Wonderful Place to Live, Work & Play!
Posted via email from The Beautiful Smoky Mountains of Western North Carolina: A Wonderful Place to Live, Work & Play!
Darling cabin-style home on .9 acre w/ mountain view, located at the base of the back road to Cataloochee Ski Area. Suitable for year-round or vacation living, this lovely setting is less than a mile from Great Smoky National Park. Property is nicely landscaped w/ lots of outdoor living space. Home has separate living qtrs on main level w/partial 2nd kitchen. 2nd story with lots of glass to enjoy gorgeous view!
3995 Hemphill Rd, Waynesville, NC 28786MLS # 471216. $214,900.
See More About This Awesome Ski Cabin!
Posted via email from The Beautiful Smoky Mountains of Western North Carolina: A Wonderful Place to Live, Work & Play!
Daily Real Estate News | September 2, 2010 | July Pending Home Sales Show Rise  ShareFollowing a sharp drop in the months immediate after expiration of the home buyer tax credit, pending home sales have modestly risen, the NATIONAL ASSOCIATION OF REALTORS® says. The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1 percent below July 2009 when it was 98.1. The data reflects contracts and not closings, which normally occur with a lag time of one or two months. Lawrence Yun, NAR chief economist, cautioned that there would be a long recovery process. “Home sales will remain soft in the months ahead, but improved affordability conditions should help with a recovery,” he said. “But the recovery looks to be a long process. Home buyers over the past year got a great deal, and buyers for the balance of this year have an edge over sellers. For those who bought at or near the peak several years ago, particularly in markets experiencing big bubbles, it may take over a decade to fully recover lost equity.” Yun added, “Affordability could reach a generational high in the second half of this year because of rock-bottom mortgage interest rates, helped partly by the Fed’s very accommodative monetary policy. The loan underwriting standards are tighter, but home buyers can improve their chances of getting a loan by staying well within their budget.” The PHSI in the Northeast rose 6.3 percent to 62.5 in July but is 21.1 percent below a year ago. In the Midwest the index increased 4.1 percent to 66.7 but remains 25.7 percent below July 2009. Pending home sales in the South rose 1.2 percent to an index of 86.3, but are 15.6 percent lower than a year ago. In the West the index jumped 11.6 percent to 95.0 but is 17.6 percent below July 2009. The national index had fallen 29.9 percent in May and another 2.8 percent in June. Yun discusses the latest index figures in a 3-minute video. Source: NAR REALTOR® Magazine-Daily News-July Pending Home Sales Show Rise |
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