Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate

Early morning sunrise farm views from a Maggie Valley overlook.

Susie Blackmon — Sun, 08 Nov 2009 21:35:52 +0000

Posted via email from Susie Blackmon’s Posterous

Early Sunday morning on a creek in Maggie Valley.

Susie Blackmon — Sun, 08 Nov 2009 14:13:12 +0000

Early this [Sunday] morning I took a quick drive in Maggie Valley, and of course had to see how the creeks looked … they looked cold and rapid. Can’t wait to take pictures when snow and ice change the landscape.

There are some perfect spots along the creek for an Airstream.

If you like creek photos, click here to see more.

Fall photos taken in and around Maggie Valley are here.

Posted via email from Susie Blackmon’s Posterous

Maggie Valley Creek Decorated for Fall Leaf Lookers. | Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate (susieblackmon.com)
Want to Hear the Sounds of a Beautiful Maggie Valley Creek? (buckingtherealestatetrend.com)
Magical Monday | Maggie Valley Creek Doggie. | Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate (susieblackmon.com)
The LlamaCaddy Llamas Made a Grand Appearance at The Maggie Valley Club Yesterday. (buckingtherealestatetrend.com)

Watch Foreclosures, Seriously – Realty Check with Diana Olick [CNBC].

Susie Blackmon — Sun, 08 Nov 2009 10:06:54 +0000

Watch Foreclosures, Seriously

Published: Friday, 6 Nov 2009 | 1:52 PM ET

By: Diana Olick
CNBC Real Estate Reporter

CNBC.com

Saving Housing

While the Realtors and Home Builders and Mortgage Bankers all bask in the glow of the home buyer tax credit extension/expansion, we all need to turn our attention to the real drag on a housing recovery: Foreclosures.

Yeah, I know, everyone seems kind of tired of talking about them; we’ve got the government modification program in place. Big banks are all ramped up with the program, Fannie Mae [FNM 1.04 -0.08 (-7.14%) ] is letting folks who don’t qualify for mods stay in their homes and rent, and foreclosure inventories in the big bad hardest hit states are actually drying up as investors get in and grab up the bargain basement properties.

Homes And More on CNBC

Current DateTime: 01:59:22 08 Nov 2009
LinksList Documentid: 33728834

Most Affordable Metro Areas

Most Popular Relocation Cities

Realty Check with Diana Olick

Clear Capital, a “provider of data and solutions for real estate asset valuation,” notes that home prices are improving thanks to fewer foreclosure sales. “The continued decline in REO saturation rates, as well as an increase in the proportion of cash buyers in both distressed and fair market sales, are an encouraging sign of investor optimism coming into the traditionally slow months,” says Clear Capital’s Sr. Statistician, Alex Villacorta.

That’s because banks and Fannie and Freddie [FRE 1.23 -0.02 (-1.6%) ] are slowing the process, trying to jam as many borrowers into mods as possible. They’re also overwhelmed by the sheer numbers, leaving many many delinquent borrowers still sitting in their houses scott free without hearing word one from their lenders. But that’s going to change.

Read the rest of the article here.

via cnbc.com

Posted via web from Susie Blackmon’s Posterous

Fannie Mae to Allow Borrowers to Lease Homes (nytimes.com)
Real Estate News: Fannie As Landlord, Tax Credit Extended (blogs.wsj.com)
Fannie Mae: “Deed For Lease” Program Will Let Thousands Rent Out Homes To Avoid Foreclosure (huffingtonpost.com)

Haywood County NC – REVISED Residential Real Estate Sales by Month – As of 10/31/09.

Susie Blackmon — Sat, 07 Nov 2009 17:24:27 +0000

These are updated Haywood County numbers for October to include closings that were added after I reported October sales on November 1st. Note that the Median Selling Price in October is one of the lowest of 2009.

Source: MLS. Data deemed reliable but, not guaranteed.

Haywood County NC – REVISED Maggie Valley Residential Real Estate Sales – thru 10/31/09.

Susie Blackmon — Sat, 07 Nov 2009 17:19:32 +0000

Maggie Valley residential real estate sales numbers for October have been updated to include closings that were added after I reported October sales on November 1st. Note that, like Waynesville, the Median Selling Price in October is the lowest MSP of 2009.

Source: MLS. Data deemed reliable but, not guaranteed.

Haywood County NC – REVISED Waynesville Residential Real Estate Sales – thru 10/31/09.

Susie Blackmon — Sat, 07 Nov 2009 17:11:40 +0000

These are updated Waynesville numbers for October to include closings that were added after I reported October sales on November 1st. Note that the Median Selling Price in October is the lowest MSP of 2009.

Source: MLS. Data deemed reliable but, not guaranteed.