2009 January | Asheville Real Estate Voice

Archive for January, 2009

Fantastic Weaverville deal!

January 22nd, 2009 categories: Property Videos

Here’s another video of a property I found in Weaverville that I think is a great value. This particular home is about 15-20 minutes to downtown Asheville, yet a bit in the country. 3 bedrooms, 2 baths with a total of 1,356 square feet heated on .4 acre. What I really liked about this house was it is extremely well maintained, updated and clean as a whistle, ready for anyone to move in right away. It has a beautiful covered patio that will be great for 3 seasons out of the year. Priced at just under $180,000, it compares high on a list of comparables I searched for. The neighborhood is nice and all the homes look well cared for.

So, take a look and see if it interests you. I went into every room and all around the outside of the house, the video is about 7-8 minutes long. Enjoy . . .

Spoken by Sandy Sibley | Discussion: No Comments »

Mortgage Week in Review

January 19th, 2009 categories: Mortgage Reviews

Despite weak economic data and sizable Fed purchases of mortgage-backed securities (MBS), mortgage rates actually rose a little during the week. After falling by more than 1.0% since late November, mortgage rates have resisted any move lower over the last couple of weeks, even with extremely bond-friendly economic news. Still, mortgage rates remain near the lowest levels seen since the 1950s.

The tame inflation reports and weak economic growth data released during the week should have been favorable for mortgage markets. The December Consumer Price Index (CPA) declined -0.7% from November, mostly due to lower energy prices. The core CPI rate, which excluded food and energy, rose a scant 1.8% from one The core CPI rate, which excludes food and energy, rose a scant 1.8% from one year ago. The December Producer Price Index (PPI) report contained similar results, and inflation concernas are low right now. Meanwhile, the economic growth indicators were much weaker than expected. Both Industrial Production and Retail Sales dropped signficantly in December. In 2008, Retail Sales showed their first annual decline since the data began being tracked. Until the economy show solid signs of improvement, we should see little inflationary pressure on mortgage rates.

This week will be an extremely light week for economic data. Only Housing Starts and Jobless Claims appear on the economic calendar, both on Thursday. The Inauguration of Tuesday may have an impact. Mortgage market were closed today in observance of Martin Luther King Day.

Cameron Lewis, Beverly-Hanks Mortgage

Spoken by Sandy Sibley | Discussion: No Comments »

Asheville North Carolina Foreclosure

January 13th, 2009 categories: Property Videos

Let’s start the New Year out with some seriously good real estate deals. I’ve heard the voices and I’m going to give you want you want – GREAT DEALS in Asheville!! To start out, I’m trying something different to get this information to you and that is with video. I’ll be visiting properties and taking you along with me, describing what I’m seeing, giving you my opinions. I plan on featuring one property a week, short sales, foreclosures and other outstanding properties at fantastic pricing. So, check back often, don’t be afraid to ask me questions . . .

Todays property is located in the RiverWalk community in Woodfin, which is only 5-10 minutes to downtown Asheville. Priced at under $275,000, this is what it has to offer: 1,900 square feet, all on one level, 3 bedrooms, 2 full baths, 2 car oversized garage. This home is BRAND NEW and move-in ready. It has a wonderful open family/kitchen great room concept, 9ft high ceilings, cherry cabinets throughout, ceramic tile, wood floors in all living areas and carpeting in bedrooms. His and Her closets in the Master bedroom, soaking tub and dual vanities in the Master bath. Lovely gas fireplace in the family room and a very energy efficient On-Demand Renai gas hot water system.

This is a fantastic deal in a good neighborhood, very near Asheville (has an Asheville address). If you like what you see, contact me for more information or let’s go visit it in person! ENJOY the first of many property videos to come!!