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Susie Blackmon

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Homes for Sale in Maggie Valley, Waynesville, Asheville, etc. ~ DAILY UPDATES.

Posted March 14th, 2010 by Susie Blackmon

03/14/10

Please click the buttons below for the daily updates of new Maggie Valley, Waynesville (and all of Haywood County) and Asheville (and all of Buncombe County) homes for sale; or

  • Go to the Twitter feed in the sidebar on the left and click the links.

Maggie Valley, Waynesville Area Daily New Residential Listings:

2010 Button New Res Listings

Asheville Area Daily New Residential Listings:

2010 Button New AVL Res Listings

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

  • NOTE: If you can’t find the daily updates post due to newer blogs, PLEASE LOOK AT THE SIDEBAR TO THE LEFT for my scrollable Twitter feed. Links will be posted there every day as well. Just click the link(s) you want to see.  In other words, you may simply use ONLY the Twitter feed in the sidebar to the left for all Daily Updates. (Easier!)
  • If you have any questions, want more property information, or want me to add more daily updates, please let me know by leaving a comment, or by phone (828-550-3767), via Twitter @SusieBlackmon, or via email: susie@susieblackmon.com.
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Smackers Sports Grill is a Great Place to Eat in Waynesville NC.

Posted March 13th, 2010 by Susie Blackmon

Thursday night I met a few friends at Smackers Sports Grill, well known as a great place to eat in Waynesville. Smackers Sports Grill is very conveniently located, very reasonably priced, easy to find, is situated right between Waynesville and Maggie Valley on Dellwood Road, and is a local favorite.

Here’s is a link to my review of Smackers on Yelp.

  • Smackers Sports Grill
  • 2651 Dellwood Road
  • Waynesville NC 28786
  • 828-926-0999

Posted via email from Susie Blackmon’s Posterous

More good food in and around Waynesville and Maggie Valley:

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Must Read: Shadow Inventory [HousingWire].

Posted March 13th, 2010 by Susie Blackmon

The real estate rodeo ‘ain’t over yet.’ (I know… I said that before.) There’s no way to predict the future, but gathering information for decision ammunition is to the advantage of anyone who might be considering a real estate purchase. The article below from HousingWire is quite interesting. Today’s Wall Street Journal The Home-Credit Derby Has Its Price article is also a good read.

Tuesday, February 16th, 2010, 1:03 pm
Write to Jon Prior.

The “shadow inventory” of bank-repossessed properties, as well as distressed mortgages facing foreclosure, will take nearly three years to clear at the current sales rate, according to a report from the credit rating agency Standard & Poor’s (S&P). The analysts add that during this period many servicers will likely shift their emphasis from mortgage modification to loan liquidation.

The “shadow inventory” of homes includes all delinquent loans and real-estate owned (REO) property that has not reached the market. REO property are foreclosed homes taken back by the bank for liquidation. As for the total amount of homes in the shadow inventory, Amherst Securities places the total at 7m. The Royal Bank of Scotland found 2.7m, and First American CoreLogic counted 1.7m.

S&P estimates the inventory to equal a 33-month supply of homes. Analysts added the estimate is actually conservative, as they did not assume homes not showing signs of distress would default and push the overhang of supply even further.

Furthermore, court delays, political pressure and servicing backlogs constricted the flow of foreclosures hitting the market to a trickle. These delinquent borrowers who have not received a foreclosure fuel the “rapidly” growing shadow inventory of properties, according to the report.

“Overall, it is our opinion that recent positive housing reports should not be construed as a sign that the distress in the residential housing market is abating, but rather should be attributed to the temporarily limited supply of homes on the market,” according to the report.

Another credit rating agency, Moody’s, showed that the underwhelming performance of the Home Affordable Modification Program (HAMP), which the US Treasury Department launched in March 2009 to give incentives to servicers for the modification of loans on the verge of foreclosure, will drive down housing prices another 8% from Q409 to the end of 2010.

According to the S&P report, homes are falling into serious delinquency faster than REO transactions are closing. The total balance of seriously delinquent loans reached well over $400bn through November 2009, while the balance of REO properties reached its peak in September 2008 and declined to $50bn. On average, $14.5bn of seriously delinquent loans or REO property liquidates each month. According to the report, it will take 29 months to clear this supply of homes:

*****Read the rest of the article here.*****

Write to Jon Prior.

via housingwire.com
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Homes for Sale in Maggie Valley, Waynesville, Asheville, etc. ~ DAILY UPDATES.

Posted March 13th, 2010 by Susie Blackmon

03/13/10

Please click the buttons below for the daily updates of new Maggie Valley, Waynesville (and all of Haywood County) and Asheville (and all of Buncombe County) homes for sale; or

  • Go to the Twitter feed in the sidebar on the left and click the links.

Maggie Valley, Waynesville Area Daily New Residential Listings:

2010 Button New Res Listings

Asheville Area Daily New Residential Listings:

2010 Button New AVL Res Listings

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

  • NOTE: If you can’t find the daily updates post due to newer blogs, PLEASE LOOK AT THE SIDEBAR TO THE LEFT for my scrollable Twitter feed. Links will be posted there every day as well. Just click the link(s) you want to see.  In other words, you may simply use ONLY the Twitter feed in the sidebar to the left for all Daily Updates. (Easier!)
  • If you have any questions, want more property information, or want me to add more daily updates, please let me know by leaving a comment, or by phone (828-550-3767), via Twitter @SusieBlackmon, or via email: susie@susieblackmon.com.
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DAILY UPDATE of New Maggie Valley, Waynesville, Asheville Homes for Sale.

Posted March 12th, 2010 by Susie Blackmon

03/12/10

Please click the buttons below for the daily updates of new Maggie Valley, Waynesville (and all of Haywood County) and Asheville (and all of Buncombe County) homes for sale; or

  • Go to the Twitter feed in the sidebar on the left and click the links.

Maggie Valley, Waynesville Area Daily New Residential Listings:

2010 Button New Res Listings

Asheville Area Daily New Residential Listings:

2010 Button New AVL Res Listings

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

  • NOTE: If you can’t find the daily updates post due to newer blogs, PLEASE LOOK AT THE SIDEBAR TO THE LEFT for my scrollable Twitter feed. Links will be posted there every day as well. Just click the link(s) you want to see.  In other words, you may simply use ONLY the Twitter feed in the sidebar to the left for all Daily Updates. (Easier!)
  • If you have any questions, want more property information, or want me to add more daily updates, please let me know by leaving a comment, or by phone (828-550-3767), via Twitter @SusieBlackmon, or via email: susie@susieblackmon.com.
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