Normandy Lake Area Custom Home with 25-Acres

a southern gem! Normandy Lake Area Custom Home with 25-Acres LOT 25.06-acres of pasture and timber land Butts 250-TVA acres to the lake shore of Normandy Lake Two logging trails to the lake shore Year-round stream Well Abundance of timber, never been logged Great area for fencing, horses and build a barn HOME Built 2009 7,267 s.f. 5-Bed 4/1 Bath 5-Car Garage Custom home built by local builder – all custom finishes includes mill work, flooring, paints, stained glass, paints and murals Outdoor

Mortgage Rates Inch Up, But Don’t Be Worried

Mortgage Rates Inch Up, But Don’t Be Worried Freddie Mac | REALTOR® Mag News | February 1, 2019 After weeks of moderating, mortgage rates moved up slightly this week. But aspiring home buyers may be able to breathe a sigh of relief: Freddie Mac economists revised their forecasts this week to predict 30-year fixed-rate mortgages to average below the 5 percent threshold for at least the next two years. That will bode well for the housing market, which has become very rate sensitive. With

More Big-Market Sellers Are Cutting Prices

More Big-Market Sellers Are Cutting Prices realtor.com | January 31, 2019 More listings are facing price cuts, particularly among the nation’s largest markets. Fifteen percent of U.S. listings saw a price cut in January and more homes spent longer on the market, according to realtor.com®’s latest housing report. Thirty-nine of the 50 largest markets saw an uptick in the share of price reductions compared to last year. The greatest increases in price reductions in January were in Las Vegas (up

Nationally Contract Signings Cool Amid Consumer Concerns

Nationally Contract Signings Cool Amid Consumer Concerns National Association of REALTORS® | January 30, 2019 Pending home sales fell at the end of 2018, as consumers became increasingly concerned about the economy and heightened home prices, according to a newly released housing index from the National Association of REALTORS®. NAR’s Pending Home Sales Index—a forward-looking indicator based on contract signings—decreased 2.2 percent to a reading of 99 in December. Contract signings are down

For Third Week, Mortgage Rates Hold Steady

For Third Week, Mortgage Rates Hold Steady Freddie Mac | REALTOR® Mag News | January 25, 2019 Mortgage rates have mostly stabilized this month and are now essentially at the same point they were last spring, but that hasn't yet given a boost to home sales, which declined over the same period. “Given that the economy remains on solid footing and weekly mortgage purchase application activity has been strong so far in 2019, we expect the decline in home sales to moderate or even reverse over the

Existing-Home Sales Plunge 6.4%, Mortgage Rates Blamed

Existing-Home Sales Plunge 6.4%, Mortgage Rates Blamed National Association of REALTORS® | January 22, 2019 Following two consecutive months of increases, existing-home sales dialed back at the end of 2018 and economists pointed to higher mortgage rates for most of last year as one of the main culprits. However, they’re optimistic a turnaround will be in sight for home sales in the spring season, particularly given that mortgage rates have started to decrease in recent weeks. Total

Will Lower Mortgage Rates Escalate Sales Gains?

Will Lower Mortgage Rates Escalate Sales Gains? Freddie Mac | REALTOR® Mag News | January 18, 2019 The real estate industry will soon see what kind of impact weeks of declining mortgage rates have had on home sales. Will it provide the boost some experts are predicting? Since early November, the 30-year fixed-rate mortgage has fallen nearly half a percentage point, from 4.94 percent to 4.45 percent, where it stood at the end of this week. This could provide an important incentive for potential

Top 5 Landscaping Trends for 2019

Top 5 Landscaping Trends for 2019 NALP | REALTOR® Mag News | January 15, 2019 Pergolas, metals, and pinks will be the leading landscape cravings of 2019, according to the National Association of Landscape Professionals. The NALP surveyed 1 million of its landscaping professionals to predict the hot trends that will influence the design and maintenance of backyards across the country. “Homeowners yearn for beautiful outdoor spaces without the hassle of upkeep,” says Missy Henriksen, the NALP’s