Category: blog (33)

According to John Gittelsohn and Prashant Gopal with Bloomberg, the U.S. housing market is showing signs of stabilization as price declines ease and home demand improves, spurring several economists to call a bottom to the worst real estate collapse since the 1930s. This is wonderful news for home sellers and Realtors across the country, but can we believe it?

PIMCO's Simon on U.S. Housing, Case-Shiller Index, April 24

April 24 (Bloomberg) — Scott Simon, head of mortgage- and asset-backed debt at Pacific Investment Management

Bloomberg states that Data released yesterday shows better-than-estimated new home sales and a slowdown in price declines. However, prices may still have a way to fall because there are over 6 million homes with delinquent mortgages and/or in the foreclosures process about ready to hit the market. To read more about this article in Bloomberg, click here.

New lake front listing on Lake Glenville located on the East Side of the lake, only 5 miles from downtown Cashiers. The details are:

Stunning panoramic lake views on deep water. Completely renovated in 2009. Open floor plan with lofted ceilings. Luxurious master suite and 3 additional sleeping quarters plus loft. Hardwoods throughout, custom kitchen with oversized island, integrated lighting, media and security system, and many thoughtful details. With all the updating completed, this home is ready to go.  Very difficult to find on the east side of the lake. For more information on this home, contact rob whitney 828-399-1196.