big canoe homes: Clouds in Big Canoe
- 03/24/09 07:20 AM
No matter how tough it gets sometimes looking out my back window and seeing these clouds cheers me up. In a way the clouds are the mountains breathing much in the same way you would see your breath on a cold day. The mountains themselves live and breathe through storms and sunshine. Hope you enjoy the photo.
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big canoe homes: To Build or not to build , That is the question
- 03/18/09 12:32 AM
Land sales are a large part of our business in the mountains. By all accounts land sales are really really slow. Some communities have a 2 year inventory at the current rate of absorption. There are 3 things that effect land sales here.
1 Investors. In the not so long ago days of easy money investors could buy land to hold for investment with less than good credit for very little down. Those days are over. So the easy money that fueled speculation has dried up slowing the land markets price increases incredibly
2 But the Question of building has effected … (7 comments)
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big canoe homes: Great New Big Canoe listing 414 Dsharoon Ridge
- 03/01/09 05:58 AM
This Condo was previously listed. However the seller has reduced the price to 169,000. Also they will pay 12 months of Association fees and dues. This is a great 3 bedroom 2 bath split level Condo. The good news is it comes completely furnished. Pots Pans Bed linens the works
Also it can be but on a rental program. The great News it is in Big Canoe. . There are 3 lakes a fitness center. tennis golf and tons of trails and things to do. All set in the great North Georgia Mountains
The mls number is 3865951. The times … (0 comments)
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big canoe homes: Meeting with Federal Reserve People
- 02/19/09 07:29 AM
It has been an interesting week for me. Earlier in the week as part of our radio presence we interviewed Senator Isakson about housing. I have posted that with a link to the interview earlier. Today I attended a meeting where the speaker was from the Federal Reserve.
I am an X banker so I was able to follow his discussion and later able to ask questions. I am writing this blog to sum up what was said, as it is important to us in the industry
The Current Crisis; From the standpoint of the Fed the current crisis had its' … (5 comments)
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big canoe homes: Interview with Senator John Isakson
- 02/18/09 11:37 PM
On Tuesday on WYYZ radio we interviewed John Isakson Senator from the State of Georgia. Senator Isakson has been a champion of home owners and a great advocate. He spent 33 years as a very successful Realtor in the Atlanta area. Given what is coming outr of Washington today this interview may be of interest to many of you. It gives you a sense of the FINALLY awakening in Congress to the p[light of the home owner. A As creating and using a link is beyond my ability even with the help of Brad at Active rain I am giving you … (4 comments)
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big canoe homes: Real Estate, Big Canoe, Jasper, North Georgia Mountain Market Update
- 02/09/09 11:31 PM
So what is happening in our North Georgia Mountains?
1 Unemployment has gone up to almost 10 percent. This is rare for us. But key industries like the carpet industry are slow.
2 Tourism on the other hand seems brisk. Folks are not traveling as far as they used to. So people from Atlanta and even North Florida are vacationing in the Mountains.
3 The North Georgia Mountains still remain a great value. You can find 1 acre GOOD buildable lots in excelent loacaions for prices as low as 20,000. Homes declined in value approximately 8 percent in 2008. You can … (4 comments)
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big canoe homes: More than EVER you need a Realtor
- 01/23/09 07:48 AM
There is a stream of thought out there that says, "Hey there is the Internet out there Realtors are obsolete. To me it is like saying I brush my teeth, I read on WEBMD I do not need a dentist. Now more than ever you need a Realtor. Why ? Here is why.
In these tight times you may be looking to spend as little as possible. So you think I will buy a home that is less expensive, or buy a manufactured home. But if that home is not on city water and on a gravel road, or even a … (6 comments)
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big canoe homes: North Georgia Today, Jasper ,Big Canoe, Get it sold plan
- 01/13/09 11:27 AM
The North Georgia Mountains are feeling the effects of the slow down in the economy and the bursting housing bubble. But unlike many other areas we did not have that big a bubble to burst to begin with. While other areas grew at 50 percent a year or better over 3 years we averaged a 10 percent growth in prices. What that means is we saw a 30 plus percent increase in prices for 3 years. Now if you bought 3 years ago and are selling today you are down about 10 percent in price. So if you do the math … (0 comments)
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big canoe homes: All Mountain Realty in Atlanta
- 01/06/09 11:07 PM
All Mountain Realty has added a great guy, Dan Johnson in Atlanta. Dan is on Active Rain as well. What this means is if you have clients moving to Atlanta there are a couple of folks in our organization now able and experienced to help you. Please consider us when you have clients moving to this area.
What it means to you as a seller in either Atlanta or the north Georgia mountains is we can help you. In the mountains we see a lot of folks moving here from Atlanta. So we have a direct contact in that market to … (5 comments)
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big canoe homes: Come out Come out
- 12/29/08 11:45 PM
In 2008 I felt like a Munchkin. Some one dropped a market on my House !!! The wicked witch had a Wall Street Address. Her minions were not flying Monkeys but Credit Default Swaps and CDO's.
So here are the questions . Are lower interest rates the Ruby Slippers ? Will Buyers come out? I think so. I think the storm is just about over. As Realtors maybe when we get to Emerald City we should be asking the Wizard for some Tums. But regardless, The opportunity is here. It is now . And in the end we will … (10 comments)
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big canoe homes: Mountain Real Estate
- 12/03/08 05:08 AM
There are a lot of mixed messages in the media today. The big DUH is that we have been in a recession for a year. Tell me something I didn't know!!! One of the other messages is prices of homes are declining. A third, since I said mixed messages, is that interest rates are falling.
Lets look at Mountain property and declining prices. It is true that in the mountain counties prices have dropped about 10 percent for homes in 2008. But this number is VERY misleading. First off you have different groups of buyers. You have folks who live in … (3 comments)
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big canoe homes: Outside Blog Contest
- 11/03/08 11:16 PM
After the sun came up this is what the day revealed. This is living in the North Georgia Mountains. You might think you need a lot of money ,but you would be wrong. Homes with views like this can be purchased for less than 250,000. Lots and land sometimes as low as 30,000 for big views. So we saw the sun rise i my last blog. It alluded to what might be. With the light we see what is. Whether you are looking for your self or your clients the North Georgia mountains provide affordable beauty. If you are … (10 comments)
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big canoe homes: Sun Rise
- 11/02/08 11:31 PM
It is sunrise in the Mountains and a new week. The outlines of things are still dark. But the day promises to be a full one. Later today as the light develops we will see what this Autumn day brings. All things we do start with the band of light . As we explore and pursue the light shows us the path we are too take and what awaits us. So we begin the day with shadows and faith that things will reveal themselves.
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big canoe homes: Now is a great time to buy. But what if you own a home ?
- 10/20/08 07:11 AM
With out a doubt this is one of the best buyers markets ever. The next time it may come around is,... who knows. The last buyers Market was in 1987. So it was 21 years ago. But what if you are selling a home and thinking about buying up? Is it a good move? Let's examine the details.
You may be wanting to move up for more room, more land, a better location to a job, better schools or a ton of reasons. So let's for the sake of the discussion say you are in a home today that is worth … (2 comments)
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big canoe homes: The good news
- 10/17/08 04:07 AM
Yesterday I attended a meeting of my local board of Realtors. The speakers were bankers and they confirmed a lot of what I knew, hoped, to be true. There is money out there.
FHA is alive and well. For those of us in rural areas there is USDA (100 percent financing) . There is VA as well. Conventional loans can be had at 10 percent. So what is the problem?
The problem is consumers are shopping on line a lot for loans. They are not working with companies that have track records in their area. They are avoiding local banks. In … (8 comments)
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big canoe homes: Mountain Living Big Canoe Style
- 10/13/08 04:57 AM
A lot of folks when they think of gated communities have a very different impression than the photo above. While I do not have the "National Geographic" Wild life camera I was able to take this photo from my front porch. You could hear the clucking sounds and see the Turkeys walk through the area.
Living in the mountains is wonderful. It does not need to be remote. Let the pros at All Mountain Realty show you how you can be in areas like this and still have an active adult life style. It is the best of both worlds
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big canoe homes: Big Canoe Octoberfest
- 10/11/08 11:36 AM
I am just now coming in from a great Octoberfest in Big Canoe. Plenty of good food. Plenty of good beer. And plenty of music and vendors. The best part is it was all free. So you could walk around and see your friends and neighbors for nothing. Many remarked that despite the economy folks seem to have their wallets out for beer and brats.
Big Canoe is one of the premier communities in the mountains. Thinking about the mountains? let the pros at All Mountain Realty be your choice.
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big canoe homes: Real Estate Stats for a couple of Mountain Counties, Pickens and Dawson
- 10/10/08 01:18 AM
Pickens and Dawson counties are at the Southern edge of the mountains. For Pickens county
2007 sales 2008 sales price 2007 price 2008
688 sold 290 (YTD) 166,5000 150,000
Dawson County
473 268 (YTD) 185,000 177,000'
These numbers come from our MLS so they will be a little short on actual sales. However the proportions and the trends remain constant.
What this tell us is that sales will be down this year. Even factoring in the last 4 month we in Pickens will be … (1 comments)
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big canoe homes: Federal Reserve Cuts Rates
- 10/08/08 12:30 AM
The Federal Reserve in a surprise move cut interest rates by 1/2 a point. This leaves the Fed Funds rate at 1 and 1/2 percent. What this means is that borrowing money should get cheaper. The bailout has made it easier. Lets talk economics.
In the housing market there is the notion that NOW is a great time to buy. Even in the media I am hearing it. Rates may drop some for loans. Our market may start to pick up. We are starting to see activity grow. But all is not great.
In the financial markets the news is not … (5 comments)
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big canoe homes: Confused over the bail out
- 10/07/08 12:29 AM
Recent events have left some folks confused over the bail out. They thought , hey of we pas this bill things will get better. So why is the market down and doom and gloom economic number coming from every where ?
The politicians did a good job with this bill in the end. The first time it died. In the end they said it was good for main Street. By extension you thought that is you and me. But the bill was really meant to solve a crisis in the capital markets. I do not work in those markets . Most … (5 comments)
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No matter how tough it gets sometimes looking out my back window and seeing these clouds cheers me up. In a way the clouds are the mountains breathing much in the same way you would see your breath on a cold day. The mountains themselves live and breathe through storms and sunshine. Hope you enjoy the photo.
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