Real estate blog entries tagged with housing market by Kathryn Gorham, Emerald Isle NC Crystal Coast (Green Key Realty)

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housing market: Emerald Isle NC market Report - 01/13/12 04:56 AM

Emerald Isle, NC Market Report for December 27, 2011 to January 3, 2012
Homes sold in Emerald Isle, NC during the week of December 27, 2011 to January 3, 2012 shows that two properties were put under contract to be sold during that week in Emerald Isle, NC. Also homes sold show that 4 properties were sold and closed in Emerald Isle, NC that week. Homes recently sold and closed in Emerald Isle shows that one of the properties was located in Royall Oaks subdivision, one properties was located in Emerald Isle By The Sea, and another was located in Lands … (0 comments)

housing market: Emerald Isle NC Market Report for December 25, 2011 to December 31, 2011 - 01/05/12 05:26 AM

Emerald Isle, NC Market Report for December 25, 2011 to December 31, 2011
Homes sold in Emerald Isle, NC shows that three homes were sold and closed in Emerald Isle, NC during the week of December 25, 2011 to December 31, 2011. Home recently sold shows that one of the properties that was sold during this week in Emerald Isle, NC was located in Emerald Isle By the Sea subdivision. The second property in Emerald Isle what was sold was located in Columbus Square. The third home sold in Emerald Isle, NC was located in Land's End subdivision in Emerald Isle, … (0 comments)

housing market: The Crystal Coast First Night!! - 12/29/11 04:50 AM

The Crystal Coast First Night If you are in the Emerald Isle, NC area during the New Year's Eve weekend, there are some exciting new events happening!! The Crystal Coast First Night is a joint New Year's Eve celebration of Atlantic Beach, Beaufort, and Morehead City, NC. All three towns are located closely to Emerald Isle, NC and are hosting events during the New Year's Eve weekend. These events will be topped off by the 1st annual Crab Pot Drop in downtown Morehead City, only a short drive from beautiful Emerald Isle, NC, to bring in the New Year. So … (1 comments)

housing market: Emerald Isle NC Market Report for December 18, 2011 to December 24, 2011 - 12/28/11 05:11 AM

Emerald Isle, NC Market Report for December 18, 2011 to December 24, 2011
Homes sold in Emerald Isle, NC during the week of December 18, 2011 to December 24, 2011 show that two homes were sold and closed in Emerald Isle, NC that week. Also homes sold show that one home was put under contract to be sold in Emerald Isle, NC during that week. Of the two homes that were closed in Emerald Isle, NC, one was located in Sound of the Sea subdivision in Emerald Isle, NC. The other property that was sold was located in Surf Side subdivision … (0 comments)

housing market: Emerald Isle NC Market Report for November 27, 2011 to December 3, 2011 - 12/06/11 06:04 AM

Emerald Isle, NC Market Report for November 27, 2011 to December 3, 2011
Homes sold in Emerald Isle, NC shows that four homes were closed and sold during the week of November 27, 2011 to December 3, 2011 in Emerald Isle, NC. Also homes sold in Emerald Isle, NC shows that two other properties were put under contract to be sold in Emerald Isle, NC. Of the homes sold and closed in Emerald Isle, NC, one is located in Lands End subdivision, another was located in Surf Landing Cove subdivision in Emerald Isle, NC. The third property that was sold and closed … (0 comments)

housing market: Emerald Isle NC Market Report for November 20, 2011 to November 26, 2011 - 11/29/11 04:24 AM

Emerald Isle, NC Market Report for November 20, 2011 to November 26, 2011
Homes sold in Emerald Isle, NC shows that three homes were put under contract to be sold in Emerald Isle, NC during the week of November 20 to November 26, 2011. Home recently sold shows that of the three homes put under contract to be sold in Emerald Isle NC during that week, one was located in Archers Point subdivision in Emerald Isle NC. The second home put under contract to be sold is located in Pelican Point Subdivision in Emerald Isle NC. The last home put under … (0 comments)

housing market: Emerald Isle NC Creative Scrapbooking Workshop - 11/16/11 03:02 AM

November 19, 2011 10am - 1pm Creative Memories Scrapbooking Workshops
On November 19, 2011 in Emerald Isle, NC the Creative Memories Scrapbooking Workshops with Linda Phelps will take place. This event is located at Emerald Isle, NC Parks and Recreation. Emerald Isle Parks and Recreation is located at 7500 Emerald Drive, Emerald Isle NC. Pre-registration is required, ages 12 and up. Fee is $5 with additional packages available. Use of tools and snack included. Fees payable at workshop. So if you are in the Emerald Isle, NC area on November 19, 2011 you should check out the Emerald Isle … (0 comments)

housing market: Emerald Isle NC Market Report for November 6, 2011 to November 12, 2011 - 11/15/11 04:32 AM

Emerald Isle, NC Market Report for November 6, 2011 to November 12, 2011
Homes sold in Emerald Isle, NC shows that one home was sold and closed in Emerald Isle, NC during the week of November 6 to November 12, 2011. Homes recently sold shows that the property that was sold and closed in Emerald Isle, NC was located in Marsh Cove subdivision. Also homes sold in Emerald Isle, NC shows that three homes were put under contract to be sold during this week in Emerald Isle, NC. Of the homes put under contract to be sold one was located in … (0 comments)

housing market: Emerald Isle NC Market Report - October 30, 2011 to November 5, 2011 - 11/07/11 03:41 AM

Homes recently sold in Emerald Isle, NC shows that two homes were put under contract to be sold during the week of October 30, 2011 to November 5, 2011. Of the two homes sold in Emerald Isle, NC, one was located in Emerald Plantation in Emerald Isle, NC. Homes recently sold shows that the other property put under contract to be sold in Emerald Isle was located in Surf Side Subdivision.
Kathryn Gorham | Sun-Surf Realty | Emerald Isle North Carolina www.KathrynGorham.com 2010 President Women's Council of REALTORS® Crystal Coast Chapter 2010 Carteret County REALTOR® of the Year 252.646.4656 cell · … (0 comments)

housing market: Friday Free Flicks in Emerald Isle! - 11/03/11 04:31 AM

November 11, 2011 7:00pm Friday Free Flicks
On November 11, 2011 at 7 pm Emerald Isle, NC Parks and Recreation will be hosting "Friday Free Flicks". The movie of the night will be "Cars 2". For this event in Emerald Isle, NC the admission is FREE! Emerald Isle, NC Parks and Recreation is located at 7500 Emerald Drive in Emerald Isle, NC. All children must be accompanied by an adult. $1 = popcorn and a drink. No outside food or beverage permitted. So if you are around the Emerald Isle, NC area and want to enjoy a good night with the … (0 comments)

housing market: Emerald Isle NC Market Report - October 23, 2011 to October 29, 2011 - 11/02/11 05:58 AM

Emerald Isle, NC Market Report for October 23, 2011 to October 29, 2011
Homes sold in Emerald Isle, NC shows that four properties were sold and closed during the week of October 23, 2011 to October 29, 2011. Homes for sale shows that during that same week in Emerald Isle, NC 3 homes were put under contract to be sold. Of the homes sold and closed in Emerald Isle NC one was located in Quail Ridge and the other three homes recently sold were located in Emerald Isle, NC general city limits. Homes for sale shows that the three homes that … (0 comments)

housing market: Improving Factors for Higher Home Sales - 10/27/11 07:51 AM

Improving Factors for Higher Home Sales
According to Lawrence Yun, Chief Economist for the National Association of Realtors there are signs of improving factors for higher home sales. Right now they are not yet translating into more home sales, but they are creating an environment that has the potential of spawning higher home sales. Rising rents may be the key for many renters to enter the market. As rents rise and home prices and interest rates remain low the cost to own vs rent becomes more and more attractive. See my other blog posts with Lawrence Yun videos from … (0 comments)

housing market: Unemployment claims as a bell weather factor in recovery - 10/27/11 05:38 AM

Unemployment Claims as a bell weather factor in recovery.
Watch the unemployment claims as a bellwether factor in recovery every Thursday. When it goes under 400,000 it's a signal of recovery. See my other blog posts with Lawrence Yun videos from the North Carolina Real Estate Convention at the Greenbrier 2011
New home sales at a 40 year low!
Home equity is essential to the economic recovery of our nation because...
Real Estate Outlook for 2011 and 2012
Recent home buyers are successful!
Mortgage Interest Deduction was not the source of the bubble! How do I know?
Job Recovery. … (0 comments)

housing market: How to increase home sales by 20% right now! - 10/27/11 04:56 AM

How to increase home sales by 20% right now! Stringent loan requirements are depressing home sales. According to Lawrence Yun, Chief Economist for NAR, under normal conditions Freddie & Fannie credit score requirements were 720. Under today's stringent environment they are 762 and 758. If the credit score was taken back to the "normal" level of 720 that would translate into a 15% - 20% higher home sales. See my other blog posts with Lawrence Yun videos from the North Carolina Real Estate Convention at the Greenbrier 2011
New home sales at a 40 year low!
Home equity … (0 comments)

housing market: The moral of the story is... - 10/24/11 02:56 AM

The moral of the story is ...
The moral of the story is ... stay in your budget! Chief Economist, Lawrence Yun, recently spoke to the North Carolina Association of Realtors at The Greenbriar. One of his very astute points was low and no down payment loans did NOT cause the loan crisis. It is not about down payment it is about staying within your budget. After WW-II millions of no down payment loans were made to veterans and we did not have a mortgage crisis.
See my other blog posts with Lawrence Yun videos from the North … (4 comments)

housing market: Smart money is always one step ahead and they are... - 10/19/11 04:54 AM

Smart money is always one step ahead and they are…
Smart money is always one step ahead and they are entering the Real Estate Market. Follow the money.
How do we know this? According to Lawrence Yun, Chief Economist for NAR, 35% of all of today's sales are cash. That is an unprecedented high for cash buyers.
Real estate is a hedge against the inflation that is expected with the printing of more money.
See my other blog posts with Lawrence Yun videos from the North Carolina Real Estate Convention at the Greenbrier 2011
New home sales at a 40 … (0 comments)

housing market: Speaking of interest rates? How low can you go? - 10/18/11 05:57 AM

Speaking of interest rates? How low can you go?
Recently Lawrence Yun, Chief Economist for NAR, spoke to the North Carolina Association of Realtors at The Greenbrier in WV about interest rate. How low can you go? Today the Fed Funds rate is at zero. How low can you go below zero? You can't so the government is trying "quantitative easing." What is that? Watch the video below.
See my other blog posts with Lawrence Yun videos from the North Carolina Real Estate Convention at the Greenbrier 2011
New home sales at a 40 year low!
Home equity is essential … (0 comments)

housing market: Emerald Isle NC Market Report - October 9, 2011 to October 15, 2011 - 10/17/11 05:42 AM

Emerald Isle NC Market Report - October 9,2011 to October 15, 2011
Homes sold in Emerald Isle NC shows that three homes were put under contract to be sold during the week of October 9th to October 15, 2011. Of the three properties that were put under contract to be sold this week in Emerald Isle NC, two of the properties were located in Emerald Isle NC general city limits. The other property was located in Lands End in Emerald Isle NC.

Kathryn Gorham | Sun-Surf Realty | Emerald Isle North Carolina www.KathrynGorham.com 2010 President Women's Council of REALTORS® … (0 comments)

housing market: Job recovery. What is it's impact on economic and housing recovery? - 10/10/11 05:47 AM

Job recovery. What is it's impact on economic and housing recovery? North Dakota and Texas both on the upswing in the job and economic recovery. Michigan has been in a 10 year decline with no foreseeable recovery. The south in general is recovering more quickly because they are more business friendly.
North Carolina usually tracks with Texas, but so far this hasn't happened. Long term for North Carolina this is just a bump on the road. The Raleigh triangle area will grow so fast in the next 10 to 15 years they will likely attract another NFL franchise.
See my … (0 comments)

housing market: Mortgage Interest Deduction was not the source of the bubble! How do I know? - 10/07/11 06:47 AM

Mortgage Interest Deduction was not the source of the bubble! How do I know? September 11, 2011 Lawrence Yun addressed the North Carolina Realtors at The Greenbriar in WV saying that congress has a super committee studying the Mortgage Interest Deduction and their findings will be out around Thanksgiving.
He goes on to say, "mortgage interest deduction"was not the source of the housing market bubble. How do I know that? Well it's been in place for a 100 years. How can you say that something that has been in place for 100 years has caused a bubble in only the recent … (2 comments)

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