Wilkesboro NC Blog - All Wilkes County Real Estate, Carolina Realty,Inc. - Shakti Rodriguez-Realtor

Wilkes County, NC Real Estate Blog

Don't be fooled!!! Now IS an excellent time to buy a home/property

January 21st, 2008 2:34 PM

Don't be fooled by the publicity of the housing market. It is true that the industry has changed, but what doesn't? And, as they say, what goes up must come down. And then again, if we are down, the only way to go is up. Therefore, now is a great time to buy that property and be able to be more aggressive with the sellers. Because let's face it, buyers are scarce, and qualified buyers are almost obsolete, which means if you are qualified, this out's you in the drivers seat. See the article below and know that buyers are coming out to buy the homes they've been waiting for.. and why not, with the interest rates as low as they are, it is as good as time as any.

Mortgage applications up 28%

Mortgage Bankers Association says the number of people filing applications rose sharply last week; seasonal volatility and falling interest rates both factors.

January 16 2008: 8:12 AM EST

mortgage.03.jpg

WASHINGTON (AP) -- Mortgage application volume skyrocketed for the second consecutive week, rising 28.4 percent during the week ending Jan. 11, according to the Mortgage Bankers Association's weekly application survey.

The MBA's application index rose to 906.4 from 706 the previous week, which was shortened due to the New Year's holiday. Mortgage volume slows during the winter, which can lead to greater volatility. Application volume jumped 39 percent during the same week a year ago.

Refinance volume rose 43.4 percent, while purchase volume jumped 11.4 percent. Refinance volume accounted for 62.7 percent of total application volume, compared with 57.7 percent the previous week.

The index peaked at 1,856.7 during the week ending May 30, 2003, at the height of the housing boom.

...

Applications rose as interest rates continued to fall. The average interest rate for traditional, 30-year fixed-rate mortgages fell to 5.62 percent from 5.73 percent. The average interest rate for 15-year fixed-rate mortgages -- which are typically used to refinance loans -- fell to 5.07 percent from 5.21 percent.

Rates for one-year adjustable-rate mortgages fell to 5.77 percent from 6.04 percent. To See Full article, click HERE.

Posted by Shakti Rodriguez on January 21st, 2008 2:34 PMPost a Comment (0)

Just Listed! 10346 Austin Traphill Road Traphill, NC 28685

January 30th, 2008 9:12 AM

$379,900.00
10346 Austin Traphill Road

Traphill, NC 28685

Beds: 3.0	Rooms: 3
Baths: 1.00	Sq. Ft.: 1056.00
Garage: 2.0	Built: 2001

This gorgeous log home is custom built with over 9 AC of level land, cleared & fenced pasture for horses, 6 stall barn w/hay loft, 36'x36' equip shed, and a creek! Custom hand built walnut kitchen and bath cabinets, Pella windows, red oak HW floors throughout, pine walls, rock fireplace and vaulted ceiling makes this home so warm and welcoming and you can just feel the love! 1250' creek frontage!

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

If you have any questions
about this property or
require more information,
please feel free to call.

Shakti Rodriguez
Carolina Realty,Inc. - Shakti Rodriguez-Realtor
3362624077
www.investinnorthcarolina.net

Visit this listing at Here

Posted by Shakti Rodriguez on January 30th, 2008 9:12 AMPost a Comment (0)

Our First Snowfall In 2008

January 21st, 2008 11:16 AM

Wow, what a beautiful last few days we (my family and I) have had here in the Foothills. It was a cold and gloomy day on Thursday as the inches of snow fell across most of the North Carolina mountains. But come the day break of the day after, it was like awakening to a winter wonderland. The skies were clear, the ground was white, the trees were glistening... What a sight for sore eyes!

It was the perfect day to play "hookie", but fortunately there was much work to be done and many clients to help! But after all was said and done, there was still time during daylight hours to build a figure which someone resembled a snowman LOL!!! These are skills I am still learning, remember, where I came from we built sand castles on the beach.

The weekend was our friend, as we had snowball fights both Saturday and yesterday, Sunday. It still amazes me that I can actually experience the full 4 seasons mother nature is in charge of. And although we only have about no more than 2 months of Winter, I am sure we will all make the best of it.

For all you who want to experience such pleasure, Welcome to Wilkes: Nestled within the picturesque setting of the Blue Ridge Mountains, Wilkes County offers a delightful adventure for both the young and the young at heart. Located just 80 miles from Charlotte, 45 miles from Winston-Salem, 45 miles from Hickory, and 35 minutes from Boone, Wilkes County remains an ideal location for those looking to escape the fast paced world of city living, while remaining close enough to commute for a night out on the town. Wilkes County offers the best of both worlds, presented with the flair of true southern hospitality. See photos of Wilkes County, by clicking HERE.

And please visit my other blog, by clicking HERE.

Posted by Shakti Rodriguez on January 21st, 2008 11:16 AMPost a Comment (0)

Just Listed! 1920's bungalow in the heart of Downtown Wilkesboro

January 19th, 2008 2:33 PM

$159,000.00
809 E Street

North Wilkesboro, NC 28659

Beds: 4.0	Rooms: 4
Baths: 3.00	Sq. Ft.: 2190.00
Garage: 1.0	Built: 1924

For you historic home buffs, here is a lovely 1920's bungalow with it's original hardwood floors almost intact. Lovely home with very high ceiliengs on main floor, large eat-in kitchen, and separate living and formal dining rooms. Location: Downtown North Wilkesboro. Master on main level and walking distance to may restaurant, shops, library and more.

Visit this listing at Here

Posted by Shakti Rodriguez on January 19th, 2008 2:33 PMPost a Comment (0)

North Carolina Has the Most Folks Moving In...

January 11th, 2008 4:09 PM

NC Has Most Folks Moving In, Michigan Has Most Moving Out
03:00 am, January 11, 2008

A study by United Van Lines says Americans are still moving to North Carolina at a higher rate than any other state in the country. The nation's largest mover of household goods has been tracking moves since 1977. United spokeswoman Maya Lunnermann said the study reviewed nearly 213,000 household moves handled by the company last year. North Carolina had the highest inbound moving rate for the second straight year. Nevada was second, followed by the District of Columbia, Oregon and Alabama. Rust belt states are the biggest population losers.

It's no wonder... the state is a true delight. Yes, we have a state income tax, but we also have industry, prosperity, beaches, mountains and so much more. I am one of the ones who "moved in" and I am proud to say, I love it more and more each day! There is so much to do and so many opportunities for all, not to mention the great education with an abundance of top rated colleges and universities. I think I'll be staying for a while, and I hope you join me too.

Posted by Shakti Rodriguez on January 11th, 2008 4:09 PMPost a Comment (0)