TheFrontPorchView.com

• Home
• Featured Properties
• Home Search
• Your Homes Value
• About Me
• Contact Me

March 5th, 2010Categories: Georgia Mountain Market reVIEWS

Fewer homes went under contract in January as the housing market continues to limp through the winter months.

According to the National Association of Realtors®, the Pending Home Sales Index fell to its lowest level in 3 quarters this January. By contrast, in October 2009, the index had touched a 3-year high.

The Pending Home Sales Index measures the number of homes that have gone under contract to sell, but have yet to close nationwide. It’s compiled using data from more than 100 regional listing services and 60-plus brokerages  — the sample set encompasses 20 percent of all home resales in a given month.

Economists have come to rely on the Pending Home Sales Index because of its high correlation to actual home sales. 80% of all home marked “pending” close within 60 days. Many of the rest close within 120.

Therefore, when we see Pending Home Sales show weakness like it did in January, we can infer that home resales will remain weak through the spring.

But will they really?

1. Fewer sales should drag down home prices, bringing more buyers into the market
2. Mortgage rates are still very low, but are poised to rise in just a few weeks
3. The home buyer tax credit requires buyers to be in contract by April 30, 2010

In other words, there’s a confluence of factors that could lead to a rush of sales in Blue Ridge and Blairsville and around the North Georgia Mountains over the next two months, reversing the housing market’s recent momentum.

Tags: Blairsville Georgia, Blue Ridge Ga, Homebuyer Tax Credit, National Association of Realtors, North Georgia Mountains, Pending Home Sales, Pending Home Sales Index, Real Estate

Written by Chad Lariscy//Discussion: Please leave a comment.

Subscribe to Blog Contact Me Search for Homes Daily List Alert

October 31st, 2009Categories: Georgia Mountain Real Estate VIEWS

Hope everyone has a very Happy and Safe Halloween. Remember, if you are in the North Georgia Mountains, we have the Halloween Safe Zone in Blue Ridge, GA. and Halloween On The Square in Blairsville, GA. These are really great events for Halloween here in our North Georgia Mountains.

Trick Or Treat!

Tags: Blairsville, Blue Ridge, Blue Ridge Ga, Halloween, Halloween On The Square, Halloween Safe Zone, mountains, North Georgia

Written by Chad Lariscy//Discussion: Please leave a comment.

Subscribe to Blog Contact Me Search for Homes Daily List Alert

July 2nd, 2009Categories: Georgia Mountain Got-To-Do reVIEWS

Fireworks Celebration at Lake Blue Ridge

When: Saturday July 4th, 2009 4:00 P.M. til Dusk – Fireworks Begin!

Where: Lake Blue Ridge Marina

Honestly, this is one of the Best Fireworks Shows in all of North Georgia! Beautiful setting just off of the shores of Lake Blue Ridge , with hundreds and hundreds of boats floating close by, it is a spectacular sight to see. If you are in Blue Ridge, you do not want to miss it!

515 east to Windy Ridge Road (Conoco station & Kentucky Fried Chicken) go to flashing red light turn left, follow Old Hwy 76 to the Marina
Barbeque and live music from 4:00 p.m. to 6:00 p.m. Fireworks display at dusk.
For more information, call 706-632-2618

Tags: Blue, Blue Ridge Ga, Fireworks, Fourth of July Celebration, Lake Blue Ridge, Marina

Written by Chad Lariscy//Discussion: 1 Comment »

Subscribe to Blog Contact Me Search for Homes Daily List Alert

May 19th, 2009Categories: Georgia Mountain Got-To-Do reVIEWS

Arts In The Park

Presented by the Blue Ridge Mountain Arts Association

Blue Ridge, Georgia

Memorial Day Weekend

May 23rd – May 24th

10:00 A.M. to 5:00 P.M.

$3.00 Admission and Children under 12 are Free

Bring your family and friends to the 33rd Annual Arts in the Park Festival. Located in beautiful Blue Ridge, Georgia , at the foothills of the Appalachian Mountains, this event draws about 15,000 people each Memorial Day weekend. The festival features more than 150 Fine Arts, Crafts, and Food booths and this year some special events and activities to celebrate our 33rd anniversary.

Make this a great Memorial Day weekend by sharing it with us here in the North Georgia Mountains. Come spend a few days and see our picturesque Lake Blue Ridge, hike part of the Appalachian Trail or take a ride on the Blue Ridge Scenic Railway . Come visit us – you’ll be glad that you did!

Tags: Arts, Arts in The Park, Blue Ridge Ga, Crafts, Festival, Food, North Georgia Mountains

Written by Chad Lariscy//Discussion: Please leave a comment.

Subscribe to Blog Contact Me Search for Homes Daily List Alert