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The retail price of gasoline is rising nationwide, now up 30 percent since the New Year.
It’s a similar run-up to what we’ve seen for retail gas prices in each of the last 5 Spring Seasons.
For people trying to time the mortgage markets bottom, clues about the future of mortgage rates may be at the local gas station.
Rising gas prices are indicative of the rising cost of energy and, indeed, crude oil is closing in on its 2009 high point. As these energy costs grow, so do inflationary pressures on the U.S. economy.
Inflation, of course, is awful for mortgage rates. When it’s present, mortgage markets deteriorate and rates tend to rise — often sharply and with little advance warning.
So, for today’s home buyers-in-process and would-be refinancers, prices at the pump may fore shadow bad news for the future of housing affordability. Even a modest, quarter-percent increase would have a palpable effect on payments, adding $372 in annual costs to a $200,000 home loan.
Since last week, gas prices are already up by 10 cents per gallon.
Here in the North Georgia Mountains, this unfortunately has a huge impact on the number of Home Buyer’s we have coming to the area. Since we are primarily a destination point and a Second Home Real Estate Market, when Gas Prices Rise I suppose folks are not as quick to jump in the car for a nice get-a-way to the Mountains. All we have to do is get you here, these North Georgia Mountains do all the selling for us!
If these Gas Prices don’t rise too much and you find yourself on I-75 heading North, please drop in and see me here at Blairsville Realty when you get into town. If you are just needing some information on the area, or you want to know a great place to eat, or just want to chat, I would be glad to assist you with any need you may have. We usually are solving the world’s problems in the foyer of the office anyway, so you might as well drop in and give us your two cents!
Make it a GREAT day!
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It's A Buyers Market!! |
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Frequently Asked Questions: " I Have Answers" 3) Purchasing and Owning A Home (See Options Below)
Find tips to help you hunt for the right house in the right neighborhood, make an offer and close on a home. Also learn how to protect the value of your home, manage the financial responsibility of homeownership, and manage homeownership in the event a disaster strikes.
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If you are looking for Blairsville, GA Real Estate Foreclosures
you have come to the Right Place!
I have Access to Foreclosures in
Blairsville, Blue Ridge, Hiawassee, Young Harris, Morganton, and Suches.
Click here to view properties
The GA Dream NSP Program:
$14,000 Towards Closing Costs and Needed Repairs on ForeClosures Only.
The Georgia Dream NSP Purchase Program was created to encourage the purchase of foreclosed properties. Funds utilized are an allocation of federal dollars received by the Department of Community Affairs from the Housing and Economic Recovery Act of 2008.
The program provides $14,000 to eligible borrowers purchasing foreclosed properties in eligible areas. Funds are disbursed in the form of a second mortgage lien with no interest and no monthly payments. The lien is released over a period of five years and six months. Funds may be used for required repairs and/or down payment assistance.
This program begins April 1, 2009 and all funds must be disbursed by June 30, 2010. For more information go to:
http://www.dca.state.ga.us/housing/homeownership/programs/gadreamnspdownpayment.asp
Eligible Counties:
http://www.dca.state.ga.us/housing/Homeownership/programs/downloads/nsp
Email or Call Me Today and Lets Get Started....
Email: amandabrockrealtor@windstream.net
Cell: 706-897-6636
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Now is The Time To Buy a Home. HOmes in Union County, Blairsville, Ga. UNDER $70,000
I have 3 Great Homes Available Under $70,000. I am an Agent Here in Union County GA. ( Amanda BRock, Realtor with Union Realty COmpany) Cell: 706-897-6636
PLease Call me or Email me today for Pictures and Additional information on these Properties. There are great new loans out that may finance you 102%. Call Today and Lets Get you in a Home.
1. MLS# 183882- $54,900 3 Bedroom/ 1 Bath Site Built HOme that is Very Spacious. Close to Town. This is a Foreclosure so It will move Fast. Right Now The State of GA is Offering up to $14,000 as a gift when you purchase a foreclosure that may be used for closing costs or repairs.
2. MLS# 183221 $ 67,000. 3 Bedroom/ 1 Bath Home in a Beautiful Area. You will Not Find a Better Buy. Great Vurb Appeal. Needs some minor Updates. THIS IS a GREAT GREAT BUY. Also a Foreclosure. PLEASE CALL TODAY and Take a look. You Will LOVE IT.
3. MLS# 184909 $68,900. 3 Bedroom/1 Bath Ranch Style Home in Good Condition. Approx. 1062 Square Ft. This home ia alot for the Money and is in good condition. Make an Offer Today.
PLease Feel Free to Visit my website at www.MountainCabinRealtor.com for Lots of Fireclosures at GReat Deeals.
Call me Anytime with Questions at 706-897-6636 or Email me at amandabrockrealtor@windstream.net
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Built in 2003 .76 Acres Offered at $239,900
PEACEFUL, YET CLOSE TO TOWN! You can have it all with this immaculate 2 story home only a few miles from the center of Blairsville. It features 3 Bedrooms and 3 .5 Baths on a full, unfinished basement with tall ceilings should you wish to expand. Great open, light, flowing floor plan with extras like a woodburning fireplace, main floor office with French doors and 2 levels of shady back yard decks. The master bedroom suite has a bath with jetted tub, separate shower, dual vanity and large linen closet. There are many dogwood trees on the property. This is a good value for the money!
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