Silver Creek’s custom MLS search is launched

Posted by Jochen | Posted in Silver Creek Real Estate Group | Posted on Friday, January 9, 2009

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Are you looking for a home, townhome, condo, or land in Cashiers, Sapphire, Highlands? Our new, easy to use custom MLS search software — My Property Manager — can help you find the right property quickly. You can save and edit your favorite searches and receive automatic updates via email when a new matching property becomes available. Whether you are looking for a waterfront home on Lake Glenville or Lake Toxaway, a country club home at Cullasaja Club, Wildcat Cliffs, or Highlands Cove, or a mountaintop getaway with long range views, our new MLS search can help. My Property Manager is just one of the personalized services we offer at Silver Creek Real Estate Group to help you find the perfect property. Start your own searches today through our website at www.ncliving.com. Should you have any questions please feel free to email Jochen Lucke at jlucke@ncliving.com.

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Foreclosures in Cashiers and Highlands

Posted by Jochen | Posted in Bank Owned Properties, Real Estate News | Posted on Friday, January 9, 2009

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Even with the residential real estate market being fairly stable in our area, we are not immune to foreclosures. These properties are few in number and represent a good price entry point. In some cases we receive the information from the banks before the properties are available to the general market, which gives our clients a competitive advantage. If you are interested in receiving information on these properties, please email Jochen Lucke at jlucke@ncliving.com or call 828-743-1999.

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Wade Hampton Golf Club finishes year strong

Posted by Jochen | Posted in Real Estate News | Posted on Thursday, January 8, 2009

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Wade Hampton Golf Club remains one of the most prestigious golf communities in Cashiers. The course designed by Tom Fazio is rated as one of top courses in the country. Three homes closed in November and December of 2008 according to the MLS data. The prices ranged from $975,000 to $2,800,000. The average price per square foot for 2008 was $491 compared to $508 in 2007, a very modest decline in light of the current market.  There are currently only 5 homes on the market in Wade and one is pending. For additional information please contact Jochen Lucke at 828-743-1999 or email me at jlucke@ncliving.com.

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Opportunity at Trillium – A private golf & lake community

Posted by Jochen | Posted in Bank Owned Properties, Real Estate News | Posted on Thursday, January 8, 2009

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I just previewed three homes overlooking the golf course that are owned by banks. These properties represent a substantial savings to a buyer. The homes feature 3 bedrooms and 3.5 baths on two levels. A membership at Trillium allows you, your family and friends to enjoy amenities such as the clubhouse, 18 hole golf course, hiking and biking trails, tennis courts, a fitness facility, and the Landings restaurant overlooking Lake Glenville.

If you are looking for value, these homes are worth your consideration. For additional information please contact Jochen Lucke at 828-743-1999 or email me at jlucke@ncliving.com.

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Cullasaja Club sales in 2008

Posted by Jochen | Posted in Real Estate News | Posted on Wednesday, January 7, 2009

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Cullasaja Club continues to be one of the premier country club communities in the Cashiers/Highlands area. According to the MLS, 11 homes sold in Cullasaja Club in 2008. With over $12.6 million in sales, it shows that people continue to see value in real estate in Western North Carolina.

If you are interest in learning more about this great community, please contact Jochen Lucke at jlucke@ncliving.com or call me at 828-743-1999.

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Cashiers and Highlands real estate sales review of 2008

Posted by Jochen | Posted in Real Estate News | Posted on Wednesday, January 7, 2009

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In these uncertain economic times, the media continues to supply us with seemingly endless amounts of bad news. Often included are frightening statistics on real estate sales and home values.

In Western North Carolina and specifically, in the greater Cashiers area, which includes Highlands, Lake Glenville, Sapphire Valley, and Lake Toxaway, home values have fared much better than in other parts of the country. Many analysts look at values and sales by state or nationwide, but for an accurate and useful assessment, it should be studied on a much more localized level.

As an example, let’s look at the Cashiers market. In 2008, 128 homes sold in southern Jackson county. This is down from 189 sales in 2007. At first glance, this appears to represent a significant decline. However, the average sales price in 2008 was $728,813, compared to $745,463 in 2007. This is a decrease of just 2.2%, a very modest amount by most standards. And in the current economy, it is good news from an investor’s standpoint — basically, although the number of properties sold went down, values held steady. The Cashiers area has not experienced the volatility seen in other markets.

As we continue to study the 2008 numbers, we’ll make additional entries, so keep checking back with us on the blog and share your thoughts. Also, feel free to call Jochen Lucke at (828) 743-1999 or email me at jlucke@ncliving.com.

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