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Warren Buffett Says He’d Buy a Couple Hundred Thousand Homes
Warren Buffett, CEO of Berkshire Hathaway, said on CNBC’s “Squawk Box” that buying single-family homes is such a great investment right now, if it were practical, he’d buy a couple hundred thousand of them. Given how low rates Read More...
Increased sales on Norris Lake
Is it the warm winter? The low mortgage rates? The beautiful weather? We don't know for sure - but real estate agents are scrambling to keep up with the demand. Buyers report that they can purchase a lakefront or lakeview home now for less than it Read More...
Rates still at record lows
The average rate for 30-year fixed mortgages remained at its all-time low of 3.87 percent for the week ended Feb. 16 and now has held steady at that level since the first week of the month, says Freddie Mac. The 15-year fixed mortgage also was unchanged, Read More...
Single Story For Sale in Sharps Chapel
• 1,056 sq. ft., 2 bath, 3 bdrm single story - MLS® $79,900 - Near 2 marinas Sharps Chapel, Union County - PRICED LOW FOR QUICK SALE. Site-built, 8-year old ranch home at end of cul-de-sac on one-lane county road - perfect 1st home, retirement Read More...
Rates Continue to Fall
Freddie Mac reports that the 30-year fixed mortgage rate fell to a new low this past week, averaging 3.88 percent , which is down a notch from 3.89 percent a week earlier! The benchmark rate has been below 4 percent for seven straight weeks. Meanwhile, Read More...
Home Builders More Confident
Builder confidence in the market for newly built, single-family homes continued to climb for a fourth consecutive month in January , rising four points to 25 on the NAHB/Wells Fargo Housing Market Index (HMI), released today. This is the highest level Read More...
Lake Levels in Norris Lake Are Rising
During most of the winter, Norris Lake levels were above the typical winter pool levels of 995 feet above sea level. This was primarily because of the heavy fall rains here and parts north of us. But towards the end of winter and just before spring, the Read More...
Early Morning Drama Over Norris Lake
Slowly waking up with a cup of coffee and Headline News, I was staring out the window when I noticed a raptor of some sort flying over the lake. Thought at first it was a vulture, but the white head and white tipped wings gave it away as one of the Bald Read More...
Helms Ferry
Named for the current and long-standing road commissioner Clayton Helms, the ferry connects two parts of Union County separated by Norris Lake. The story goes that TVA intially gave the county $100,000 to build a bridge back when the lake was formed - Read More...
Earthquakes
As I watch the news of mudslides, wildfires, earthquakes, tusnamis and other natural disasters, I feel blessed that we don't have those challenges in our lives here. While there have been earthquakes in TN, they are few and far between. According Read More...
Winter the best time to look for property!
If you are considering property on or near Norris Lake TN, then I would like to strongly encourage you to come to the lake now! Until the leaves start coming back in the spring, this is the PERFECT time to appreciate the view from any property as well Read More...
Emerald Bay, Vista Shores
Many of the calls and emails I get lately have to do with marketing people have received about great deals on properties in Emerald Bay. Primarily, folks want to know where this community is located and what the back story is. Several years ago, Steve Read More...