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  • CASH buyers driving down home prices

    A December survey by Campbell Inside Mortgage Finance found that cash buyers are driving down home prices, with investors accounting for one out of three transactions last month. Nearly three-quarters of investor home purchases for the month were all-cash transactions. The poll also determined that cash buyers were able to make purchases at much ...
    Posted to Shirlee Grabko (Weblog) by 513320 on January 30, 2012
  • LOW RATES to continue

    The Federal Reserve announced that it intends to keep rates at their record lows at least through the end of 2014 and that their targeted inflation rate is to be 2%. The Fed announced its intention to be more transparent in communicating the direction of its rate guidance and the factors that it uses to measure the economy's performance. The ...
    Posted to Shirlee Grabko (Weblog) by 513320 on January 30, 2012
  • 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 levels did go down for a short period.  We are now about 10 feet below the ...
    Posted to Shirlee Grabko (Weblog) by 513320 on April 15, 2010
  • 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 as get an idea of which trees would need to be cut to open up that ...
    Posted to Shirlee Grabko (Weblog) by 513320 on December 16, 2009
  • 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 Jones developed Hickory Point (also seen spelled as Hickory Pointe) off route 170 in ...
    Posted to Shirlee Grabko (Weblog) by 513320 on July 29, 2009
  • Perfect day on Norris Lake

    With a blue sky, bright sun and temps up in the mid 70's it was a terrific day to be on Norris Lake.  Not that I actually got ON the lake...nope.  I started the day by being productive....fertilizing the flower beds and pulling weeds.  But the wind was blowing gently, the dogwoods and redbuds are in full bloom and the lake ...
    Posted to Shirlee Grabko (Weblog) by 513320 on April 18, 2009