Wines of the Month

 

Pinotage (The Signature Grape of South Africa)

 

Diemersfontein  2009

 

Sultry, Heady & Tantalizingly Delicious!

 

(Wellington, South Africa.)/$18-$22

 

The Pinotage grape is a cross between the Pinot Noir and the Hermitage (aka Cinsault) grapes – and it was created by a Stellenbosch University Professor of Enology, A. I. Perold, in 1925.  This hallmark expression of Pinotage is characterized by not-so-subtle hints of roasted coffee and dark chocolate…and it has earned so much praise and achieved so much popularity that a number of cognoscenti attribute this highly distinctive version of Pinotage from David Sonnenberg with having saved and lifted Pinotage from longstanding commercial obscurity.  Folks, not all Pinotage will taste like this…or be this amazingly wonderful…so seek this one out and give it a whirl.  Once you do…I’m certain of two things – 1) you too will be singing its praise — and 2) it won’t be your last bottle.  http://www.diemersfontein.co.za/

 

 

 

Petite Sirah   

 

Villa San-Juliette Vineyard & Winery 2009

 

Rich, Intense, Sensuous, & Succulent

 

(Paso Robles, CA)/$9-$12

 

Believe it or not, this amazing winery is the brainchild of Simon Lythgoe (of American Idol and So You Think You Can Dance fame) and his business partner Ken Warwick.  After a few early years of trials and tribulations (all documented in the TV Reality Show Corkscrewed: The Wrath of Grapes), VSJ is now producing a collection of stunning wines…with this luscious Petite Sirah heading up my list of favorites!  Nigel and Ken had the insight and wisdom to simply hire the best.  And that’s exactly what they did in landing “Mr. California Winemaker” himself…the incomparable Adam LaZarre.  Indeed, after a near decade of heading up winemaking at the hugely successful Hahn Estates, Adam has found a new home “and piece of heaven” on the 168 acres that define

 

 

 

Villa San-Juliette. This intensely flavored vintage – that LaZarre affectionately refers to as Blueberry Motor Oil — is 85% Petite Sirah and 15% Cabernet Sauvignon and it was aged for 16 months in a combination of new and neutral French oak.  For the money…around $10 everywhere…it’s literally one of the best varietal wines I’ve had — period!

 

http://www.villasanjuliette.com/

 

 

 

Carménère (Chile’s Signature Grape)

 

Alma de Chile   Private Reserve  2008

 

Deep, Dark and Devilishly Delectable!

 

(Aconcagua Valley, Chile)/$12-$14

 

From vineyards nestled amongst the rich and fertile foothills of the Andes Mountains, this 100% Carménère is a meticulously crafted exemplar of Chile’s Signature grape.  With fruit grown on small family vineyards by descendants of the acclaimed Don Francisco de Rojas winemaking family, this delightfully sultry and spicy rendition was produced in partnership with the Vincente family and Viña San Esteban.  With nine months of attended aging in a 50/50 combination of new French and American oak, the result is an award-winning Carménère that will tickle and tantalize the most refined and demanding of palates!  http://www.almadechile.com/newsite/aboutus.html

 

 

 

Shiraz   (The Signature Grape of Australia — known typically as Syrah in most other countries)

 

hazyblur  Kangaroo Island  2006

 

Luscious, Succulent & Simply Stupendous!

 

(Virginia, South Australia)/$30–$35 — Inspired by the sight of a blurry haze, “hazyblur” Shiraz was born, and suddenly — the world was a better place!  As a boutique winery with limited production, owners and founders, Ross and Robyne Trimboli, specialize in crafting artisanal wines that bear their personal attention…from vine to vessel. This spectacular 100% Shiraz — which was aged for 16 months in an 80% used combination of American and French oak — is no exception…and it serves up “sinfully delicious!”  This one’s a keeper that you might not want to share!

 

 

 

 

 

 

Well a Very Happy NEW Year to all my readers, supporters, clients and friends. It’s been a crazy year with travels to the home of the worlds largest oilsands deposits- Ft McMurray, Alberta. My father was inducted into the local Hockey Hall of Fame with the Ft McMurray Oil Barons as founder of the team. A proud son  I am. I can’t leave out the summer excursion with my wife and two terrific kids up to Torch Lake in Northern Michigan. If you haven’t been there add it to your bucket list. Simply a sensational lake and also ranked as one of the top lakes in the world.

Last but not least was the family event of the year to Disney World. Totally worth it. My kids had the time of their life. My son keeps wanting to back to the “Tower of Terror” he just turned 5.

As for us here at Jeff Dicks Real Estate have a fabulous 2012. We look for to helping you Buy or Sell a home here in the Triangle area of North Carolina. Check out the daily headlines for December 30th/2012

TOP NEWS • Spain to fire opening salvos in austerity drive Spain’s centre-right government will announce billions of euros in savings measures, using its first decrees since sweeping to power at November elections to give the nation a foretaste of tougher austerity to come.

• China’s factories falter, pro-growth policies eyed China’s factory activity shrank again December as demand at home and abroad slackened, a purchasing managers’ survey showed, reinforcing the case for pro-growth policies to underpin the world’s second-largest economy. • Colombia sells state-run power firm for $415 million Canadian-owned BCIF Holding Colombia S.A.S. has won a bid to acquire a Colombian state-owned power company for around $415 million, the country’s finance ministry said on Thursday. • HSH Nordbank sues Ally, JPM over mortgage losses German lender HSH Nordbank has sued several banks, including Ally Financial and JPMorgan Chase, over losses on $130.2 million in mortgage bond investments, according to court documents.

 

Wake County Realtors need to pay attention to the new choice-based student assignment plan and how it may affect a homebuyers decision. The new plan goes into effect in 2012 and does away with automatic assignments to a specific school based on home address. Application’s begin Jan 17th/12 and the second round March 19th/12 for new arrivals, those who forget to apply and whom are not happy with their first assignment.  After April 9th/12 walk-in registration will be taken. Those relocating to the Wake County area of North Carolina should go to the Wake County Public School website for further details about the new plan.

If your relocating to Wake County and searching for Raleigh Real estate, or
Wake Forest Homes. Please contact us at Jeff Dicks Real Estate- Keller Williams

Two weeks until Christmas!  The end of the year is here and of course there is a
lot of talk of what the new year brings.  Here is a quick update of some of the
changes that could come about:

1) Once again the talk about increasing fees for FHA back loans.  If you
remember FHA is require to hold a certain amount in reserves and for the last
few years they have been well short of that amount.  Even though the recent
increase in fees has helped replenish the reserve fund, the forecast for more
defaults and costs has FHA saying they might have to raise the fees again.  The
rumors are that people with lower credit scores will be getting hit with most of
the increase. Borrowers know this could be on the way!! So make a move
now before costs increase even more.

2) After numerous attempts to lower the VA upfront fee, it now has been
restored to their original amounts until 2016.  So no decreases for VA
borrowers.  This program still remains one of the best programs available.

3) Is Fannie and Freddie on their way out?  The Mortgage Finance Act of
2011 if passed would create a new FDIC-like guarantee facility and once it
establishes value will be privatized.  This is one of the better plans that has
been introduced because this will allow a QRM (Qualified Residential Mortgage)
to only have 5% down payment.  The current QRM part of the Dodd/Frank Bill calls
for a 20% down payment for a QRM which will obviously hurt a already fragile
housing market if Freddie and Fannie are eliminated.  There is a lot involved in
order to eliminate Freddie and Fannies so we will see how all this plays
out.

4) Finally the major market mover…how will EU leaders handle their
financial mess and what affect will it have on the rest of the world.

Have a great week!

Chris Blount

Courtesy of Jeff Dicks Real Estate Keller Williams Realty

Search Raleigh Real Estate or Heritage Wake Forest Homes

 

The Wake Forest Board of Commissioners has approved a smoking ban in all Town parks and greenways, except in specifically designated areas.

The board adopted the ordinance last month during it sregular monthly meeting, joining a growing number of communities that have forbidden smoking in public parks. The smoking ban is designed to help reduce curb exposure to secondhand smoke and reduce litter.

The ban takes place immediately and includes a possible $50 fine. Signage will be posted throughout the Town’s parks and greenways informing visitors of the new ordinance.

Enforcement will take the form of requesting voluntary compliance. However, if a smoker does not extinguish a smoking product, park staff will remind them of the new policy and could request exiting the property if they choose to continue smoking. For more information about the smoking ban, contact Parks and Recreation Director Ruben Wall at 919-435-9561.

Courtesy of Jeff Dicks Real Estate

Wake Forest Homes For Sale

Heritage Wake Forest Homes

“Even if it did win legislative approval – something that I don’t think will happen – I think it would have a negligible effect on the Canadian market in terms of attracting Chinese and other Asian property investors attracted to Vancouver and other Canadian markets,” Douglas Gray, author of The Canadian Snowbird Guide: Everything You Need to Know about Living Part-Time in the USA and Mexico.  “They are coming here instead of the U.S. for social and cultural reasons, and that won’t change.”

 

 

If a bi-partisan team of U.S. senators has its way, the American economy will see a significant increase in property investment coming from outside its recession-wary borders.

 

Last month, Senators Charles Schumer, D-N.Y., and Mike Lee, R-Utah, unveiled proposed changes to the country’s VISIT-USA Act, among them a measure to provide renewable three-year resident visas to foreign nationals who invest a minimum of $500,000 in residential real estate anywhere in the U.S.

 

That residency offer would extend to spouses and dependent children and is geared toward regenerating a housing market that has yet to recover from the 2007/8 housing collapse.

 

A host of conditions apply: of that half a million dollars in property, at least $250,000 must go toward a primary residence, although dwellings purchased for non-residential use can be rented out; the visa holder must also live in the primary residence for at least 180 days a year and pay U.S. income taxes on foreign earnings; all purchases must be made in cash; and all applicants would be subject to background checks.

 

That being said, Canadian snowbirds meeting the criteria would see their current six-month cap on stays in the U.S. removed. Proponents in Seattle – now struggling to grow its share of the Chinese investment now going to Vancouver – have also suggested the legislative changes would strengthen the city’s appeal.

 

That kind of diversion just isn’t going to happen, said Gray, among other successful property investors based in B.C. convinced Vancouver Asian-friendly approach and large community will keep it as the primary real estate market for Chinese investors.

 

Gray, also a lawyer and author of several other investment books, is just as convinced potential tax implications and the possibility of losing access to Canadian health care will also keep most snowbirds from relocating to the U.S.

“That isn’t going to happen,” he told CRE.

-Vernon Clement Jones

Courtesy Jeff Dicks Real Estate

Very rarely do I have something at the tip of my tongue not be thankful for. The years continue to roll along and my kids continue to get taller as I shrink. I’m often reminded by my lovely wife Christine that we are very fortunate and as I like to say life gives you lemons if you continue to complain of life’s challenges.

I came across a snippet of Jon Gordon’s work today that I couldn’t help but share.

They are two words that have the power to transform our health, happiness, athletic performance and success. Research shows that grateful people are happier and more likely to maintain good friendships. A state of gratitude, according to research by the Institute of HeartMath, also improves the heart’s rhythmic functioning, which helps us to reduce stress, think more clearly under pressure and heal physically. It’s actually physiologically impossible to be stressed and thankful at the same time. When you are grateful you flood your body and brain with emotions and endorphins that uplift and energize you rather than the stress hormones that drain you.

Gratitude and appreciation are also essential for a healthy work environment. In fact, the number one reason why people leave their jobs is because they don’t feel appreciated. A simple thank you and a show of appreciation can make all the difference.

Gratitude is like muscle. The more we do with it the stronger it gets- Jon Gordon

Take note and you may just survive the holidays…….and beyond

 

Jeff Dicks

Jeff Dicks Real Estate

 

But while Canadian investors can get a glimpse of a wide variety of properties in the U.S., Europe and Brazil with the newly launched website, Canadian properties are not included.

The NAR said nearly 2.6 million international visitors searched for U.S. real estate alone on Realtor.com, with Canadians leading the list, followed by visitors from the United Kingdom, Germany, Australia and India. The international site, www.Realtor.com/International, launched last week.

The site will not only allow Realtors to offer their expertise and knowledge to a broader knowledge, but also bring buyers and sellers together on a more global scale, said NAR President Ron Phipps.

“Foreign buyers understand the value of owning a home in the U.S. and can rely on a Realtor because of their global perspective and understanding of different cultures and real estate practices,” he said. “This collaboration with Move.com is just one of many ways Realtors can expand and grow their business globally.”

With Canadians leading the surge in U.S. purchases by foreign buyers, much of the sales focus has been on warmer, coastal states recently. The NAR said Arizona, California, Florida and Texas accounted for 58% of all U.S. residential transactions completed by international buyers.

Visitors to the NAR site can search properties for 11 countries in 11 languages. Along with the U.S. and Brazil, the site offers listings for France, Italy, Portugal, Romania, Spain, Slovakia, Bulgaria, Croatia, and Serbia. Listings range from the multi-million price range to some homes for well under $10,000. A simple search variation allows prices to be listed in Canadian dollars.

Rentals are also offered on the site.

Canadian Real Estate- Editorial Team

Courtesy of Jeff Dicks Real Estate   View Triangle area Investment Properties

Fiserv said home values will fall 3.6% by next June in the U.S., which
will be a new low from the 2006 peak, down 35% from that point.

CNN
Money reports the company’s 2012 prediction might not even be the
eventual bottom, due to the massive shadow inventory of foreclosures
that has yet to even be released.

Some U.S. cities popular with
Canadians are among those expected to be hardest hit with price
decreases next year. Naples, Fla., for example, will see prices drop
another 18.9% by next June, according to Fiserv. That’s the largest
decrease in price of any metro area covered.

Las Vegas wasn’t far
behind, expected to see prices fall 15.9%, followed by Riverside,
Calif., predicted to fall another 14.8%, and Miami was projected with a
14.8% drop, according to CNN.

But other cities, already hard hit
in years past, will see some kind of recovery by next year in prices.
Oscala, Fla., for example, will see prices gain 22.4% for the 12 months
ending June 30, 2012. CNN said Oscala had already seen home prices drop
about 50% previously.

Similarly, other previously suffering
markets will gain next year, like Napa, Calif., projected to rise 20.9%
next year, and Panama City, Fla., expected to gain 18.2%.

Source Canadian Real Estate- Editorial Team

Courtesy of Jeff Dicks Real Estate