Heritage Wake Forest Homes For Sale

Wednesday, January 27th, 2010

Heritage Wake Forest

Heritage Wake Forest

Heritage is an award winning development in Wake Forest, NC. This Master planned community it boasts the Heritage Golf & Country Club a Golf Digest 4 Star Bob Moore design. Homes from the 150’s to over
1 Million. Top notch school assignments, swimming, tennis, dining and shopping. For a personalized tour or further information. Please visit my website or contact me at (919)793-4730 or e-mail jeff@jeffdicks.com

Wakefield Plantation

Wednesday, January 27th, 2010

TPC Wakefield Plantation

TPC Wakefield Plantation

Wakefield Plantation offers championship golf with its TPC course. A challenging Hale Irwin design on over 214 acres. A full service Private Country Club with golf,tennis, swim and family fitness events. TPC Wakefield is also the home of the Nationwide Tour Event The Rex Open. For more information on Wakefield Plantation. Please visit my website.

Slow Progress on Foreclosures

Sunday, January 3rd, 2010

Lenders are still foreclosing on homes at a worrisome rate outpacing the Fed’s effort to stall the problem.
Since the HAMP program has started (Home Affordabilty Modification Program) processors have have worked with approximately 750,000 modifications, less than a mere 4% of these mod’s have become permanent.
Critic’s are calling the “mortgage program” a failure. Although not every foreclosure in the country can be prevented House Republicans and Democrats are urging the Treasury Department to do a better job of making the trial modifications permanent.
With next wave of mortgage resets to begin mid 2010 thru 2011 many believe that housing prices have further to fall. With the First Time Homebuyer Tax Credit to wind up in April uncertainty remains. Although, not all is bleak unemployment seems to be leveling off and with employment being a lagging indicator of an economic recovery any stability may signal the worst is over.
The Triangle area market has seen the median price of home prices drop over 2009, all eyes are looking to a spring market in 2010 with renewed optimism.