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Natures Light Show in Murphy

by Dex Hubbard

Where ever you live, whether you be a city dweller or  country folk, it is so easy to take for granted where you reside. Last night, I was reminded of how amazing these mountains are.

Have you heard of the Synchronous Fireflies ?

This specific species are found only in a handful of places around the world. Photinus Carolius is a "rover Firefly". When they mate, they display sychronous flashing. This happens once a year, anwhere from late May to early June, depending on temperature.

Although I've lived in the mountains for over 7 years, I had never heard of this.  It's amazing isn't it, that the most beautiful things around you often remain unseen.

Last night, my two girl friends and I headed out to see what we had been missing.

After making a quick stop for dinner @ The Pizza Man (opening for the season  June 6, 2015), we headed into the twilight, down 129, hung a left, and took the back way to Joyce Kilmer.

Arriving in the parking lot, we didn't know what to expect. The Synchronous Firefiles is a not a scheduled tour, and you'll have a hard time booking them for a gig. In fact, afterwards we all admited that we were unsure whether or not we would see anything. Were we too late? Were we going to be in the wrong spot? Were they going to show up? The occasional fire fly flashed as we exited the vehicle. And so we waited, hoping that the show would begin, with low expectations of the finale.

Darkness surrounded us. Twilight had given way to almost complete darkness, and we were shrouded in the shadows of the tree's that Joyce Kilmer so loved. And all of a sudden, the woods ignited.

How to explain the visuals of it? I don't know if I can communicate how amazing it was to be in the middle of this ancient, beautiful ritual. The technical defination is the males emit a light, then the females answer it. But technical langauge has a problem capturing the awe, and the experience of it. We stayed for over 2 hours. Giggling, laughing, and staring at the spectacular beauty surrounding us.

After leaving Joyce Kilmer, we ventured up the Cherohala Skyway a bit, pulled off at a look out, and stared at the stars, which were brilliant.

Then it was time to head home, get in bed, dream of the day, and be well rested enough to be the phenomanal assistant Dex Hubbard has come to know and expect.

Mountain life is beautiful, exciting, and sometimes terrifying and I wouldn't have it any other way.

******
This blog post is taken from Dex's Personal Assistants Website "assistantonthetown.com" The Synchronous Firefiles happen in the spring, so make sure to check them out in 2016!

How to Sell Your Home (Quickly)

by Dex Hubbard

How to Sell Your Home (Quickly)

Your home is not just a house. And we understand the emotional value you feel whenever you step through the door. This is the place that you tucked your children into bed every night. Maybe it’s the first home you bought with your spouse. It’s the place where you dragged your first Douglas-Fir through the door and managed to balance it (mostly straight) before decorating it with your favorite Christmas ornaments. Your home has immense value to you, but now it’s time to move on to something better.

It’s easier said than done to emotionally distance yourself from your home in order to sell it quickly.
However, it’s something that you need to do in order to get your house sold as quickly as possible and for the best price. The tips below are based on real life experiences and problems that I’ve delt with in my career as a Realtor.

Several key factors in selling your home are going to be Price, Home Conditions, Market Conditions, and you’re Realtor.

The Right Realtor

I’m going to preface this by saying that who you choose to be your Realtor is possibly the most important decision you will make in this process. Do not choose a Realtor just because they go to your church, or they are your friend. Also do not pick someone at random. Your Realtor is your representative. You need to be sure that they know the market and they can prove they know it, by sales and data. You also need to be sure that their marketing is superior, their internet presence is phenomenal, their previous clients were satisfied, and that they are committed to selling your home.
*See my blog on How to Choose the Right Realtor*

Price Point

I always say that if you’re going to sell your home, sell it. Listing accurately and aggressively in the correct price range is the best way to sell quickly and sometimes get more for your home then you listed it for.   Numerous times there has been a house listed very aggressively in our market, and sometimes as many as 8 offers have come in. Contrast that with an overpriced home that sits on the market for months, and eventually sells for much less than list price. The homeowners who listed aggressively sometimes got their house under contract in under a week. They didn’t have to keep their house clean, pay for maintenance, insurance, and their mortgage for months while trying to sell. Also, successful real estate agents know not to show houses that are overpriced. This often times indicates that the seller’s agent, or the sellers are unexperienced or have completely unrealistic expectations and the chances of a successful closing are low.

Condition of Your Home

Just because your home has curb appeal (and it should), doesn’t mean that other serious issues aren’t hiding behind the hand laid brick path to the expansive country porch. If something is wrong with your house, expect buyers to ask for that to be corrected, or to have a price reduction. You can say no, but if an issue is serious enough, the bank may not be willing to loan any money for the purchase. The best way to avoid this is to keep up maintenance and repairs whenever you can. If you know you are going to be putting your home on the market, you might want to hire a handy man to fix small things. And while you’re doing that extra cleaning or painting, make sure the inside of your home is decluttered as well. When you are moving, you’re going to have to pack up the pictures, the drawings on the fridge, and the bric-a-brac anyways. So now may be an excellent opportunity to do that.

The Market

Your Realtor should be able to provide you with a comparative market analysis, showing you real data of like and similar homes that have sold. They should be able to show you a market report and if the price range you will be listed in is a fast or slow mover. If you want to sell fast, and the market is poor, you may have to make concessions in sales price. If the market is good, then listing it competitively for what your home is worth is sure to bring traffic and a quick sale. It take an average of 8-12 showings of your home before you get an offer. If you’re not getting traffic, then you’re not selling your home.


If you are looking for some great tips to get your home ready to show, check out this checklist.

If you are curious about the market analysis of your home, check out mountainhomevalue.com or give me a call for a no cost comparative market analysis


And as always, if you have any questions, let know.

Harrah's Valley River Casino in Murphy NC

by Dex Hubbard

The opening of Harrah's Valley River Casino is upon us! 

The grand opening is 12 days away and the anticipation continues to build.

If you are expecting the Cherokee Casino, temper your expectations. 

While there will be so much to do and enjoy, The Valley River Casino and the tribe has chosen to start smaller, and build. 

Their 50,000 sq ft casino floor will have 1,050 Slots and Video Poker Machines and 70 Las Vegas Style Gaming tables. The hotel will have 300 rooms, so if you are looking at being there opening night, book soon or stay somewhere locally. 

To start out, the Valley River Casino will have a food court featruing Earl of Sandwich, Panda Express, Papa John's Pizza, Nathan's Famous, and Starbucks.

But don't worry my friends,

I've heard rumors that the origional "build out" starting date was bumped from 18 months to 12 after completion!

That means that very soon we can expect some of the higher end restaurants, venue halls, and other perks that Cherokee's casino offers now.

*If you're a Casino Employee looking for a home, then please contact me a.s.a.p. Homes are moving incredibly quick and if you want to make your home in cherokee county, the time is now to buy*

*If you are interested in a second home here, inventory is shrinking so you can not wait!*

The Right Realtor

by Dex Hubbard

 

Navigating the real estate market, whether buying or selling, can be a stressful and mystifying experience. You need a great realtor by your side to help you. Choosing a great realtor can make the difference in how long your house stays on the market or how quickly you find your dream home. The real estate market changes quickly and you need to be able to rely on your agent to keep up and educate.

 For those new to the market or for those looking to make a change, there are a few key things to look for.

Before you meet a realtor, you must do research. This can run from word of mouth, to websites like Zillow or Trulia, or to the realtor’s websites and referrals. You know a great realtor by their visibility, reviews, and stats. Request market comparisons for listed/sold statistics from the agency or realtor.

Where do they rank?

 Where is their agency placed?

Where in the agency do they place?

 A realtor is known by their results. Don’t choose someone who isn’t passionate about their career. Don’t choose a realtor who “shows” house. Choose a realtor who sells them.

A great clue to how dedicated your realtor is involves how available they are and how quickly they get back to you. A great realtor isn’t a part time agent or someone who does real estate on the side. Everything changes quickly and the good buys go fast. (*Tip* My phrase is “Gone Zone”. If you see me comment that a house has hit the gone zone, then that house will be under contract in 7-10 days). Your realtor needs to be involved 24/7. They need to be available for you to call and for other agents to communicate with. They need to respond to your correspondence in a timely manner and do what they say they are going to do when they say they are going to do it.

The most important quality in a realtor is honesty. Your realtor should tell you the truth regardless if it is what you want to hear. A real estate agent is your guide to the market and your tool for having the best possible transaction. Someone who tells you just what you want to hear is like having a compass that points whichever way you tilt it. Absolutely useless for finding your way. If your home is not getting shown, then your house may be listed for too high a price.

How do we arrive at a list price?

Make sure you always have a good comparable market analysis. This will show you exactly what you need to do to sell your home.  

Some real estate agents are reincarnations of the Great Carnac it seems; holding a card to their forehead and guessing a number they think will please their client without any real research. Honestly, the more your house sells for the more your agent gets paid, and we all like to get paid. But if your home is priced too high or not competitively enough it will just sit there and cost you money.  A realtor worth their salt will tell you the truth about how much the market value on your property is and will provide you with relevant comparables.

If you are a buyer, you need an agent who is in tune with the market. Sometimes the difference between your dream home and settling is a realtor who can recognize an amazing deal as soon as it hits the market. They in turn can let you know, get you into see it, and put it under contract as quickly as possible to lock it down.

Choosing the right Realtor can mean the difference of getting your dream home or watching someone walk away with it. The wrong Realtor can be the difference between your house sitting on the market for years, or a quick transaction.

Buying and selling a house is one of the most financially significant things that will happen in your life.  Do your research and be sure you have the best person for the job.


Time to Buy in North Carolina's Mountains

by Dex Hubbard

Time to Buy in the Mountains

Chances are in the market crash of ’07 you bought at the wrong time or know someone who bought at the wrong time. Buying too high is a buyer’s worst nightmare. Investing in land is a smart choice but only if you can get a good deal. With the market slowly recovering, often times there is a hesitation to buy land until confidence is recovered. The problem is, the price of land is directly related to the supply and demand of it, so when everyone gains their confidence, the best deals are already gone. Buying over inflated priced land is a bad investment. Buying accurately priced land is a good investment.  But buying high value land at a low price is the best investment. The market is improving and it is just a matter of time until the price of land shoots back up. The time to buy in the mountains is now.

From 2012 to 2013 the price per acre of land on average dropped over 33 %. In 2013, in some cases the amount of time on the market got cut in half. In all types of listings (low, high, average, and median) the prevalent trend was the purchase price was below the listing price, in the case of high listings there was a significantly lower purchase price with average coming over a million dollars cheaper than the list price. The great deals right now, however, are in the lower priced listings. With a low sold to list percentage (7.84%) the lower priced pieces of land are priced to move. There is a decline in inventory in our area. More people are buying houses than are selling and that can only mean that one, land will become some peoples only option driving the demand up and two, that there is huge potential for investment properties. With the construction and opening of Harrah’s Cherokee Casino the demand for housing is only going to soar. Per the Eastern Band of Cherokees the estimated employee workforce to staff the casino is going to be between 800 and 1000. All of these factors combine to make the perfect storm for rising land values.

Don’t let the fear of investing interfere in the expanding possibilities available here. Land is a solid investment all the time. And nowhere in the United States is the land more beautiful or more varied. In my little corner of North Carolina you have the choice of mountain views, rushing creeks, Lake Front, and so much more simply for the asking. The time to find your piece of paradise or invest in your future is now. Invest wisely, love where you live, and join us in the beautiful mountains of Western North Carolina and surrounding areas. 

Should I Buy a Home Now?

by Dex Hubbard

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 21-26 of 26

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Dex Hubbard
RE/MAX Mountain Properties
1151 W US Hwy 64
Murphy NC 28906
828-837-3002
828-361-4710
Fax: 828-837-8372