George Mills's (geomills) Blog

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Real Estate Broker/Owner - Mills Realty
RECENT BLOG POSTS
It is estimated that only 1/3 of the houses which are going to be foreclosed on in the US have occurred. That leaves 2/3 of the foreclosures yet to take place. It is doubtful whether mortgage companies will be able to accumulate a massive amount of houses; therefore, short sales will be the futur...
02/16/2010
I believe these are all good signs and will be setting a good foundation for an upswing in real estate. Once unemployment starts going down we will be well on out way. The United States economy grew at its fastest pace in years at the end of 2009, even as businesses resisted hiring and continued ...
02/01/2010
Home Buyers have less than four months to take advantage of the U.S. Homebuyer Tax Credit you must be under contract by the April 30 deadline. In November, Congress extended the tax credit and amended it to include some repeat buyers in hopes of securing a more sustained real estate upswing. Howe...
01/20/2010
They are leaving the deal behind not because they can’t pay but because they don’t want to. A study by researchers at Northwestern University and the University of Chicago concludes that as many as 25 percent of defaults are driven by strategy, not necessity. I’m surprised that the percentage is ...
12/22/2009
Can the government really help home owners from foreclosure? The guidelines create a path for a short-sale or deed-in-lieu of foreclosure for eligible borrowers for whom loan modification isn't a viable option. HAFA is a complex program, with 43 pages of guidelines and forms so. After reading the...
12/07/2009
Home sales and new home construction, at least according to the Fed, are likely to stimulate the economy in 2010. Feds are predicting that housing sales will jump by 11 percent, even in the face of a slow recovery for the economy as a whole. With home sales surging for the second month in a row i...
11/26/2009
Just look at the pictures can you believe the view of Cold Mountain along with the other mountain tops. This log cabins interior is accented with beautiful pine, wood burning fireplace, large loft, 3 bathrooms lots of room for family and guests also includes an open island kitchen large dining ar...
11/23/2009
The first-time home buyers seemed to be taking advantage of the tax credit with 47 percent of all Americans who purchased homes this year had not owned a home during the previous three years. In areas that seem to be catering to the second home buyer like Western North Carolina I do not believe h...
11/21/2009
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