Big Canoe Mountain Cabin

This “just listed” cabin is one of the best deals in Big Canoe. Used only as a seasonal  home by the owners for the past 17 years, this home has been meticulously maintained and updated.  Located in the center of the Big Canoe Village within walking distance of the lake, marina, swim club and fitness center, this is the ideal weekend or seasonal home.  With 4 bedrooms and a loft, there is room for family and guests. The home is being sold furnished.

Big Canoe Weddings at the Big Canoe Chapel

The beautiful  Big Canoe non denominational  Chapel, a favorite place for weddings, will be accepting reservations for wedding dates  from Chapel members starting August 1. On September 1, they will accept reservations from any Big Canoe homeowners and the general public.  Go to BigCanoeChapel.org for pictures and more information on the Chapel and associated facilities. Janet Noyes is the Chapel contact person for reservations. [706-268-3203]

The Chapel is located 50 miles north of Atlanta  inside the gates of Big Canoe, the premier  gated community in the scenic north Georgia mountains.  If you are looking for an easily accessible wedding destination with many accomodation options for guests, the Big Canoe Chapel might the place for your special day.   Call for more info on Big Canoe and the surrounding area. Shelby Collins 404-863-2676

Housing Shortage Forecast!!!

Harvard Report Says Housing Shortage Is Coming

Harvard University’s Joint Center for Housing Studies in its latest annual “State of the Nation’s Housing” report says that within the next decade, 16 million new housing units will be needed to meet population growth and shifting demands

Household growth, which has dropped drastically in recent years, will be the key component in a housing shortage.  From 2007-2010, household growth decreased to about 500,000 per year which was less than half the 1.2 million annual increase averaged prior from 2000-2007.

Lowest Home Interest Rates in 2011 Are Here

A new Trulia report says that mortgage rates inched down to  the lowest level of the year and Freddie Mac’s weekly mortgage market survey reports that the 30-year fixed-rate mortgage averaged 4.61 percent last week, while the 15-year rate averaged 3.80 percent.  This is the first time since December 2010 that the 30 year mortgage has reached 4.61 percent. Last year at this time, the 30 year fixed averaged 4.84 percent while the 15-year fixed-rate mortgage averaged 4.24 percent.

According to the latest data from Trulia, owning a home is more affordable than renting in 78 percent of the major U.S. cities.  

Big Canoe Tour of Homes is a Success

Beautiful weather, fabulous mountain homes, crafts, art, antiques, the book nook and good food were a winning combination for a fun weekend for the many visitors to Big Canoe this weekend. 

The evening was capped off with a great concert at the Big Canoe Terraces Amphitheater by the ever popular Banks and Shane. 

Come spend a day in the mountains on  your own personal home tour. Big Canoe features everything from  weekend cabins to executive mountain lodges.  Shelby Collins 404-863-2676

Terraces Amphitheater at Big Canoe Opens 2011 Concert Season

 The 2011  Terraces summer concert  season at Big Canoe blasts off Saturday, May 7, with a performance by 7 Bridges:  The Ultimate Eagles Tribute Band. [Think “Hotel California”] On May 21, the ever popular Banks and Shane will perform at the Big Canoe venue, and on June 4, The Live Bait Band will offer tributes to Jimmy Buffett and others. 

Show time at the Terraces, which is located off Steve Tate highway just past the front entrance to Big Canoe, is 7:00 p.m.   Bring your picnic dinner a la Chastain and tailgate or purchase food from local vendors who will be at the events.

Tate, Georgia Train Depot

This article is taken from the Big Canoe Smoke Signals online publication. The Tate terminal is finally going to get a long overdue restoration so it can be used for community events.  Tate is just a few miles from Big Canoe in Pickens County. It is but one of the many venues available to Big Canoe residents in the mountains north of Atlanta.

For the first time in 62 years the Tate Train Depot opens its doors to the public during Tate Depot Days Saturday, April 16 & Sunday, April 17.  

Bunker Sales Up Since Japanese Earthquake

I thought this article from CNN Money interesting and worth passing along for the humorous content if nothing else.  We here in the gated community of Big Canoe in the North Georgia Mountains feel safe and so removed from happenings like this that installing a bunker in the back yard would never occur to us.  The “bunker mentality” has definitely not come to our mountain home.

Daily Real Estate News  |  March 24, 2011  |   Share

Bunker Sales Soar Amid Japan Crisis
More home owners are considering adding a bunker to their backyard. The 9.0 earthquake, tsunami, and nuclear crisis in Japan as well as the tensions in the Middle East have prompted doomsday bunker sales to skyrocket, as much as 1,000 percent in some cases.

Foreclosure Rates are Down!!!

Could the real estate market be on the verge of a rebound?!! Big Canoe foreclosures, following this national trend, have slowed as well.  If you are waiting for the bottom of the market, this could be the first sign that it is time to buy. 

Foreclosures Post Biggest Drop on Record
The number of foreclosure notices filed in February declined 14 percent compared with last month, and foreclosure notices dropped 27 percent compared to last year at this time. That marks the largest year-over-year decline that RealtyTrac, a foreclosure tracking site, has ever recorded.

Capital Economics Research Firm Reports Undervalued U.S. Housing Market

The following article by housing analyst Carrie Bay gives credence to what I have been saying about the Big Canoe home market.  Homes are selling for much less than it would cost to replace them at current market levels and are great deals for savy home shoppers. There are lots of buying opportunities for one looking for a change of pace from the hectic pace of the city. The biggest real estate sale in history is still here. Come home to the Big Canoe mountains.

 

Research Firm Says U.S. Housing Has Never Been This Undervalued

03/07/2011 By: Carrie Bay Printer Friendly View