Archives: May 2016

Investment Home Sales ~ Wintergreen Resort

Investment Home Sales

Investment Home Sales Rebound in 2015 | Simplifying The Market

Investment Home Sales

Some Highlights:

  • 2015 marks the first year-over-year increase in investment home sales since 2011.
  • 62% of all investment homes purchased were single family homes.
  • The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).

Wintergreen real estate and Resort

Wintergreen Resort is the Premier Four Season Resort on the East Coast. Check out recent and past accolades. Wintergreen Mountain Homes and Wintergreen Condos at Wintergreen Resort and Stoney Creek Homes in the valley have always been popular for vacation, full time living, and investment. A current Vacation Home Buyers Survey by the National Association of Realtors (NAR) indicates investment home sales jumped 7% in 2015. (Info-Graph).

Contact Us to discuss your Wintergreen real estate options.  With housing trends moving in a positive direction, investing may be a good option and where better to do that than at Wintergreen Resort.

Wintergreen Resort view in the summer

3 Events You Must Not Miss During Wintergreen Resort’s Memorial Day Weekend

The summer fun arrives next weekend at Wintergreen Resort, and though there are plenty of activities planned throughout the long weekend, there are three in particular that you should not miss when you’re visiting the resort.

Cliffhanger Challenge Mountain Bike Race & Trail Run

biking in the moutainsAre you up for the challenging terrain of Wintergreen Resort?

The Cliffhanger Challenge Mountain Bike Race is on Saturday, May 28th, with last-minute registration and bib pickup starting at 7:30 AM. The race itself starts at 10 AM.

On Sunday, you can participate in the Cliffhanger Challenge Trail Run, with registration starting at 7:30 AM and the race beginning at 10 AM.

The 2016 Blues, Brews & BBQ Festival

It’s a battle for the best blues band and the best microbrews at this Memorial Day Weekend favorite. The Blues, Brews & BBQ Festival takes place Saturday, May 28th and Sunday, May 29th, with music performances by:

  • Crooked Road
  • Bluezonia
  • John Spear Band
  • Cashless Society
  • Eli Cook

A Day at Lake Monocan

fun at Lake Monocan

Fun at Lake Monocan

On Monday, Lake Monocan is open for the season!

Enjoy the fresh air and soft sand and have fun participating in Beach Olympics. Featured activities include a blind water balloon toss and sand castle building contest.

View the Full Schedule of Weekend Events

Planning your getaway to Wintergreen Resort for Memorial Day Weekend? Don’t miss out on any of the fun activities at the resort. View the full schedule of events here.

ActivityDateTimeLocation
Bonfire with StorytellerFriday, May 27th8 PMDiscovery Ridge Adventure Center
Live Music - Marshal ArtzFriday, May 27th9 PM - MidnightThe Edge
All American Breakfast BuffetSaturday, May 28th7 AM - 11 AMThe Copper Mine Bistro
Registration for Cliffhanger Mountain Bike RaceSaturday, May 28th7:30 AM - 9 AMTreehouse
Treehouse Children's ProgramSaturday, May 28th9 AM - 4 PMTreehouse
Cliffhanger Challenge Mountain Bike RaceSaturday, May 28th10 AM - 1 PMBlue Ridge Terrace
Arts & Crafts ShowcaseSaturday, May 28th10 AM - 5 PMBlue Ridge Terrace
Blues, Brews & BBQSaturday, May 28th11 AM - 5 PM
Outdoor MovieSaturday, May 28th9 PMDiscovery Ridge Adventure Center
Live Music - Matt Johnson from MoonSaturday, May 28th9 PM - MidnightThe Edge
Registration for Cliffhanger Trail Run ChallengeSunday, May 29th7:30 AM - 9:30 AMTreehouse
All American Breakfast BuffetSunday, May 29th8 AM - NoonThe Copper Mine Bistro
Interdenominational Church ServiceSunday, May 29th9 AMLookout Building
Treehouse Children's ProgramSunday, May 29th9 AM - 4 PMTreehouse
Cliffhanger Trail Run ChallengeSunday, May 29th10 AMBlue Ridge Terrace
Arts & Crafts ShowcaseSunday, May 29th10 AM - 3 PMBlue Ridge Terrace
Blues, Brews & BBQSunday, May 29th11 AM - 3 PM
Kids Block PartySunday, May 29th1 PM - 3 PMBlue Ridge Terrace & Courtyard
Day at the LakeMonday, May 30thNoon - 3 PMLake Monocan

Find Your Mountain Getaway at Wintergreen Resort

Wintergreen Resort view in the summerAre you eager to experience mountain fun year-round? At Wintergreen Resort, the fun never ends, and you can find your perfect vacation home or second home at this popular mountain resort destination.

It’s easy to find properties and condominiums that you will love to call your own; simply use our Wintergreen Resort home search tool or explore condo buildings.

When you want to tour available properties in person or start the process to buy a home in Wintergreen Resort, call us at (877) 296-9860.

Buying Wintergreen Resort Real Estate ~ 5 Resources You Must Use

a couple searching on a computerScrolling through online listing photos, scouting for the best location, and pondering décor in your home or condo is fun. But the home search itself is not the only enjoyable experience; the entire Wintergreen Resort real estate buying process can be pleasant when you have access to the best tools.

Here are the top five resources you should use to make buying a Wintergreen or Stoney Creek home easier and enjoyable.

1. A Wants vs. Needs Checklist

First determine what price, location, size, and any special features you must have. Then you can hone in on your favorite properties by searching for additional features that you would prefer.

2. A Mortgage Payment Calculator

What do you want your monthly mortgage payments to be? We have an easy mortgage payment calculator you can use to find out how much you can afford for a home. This tool takes into account the length of the loan, the interest rate, and annual tax and insurance to calculate how much you will pay every month.

3. A Reliable Home Search Tool

a person holding a magnifying glass over a houseIf you are using national real estate sites to search for Wintergreen homes for sale, keep in mind that you are not seeing all the properties that are for sale. HousingWire reported that websites such as Zillow show fewer listings than are available in many areas, which means you could be missing out on the best option.

The best source for your home search is a Wintergreen Resort real estate agent with a database of available properties called the Multiple Listing Service (MLS).

4. A List of Recently Sold Homes

a line graph with a magnifying glassResearching the real estate market will also make your home search much easier.

If you are thinking of buying, ask us for recent comparable sales.  It’s the only way you can really know how the value of the home you’re considering stacks up against what others have recently paid.

You should also ask us about current Wintergreen Resort real estate market conditions.  Want to take a peak under the door mat first?  We have some captured some macro-level market stats about the local real estate market you can review now.

5. A Local Wintergreen Resort Real Estate Expert

Your best resource for buying a properties in this area is the local Wintergreen Resort real estate expert. We have all of the tools you will need!

Are you ready to buy a home? Let us help! Contact Us today and we can work with you to find your ideal property.

Invest and Buy a Home (or Two) ~ Wintergreen Resort

GREEN-COINS

Invest and buy a home …or two

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:

“The housing market has bottomed. It’s not too late to get involved. I still think buying a home is the best investment any individual can make. Affordability is still at an all-time high.”

When asked how the average person could take advantage of the current real estate market and invest at the time, Paulson said:

“Invest and Buy a home and, if you can, buy a second home.”

Two years ago, Paulson reiterated his statement, saying:

“I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.”

Who is John Paulson and why should you listen to him?

Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would cause the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell.

What do others think of Paulson?

According to Forbes, John Paulson is:

“A multibillionaire hedge fund operator and the investment genius.”

According to the Wall Street Journal, Paulson is:

“A hedge fund tycoon who made his name, and a fortune, betting against subprime mortgages when no one else even knew what they were.” 

So… Is what he said still true? Should we invest?

The core reasons behind Paulson’s statements still ring true today! invest!  Why does he believe homeownership is such a great investment?

Paulson broke down the math of homeownership as an investment:

1. “Today financing costs are extraordinarily low.”

The latest numbers from Freddie Mac show us that you can still get a 30-year mortgage at historically low rates of under 4%.

2. “And if you put down, let’s say, 10 percent and the house is up 5 percent,” as many experts predict, “then you would be up 50 percent on your investment.”

How many are seeing a 50% return on a cash investment right now?

Paulson goes on to compare the long term financial benefits of owning versus renting:

3. “And you’ve locked in the cost over the next 30 years. And today the cost of owning is somewhat less than the cost of renting. And if you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.”

Bottom Line

Whenever a billionaire gives investment advice, people usually clamor to hear it. This billionaire gave simple advice – if you don’t yet live in your own home, go buy one! 

Wintergreen Resort is the east coasts premier four season resort. Check out their recent accolades. If you would like to discuss property ownership options at Wintergreen for vacation, investment, or even full time living Contact Us. We are your complete Wintergreen real estate resource.