Beginning in 2008, Appalachian State University men�s and women�s soccer will play its home games in a state-of-the-art, 1,000-seat stadium that will anchor the brand-new Ted Mackorell Soccer Complex, ASU athletics announced in conjunction with the High Country Soccer Association (HCSA) and Watauga County on Thursday.
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Optimistic Outlook for Luxury Vacation-Home Market
The outlook for owners of “prime property” – “the most desirable, and normally most expensive, property in a defined location” – notably for vacation homes, is much more optimistic, according to the 2008 Annual Wealth Report by property consultants, Knight Frank, and Citi Private Bank.
“The boom in second home ownership over the past decade will be nothing compared with the growth we will see over the next decade,” the report says.
Here’s the Article from the Wall Street Jounral
It’s Spring. Ready to Buy a Home Yet?
Spring has always been busy for real estate. Even though buyers and sellers remain cautious, now could be a good time to make a move
The spring home-buying season is upon us. In small towns and big cities alike, “Open House” and “For Sale” signs are sprouting like crocuses. But it will take more than pleasant weather to thaw the ice-cold real estate market.
Click here for an article in Business Week
New Website Cracks Closing Costs

If many home buyers have never shopped for their own title insurance, will they use a Web site that not only helps them do that, but also select their own appraiser, home inspector, surveyor, or termite company?
Jeff Lazerson thinks they will, and armed with a $100,000 Ford Foundation grant, he’s building Fairclosingcosts.com, a Web site that he says will allow not only consumers but real estate and mortgage professionals to shop for settlement services.
Click here for the article
Click here to visit FairClosingCosts.com
2008 Blue Ridge Parkway Calendar
Blue Ridge Parkway facilities open on a staggered basis beginning in April. It should be noted that Spring is a transitional time weather-wise in the Blue Ridge Mountains. Warm days can be followed quickly by a cold front that brings the return of winter conditions. It’s important to check weather forecasts prior to your drive.
Some Parkway facilities are open year round. These include the Museum of North Carolina Minerals (MP 331), Folk Art Center (MP 382) and Parkway Headquarters in Asheville.
Click here for the calendar on Virtualblueridge.com
Second Home Market Remains Bright
In the midst of all the gloom and doom on the housing front, one remarkably-bright statistic has just been announced: Last week the National Association of Realtors reported that 12 percent of all existing home sales last year were not primary residences, they were instead vacation homes.
Click here for the article from Realty Times
College Towns: Still a Smart Investment
Property values in college towns are holding strong and can make a good investment whether you’re a parent, an investor, or just looking to relocate
Click here to read the article
Mortgage rates drop
Rates on 30-year mortgages dropped below 6 percent two weeks ago for the first time in more than a month, reflecting aggressive efforts by the Federal Reserve to cut interest rates to protect the economy from a serious recession.
Click here to read the article from Business Week
Welcome to High Country Dirt!
For those of you visiting for the first time, here is a brief overview of dirt.
Click to read more
6 Home Renovations With Major Payoffs
Yahoo has an interesting article about ways to improve your homes value, here’s the list of the top 6
1. Replace Your Siding
2. Build a Deck
3. Spice Up the Kitchen
4. Install Energy-Efficient Windows
5. Give the Bathroom a Facelift
6. Crown Your Walls
Read the article from Yahoo
Get yours—before it’s gone!
A new study suggests that southwest North Carolina has lost more than 100 acres daily for the past 30 years to urban development.
Click here to read more from the WS Journal
Fire destroys gift shop, museum at Tweetsie Railroad
Investigators spent today shoveling through ashes to determine what caused an early morning fire that destroyed the Tweetsie Railroad Museum and gift shop at Tweetsie Railroad
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How to finance your remodel
Until recently, borrowing money for a new kitchen, second-story addition, or other home improvement meant going to the bank, seeing a loan officer, and hoping for the best. Today, however, you have many more options.
Click here to read more.
Build your dream house now
Money Magazine—With home values tumbling and the mortgage market still in crisis, you’d think that Billie and Rodney Wylde would shelve their plans to build their North Carolina dream home - at least until the market stabilizes.
Not a chance. The thirtysomethings are set to pour the foundation on a 2,100-square-foot farmhouse with a wraparound porch in East Bend, a few miles from where they currently live. Estimated construction cost: $140,000.
Click here to read more
Do you know your mortgage ABC’s?
Home purchasers sometimes get into trouble because they are not clued into the sequence of steps involved in financing their purchase. These are qualification, pre-approval, approval, and lock.
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good-bye granite countertops?
During the housing boom, updating a kitchen with high end materials like cherry wood cabinets and a Viking stove was a sure bet to boost a home’s value. Homeowners often recovered about 80% of the cost when the house was later sold.
But with so much more inventory on the market for buyers to choose from, they just aren’t as impressed with the bells and whistles. Now most upscale renovations are returning less than 70% of their cost, according to a recent survey from the National Association of Realtors (NAR) and Remodeling magazine.
Here’s the article from CNN
Real Estate is Local—We’ve Got our own Market
The U.S. Commerce Department reported the sales of new single-family homes declined 2.8 percent in January, though area Realtors say the High Country’s market is “immune to natural trends.”
Read the Article in the Mountain Times
Retaining Wall Collapses on 105
Update 3/6: 105 Back to Normal
We have received reports that the retaining wall in front of Geno’s / High Country Inn on highway 105 has collapsed. The highway is partially closed.