Prince Performs “Purple Rain” During Downpour | Super Bowl XLI Halftime ...

Prince Performs “Purple Rain” During Downpour | Super Bowl XLI Halftime ...

3268 VACUNA RD KINGSLAND, GA 31548

Property Site: http://tour.remax-georgia.com/home/P5TQK8

This is a must see home. Geothermal cooled and heated nestled on over 11 acres of privacy. Artesian well feeds cooling system and ponds as well as irrigation to cultivate the grounds. This home is all block built to withstand the hardest of elements. The all tile interior and high ceilings supported by I-beams enhance the lodge feel you get as you enter the home. 12+ dining, 3 bedrooms all with there own bathroom fully equipped. The laundry room centrally located for all. Exit the kitchen to a large 3 car plus garage made of cinder block with height. The home is located on the rear of the property requires no flood insurance. Bordered by 874 acre A5 agricultural tract leaves lots of privacy. No city taxes. 432 sf unfinished loft with a stubbed bathroom.

Bedrooms: 3

Bathrooms: 3.00

Square feet: 3,581

Price: $272,000

For more information about this property, please contact Ed Leavy at 912-289-5546 or eleavy@remax.net. You can also text 3522190 to 67299.

See more listings at: 247realtyservice.com

MLS ID: 7623940

Tapering Begins!

Tapering Begins! The Fed announced they would be pulling back some of their stimulus package which has helped the housing market by keeping long term mortgage rates at historic lows for the last few years. This should come as no surprise as I have been warning of this likelihood over the last several months. KCM even went against the belief of the vast majority of economists who thought the Fed would wait until next year. Bill McBride of Calculated Risk: “Although the consensus is the Fed will wait until 2014 to start to taper asset purchases, December is still possible.” We also gave our members the following grouping of slides to help them explain the ramifications of the Fed’s decision during meetings with buyers and sellers. What it Means to the Consumer In an article in MarketWatch today, Lawrence Yun, the Chief Economist at NAR, explained that sellers looking to move-up (to a better school district or larger home) “need to realize that it could be more challenging a year from now.” Yun stated the average 30-year mortgage rate currently hovers at 4.3%, but that could rise to 5% or 5.5% next year. What it Does NOT Mean to the Housing Market Some reports will now claim that housing prices will have to drop as interest rates begin to rise. There is no historical evidence of this. Below is a chart showing the last four instances of mortgage rates rising dramatically and what happened to home values at the time. Bottom Line If you are either a first time buyer or a move-up buyer, you should make the move earlier in 2014 instead of later as mortgage rates will probably increase as the year goes on.