Cella Division of Metrocities Mortgage, LLC 828 743-9830 Fax3065 Hwy 64 jmullen@metrocitiesmtg.com E mailSapphire, NC 28774
Thursday, December 4, 2008
Cashiers, Highlands, Glennville - Is the Fed going to Bail out the Real Estate Market
Cella Division of Metrocities Mortgage, LLC 828 743-9830 Fax3065 Hwy 64 jmullen@metrocitiesmtg.com E mailSapphire, NC 28774
Saturday, November 22, 2008
Real Estate in Cashiers, Highlands, and Glennville North Carolina

Contact Mathew S. Kowal O:828-743-7077
C:404-394-7144
Wednesday, November 19, 2008
Westmark Development - Western North Carolina Communities

FloridaPalm Island PlantationLocated in Vero Beach, Florida, Palm Island Plantation offers magnificent homes and luxurious condominiums styled with an appreciation for outdoor living. The architecture of the British West Indies evokes a charming and nostalgic ambiance, while inviting the exuberance and vibrancy of the lush landscaping indoors with the use of verandas, porches, balconies, and large windows. The luxury gated community of Palm Island Plantation includes, 64 single-residence carriage homes, 6 splendid riverfront homes, 18 luxury condominiums, 17 well-appointed estate homes and our newest addition of our luxury townhomes. For mo
re information visit http://www.palmislandplantation.com/ or contact us today.Matherne Construction CompanyRecognized as one of the leading builders in Vero Beach in such notable communities as Palm Island Plantation, the Estuary, Indian River Club, the Moorings, Marbrisa and Oyster Bay, Matherne understands that building a custom home is one of the major decisions a family makes and one that is filled with excitement as well as anxiety. This is why Matherne dedicates itself to making the entire process - from beginning to end - as satisfying and pleasurable an experience as it should be. For more information visit http://www.matherneconstruction.com/ or contact us today.Signature Kitchens of Vero BeachThe premiere name in quality kitchen and bath business. Signature Kitchens offers three quality cabinet lines featuring custom options and finishes including Dynasty, Omega and Plain & Fancy (exclusive to the Treasure Coast). Signature Kitchens' designers will take your floor plan, ideas and wish list and make your vision a reality. Whether you are a weekend gourmet or a professional chef, our design spaces feature the latest in organizational components: roll outs, pantries, sectioned drawers and exotic wood tops. For more information visit http://www.signatureofvero.com/.For more information about one of our developments, contact us today. Montana - Crazy Creek RanchesJust outside the town of Big Timber, Montana, lies 1,826 acres which make up Crazy Creek Ranches, Westmark's latest real estate project and the first for the company in Big Sky Country. With exceptional views of the Crazy Mountains and the Absaroka-Bearthooth Mountain ranges, each ranch consists of lush irrigated hay lands, wooded riparian meadows, and wooded creek bottom pastures that are filled with whitetail and mule deer, wild turkeys, pheasant and other wildlife. Fishing enthusiast will find "blue ribbon" trout fishing of cutthroat, rainbow, brown and brook trout on over one mi
le of Big Timber Creek and Swamp Creek that run through the ranch. The ranches are perfect for the fisherman, sportsman, rancher, or horse enthusiast.The property consists of four distinct ranches in varying sizes from 243 acres to over 600 acres and are conveniently located within one hour of Billings and Bozeman, and 35 miles from Livingston, the northern gateway to Yellowstone National Park. You can find more information on "Crazy Creek Meadow Ranch," "Crazy Creek Silo Ranch," and "Crazy Creek Cliff Ranch" by visiting our sales partner at http://www.newfrontierranches.com/ or by contacting us directlyContact us at 404-394-7144 or 828-743-7077
Sunday, November 16, 2008
Trillium - Where Families Belong In The Western North Carolina Mountains

Trillium, a private community nestled in the heart of the Blue Ridge Mountains of North Carolina, offers your family a stunning blend of mountain, lake and golf course living. This is the place where you and your family can return to the things that truly matter.
Where life is about people and style is about being neighborly.
Trillium is tha
t place you return to when it's time to reconnect, to feel like yourself again, to feel like you're among friends.It's that place where kids can just be kids. And parents can too. Even the staff members at Trillium start to seem like old friends. And with more amenities and lake activities than any club in the Cashiers/Highlands area, Trillium homeowners have plenty of opportunities to experience our staff's personal service.
For More information Contact Mathew S. Kowal O:828.743.7077 or C:404.394.7144
Visit this link to explore Trillium's endless options....
Saturday, November 15, 2008
The Highlands Cashiers Mortgage Market....
30 year conforming rates are 5.875% and 15 year are 5.5%. About were we were last week. The week was very volatile again with the economic news.
Mortgage TimeMortgage Market News for the week ending November 14, 2008
Compliments of Jim Mullen Mountain Village Mortgage Loan Consultant
PHONE:(828) 743-7073
FAX:(828) 743-9830
https://mail.kendallhunt.com/exchweb/bin/redir.asp?URL=http://www.ncmountainvillagemortgage.com
jmullen@metrocitiesmtg.com
3065 Highway 64 EastSapphire, NC 28774
Cell: (828) 200-9168
Events This Week:
Retail Sales Fell
Import Prices Lower
Manufacturing Down
Sentiment Higher
Events Next Week:
Mon 11/17 Industrial Prod.
Tues 11/18 PPI
Wed 11/19 CPI Housing Starts FOMC Minutes
Thur 11/20 Philly Fed
Rescue Plan Changes Direction
For mortgage markets, the biggest news of the week came from Treasury Secretary Paulson during an update on the $700 billion TARP rescue plan. Paulson surprised investors with the news that the Treasury has scrapped the original plan to purchase troubled assets from banks and will use the funds in other ways to support the still "fragile" financial system. Lawmakers and investors were provided few details about the anticipated future use of the funds, and this abrupt shift in plans added to the uncertainty confronting investors in recent weeks.
While mortgage rates ended the week nearly unchanged from the prior week, daily volatility remained high. During October and November, movements in mortgage rates have been much larger than usual, primarily due to the high degree of uncertainty facing investors. Will there be a second major government stimulus package and what form will it take? What will be the impact of the extra debt issued to fund the government programs? Will other countries such as China have less money available to invest in US bonds, including mortgage backed securities, while they stimulate their own economies? Finally, how will the Treasury use the remaining funds from the $700 TARP rescue plan (discussed above)? Once investors have answers to these and other questions, we should see less volatility in mortgage rates.
Also Notable:
China will provide up to $580 billion in fiscal stimulus to boost its economy
October Retail Sales fell a record 2.8% from September
President Bush called for modest financial reforms which would avoid excess regulation
Oil prices fell to $56 per barrel, down from $147 per barrel in July
Average 30 yr fixed rate:
Last week:
-0.49%
This week:
+0.02%
Stocks (weekly):
Dow:
8,600
-250
NASDAQ:
1,540
-100
Week Ahead
The inflation data will highlight the Economic Calendar next week. The important Consumer Price Index (CPI) inflation report will come out on Wednesday. CPI looks at the price change for those finished goods which are sold to consumers. The Producer Price Index (PPI) will be released on Tuesday. PPI focuses on the increase in prices of "intermediate" goods used by companies to produce finished products. In addition, Industrial Production, an important indicator of economic activity, will come out on Monday. Housing Starts and the detailed minutes from the October 29 Fed meeting will be released on Wednesday. The Philly Fed index and Leading Indicators will round out the schedule on Thursday. The G20 economic summit, a meeting between large industrialized nations, will take place over the weekend.
To learn more about news impacting interest rates and mortgage markets, go to https://mail.kendallhunt.com/exchweb/bin/redir.asp?URL=http://www.mbsquoteline.comTo learn more about the newsletter, please call 800-627-1077All material Copyright © Ress No. 1, LTD and may not be reproduced without permission.
This email was sent from Jim Mullen at Mountain Village Mortgage. To unsubscribe, email jmullen@metrocitiesmtg.com.
The Blue Ridge Summit Group O: 828.743.7077 or C: 404-394-7144 ask for Matt
Wednesday, November 12, 2008
Bald Rock and The Divide at Bald Rock
To anyone who wants to find the perfect place to live:
My husband and I bought our first lot in Bald Rock in 1999 and built and moved into our home in October of 2000. We have since bought another lot and have built another home. (Bald Rock is part of The Divide at Bald Rock.) You ask why? First of all, not all developers are equal. David Bauer with Westmark Development is a man of integrity and he “walks the walk”. He is a “steward” of the land and does everything he can to protect the beautiful natural forested and mountain views that we have, by protecting and preserving. And what you have are beautiful mountain properties that are pristine that also backs up the Panthertown, a 6200 plus, preserve. He made sure that everyone felt welcome and everyone made friends quickly by all the hosted and scheduled events he initiated, that still go on today and throughout the season.
There is something for everyone here, even if you are not a horse owner. You will soon become a horse lover by seeing all the beautiful breeds of horses that some of our owners have. We have bi-monthly horse games at the community barn with lunch provided. We have families of all ages that come together for all the events. Children are always included if they wish to attend. Many neighbors come to just admire all the different antics that go on with the horses. There are community Pavilion dinners. The Pavilion is a beautiful post and beam structure building in The Divide with drop curtains for inclement weather that Dave Bauer built for all to enjoy. There are 2 beautiful fireplaces, naturally shed chandeliers, kitchen for catering and we have had many, many bands there from blue grass to all the latest dances. We also have Gator/Mule/Polaris rides several times a month riding around different properties and this is a “happy hour” motif. In addition, there are many parties given by the individual owners where all are invited. We usually have a New Year’s Eve party as well.
Life is magic at this altitude that can go as high as 4500 feet. We have miles and miles of trails for mountain biking, hiking and riding. We have young families and grandparents with their grandchildren visiting all meshing together. You can see birds soaring, see bear, deer, wild turkeys, watch a beautiful sunrise or sunset, actually see all the stars at night, and you will know and say, “I am finally back home”.
With sincerity, Joe and Shirley Insoft
For information on how to become part of our lovely community contact Mathew S. Kowal at: O:828.743.7077 C:404.394.7144
Thursday, November 6, 2008
Bald Rock: The Perfect Place to Live in Western North Carolina

My husband and I bought our first lot in Bald Rock in 1999 and built and moved into our home in October of 2000. We have since bought another lot and have built another home. (Bald Rock is part of The Divide at Bald Rock.) You ask why? First of all, not all developers are equal. David Bauer with Westmark Development is a man of integrity and he “walks the walk”. He is a “steward” of the land and does everything he can to protect the beautiful natural forested and mountain views that we have, by protecting and preserving. And what you have are beautiful mountain properties that are pristine that also backs up the Panthertown, a 6200 plus, preserve. He made sure that everyone felt welcome and everyone made friends quickly by all the hosted and scheduled events he initiated, that still go on today and throughout the season.
There is something for everyone here, even if you are not a horse owner. You will soon become a horse lover by seeing all the beautiful breeds of horses that some of our owners have. We have bi-monthly horse games at the community barn with lunch provided. We have families of all ages that come together for all the events. Children are always included if they wish to attend. Many neighbors come to just admire all the different antics that go on w
Life is magic at this altitude that can go as high as 4500 feet. We have miles and miles of trails for mountain biking, hiking and riding. We have young families and grandparents with their grandchildren visiting all meshing together. You can see birds soaring, see bear, deer, wild turkeys, watch a beautiful sunrise or sunset, actually see all the stars at night, and you will know and say, “I am finally back home”.
With sincerity, Joe and Shirley Insoft
Tuesday, November 4, 2008
Real Estate In Highlands, Cashiers, and Glennville
Contact Mathew S. Kowal O:828-743-7077
C:404-394-7144
Monday, November 3, 2008
A Cashiers Halloween
a member check out http://www.carolinagetaways.net/product_info.php?products_id=30 or stop by when your in the area...
Thursday, October 30, 2008
The Divide at Bald Rock - Western North Carolina
The Western North Carolina Mountains offers a beauty all its own. It is a way of life... a place of peace and tranquility that can only be described by living it.
Panther Ridge boasts lots at the highest elevations in the community. At around 4500 feet this phase posses view
C:404-394-7144
Wednesday, October 29, 2008
The Highlands-Cashiers Land Trust

Disappearing Land
In North Carolina more than 155,000 acres of farm land and open spaces are lost each year to development. That's an average of 427 acres of open space a day, or 17 acres an hour lost forever. That is a land area the size of Charlotte, North Carolina, gone each year that will never be restored. Only you can help us protect our natural lands, water quality and wildlife.
How we Work
A land trust works privately with property owners who have a deep love for their land and want to protect it from intrusive development. Some of the ways we conserve natural areas are through:
-Fee simple donations of land to be owned and protected by the land trust forever
-Conservation easements in which property owners donate certain development rights to the land trust forever, while retaining ownership
-Bargain sales of property to the land trust at a reduced price.
All these protection methods may bring considerable tax benefits to property owners.
The Highlands-Cashiers Land Trust exists to help property owners and their community save something they love Please contact us to learn how you can leave a natural legacy for the future.
THE CONSERVATION EASEMENT
The conservation agreement is an effective means of conserving land in North Carolina. A conservation agreement or an easement, have been used to protect lands as varied as mountain ridge tops, piedmont river corridors, farms, Christmas tree farms, and coastal beaches. Nearly half of the 225,000 acres protected by Land Trusts in North Carolina are conservation easements. In Highlands and Cashiers, easements have led to the protection of nearly 1,000 acres.
Because conservation agreements have only recently become popular, most landowners are unaware of how useful this land protection tool can be. Conservation agreements enable landowners to preserve their land, maintain ownership of it, and usually realize significant tax savings and reduced property taxes.
What is a conservation agreement? A conservation agreement is a written agreement between a landowner and a qualified conservation organization such as a Land Trust in which the landowner promises to keep the land in its natural condition and the land trust is granted the right to enforce the agreement and to monitor the property.
The conservation agreement is similar to a declaration of restrictive covenants in a subdivision. It contains a series of restrictions relating to various uses of land.
Conservation agreements are intended to preserve property in its natural, undeveloped condition providing a benefit to the public by conserving open lands, forests, farmland, streams and significant natural resources. Because of the public benefit, there are federal, state, and local tax incentives for the landowner who donates a conservation agreement.
On August 17th, 2006, President Bush signed into law significant new tax incentives for conservation agreement donations that increase these incentives. The new law raises the deduction a landowner can take for donating a conservation agreement from 30 percent of their adjusted gross income in any year to 50 percent and up to a 100 percent for farmers and ranchers; increases the number of years over which a conservation easement donor can take those deductions from 6 to 16 years, and these incentives are in effect for only 2006 and 2007.

Tuesday, October 28, 2008
Let it Snow on the Highlands Cashiers Plateau...

To miss the fall color of Highlands area mountains is a personal tragedy, it is a time of such beauty that it is hard to describe. Hues of oranges, yellow, red flame from the forests, hills and valleys. Mother Nature's artistic talent at her finest. Fall typically makes a gentle transition into winter, but this year we have been blasted with some cold. Thanksgiving and Christmas/New Years week are very popular times for area inns and restaurants. Winter is also a great time to see the scenic character of property that you might be interested in. During the winter months more and more retail stores, restaurants and inns remain open as the number of visitors to Highlands and Cashiers have increased greatly during these months. The Cashiers-Highlands plateau is quickly becoming a year round destination....
For more information on how to become a member of our lovely mountain community contact The Blue Ridge Summit Group at 828-743-7077 or 404-394-7144
Monday, October 20, 2008
Highlands and Cashiers a True Haven

I found this article in the New York Times and it seems to really give some insight into what exactly is happening on the Highlands-Cashiers Plateau
By DENISE KIERNAN
Published: September 30, 2005
HIGHWAY 64 rises on the one-hour drive from Asheville, N.C., to the Highlands-Cashiers Plateau in the Blue Ridge Mountains. As it climbs, the cool mountain air and the wide expanse of sky offer a sense of refuge for those arriving from hot, sticky cities like Atlanta and Charleston.
That sense of refuge has drawn Southerners to homes in the twin towns of Highlands and Cashiers for well over a century. But now, with more and more part-time residents staying beyond the summer and a younger, more active set of homeowners over all, it may no longer be true to say that Highlands-Cashiers is one of the best-kept second-home secrets in the nation.
Once, the towns' trademark feature was their several golf communities for retirees, said Ann McKee Austin, a local real estate agent. But now, she said, you're likelier to see ''the S.U.V. with the Labrador in the back and the kayak on top.'' Or, as Cathy Garren, another real estate agent, put it: ''It used to be retirees from Florida. Now it's working people from Atlanta.''
They come for the mild weather and for the lush forests and waterfalls set amid stunning mountain silhouettes. But despite the climate and the setting, relative distance from big cities has helped to keep real estate prices from skyrocketing; local agents say that in the last five years, prices have increased from 12 to 20 percent. ''This is not a boom or bust area, where you have windfall years and then slack years,'' Ms. Austin said. ''It's consistent and steady. We like it that way. It's not some kind of new, made-up town on the coast of Florida.'' The Scene
Highlands and Cashiers (pronounced CASH-ers) are equally affluent fraternal twins, nestled in the midst of the Nantahala National Forest. The area has been used as a summer retreat since the mid-1800's, when wealthy families from the Low Country of South Carolina began putting up summer cottages and modest Greek Revival houses there. The town of Highlands was founded in 1875 by Kansas developers who, the story goes, drew two lines on a map, one from Chicago to Savannah, the other from New York City to New Orleans, believing that the intersection would be ideal for trade.
Today, if there is a difference between the two towns, it is that Cashiers is a little bit country, Highlands a little bit country club. Highlands, fittingly, is also higher, at an elevation of 4,113 feet to Cashiers's 3,500 feet. New homes in both towns tend to be large houses located either in gated communities or on estate lots of five acres or more.
Highlands has a proper Main Street, which draws strolling day-trippers in khakis and polo shirts. But both towns offer plenty of boutique shopping and local crafts. For activities, there's a lot to do, from pampering to playing in the rugged outdoors. You can indulge in a massage at the spa of the Old Edwards Inn on Main Street in Highlands or play croquet on the lawn of the Chattooga Club in Cashiers. Or you can climb the sheer face of Whiteside Mountain, hike to the 411-foot-tall Whitewater Falls or fish on Lake Glenville.
Mike Hays, who owns an insurance agency in Sarasota, Fla., lived between the two towns for five years and is buying a new home in Cashiers.
''I like living in Cashiers and going to Highlands,'' said Mr. Hays, a 36-year-old father of two young children. ''We've got a mountain double-jog-stroller, and we take the kids hiking with us. We go out for ice cream, We play in the yard. We're at home.'' Mr. Hays's family comes back to the area in the fall for the colors and at Thanksgiving.
Sue Gail, originally from England, lives most of the year in Fort Lauderdale, Fla., and found herself at Highlands Falls Country Club in 2001, after her husband, a developer, began working on projects in the area.
Ms. Gail, 60, started the Highlands Film Festival, which just completed its second year. She and her husband spend several months in Highlands in the summer; she says many residents she knows are spending more and more time there. ''It's beautiful,'' she said. ''People are so wonderful up here. It's a rejuvenating getaway.'' Pros
Property taxes vary but are relatively low (an example: $1,485 a year on a $1,675,000 house on 6.94 acres). Views are long, summers are mild and breezy, and fall features a mind-boggling palette of colors.
There are many golf courses of distinction in the area. Bobby Jones spent several summers at the Highlands Country Club, and he still holds the course record. The Wade Hampton Club, designed by a golf course guru and area resident, Tom Fazio, was ranked 17th in the United States by Golf Digest in 2005.
Outdoor Magazine ranked Cashiers one of America's ''top dream towns'' in 2004.
If exerting yourself is not a priority, there are plenty of shops and restaurants in both towns, or you can hop into your car and go for a scenic drive. Cons
Anything that travels to the Highlands-Cashiers Plateau takes the same twisting drive, and getting stuck behind a land-yacht can add time and nausea to your trip.
Unincorporated Cashiers is dry, though brown-bagging is permitted practically everywhere. Alcohol can be bought in Highlands, which is incorporated, but laws there are complicated (some restaurants can serve wine, but not beer). Nevertheless, many club communities have stocked bars and restaurants, and private restaurant clubs (membership fees range from a dollar a year to more than $100) have full permits.
Expect to spend at least $700,000 to buy into one of the high-end, full-amenity gated communities. (Many of the club amenities in those communities close in the winter.) Houses at that price will probably not include a view or a fancy kitchen. At about $900,000, you can begin to have a house with everything: views, granite countertops, extensive decks, three bedrooms, an acre of land. Styles vary, but variations on Adirondack, Shingle-style and English cottage are popular.
Bargains can still be found in some of the smaller, older cottages in the woods, especially if you're willing to be 10 to 15 miles outside town. With some searching, you can perhaps find a little bungalow, a ranch or an A-frame in the $200,000-to-$400,000 range with two or three bedrooms, depending on the condition and age of the home.
It's not unusual for a house to stay on the market for six months because of the seasonal nature of home sales. Ms. Austin recently sold a three-bedroom, three-and-a-half-bath, 1,962-square-foot Shingle-style house on 3.47 acres in the Chattooga Club. It had another 1,069 square feet in porches and decks, views and included many antiques. It was listed at $2,295,000 and sold 35 days later for $2,245,000.
Ms. Garren recently sold a 30-year-old three-bedroom, three-bath house on .81 acres in a subdivision for $440,000. It was on the market for 64 days.
There is a good deal of new high-end construction in the area, more than 3,000 acres in and around Cashiers alone. But agents suspect that the out-of-the-way location of Highlands-Cashiers, although attractive, keeps prices and development from spiraling out of control.
''We don't want the fudge factories, the T-shirt shops and water slides,'' Ms. Austin said. LAY OF THE LAND POPULATION -- The Highlands area has about 3,000 year-round residents and about 20,000 in season. The area around Cashiers has 1,700 year-round residents and about 10,000 in season. LOCATION -- Western North Carolina in the Blue Ridge Mountains, roughly 80 miles southwest of Asheville. WHO'S BUYING -- Retirees with a love of golf who park themselves there for the summer and wealthy pre-retirees from nearby Atlanta who use their homes throughout the year. Still a favorite of Southerners, but Midwesterners are starting to stop in. GETTING THERE -- Asheville's airport is the closest at about 60 miles, roughly an hour and a half drive. The Greenville-Spartanburg International Airport is a two-hour drive away in South Carolina. Atlanta is a two-and-a-half-hour drive away. WHILE YOU'RE LOOKING -- The Old Edwards Inn and Spa (445 Main Street, 866-526-8008) on Main Street in Highlands offers Swedish massage packages, upscale shops and fine dining in Madison's Restaurant and Wine Garden. Its 30 rooms, suites and cottages start at $235. COMPARABLES Mountains Where Weekenders Find Reasons to Stay All Week Information on properties was supplied by the listing companies. WHAT -- 3-bedroom house HOW MUCH -- $435,000 This 2,200-square-foot house in Highlands was built in 1995. It has three bathrooms, decks and mountain views. The property is 4.66 acres. Agent: Cathy Garren, Century 21 Mountain Lifestyles, (828)743-7999; www.c21mountainlifestyles.com. WHAT -- 3-bedroom house HOW MUCH -- $745,000 This 3,400-square-foot house is within walking distance of Main Street in Highlands. It was built in 2001 and has two gas fireplaces and three and a half bathrooms. The property is .68 acres and has a small stream and an artificial waterfall. Broker: Wick Ashburn, Coldwell Banker Ashburn Real Estate, (828)526-4151; www.ashburnrealestate.com. WHAT -- 4-bedroom house HOW MUCH -- $1,999,999 This 5,374-square-foot Cashiers house was built in 2000 and expanded in 2003. It has six fireplaces, including two gas ones in the master suite; a greenhouse; and four full and two half bathrooms. The property is 3.49 acres at an elevation of 4,350 feet. Agent: Terri Hammond and Beth Townsend, McKee Properties, (828)743-3411; www.mckeeproperties.com.
Correction: October 7, 2005, Friday A picture caption with the Havens column last Friday about Highlands and Cashiers, N.C., misidentified a golf course in the area. It was the Highlands Falls Country Club. (The Highlands Country Club is nearby.) A property tax example cited in the column, for a house priced at $1,675,000 on a 6.94-acre lot, was in error. The house in the example has not been assessed since it was completed. The figure $1,485 was for the tax on the land before the house was built.
Sunday, October 19, 2008
The Divide at Bald Rock - Chili Cookoff
Friday, October 17, 2008
Western North Carolina - Catamounts
Just minutes from Highlands and Downtown Cashiers is the town of Sylva, Home to Western North Carolina University. Just qa quick trip north and down the mointain you can enjoy the life of a great mountain school. The "Catamounts" have provide us with a host of activities from the arts to colleges sports. For a list of calanders and sporting activities check out http://catamountsports.cstv.com/index-main.html .
The Catamounts....
The Moniker since 1933
What is a Catamount?????
This article courtesy of the WCU website... Check out great fun at an excellents institution, Come support the Cataounts Golf Team as the compete in the catamount classic at The Country Club of Sapphire Valley in Cashiers the begginging of November.
Western Carolina University's unique mascot and nickname for its athletics teams seems to always bring about the same question when the Catamounts play on the road ... "What exactly is a Catamount?"
Webster's Dictionary defines "catamount" as "any of various wild cats such as a cougar or lynx." Cats of the catamount variety, including the bobcat, have roamed the southern Appalachian Mountains, where Western Carolina University is located, for years.
The nickname evolved from a contest that was held on the Cullowhee campus in 1933. At the time, the school was called "Western Carolina Teachers College" and its teams were known as "the Teachers."
Everyone on campus was invited to participate in the naming of the teams. The usual names were suggested -- Bears, Indians, Panthers. However, the college wanted an unusual name, a name that fe
w others had and that everyone would not copy.The contest came down to Mountain Boomers, a small ground squirrel that scampers about the woods and is extremely difficult to catch, and Catamounts. The latter was the favorite of Head Football Coach C.C. Poindexter and was the nickname chosen. Poindexter wanted his players to be Catamounts with "fierce spirit, savage attacks, and lightning quick moves."
Western Carolina University is the only one of two NCAA schools playing under the Catamount moniker. Western is the only football-playing school in the nation using the nickname "Catamounts," with the University of Vermont being the only other school using that nickname.
For more information on WCU or it's affiliated events Check out the web or call The Blue Ridge Summit Group at 828-743-7077
http://www.wcu.edu/
Market Statistics - Highlands, North Carolina
The sense of refuge has drawn Southerners to homes in the twin towns of Highlands and Cashiers for well over a century. But now, with more and more part-time resid
ents staying beyond the summer and a younger, more active set of homeowners over all, it may no longer be true to say that Highlands-Cashiers is one of the best-kept second-home secrets in the nation.Once, the towns' trademark feature was their several golf communities for retirees, said Ann McKee Austin, a local real estate agent. But now, she said, you're likelier to see ''the S.U.V. with the Labrador in the back and the kayak on top.'' Or, as Cathy Garren, another real estate agent, put it: ''It used to be retirees from Florida. Now it's working people from Atlanta.
''They come for the mild weather and for the lush forests and waterfalls set amid stunning mountain silhouettes. But despite the climate and the setting, relative distance from big cities has helped to keep real estate prices from skyrocketing; local agents say that in the last five years, prices have increased from 12 to 20 percent. ''This is not a boom or bust area, where you have windfall years and then slack years,'' Ms. Austin said. ''It's consistent and steady. We like it that way.
Sun rise in Highlands, NC
The Scene - Highlands is nestled in the midst of the Nantahala National Forest. The area has been used as a summer retreat since the mid-1800's, when wealthy families from the Low Country of South Carolina began putting up summer cottages and modest Greek Revival houses there. The town of Highlands was founded in 1875 by Kansas developers who, the story goes, drew two lines on a map, one from Chicago to Savannah, the other from New York City to New Orleans, believing that the intersection would be ideal for trade.
Today, if there is a difference between the two towns, it is that Cashiers is a little bit country, Highlands a little bit country club. Highlands, fittingly, is also higher, at an elevation of 4,113 feet to Cashiers's 3,5
00 feet. New homes in both towns tend to be large houses located either in gated communities or on estate lots of five acres or more.Highlands has a proper Main Street, which draws strolling day-trippers in khakis and polo shirts. But both towns offer plenty of boutique shopping and local crafts. For activities, there's a lot to do, from pampering to playing in the rugged outdoors. You can indulge in a massage at the spa of the Old Edwards Inn on Main Street in Highlands or play croquet on the lawn of the Chattooga Club in Cashiers. Or you can climb the sheer face of Whiteside Mountain, hike to the 411-foot-tall Whitewater Falls or fish on Lake Glenville.
Pros - Property taxes vary but are relatively low (an example: $1,485 a year for 6.94 acres). Views are long, summers are mild and breezy, and fall features a mind-boggling palette of colors.
There are many golf courses of distinction in the area. Bobby Jones spent several summers at the Highlands Country Club, and he still holds the course record. The Wade Hampton Club, designed by a golf course guru and area resident, Tom Fazio, was ranked 17th in the United States by Golf Digest in 2005.
Outdoor Magazine ranked Cashiers one of America's ''top dream towns'' in 2004. If exerting yourself is not a priority, there are plenty of shops and restaurants in both towns, or you can hop into your car and go for a scenic drive.
Cons - Anything that travels to the Highlands-Cashiers Plateau takes the same
twisting drive, and getting stuck behind a land-yacht can add time and nausea to your trip. Unincorporated Cashiers is a dry county, though brown-bagging is permitted practically everywhere. Alcohol can be bought in Highlands, which is incorporated, but laws there are complicated (some restaurants can serve wine, but not beer). Nevertheless, many club communities have stocked bars and restaurants, and private restaurant clubs (membership fees range from a dollar a year to more than $100) have full permits.Some of the restaurants and shops shut down during the winter, and even in summer, things close early. ''We do have some great restaurants,'' said Debi Dickson, an Atlanta resident who spends four months a year in Highlands. ''Just don't expect to eat at them at 10 p.m.''The Real Estate Market - Expect to spend at least $700,000 to buy into one of the high-end, full-amenity gated communities. (Many of the club amenities in those communities close in the winter.) Houses at that price will probably not include a view or a fancy kitchen. At about $900,000, you can begin to have a house with everything: views, granite countertops, extensive decks, three bedrooms, an acre of land. Styles vary, but variations on Adirondack, Shingle-style and English cottage are popular.
Bargains can still be found in some of the smaller, older cottages in the woods, especially if you're willing to be 10 to 15 miles outside town. With some searching, you can perhaps find a little bungalow, a ranch or an A-frame in the $200,000-to-$400,000 range with two or three bedrooms, depending on the condition and age of the home.
It's not unusual for a house to stay on the market for six months because of the seasonal nature of home sales. Ms. Austin recently sold a three-bedroom, three-and-a-half-bath, 1,962-square-foot Shingle-style house on
3.47 acres in the Chattooga Club. It had another 1,069 square feet in porches and decks, views and included many antiques. It was listed at $2,295,000 and sold 35 days later for $2,245,000.There is a good deal of new high-end development in the area, more than 3,000 acres in and around Cashiers alone. But agents suspect that the out-of-the-way location of Highlands-Cashiers, although attractive, keeps prices and development from spiraling out of control.''We don't want the fudge factories, the T-shirt shops and water slides,'' Ms. Austin said.
LAY OF THE LAND POPULATION -- The Highlands area has about 3,000 year-round residents and about 20,000 in season. The area around Cashiers has 1,700 year-round residents and about 10,000 in season.
WHO'S BUYING - Retirees with a love of golf who park themselves there for the summer and wealthy pre-retirees from nearby Atlanta who use their homes throughout the year. Still a favorite of Southerners, but Midwesterners are starting to stop in.
GETTING THERE -- Asheville's airport is the closest at about 60 miles, roughly an hour and a half drive. The Greenville-Spartanburg International Airport is a two-hour drive away in South Carolina. Atlanta is a two-and-a-half-hour drive away.
Tuesday, October 14, 2008
Cashiers and the Chattooga River
It has often been said by the folks who really know Chattooga country that one could spend a lifetime exploring the places in the watershed that have cultural, geological, aesthetic, or environmental significance. We thought it might be more practical for our quarterly publication to take it a little bit at a time. This installation marks the first in an ongoing series that will examine an area in the watershed as defined by the standard U. S. Geological Survey (USGS) “quad” maps. The 200,000 acre Chattooga River watershed is covered by 10 USGS quads. We hope you enjoy this first installment in the Chattooga River Quad Discovery Series, featuring the Cashiers Quadrangle.
The U. S. Geological Survey is a federal agency founded in 1879 with the mission to classify the public domain by surveying the geological structure, min
eral resources, and products of America’s vast public lands. Today the U. S. Forest Service, the Department of the Interior, and almost all other federal and state agencies as well as most conservation groups use U. S. Geological Survey maps. These quads are also the base maps of choice in most Geographic Information Systems (GIS) used by everyone from land management professionals to amateur explorers. Standard USGS maps cover one eighth of one degree of latitude and longitude, or a rectangular area encompassing six miles by eight miles. The scale of a quad map is 1:24,000.The Cashiers Quad, General Description
The northeast corner of the Chattooga River watershed is covered by about one-third of the Cashiers quad, roughly bounded by Chattooga Ridge on the east as it zig-zags its way north, connecting the dots of eight mountains all around 4,000 feet in elevation, and finally connecting with the Blue Ridge Divide at the extreme northwest corner of the map near the resort village of Cashiers. The eastern two-thirds of the Cashiers quad covers the headwaters of the Whitewater, Thompson, and Horsepasture Rivers, which along with the Toxaway and Eastatoe Rivers further to the east in the Reid Quad, make up the spactacular Jocassee Gorges. Highway 107 roughly follows the Chattooga Ridge on the road’s winding way from Walhalla, South Carolina, in the south to Cashiers, crossing at low points at Heady Gap and then back across Chattooga Ridge near Cashiers. Here, the Chattooga Ridge brackets Cashiers to its east along the tops of Chimneytop Mountain (4,618 ft.) and Rock Mountain (4,300 ft.), both of which exhibit sheer granite faces to the southwest. Highway 107 t-bones into Highway 64 in Cashiers with the left fork leading 10 miles to Highlands, and right to Sapphire Valley, Rosman, and eventually to Brevard, North Carolina. Two secondary roads lead west off of Highway 107, the Whiteside Cove Road to the north just out of Cashiers and the Bull Pen Road at Mulkey Gap. These two roads leave the Cashiers quad, heading west but soon merge near Horse Cove leading to Highlands. The Chattooga River winds its way down the west side of the Cashiers quad from its headwaters above Cashiers Lake to the old iron bridge on Bull Pen Road just on the southwest
corner of the quad. The state line between North and South Carolina runs from the east just below Upper Whitewater Falls diagonally to the west to the Chattooga River at Ellicott Rock. Here, the river south of the 35th parallel becomes the boundary between Georgia and South Carolina. A large part of the 9,012 acre Ellicott Rock Wilderness Area is shown in the south west corner of the Cashiers Quad at the boundary along the Bull Pen Road and down Highway 107.The Chattooga River and Its Tributaries
The most prominent of the six small mountain streams that make up the headwaters of the Chattooga River emerges as a small spring at the crest of the Blue Ridge Divide about a mile northwest of Cashiers, North Carolina, where it tumbles onto a plain at about 3,000 feet in elevation above sea level. A small resort lake in Cashiers briefly restrains the fledgling headwaters stream for about one-half mile before releasing it to plunge away for another .8 miles and then down the 150 foot Silver Slipper Falls into the deep woods of Nantahala National Forest. The strengthening headwaters flow boldly for about one-quarter of a mile, merging with other streams flowing from beneath the foreboding Devil’s Courthouse looming above on the north side of Whiteside Mountain. For three quarters of a mile or so, the young stream—now a large creek—passes through young forests growing in old abandoned fields before tucking under a ledge against a steep cliff on the right and cascading for a sheer 75 feet to a pool below. Ribbon Falls, as it is called, offers a dramatic view of the eastern side of Whiteside Mountain. The large potholes lying in a row down the left side of the smooth, worn precipice at Ribbon Falls, some three feet across and eight feet deep, testify to the age and power of the Chattooga landscape, among the oldest geologic forms in the world. The Chattooga River gains its true identity here and for the next three-quarters of a mile, the river flows swiftly through old forests gaining volume, crossing into private property and then emerging in a wide, green valley of pastures and old fields about one-half mile above Grimshawes Bridge on the Whiteside Cove Road. The sheer 2,000 foot face of Whiteside Mountain to the northwest comes into full view in the open terrain here at
the mouth of Whiteside Cove, offering some of the most stunning scenery in the Southern Appalachians.The cultural history of both native American and European settlers runs deep in these ancient fields and fording places near Grimshawes Bridge. The old Norton Cemetery is located on the south side of the Whiteside Cove Road, about a mile to the northeast of Grimshawes Bridge. Buried here are some of the Norton family who first settled Whiteside Cove in the early 1800’s. The Forest Service has acquired a small parcel of land on the river just north of Grimshawes Bridge called Sliding Rock that has been a favorite swimming hole for generations. Grimshawes community is located only about one half mile to the west on Whiteside Cove Road, where once stood an old inn dating back to the turn of the century, and where still stands a tiny building that has the distinction of once being the smallest post office in America. Another old cemetery, Whiteside Cove Cemetery, is located a few miles west the on the Whiteside Cove Road. A short distance further west is the site of Whiteside Church, once an old school house at the juncture of an old road that crossed the river below Grimshawes community.
Below Grimshawes Bridge by about three-quarters of a mile, the river merges with Fowler Creek coming in from the river left. Fowler Creek heads up in Cashiers near Wade Hampton Country Club. Heavy logging along Fowler Creek at the turn of the century is evident all along its length where a “dummy line” was used to pull logs to a saw mill near Grimshawes community. A steam-driven tramcar was used to pull the lumber up Fowler Creek to Cashiers, where it was taken via ox cart to the railhead in Toxaway, North Carolina. About a mile below Fowler Creek, just above the confluence with Green Creek coming in from the river right, is Corkscrew Falls dropping vertically for 25 feet, the largest single drop on the Chattooga River. Just below Green Creek, the river crosses back onto federal land where it continues for another 1.5 miles along a moderate descent, to Norton Mill Creek coming in from the right.
A short distance above its confluence with Norton Mill Creek, an old ford crosses the Chattooga River that once connected the old Bull Pen community with Whiteside Cove (mentioned above). On the east side are the ruins of an old cabin that was built by one of the first settlers in the upper Chattooga headwaters known as the Monroe cabin. Downstream, the river flows beneath Chattooga Cliffs
, which tower 400 to 600 feet above. Many rare plants occur in these unique outcrops above the upper Chattooga narrows, including rock clubmoss (Huperzia porophila), fir clubmoss (Huperzia selago), Biltmore sedge (Carex biltmoreana), divided leaf groundsel (Senecio millefolium), dwarf filmy fern (Trichomanes petersii), and sword moss (Bryoxiphium norvegicum). This 2 mile section of the river to the old iron bridge on the Bull Pen Road includes spectacular scenery, treacherous rapids, large tree-topped boulders, and swirling potholes.The Chattooga River turns east below Bull Pen Bridge, flowing for another 2 miles over rapids and cascades interspersed with deep green pools between steep ridges to Ellicott Rock. Notable in this section is scenic Scotsman Creek, that tumbles into the Chattooga about 1 mile below Bull Pen Bridge on the left side. Similarly, the second Fowler Creek enters the river about three-quarter of a mile further down. Here ends the coverage of the Cashiers quad.
Wild and Scenic River Classification
The Chattooga River as required by the Wild and Scenic Rivers Act is classified by section according to its level of wildness. Sections with no impoundment, unpolluted, and which are inaccessible except by trail are classified as wild. Scenic sections are primitive in nature but may be accessible in places by roads. Recreational sections are readily accessible by roads with some shoreline development and may have had some impoundments or diversions in the past. The section of the Chattooga River from .8 miles below Cashiers Lake to .2 miles above Norton Mill Creek is classified as recreational. The next two miles along Chattooga Cliffs is classified as wild. From one-quarter mile above to one-quarter of a mile below Bull Pen Bridge, the river is classified as scenic. The Ellicott Rock section of the river, from one-quarter mile below Bull Pen to one-quarter of a mile above Burrells Ford Bridge, is classified as wild. The part of the Ellicott Rock section below the Cashiers quad description in this article will be covered when we get to the Tamassee quad.
Trails
There are four major developed trails in the Cashiers quad: the Upper Chattooga River Trail, the Bull Pen Bridge Trail, the Bad Creek Trail, and the Sloan Bridge Trail. Only part of the Bull Pen Bridge Trail and most of the Upper Chattooga River Trail lie within the Cashiers quad but will be described in full here.
The Chattooga River Trail runs south from a parking lot in the Nantahala National Forest near the Whiteside Cemetery on the Whiteside Cove Road, descending to the river below Green Creek down to connect with the Bull Pen Bridge Trail. This 6 mile trail offers spectacular views of Bull Pen Mountain and Chattooga Cliffs.
The Bull Pen Bridge Trail is a 1 mile loop trail from and then returning to Bull Pen Bridge on the west side of the river. The first part of the trail near the bridge is a rough, up-and-down hike, and then descends along the river for some spectacular scenery along the narrows. After about one-half mile, the trail turns back west and up to an old logging road, and then south back to the parking lot at the bridge. The trail has an elevation change of about 200 feet.
The Bad Creek Trail is a 3.5 mile trail that follows a ridge to the Ellicott Rock wilderness boundary, where it intersects the Sloan Bridge Trail and then descends to the river, intersecting the Chattooga River Trail. From this intersection it is only a short distance to the famous Ellicott Rock. The elevation change on the Bad Creek Trail is 800 feet.
The Sloan Bridge Trail is a 6.3 mile trail from Sloan Bridge at a parking lot on Highway 107, about one mile below the North/South Carolina state line, to the intersection with the Bad Creek Trail, and then onwards 1.2 miles to Ellicott Rock. The trail is moderate, and passes north of Fork Mountain (3,294) in the Ellicott Rock Wilderness Area. Sloan Bridge is also the origin of the Foothills Trail that runs northeast, 4.4 miles to Whitewater Falls, and southwest for 3.3 miles to the road leading from Highway 107 to the Walhalla Fish Hatchery. The elevation change on the Sloan Bridge Trail is also 800 feet.
History
The rich human history of Cashiers Valley, Grimshawes, Bull Pen, or the Pleasant Grove communities can not be covered adequately in this Cashers quad overview. Look for future articles in the Chattooga Quarterly about early settlers including the Norton, Alley, McCall, and Zachery families. Also planned are articles about famous early visitors to the area such as Andre Michaux, who was sent to America in 1788 by King Louis XVI and Queen Marie Antionettee to gather seeds and plants from the New World for the famous Parisian gardens of the Park of Rambouillet, explorer naturalists Ben Grosscup and Wilber Ziegler, who visited the Grimshawes homestead in 1883, the travels of geologist George Featherstonhaugh in 1837, and the raid on Whiteside Cove by Colonel George Kirk, who led a band of renegade Union soldiers and Confederate deserters known as “Kirk’s Raiders.” Other topics exploring the natural history and geology of the area will be addressed in a regional context in future articles. For more information about the natural and cultural history of the Cashiers area, see past articles in the Chattooga Quarterly including “General Wade Hampton III” (spring 1999), who established a summer retreat in the Cashiers Valley prior to the Civil War, “Green Salamander” (spring/summer 2001), that describes a rare disjunct population of salamanders that inhabit the Chattooga River watershed, and “The Walton War” (winter 2005), about the “Orphan Strip” where in the early 1800’s lawlessness prevailed in a disputed strip of territory of about 12 miles along the border of North Carolina, South Carolina and Georgia, until the famous survey by Andrew Ellicott.
Monday, October 6, 2008
Christmas In Cashiers.... But It's October???
Friday, October 3, 2008
Western North Carolina - Woman to cooperate with feds, admits stealing $12-milion
By Lucy Morgan, Times Senior Correspondent In print: Friday, October 3, 2008
Yolanda Serrano, 44, agreed to help in the case involving N.C. real estate.

]A Brevard County woman who bought property in a questionable North Carolina real estate development has agreed to cooperate with federal investigators as part of a plea agreement.
Yolanda Serrano, 44, pleaded guilty to wire fraud during a court appearance in Orlando on Tuesday, for a maximum prison sentence of 20 years. She admitted stealing more than $12-million from her employer, Southeast Petro Distributors of Melbourne. The money was transferred through internal computer systems at SunTrust.
As part of the bargain, Serrano promised to testify in investigations against others who are not named in the 18-page agreement.
Serrano was arrested by Brevard County sheriff's deputies, but the case was transferred to federal court because some of her transactions involved land in North Carolina and other cities and states.
Serrano used some of the stolen money to buy eight lots in Blue Ridge Mountain Estates, a development about 10 miles north of Cashiers, N.C. The property is being developed by Domenic Rabuffo, a resident of Miami and New York, who went to federal prison on mortgage fraud charges in 1994.
Rabuffo, buying most of his property in a former wife's name, says he is putting in a first-class development with houses that would normally sell for more than $2-million. The houses, all more than 4,000 square feet, are being sandwiched onto 1-acre lots on steep slopes. Neighbors say the project is an eyesore.
All of the lots and the 16 houses under construction are heavily mortgaged, with SunTrust holding about $34-million in outstanding mortgages. SunTrust has foreclosed on two of the lots Serrano owned and has filed suit against 13 other property owners, saying they lied about their income when applying for loans.
Serrano has signed deeds conveying all of the real estate she owned in Florida and North Carolina to her former employer. Her plea agreement requires her to make full restitution of the $12-million.
Times researcher Caryn Baird contributed to this report. Lucy Morgan can be reached at lmorgan@sptimes.com.


