Friday, October 17, 2008

Western North Carolina - Catamounts

WCU



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 few 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


A big thanks to Traci Morreale Strub for posting this great article about the Highlands Market. Traci has been visiting the area for years and will vouch for the untouched natural beauty of the area.


Traci Morreale Strub

HIGHWAY 64 rises on the one-hour drive from Asheville, N.C., to the Highlands-Cashiers Plateau (including Lake Glenville) the Blue Ridge Mountains.
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 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.
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 3,500 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.
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.



For More Information Contact The Blue Ridge Summit Group at 828-743-7077 or 404-394-7144







Thursday, October 16, 2008

The HIghlands Cashiers Mortgage Market


Mountain Village mortgage sends out weekly updates on the Cashiers Highlands mortgage market. These are Jim Mullen's latest findings and his opinion on what is happening and what we can expect here in the western North Carolina Mountains.


This has been another wild week. The 30 year conforming fixed rate is now 6.250% and the 15 year rate is 5.875%. This is up from last week but still at a historically low rates. The experts feel the markets will level out soon.

The current market conditions make it more important than ever for your purchasers to discuss their mortgage needs with a trusted mortgage counselor as early as possible. I can be reached at night and on weekends on my cell 828 200-9168.

Mortgage Time Mortgage Market News for the week ending October 10, 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 East Sapphire, NC 28774
Cell: (828) 200-9168
Events This Week:
Fed Funds rate cut
Pending Sales rose
Trade Deficit lower
Import Prices fell
Events Next Week:
Wed 10/15 PPI Retail Sales
Thur 10/16 CPI Industrial Prod.
Fri 10/17 Housing Starts Sentiment

Stocks Fall Further
This week the stock market fell to the lowest level since 2003. Normally mortgage markets improve during a stock market decline, since Fannie Mae, Freddie Mac, and Ginnie Mae mortgage backed securities (the vehicles through which most mortgages made today are sold) are considered a relatively safe haven. This week, however, the prices paid for these securities moved lower as well. One reason is that some investment funds have been forced to reduce their leverage and sell nearly every asset class in their portfolios. Another factor is investor concern that the supply of debt will increase significantly as the government funds its rescue actions. Mortgage rates ended the week moderately higher.
Investors viewed the $700 billion rescue plan passed last week as a necessary first step, but not an immediate solution to the credit crisis. Governments around the world took a variety of additional steps during the week to support the banking system. A historic coordinated interest rate cut from many central banks took place on Wednesday. The Federal Reserve lowered the Fed Funds rate by one half point to 1.50%, citing reduced inflationary pressures due to an economic slowdown and falling energy prices. The Fed Funds rate heavily influences short-term interest rates, but its impact on long-term mortgage rates varies based on inflation expectations. In this case, the Fed rate cut most likely helped move mortgage rates a little lower, but the factors described above had more influence.
The decline in home prices was a major cause of the credit crisis, and stabilization in the housing market will be important to resolve the problems. Little noticed this week, August Pending Home Sales jumped 7% from July, far above the consensus for a small decline. They were 9% higher than one year ago and were at the highest level since June 2007. Pending Home Sales are a leading indicator for the housing market, meaning that the next Existing and New Home Sales reports may show increases. Investors will be closely watching future housing market data to see if the trend continues.


Also Notable:
Fed Chief Bernanke predicted that inflation will moderate "pretty significantly"
In August, consumer borrowing declined for the first time in more than a decade
The Dow was down about 40% from the record high levels seen in October 2007
Oil prices fell to $80 per barrel, down from $147 per barrel in July

Average 30 yr fixed rate:
Last week:
+0.03%
This week:
+0.20%
Stocks (weekly):
Dow:
8,216
-2,470
NASDAQ:
1,581
-438


Week Ahead
The Economic Calendar will be full next week. The Consumer Price Index (CPI) inflation report will come out on Thursday. CPI looks at the price change for those finished goods which are sold to consumers. The Producer Price Index (PPI) will be released on Wednesday. PPI focuses on the increase in prices of "intermediate" goods used by companies to produce finished products. Retail Sales is also scheduled for Wednesday. Industrial Production, an important indicator of economic activity, will be released on Thursday. Housing Starts will come out on Friday. Consumer Sentiment, the Philadelphia Fed index, and the Fed's Beige Book will round out a busy week. Investors will also be watching for additional government actions to ease credit markets. Mortgage markets will be closed on Monday in observance of Columbus Day.

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.

Tuesday, October 14, 2008

Cashiers and the Chattooga River

Here is a great article by Buzz Williams talking about the Cashiers Quadrangle. The Chattooga watershed area has some of the most amazing natural wonders you could ever hope to see. Wether your just coming to visit or your looking to make the Cashiers area you home you will surley want to read this.


Buzz Williams




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, mineral 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.
For more information contact The Blue Ridge Summit Group at 828-743-7077 or 404-394-7144

Monday, October 6, 2008

Christmas In Cashiers.... But It's October???



The Divide at Bald Rock is bringing Christmas to the Mountains just a bit early this year. Our model home is being furnished for Christmas. We will be hosting the Lynn Monday Designer Christmas Showhouse through the end of the year. Just follow the road signs for your early slice of Christmass this year. It is a home that is sure to get you in the Christmas Spirit.
Come enjoy fresh baked cookies and hot apple cider any time Wednesday through Sunday in October. Just follow the "Fall into Christmas" signs.
We are expecting a spectacular leaf season this year with all the reds, gold's and oranges flaming bright. Come join us for an early Christmas this year....
LYNN MONDAY DESIGNER CHRISTMAS SHOWHOUSE

For More Information Contact The Blue Ridge Summit Group at 828-743-7077 or 404-394-7144






Friday, October 3, 2008

Western North Carolina - Woman to cooperate with feds, admits stealing $12-milion

Woman to cooperate with feds, admits stealing $12-milion
By Lucy Morgan, Times Senior Correspondent In print: Friday, October 3, 2008




This article appeared in the St. Pete Times about some shady happenings in the Western North Carolina Mountains. I hope all of these people see jail time. This is NOT how we do buisness in the Western North Carolina Mountains.

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.

Thursday, October 2, 2008

Cashiers.... A Top Ten Retirement Destination



Top Ten Small Towns To Retire To


A great article shedding some light onto Western North Carolina's active retirement scene...




Elizabeth Lewis, Feature Writer



When the time comes to retire, many people dream of retreating to the quiet life of a small town--preferably one conveniently located near the amenities of a larger city. For people looking for just such a situation, North Carolina is a haven. The state offers a slew of choices that can fulfill any prerequisite hopeful retirees might have: quiet life, outdoor activities, good weather, top-notch medical care, cultural events, easy access to major highways...you name it. What follows below, and in the related college-town feature, is our look at just a few of the many options that await you in North Carolina.
Highlands/Cashiers
Legend has it that, in 1879, developers Samuel Kelsey and Clinton Hutchinson took out a map and drew two lines--one connecting New York to New Orleans, the other connecting Chicago to Savannah. The men believed the spot where the lines intersected would be the ideal location for a vacation town. That spot was Highlands, N.C.
It turns out Kelsey and Hutchinson were right. And all the things that make it a wonderful place to vacation make Highlands, and nearby Cashiers, the perfect place to retire.
Located at the southern tip of the Blue Ridge Mountains, near the point where North Carolina, South Carolina and Georgia meet, Highlands and Cashiers offer a pleasant climate, clean air, fantastic shopping and the natural beauty of the mountains and numerous waterfalls.
The Highlands Country Club features a world-renowned Donald Ross golf course, which has been played by many golf legends. The course record is still held by Bobby Jones, who maintained a summer home at the club. Highlands also is home to the Highland-Cashiers Hospital, recognized for its excellent staff and modern facilities.
Cashiers, which has only one stoplight, is home to the High Hampton Inn and Country Club. The rustic retreat features cabins covered with shaggy chestnut bark, horseback riding, water sports on Lake Hampton, mountain climbing and gold.
Currently Highlands has a permanent population of about 2,000, but each summer that number jumps to 25,000. (In Cashiers, those numbers are 1,250 and 9,000 respectively.) During their summer vacation, those tourists can expect cool temperatures. During July, the average low is 56 degrees; the high 76 degrees. The residents who stick around for winter can expect an average low of 24 degrees and an average high of 42 degrees in January.
The great weather is perfect for outdoor activities of all kinds and the Nantahala National Forest provides ample opportunities for hiking, fishing, hunting, camping and more. The Great Smoky Mountains National Park and the Blue Ridge Parkway also are within driving distance of Highlands.
If you're interested in more cultural pursuits, each summer Highlands is home to an annual music festival and the Highlands Playhouse has performances throughout the season. If you're interested in continuing your education, Western North Carolina University is in nearby Cullowhee and Elderhostel offers a summer program each year.
For more information about how to make the Cashiers Highlands Plateau your retirement haven contact The Blue Ridge Summit Group at 828-743-7077 or 404-394-7144