Biltmore was proud to be part of the "Spare Some For Autism" sponsor team that helped raise $25,000 for Autism.

Biltmore Homes was proud to be part of the "Spare Some For Autism" sponsor team that recently helped raise $25,000 for Autism as this is a great cause. For those of you living in Heritage Knoll you probably witnessed Tony building the kids house that was up for auction - lucky for the kids Tony got the roof on just in time before the rain came!

Spare Some for Autism was recently founded in Raleigh, NC, by a local CEO and mother of an autistic daughter, Beth Jarvis. Very familiar with giving back to her community, working with celebrities, and running a highly successful charity event, as the founder and former Tournament Director of the Jimmy V Celebrity Junior Golf Classic, Beth decided it was time to turn her attention to a cause that hits a little closer to home…

Five years ago, Beth’s daughter, Cameron, was diagnosed with Autism Spectrum Disorder (ASD). As a twin, Cameron was always a few steps behind her sister, Carly, and even though the mental and physical gap has lessened over the years through special attention and training, the differences are still apparent. Determined to get some answers, Spare Some for Autism is the result of Cameron’s loving spirit, Beth’s will to provide a better life for her daughter and other children with autism, and the entire autism advocacy community’s journey to provide answers and, ultimately, a cure, for this devastating disorder.

Get involved with Spare Some For Autism as a sponsor or as a volunteer. To learn more about how to get involved or to donate to this great cause please visit http://www.sparesomeforautism.org/donate

If you wait for the bottom you will probably wait too long!

If you work in the real estate market as a realtor, mortgage loan officer, builder, appraiser, etc then you have no doubt had a conversation in the last 3 months about "when will we see a bottom?" and the good news is that many signs are pointing to that answer being right now - especially here in North Carolina!  

One of the Biltmore preferred lenders sent us an email today with some news that we wanted to share as the quote to start the newsletter said it all - "IF A WINDOW OF OPPORTUNITY APPEARS, DON'T PULL DOWN THE SHADE." Tom Peters. 

• On Wednesday, the Fed announced that over the course of 2009, they will purchase an additional $750 Billion of Mortgage Backed Securities, as well as $300 Billion in long-term Treasuries, primarily to help shore up the housing market and keep home loan rates low.  It's important to understand that while their actions may keep a lid on rates moving higher, they may not cause them to move dramatically lower. 
• While we know there is little inflation at the present time, the chatter of future inflation could have a negative impact on Bonds and home loan rates, or at least stifle any improvements.
• Housing Starts for February came in better than expected and actually increased for the first time in eight months. In addition, Fed Chairman Bernanke stated the recession should end in 2009 and that he is confident of the long-term outlook for the US economy.
  

Although the media is already spinning it differently, this is not a time to stay on the fence, hoping and waiting for lower rates. Home loan rates remain within inches of all-time historic lows, but may not necessarily move significantly lower based on this purchasing plan - waiting is a very risky move.

Biltmore Homes has great inventory and pre-sale opportunities in our new home communities so contact us as we look forward to working with you!

Built For Life!

 - Team Biltmore

A special thanks to Denise Beatty at Wells Fargo for sharing the great above information. 

Fix It Up...Sell It Faster!

There is know doubt that today's market is challenging but with any challenge there is always a solution.  Here at Biltmore we like solutions and one solution that we love to provide is remodeling & additions!

A lot of folks these days want to buy a new home but they get overwhelmed with how much work needs to be done to their current house in order to have in tip top shape, get noticed and get sold! Deciding to take advantage of this buyers market and low interest rates is where you come in - getting your house in great condition to sell is where we come in!  

Biltmore recently went into a house (see pictures) that had been on the market for over a year and updated the kitchen, bathrooms, master closet and finished it off with a fresh coat of paint and already showings and those important 2nd showings have increased. The real estate agent we worked with is confident the house will soon be sold.  

If your house is currently on the market or if you are thinking about putting it on the market then consider making a small investment to get your house remodeled and ready to make a great first impression on buyers!  Please visit our website to learn more about Biltmore's Remodeling division as we can not only build your new dream home but we can help get your old one sold!

Built For Life!

 - Team Biltmore

Snow Day in March but Spring is Coming!

For those of you who love snow and are thinking about moving to North Carolina then don't worry - snow days do happen - but usually not in March. But yesterday the Triangle was blanketed with about 3-5 inches of snow depending on where you live. Schools were closed, many businesses were shut down which meant that kids and parents alike were given a surprise Monday off to enjoy the day either inside or outside.  Much of the Biltmore team used the day to catch up on much needed office work!

Driving around though the Biltmore team did take notice that the neighborhoods looked very pretty and peaceful with a blanket of snow (melting snow by the end of the day) covering them.  Here you will see pictures of snow covering many sections of Biltmore's Heritage Knoll.  

The moral of the story is that if you love snow then North Carolina does get that occasional snow storm that will fill your needs.  If you are like many of us though who move to North Carolina to get away from the snow then don't worry as we only get 1 or 2 snowstorms every couple of years.  And best of all it melts quick as for example this weekend is supposed to be up into the 70's.  And there is no better feeling living in a great place like North Carolina on a 70 degree day in early March while you watch much of the rest of the country still freezing and dreading at least 4 more weeks of winter!  

Now is a great time to relocate to the Triangle region of North Carolina and when you do so please keep Biltmore Homes in mind as we have great inventory homes available for immediate move in or can build your new dream home specifically for you!

Happy Snow...and Happy Spring all in the same week!

Built For Life!

 - The Biltmore Homes Team