John Vesco's (johnvesco) Blog

The House is expected to vote on a bill Thursday that would let bankruptcy judges erase some mortgage debt for troubled homeowners and shield mortgage servicers modifying loans from bondholder lawsuits. Rep. Brad Miller (D-NC) said the provisions should prod mortgage companies to loosen home loan...

Property Type/Area Units Volume AverageSale Price MedianSale Price Avg. Diff.SP to LP Avg.DOM Avg. CDOM Residential 58 $11,919,409 $205,507 $190,000 - $13,568 209 216 Adams Creek 0 $0 $0 $0  $0 NA NA Atlantic Beach 3 $1,006,800 $335,600 $331,800 - $55,967 226 226 Beaufort 7 $1,425,820 $203,689 $...

We Should Fix Housing Before We Fix Anything Else'Four months after Congress tried to rescue the economy with a $700 billion bailout for the financial industry, Republicans and Democrats are now working diligently to bail out financially struggling homeowners. Follow the link below to see what's ...

WASHINGTON (Reuters) - Pending sales of existing U.S. homes rebounded in December, data showed on Tuesday, as buyers waded back into the market to take advantage of lower prices and mortgage interest rates. The National Association of Realtors Pending Home Sales Index, based on contracts signed i...

The real estate magazine for owners and brokers today confirmed that the way John Vesco Real Estate is operating is the future of real estate . Contact John Vesco today at john_vesco@coastalnet.com for your pdf attachement for the 7 page article called "A new way of thinking" Would you also like ...

As you know from the area news outlets and the Federal Register, a significant development occurred this week that impacts the future of MCAS Cherry Point and, therefore, our region.  The Navy has begun the process for determining where to base the F-35 Joint Strike Fighter (JSF).  Out of approxi...

Since christmas the real estate activity is picking up. We have noticed a upturn in appointments being made for showing and homes going under contract.   John Vesco John Vesco Real Estate www.johnvesco.com