Peter Franklin

USPS Postmark Changes & Real Estate

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Important USPS Postmark Changes: Safeguarding Your Real Estate Transactions in Western North Carolina

At Foxfire, we're committed to guiding our clients through every aspect of buying and selling property.  That's why we're sharing this timely update based on a recent Wall Street Journal article (dated January 8, 2026) about significant [...]

Mortgage Rates Drop! Time To Buy, Sell or Refinance

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Mortgage Rates Drop, Opening Refinancing Opportunities for Area Homeowners

As one of the brokers at Foxfire Real Estate, I’m excited to share these encouraging insights from yesterday’s Wall Street Journal article by Ben Eisen and Veronica Dagher (Sept. 2, 2025) about the falling mortgage rates and their impact on homeowners, sellers, [...]

The Foxfire Report for 4th Quarter of 2022

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The Foxfire Report

 

December of 2022 saw a total of 38 properties sold for a total monetary value of $5,712,784.00.

There were 18 homes sold, along with 15 parcels of land and 3 commercial properties.  

 

November of 2022 saw a total of 58 properties sold for a total monetary value of $8,827,000.25.  

There were 31 homes sold, along with 26 parcels of land and 1 commercial [...]

The Foxfire Report for Mitchell County, June & July 2022

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Real Estate sales and transfers along with building permit data is one of the main economic indicators to the viability and success of an area.  Spruce Pine and Mitchell County as a whole is the place we love and call home, and we as property owners have chosen this ground to stake our most valuable investments.  We have fervent desires to not only be successful and safe, but to provide a future for our posterity based on our faith, morals, and beautiful clean environment.  We seek a progress worthy of our mountain heritage, independence and hard working industriousness in this American high country that claims our life, liberty and the pursuit of property.

Foxfire Real Estate and Elite Marketing is the dominate firm in this area, and as such we are active community stakeholders dedicated in our service to promote a healthy real estate market that serves for the betterment of all Mitchell County.  With our knowledge and expertise in marketing we are uniquely positioned to serve as advocates for the success of the individuals that make up this wonderful town and county. 

Dual Agency In North Carolina Explained

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The National Association of Realtors has noted that a growing number of buyers desire to work directly with the listing agent on properties.  In NC, this creates a relationship that the state defines as “Dual Agency.”  Another way of looking at it is that the “Dual Agent” is both the “Seller’s Agent” and “Buyer’s Agent” combined.

Many persuasion pieces have been written to encourage buyers to always use a Buyer's Agent because of a supposed difficulty the Dual Agent may have in advancing the interests of both the buyer and the seller.  Supposedly a Dual Agent’s loyalty is divided between parties with competing interests.  This is simply not true, especially for real estate agents working in North Carolina.

Choosing The Right Lender

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One of the most important decisions in home buying is which bank or lender to use for financing.  Very often the bank you have accounts or auto loans with is not the best choice.  Consulting your Foxfire Real Estate Broker is the first step in choosing the right lender.

At Foxfire we know which banks will loan on what types of homes (stick-built, log cabins, modular, double-wide, etc.); which banks are known to be speedy in closing on a transaction; and which banks use competent underwriters and appraisers and also those that will allow for appraisals to be transferred if for some reason a particular lender cannot produce the needed loan.