Did you know?? Did you know you do not need to save 20% of the purchase price of a house for a down payment in order to be ready to purchase? When a home is purchased, the actual cost to purchase the house is the sale price + the closing costs (closing costs can vary but are in the neighborhood of 3% of the purchase price). Traditional ?Conventional? mortgage loans (the most commonly known) Continue Reading about DID YOU KNOW? Brought to you by Penny Sheppard
I strive to provide you with information that I hope you will find useful. Below is a real estate market update for March 2014. The chart represents the average listing price for homes in the Fort Mill and Tega Cay real estate market. The data is from the Piedmont Regional Multiple Listing Service and represents the average listing price trends for the last 12 months in zip codes Continue Reading about Fort Mill & Tega Cay Average Listing Price March 2014
Just Sold (September 2012) by Carmen Miller Century 21 First Choice in Tega Cay, SC. 2076 Emerald Pines. This Tega Cay home for sale: Had 6 offers. Was under contract in less than sixty days. Closed in less than 90 days. Sold at a price that was 97.8% of the list price. While every home will have it's own selling history this one, I believe, is an example of a market shift for our Continue Reading about Tega Cay Home Sales Picking Up!
The National Association of Home Builders?released?a report this week indicating 99 housing markets are showing measurable improvements. The Charlotte Metro, which includes the York County SC area, was one of the 99 markets on the March improved Index list. The index identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house Continue Reading about Charlotte Metro Housing Market Makes Improved List
Above is a summary of ?Tega Cay single family homes sales for 2011. The information was prepared using data from Carolina (Charlotte metro) MLS. Homes. According to CMLS data, 25 more homes sold in Tega Cay in 2011 compared to 2010. The number of days on the market reduced 15%. Average homes sold prices were down 2% from last year but the list price to sold price ratio was flat holding near Continue Reading about Recap Of Homes Sold In Tega Cay SC For 2011
Pictured are Tega Cay homes recently sold or pending by Century 21 First Choice Realtor Carmen Miller. Over 100+ homes have sold in Tega Cay this year. Our area home market is seeing?approximately?a 40+% decrease in inventory of?homes?listed for sale compared to last year at the same time. Tega Cay homes priced under $300,000 are selling in under 90 days on the market and averging 95% list to Continue Reading about This Could Be The Best Time To Sell Your Tega Cay Home
Post From Loan Officer Olan Carder This is always the million dollar question. I get asked more than anything else, "Where are rates? Where are rates going? What are rates about to do?" This is a tough question for the average loan officer because although we deal with rates all day everyday, many loan officers don't understand the economic factors that drive rates or frankly don't have Continue Reading about WHERE ARE RATES HEADED? Update Fort Mill Mortgage Rates
National home sale contracts off 30 percent in May 2010 compared to April 2010 as reported by the National Realtor Association. Not a big surprise based on the fact that the home buyer tax credit deadline was April 30th. So how did Tega Cay home sales do for the first half of 2010? I broke home sales out by two periods. The first period is January thru April 2010 compared to the same period in Continue Reading about Tega Cay Homes Sales Up 47 Percent May and June 2010