New Home Sales are on the Rise
According to this article on lowcountrybizsc.com, “Sales of newly built, single-family homes rose 5.7 percent”. Click below to read the article.
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According to this article on lowcountrybizsc.com, “Sales of newly built, single-family homes rose 5.7 percent”. Click below to read the article.
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With its gorgeous natural scenery and friendly people, South Carolina’s Low Country is a wonderful place to call home. It’s been that way for years, but a recent surge in manufacturing jobs has really sweetened the deal. In a recent report of the top 100 metropolitan areas in manufacturing, the Low Country area came in first. Finding a high-paying job in the Charleston-North Charleston-Summerville metropolitan area is a lot easier than it is in many other parts of the country. Learn more about the exciting growth in manufacturing in the Low Country area …
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Research by Doug Woodward, an economics professor at the University of South Carolina shows promising growth in the state over the next six months. This is great news for home builders in Charleston, SC. Charleston is being helped by jobs in professional and business services, which rebounded in full force and are back at 2007 levels. Already one of the top ten areas to live in the country, new homes in Charleston, SC are at very affordable levels. South Carolina coastal communities, new homes in Hilton Head, and along the Beaufort waterfront are seeing increased activity as well. Townhomes in Charleston continue to be in demand, as well as steady interest in West Ashley homes. These areas are also benefiting from hiring in education and health services, and from skilled, and often high-wage, manufacturing jobs being added by national and international companies.
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Low interest rates, as we all know, are making history. Last week, according to an article found on CNNMoney, “rates on both the 30-year and 15-year fixed loans fell to new records, at 3.89 percent and 3.16 percent, respectively, according to Freddie Mac.” The question, though, is how long will prospective buyers enjoy such low rates?
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In order to succeed in today’s market for new homes in Beaufort, South Carolina; a builder must understand the bigger picture. Beyond providing exceptional homes, Beaufort, SC is a unique market and many factors need to be considered. As with all real estate in SC, location, the condition of the local housing market, and the lifestyle of the buyer’s in that market must be considered. Exceptional customer service and sales professionals are a must in today’s market for homes in Charleston, South Carolina, and the surrounding areas. Manor House Builders of South Carolina has achieved great success by combining all of these factors in their community, Somerset Point at Lady’s Island. Somerset Point has become the community of choice for buyers looking for new homes in South Carolina.
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Buyers looking for real estate in SC have turned to townhomes in Charleston, SC as a great buy, and Ashley Park is the community of choice. A leader in the SC townhome market, Ashley Park offers beautiful two-story and tri-level townhomes. All homes feature expansive living quarters on the first level. Most of the town homes feature drive-under, two-car garages with plenty of space for storage. The mix of community features and the exceptional townhomes at Ashley Park have made this community a choice for anyone looking for townhomes in the Charleston, SC market.
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“The American Dream will continue to endure despite the catastrophic drubbing that the nation’s housing market has taken since 2005, Karl E. Case, an economics professor at Wellesley and co-creator of Standard & Poor’s Case-Shiller housing index, writes in the Sept. 1 issue of The New York Times.
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“A sophisticated new study from NAHB’s Economics and Housing Policy Group demonstrates that younger households benefit the most from housing tax incentives. This research counters the often-heard but erroneous claim that the mortgage interest deduction almost exclusively benefits high-income households. ”
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“Which housing markets are the best bets to recover first? We present our annual list of the 20 healthiest housing markets in the country. Housing economists have long held that the housing rebound, when it comes, will be uneven. The markets that benefit first will be the ones with the strongest core dynamics; places where house prices never got out of hand, cities where a diverse and progressive employment base drives job creation, towns that continue to draw population despite the economic recession.”
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“The seemingly endless run of bad housing news is discouraging some potential home buyers from considering a purchase. But the truth is that the advantages of home ownership have very little to do with investment gains. The best things about owning a home have a lot more to do with personal comfort and satisfaction.”
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