Homes Fort Mill SC

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 prices for at least six consecutive months. (more…)

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 96%. (more…)

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 sales price ratio. (more…)

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 time to pay attention to it.

Fortunately I subscribe to a wonderful service that keeps me informed on these factors and world economic events. Although no one can predict for certain what the future may hold, I do get great predictions from well informed experts, and they are typically very accurate.

Right now they are advising folks to FLOAT their interest rate (more…)

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 2009. The number of Tega Cay SC homes sold was up 27% or 19 homes sold compared to 15 in 2009. The sales price to list price was up one point from 95% to 96%.

(more…)

Since we are coming to the close of the 2009 year, I prepared an analysis of home sales in Tega Cay SC comparing total home sales in 2009 to home sales in 2008. Although there are a couple weeks left in 2009, there will not be many closings occurring before the new year to significantly impact the 2009 sales numbers.

I have split Tega Cay homes sales into two categories. The first split is homes sales under $400,000. The second split is home sales over $400,000. I split the analysis in these two groups because the majority of the activity in Tega Cay and in the Fort Mill area is occurring with home sale transactions below $400,000.

Tega Cay Homes Sold Under $400,000

77 homes sold in Tega Cay 2009 under $400,000 compared to 97 homes in 2008. (more…)

Its time for the Fort Mill real estate homes sales update for May 2009. The report is specifically f0r May 2009 single family homes sales in the Fort Mill SC and Fort Mill township area.

The report compares May 2009 single family home sales to May 2008. The homes sales data is from the Charlotte MLS (multiple listing service) and the area is Fort Mill, SC which includes communities like Baxter Village, Springfield, Knigthsbridge, Hamilton Place, Indian Land and other Fort Mill communities except for Tega Cay SC. (more…)

Its time for your May 2009 Tega Cay SC home sales report.

The data is for May 2009 single family home sales with a comparison to May 2008. The data is from the Charlotte MLS and the area is Tega Cay only which does not include communities like Baxter Village, Springfield, Knigthsbridge, and other Fort Mill communities.

May Tega Cay home sales increased in May from April. The number of homes sold in May 2009 was 7 compared to 4 homes sold in April.  Comparing May 2009 to May 2008, the quantity of homes sold was the same at 7. (more…)