Homes Fort Mill SC

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…)

People are still relocating but where are they relocating too? The Charlotte metro which includes the Fort Mill area is ranked 17th in the Top 100 cheapest places to live according to Forbes Magazine Lucy Maher.

Maher says;

Americans are swapping their expensive lives on the urban coasts and reaching for greener pastures elsewhere. North Carolina and Colorado are a magnet for newcomers.

The Charlotte metro area, although slower than the past years, is still gaining in population.

The Carolinas in general fared well (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…)

Here is a single family homes sales report for the Fort Mill SC area.

The data is for April 2009 single family home sales with a comparison to April 2008. The data is from the Charlotte MLS and the area is Fort Mill, SC which includes communities like Baxter Village, Springfield, Knigthsbridge, and other Fort Mill communities except for Tega Cay SC.

In April 2009, 27 single family homes sold in Fort Mill compared to 35 sold in April 2008 (more…)

It has been an interesting couple of days in regards to economic headline news. You might say the headlines have been more positive in nature. Which means better news to Fort Mill home onwers. Especially if your home is on the market. See for yourself.

Here is a list of positive headlines I wanted to share with you:

Wells Fargo expects record 1Q profit report by the Charlotte Business Journal.

Wells Fargo: Is This The Play On The Real Estate Recovery?
Wells Fargo’s big upside earnings surprise… report by CNBC. (more…)

The Stock Market was up Thursday but why? Many speculated the G20 conference proposal for heavier global bank regulation helped the market. What maybe the postive market trigger last Thursday was the FASB accounting rule change on how financial institutions value their assets. What does this have to do with the Fort Mill home market? Hold on let me explain.

Thursday FASB (Financial Accounting Standards Board) changed the market to market accounting rule that allows banks and other financial institutions more leeway on setting the value of their assets rather than valuing the assets at current market prices.  The market seemed to like this news. (more…)

Home Prices in the Charlotte Metro which includes Fort Mill and York County SC fell 8.2% in January 2009 compared to a year ago according to Standard & Poor’s/Case-Shiller January 2009 Home Price Index report released Tuesday. Their report commentary was negative saying the market…

shows continued broad based declines in the prices of existing single family homes across the United States, with 13 of the 20 metro areas showing record rates of annual decline, and 14 reporting declines in excess of 10% versus January 2008. (more…)

Whether you’re a current home seller, a home buyer, or a home owner many are asking me on a regular basis how home sales are doing in our Fort Mill and Tega Cay SC area. I try and post on a monthly or quarterly time period a home sales market report. Most of my reports are for the Fort Mill or Tega Cay “township” area. So you can subscribe to my blog newsletter and be informed on the homes sales market status on a regular basis.

Or better yet you can have a custom market report emailed to you monthly, automatically. I have a powerful free market report service called the “Market Snapshot”. Here is a current market report for home sales and listings in the zip code 29708 which is Tega Cay and a portions of the Fort Mill Township. The time period is a snapshot of the last thirty days ending January 21, 2009. The report request was for single family homes with 2 to 5 bedrooms and 1 to 5 bathrooms. (more…)