Homes Fort Mill SC

Loan officer Olan Carder with American Security Mortgage sent out a video today to real estate agents with a couple mortgage tips or recommendations. Here is recap of Olan’s message…

Olan’s first message is about potential home buyers. If you are waiting for the new year to make a home purchase decision or closing, you may want to know mortgage rates are inching up slightly. Olan sees momentum in the bond market to move rates up in the future. So you may want to consider locking in a rate now in case there a chance rates go higher the first of the year.

Another mortgage tip is about mortgage tax deduction if you closed on a home this year. (more…)

ALDI, a more than 1000 store grocery chain, posted a banner this week their new store location on Hwy 160 and Vandora Springs rd in Fort Mill will open January 13, 2011. The new store has been under construction for several months and appears to be completed but is sitting idle until January.

ALDI opened their first store in southeastern Iowa back in 1976 and now has more than 1,000 grocery store locations in 31 central and east coast states. Their slogan is “honest to goodness savings” on the items you buy the most. If you have not been to an ADLI, the first thing you’ll find different is you’ll have to pay 25 cents to use a shopping cart. (more…)

FHA has reduced the UFMIP and increased the annual MIP… what does this mean for your buyers? Is conventional the king again or is FHA still the best way to go for most first time buyers? See my Fort Mill Mortgage video update for Oct 2010.

http://youtu.be/c-JRCg4Ymtg

Tega Cay Real Estate | Lake Shore Subdivision

New Price: $385,000

Address: 1939 Newberry LN Tega Cay, SC 29708

Bedrooms: 5, Bathrooms: 4

4,407 sq ft, Acres: 0.469

York County

Schools: Riverview (Elem), Fort Mill (High), Gold Hill (Junior)

Truly a value! Great home with room for all, including formals, gourmet kitchen, hardwood flooring, guest suite with full bath on main level, large master suite, generous secondary bedrooms, four full baths, huge third story bonus room perfect for a home office, rec room, media room etc. Home is located on a cul-de-sac street within walking distance to parks and lake. Wooded lot backs onto park.
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How about some good news for our area? Manpower released their Manpower Employment Outlook Survey Results this week. Their report for the Charlotte metro (MSA) which includes York County SC (Fort Mill, Tega Cay, Lake Wylie, Rock Hill), shows of the metro employers surveyed, 16% plan to hire between October and December. Among the national employers surveyed, the Charlotte Metro is ranked fifth best in the nation.

The Q 4 hiring news is good news since the same survey results for 2009 Q 4 was -6%. The rest of the survey indicated 76% of local employers surveyed were planning to maintain staff levels while 5% plan to decrease staff levels. (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%.

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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…)