11/20/2009 5:09:00 AM
Today's a celebration, a 3 year blogiversary
A few weeks ago, I celebrated the 1000th post to the Charleston real estate blog and today is the 3 year blogiversary of the very first post . It's been fun and thanks for stopping by and reading. But of all days, technology sometimes fails because I just ...
Views: 51
Comment
|
11/19/2009 5:06:00 AM
Foreclosures, short sales and bank owned properties [an overview]
Recently, a new reader commented that when I used the term "short sale", he didn't understand what it meant and thought it was just real estate "jargon". There is a lot of talk about foreclosures, short sales and bank owned properties ...
Views: 69
Comment
|
11/17/2009 2:16:00 PM
Charleston real estate mortgage rate outlook, November 17, 2009
Mortgage rates for either conventional or FHA 30 year fixed rate loans are currently quoted below 5% but how long will rates stay this low. Dan Green at The Mortgage Reports talks about 2 trends in mortgage rates. First, based on historical data from Freddie ...
Views: 54
Comment
|
11/16/2009 7:20:00 AM
Are your neighbors paying their HOA fees
Homeowner Associations are responsible for maintaining common areas of most neighborhoods and providing the amenities that many people enjoy. But not everyone is paying the HOA fee and that can cause problems. Since annual budgets are set up and fees are generally ...
Views: 57
Comment
|
11/14/2009 6:53:00 AM
Will the FHA be next to get a bailout
Jimmy commented yesterday about the problems at the FHA (Federal Housing Administration) and if that source of loans becomes unavailable, it could lead to another leg down in the housing market. After all, FHA loans have been a main source of mortgage funds ...
Views: 61
Comment
|
11/13/2009 6:20:00 AM
It is a buyers market in Charleston
... but don't expect to steal a home. There are some very good deals right now in the Charleston real estate market. Inventory remains high and there are lots of good choices for home buyers. You know it's a buyers market when the first thing that ...
Views: 73
Comment
|
11/11/2009 7:51:00 AM
Happy Veterans Day
Thank you to all the men and women who have served and are serving our country today. Raising the Flag on Iwo Jima by Joe Rosenthal, The Associated Press
Views: 61
Comment
|
11/11/2009 5:40:00 AM
More bad pictures from the Charleston MLS
We all know that almost everyone begins searching for homes for sale on the Internet and the most common complaint by potential buyers is that they would like to see more pictures. And while this may be a nice home, no one is going to know that from these ...
Views: 67
Comment
|
11/10/2009 7:25:00 AM
Charleston homes sell for less in some months
When you think about it, it makes sense that in the months with less sales activity, homes will sell for less. In the chart below, you'll notice that homes closing during November, December and February sold for less on average than any other months in ...
Views: 76
Comment
|
11/9/2009 8:12:00 AM
The home buyer tax credit
... made a big difference in the Charleston real estate market and while it was controversial to both expand and extend the home buyer tax credit or even have it in the first place, the home buyer tax credit will continue to be positive for the market over ...
Views: 82
Comment
|