Monthly Archives: February 2021
133 Fallsbury Road
Just listed in Irmo, SC 133 Fallsbury Road This beautiful 4 bedroom home was just listed in the heart of Irmo in cozy New Friarsgate! Minutes from wonderful shopping and restaurants with award winning Lexington/Richland Five schools! Featuring new paint throughout, a fenced in yard with storage shed in rear, fresh carpet throughout and stainless... Read More
How Much Leverage Do Today’s House Sellers Have?
How Much Leverage Do Today’s House Sellers Have? The Columbia housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same... Read More
176 Peak View Road
Just listed in Lexington, SC! 176 Peak View Road This remodeled home was just listed in Lexington’s Ridgecrest neighborhood! Featuring new flooring, appliances, neutral colors and a 5 year old roof – this is a home you will not want to miss! Come see the newly updated kitchen with white cabinets and new countertops/appliances. With... Read More
The Reason Mortgage Rates Are Projected to Increase and What It Means for You
The Reason Mortgage Rates Are Projected to Increase and What It Means for You We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last... Read More
Where Have All the Houses Gone?
Where Have All the Houses Gone? In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed... Read More
Home Mortgage Rates by Decade
Home Mortgage Rates by Decade Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these... Read More
New Price! 1110 Hulon Lane
New Price! 1110 Hulon Lane Now listed at $119,900. Come see this cute 3 bedroom / 2 bath home just behind Lexington Medical Center. This villa features new carpet, granite counters, and a tile shower. This is in a great location close to I-26 and I-20 and near a lot of shopping! Zoned for Lexington Two district... Read More
Will Low Mortgage Rates Continue through 2021?
Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low... Read More
3 Ways Home Equity Can Have a Major Impact on Your Life
3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the... Read More
Millennials: Is It Time to Buy a Bigger Home?
Millennials: Is It Time to Buy a Bigger Home? In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and invest in real... Read More