There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the current lack of supply. The survey asked title… Continue reading Why Are So Few Homes for Sale?
The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.
50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
The top rooms to stage to attract more buyers are the living room, master bedroom, kitchen, and dining room.
Market conditions around the country have presented an opportunity like no other for those who are looking to make the jump to a premium or luxury home.
The National Association of Realtors reports that national inventory levels
Look no further? Woodcreek Farms has everything you need and be close to the awesome features of the Columbia, SC area, yet tucked away from the hustle and bustle. The pleasures of this friendly, tight-knit community go well beyond the rewards of its picturesque setting. Indeed, they go beyond the boundaries of Woodcreek Farms. Members… Continue reading Relocating to Columbia, SC?
We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can… Continue reading The Importance of Home Equity in Retirement Planning
Down Payment – This is a portion of the cost of your home that you pay upfront to secure the purchase of the property. Down payments are typically 3 to 20% of the purchase price of the home. There are zero-down programs available through VA loans for Veterans, as well as USDA loans for rural areas of the country. Eighty percent of first-time buyers put less than 20% down last month.
Age Friendly Cities Posted on 03/7/2017 by Patrick Cobb | AARP South Carolina | Comments: 0 As the U.S. population ages and people stay healthy and active longer, communities must work to adapt. AARP’s Network of Age-Friendly Communities is a comprehensive approach to helping us prepare for aging communities. The goal of Age Friendly Communities… Continue reading Age Friendly Cities