News for Home Buyers

Click on the links below for some informative articles regarding the New Home Industry. Happy reading!

Take Advantage of Record Low Rates before They Rise

Low interest rates, as we all know, are making history. Last week, according to an article found on CNNMoney, “rates on both the 30-year and 15-year fixed loans fell to new records, at 3.89 percent and 3.16 percent, respectively, according to Freddie Mac.” The question, though, is how long will prospective buyers enjoy such low rates? Read more about it in this article from RISMedia...

Success at Somerset Point

In order to succeed in today’s market for new homes in Beaufort, South Carolina; a builder must understand the bigger picture. Beyond providing exceptional homes, Beaufort, SC is a unique market and many factors need to be considered. As with all real estate in SC, location, the condition of the local housing market, and the lifestyle of the buyer’s in that market must be considered. Exceptional customer service and sales professionals are a must in today’s market for homes in Charleston, South Carolina, and the surrounding areas. Manor House Builders of South Carolina has achieved great success by combining all of these factors in their community, Somerset Point at Lady’s Island. Somerset Point has become the community of choice for buyers looking for new homes in South Carolina. Read More...

Ashley Park, Perfect Spot at the Perfect Time

Buyers looking for real estate in SC have turned to townhomes in Charleston, SC as a great buy, and Ashley Park is the community of choice. A leader in the SC townhome market, Ashley Park offers beautiful two-story and tri-level townhomes. All homes feature expansive living quarters on the first level. Most of the town homes feature drive-under, two-car garages with plenty of space for storage. The mix of community features and the exceptional townhomes at Ashley Park have made this community a choice for anyone looking for townhomes in the Charleston, SC market.
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"Economist Karl Kase Says American Dream Is Alvie and Now Is The Time To Buy,” National Association of Home Builders, September 6, 2010 

"The American Dream will continue to endure despite the catastrophic drubbing that the nation's housing market has taken since 2005, Karl E. Case, an economics professor at Wellesley and co-creator of Standard & Poor's Case-Shiller housing index, writes in the Sept. 1 issue of The New York Times.
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"Younger Households Get Most From Housing Tax Incentives,” by Robert Deitz, NAHB Tax Economist

"A sophisticated new study from NAHB's Economics and Housing Policy Group demonstrates that younger households benefit the most from housing tax incentives. This research counters the often-heard but erroneous claim that the mortgage interest deduction almost exclusively benefits high-income households. "
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"The 20 Healthiest Housing Markets for 2010", by Boyce Thompson, Builder Magazine

"Which housing markets are the best bets to recover first? We present our annual list of the 20 healthiest housing markets in the country. Housing economists have long held that the housing rebound, when it comes, will be uneven. The markets that benefit first will be the ones with the strongest core dynamics; places where house prices never got out of hand, cities where a diverse and progressive employment base drives job creation, towns that continue to draw population despite the economic recession."
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"5 Reasons HomeOwnership Trumps Renting", by Ron Lieber, The New York Times

"The seemingly endless run of bad housing news is discouraging some potential home buyers from considering a purchase. But the truth is that the advantages of home ownership have very little to do with investment gains. The best things about owning a home have a lot more to do with personal comfort and satisfaction." Read more...

"Southern Charms", by Kelly Greene, The Wall Street Journal 

"Suzanne Hardie found herself drawn to Charleston, S.C., and its pedestrian-friendly, antebellum waterfront after wrapping up her chemical-engineering career with Procter & Gamble Co. She had been living in a small German city, where she walked everywhere and enjoyed the historical charm." Read more...