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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Carolina Lakes. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 980-721-1996
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| Average Home Price | $225,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $600,000 - $649,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Carolina Lakes is | Decreasing |
| Seller Activity for the past 90 days in Carolina Lakes is? | Increasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 0-5% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Carolina Lakes! |
| Nearest Metro Area | Charlotte |
| Housing Hot Spots | Most cities within the Lancaster County area are considered ’Housing Hotspots’ |
| Average Sold Price | $225,000 - View Graph Trend |
Carolina Lakes Local News
News for Carolina Lakes, SC - July 28th, 2010 11:43am
Mortgage Rates to Stay Low, Goldman Predicts
Investment bank Goldman Sachs recently predicted that mortgage rates won't rise much when the Federal Reserve ends its purchases of mortgage-backed securities at the end of March.
Part of the reason is that demand for mortgages is low, says Goldman analyst Sven Jari Stehn. What would drive up mortgage rates, he says, is a decision by the Fed to sell the mortgage backs it holds, but that isn't likely to happen anytime soon, he believes.
Source: The Wall Street Journal, Emily Friedlander 03/05/2010
Contact Information
Sid Hoffman
980-721-1996
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Sid Hoffman
Wilkinson & Associates Real Estate
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 980-721-1996
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