- Keller Williams Review of Real Estate for November 2008
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See and hear the statistics for November's Real Estate Market for 2008. Charleston is improving faster than the country as a whole.
- Executive Homesite For Sale in River Watch
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Mt Pleasant close to Waterfront Park
• lot / land
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MLS®
$249,000 USD
River Watch, Mount Pleasant
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Looking to be in Mt Pleasant and close to downtown? This the location! River Watch is an infill project next to Molassas Creek subdivision with its private community dock for fishing, crabbing and relaxing on Hobcaw Creek. The lot is located in this quiet 29 unit subdivision. The subdivision is graced with many grand oaks and marsh views of Hobcaw Creek. The lot has been cleared leaving the many beautiful trees. It also has a privacy fence located in the rear of the property. Walk across the street to the dock and community park. There are marsh views from the front of the lot. Close to Remley's Point boat landing and the new Mt Pleasant Waterfront Park.
Property information
- Coming Soon - River Reach Lot For Sale
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Coming soon! A River Reach Lot for Sale near Hobcaw Creek and The Ravenel Bridge. River Reach is an in-fill community with stately homes close to town. Check back soon for more details and pricing.
- Holy Interest Rates Batman! - 4.875% 30 Year Fixed- Charleston SC
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As of last night, interest rates for a 30 year fixed mortgage have dropped to 4.875% with no points and no origination fees. These rates are at historical lows. I recommend you start the prequalifying process now and get a great rate. For more information and latest rates, call Bank of America Mortgage: Holly Hardy at 843-469-6151 or email: holly.hardy@bankofamerica.com Ashley Gallman at 843-297-0127 or email: Ashley.Gallman@bankofamerica.com
- Why it is Time to Buy Real Estate Now in Charleston SC
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In the past few weeks, I have seen many signs that we have reached a bottom in the Charleston real estate market and it is now time to buy.
Here what I am reading and seeing.
• Talk radio finance guru, Dave Ramsey is telling his radio audience this might be the best time in history to buy real estate.
• Jim Cramer of TheStreet.com, is calling the bottom for the real estate market. He previously was bearish on real estate.
• Interest Rates on a 30 yr fixed rate mortgage have dropped below 5%. This rate has not been seen since World War II.
• Housing prices have dropped below fundamental values nationwide.
• In Charleston, we are seeing bidding wars on distressed properties indicating a floor in home price values.
• The inventory of homes for sale in Mt Pleasant has quietly dropped by 20%! Mt Pleasant has been the leading indicator for real estate in Charleston and this is a positive sign for the Charleston Real Estate Market.
• December residential sales units are 25% greater than November’s. November 2008 appears to be the bottom for real estate sales in the Charleston area.
Here is what I recommend:
• Start the applying for a new mortgage. The loan officers will start to back up when the word gets out.
• If you are thinking about buying, narrow your search and make an offer. The best deals will go first.
For a detailed report on "Why it is Time to Buy Real Estate Now in Charleston SC" send me an email at jim@jimnear.com and I will send you the report.
- Jim Cramer: Bottom in the Real Estate Market
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Jim Cramer talks about the about the bottom in the Real Estate Market and 4.5% Mortgage Rates. See his video here. What do you think?
Click on Attachment to see the video.
- Keller Williams Charleston Best Buy List Dec 8th, 2008
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This week's best buy list has a home for sale in Harborgate Shores, Mt Pleasant SC for $200,000. On the high end there is a 7000+ sf resort home on Kiawah for $1,999,000. For more information on any of these properties or other properties, call Jim Near 843-754-5848 or email at Jim@jimnear.com
- Interest Drops Below 5% for 30 Year Mortgage
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Interest rates have dropped to 4.875% with 1 Point on 30 year fixed! (4.993% APR)*
Jumbos have dropped to 6.250% with 1 point in the last week! (6.377% APR)*
If you are thinking of buying or refinancing right now, I would suggest getting pre qualified now. These rates are approaching Pre World War II rates. No one know how this will last so it would be smart to the application process now. For more information and latest rates, call Bank of America Mortgage:
Holly Hardy at 843-469-6151 or email: holly.hardy@bankofamerica.com
Ashley Gallman at 843-297-0127 or email: Ashley.Gallman@bankofamerica.com
- Stono Ferry Golf Lot - Great Value
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Plantation at Stono Ferry, Hollywood
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Announcing a price reduction
on lot 19 Stono Links Dr, a single story. Now
MLS®
$139,000 USD
- Stono Ferry Value!.
Property information
- Charleston SC Mortgage Rates as of December 1st, 2008
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30 year fix mortgage rates are being quoted today at 5.375% with no points. With the large swings in the financial markets, I recommend you lock your loan once you are ready to buy.
- Coming Soon - Stono Links Lot For Sale
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Coming soon... one of the best values in Stono Ferry! Cleared .36-acre lot overlooking the Stono Links 18th fairway. One of the last lots overlooking the 18th fairway in Stono Ferry, buy now and build later. Walk to clubhouse for golf or for something to eat. Very quiet neighborhood with community swimming pool, lighted tennis courts, horse stables, and polo field. Stono Ferry is a gated community that is has acres of common areas wooded and pastures giving the area a country feel yet close to everything. Shopping, dining and medical facilities nearby including Wal-Mart, Pulbix, Home Depot, Lowes, and many more.
- Keller Williams Realty Charleston SC Real Estate Best Buys Nov 28th, 2008
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Here is the Keller Williams Realty Real Estate best buy list for the Charleston SC area for the week of Nov 28th, 2008. Call or email for more information any of these best buys. If you are looking for a REO (bank owned) or short sale property, give me a call or email your needs.
- 30 Year Mortgage Interest Rates Dropped Today!
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The bell weather 30 year mortgage interest rates dropped significantly today. I saw quotes for a 30 year conforming loan with no origination fees and no points drop to as low at 5.375%. At the end of the day they had moved up to 5.625%. Wow what a market. If you nee a quote for refinancing or a new mortgage call me today (843-754-5848) for the latest information.
- Major Price Reduction - 5 Acres on Tidal Creek
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Yonges Island, Meggett - Announcing a price reduction on 4667 Summit Plantation Rd, a 2,178 sq. ft., 2 bath, 4 bdrm single story. Over 5 Acres on tidal creek. Call today. Now MLS® $449,000 USD - Major Price Reduction.
Property information
- Interesting Billboard -- Extra Income for Real Estate Agents
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This sign is posted on Johns Island near Seabrook Island.
Great opportunity for real estate agents to earn some extra income! Sidi has a sense a humor.What do you think?