Charleston SC Real Estate News

Charleston SC Real Estate News, Information for buyers and sellers

Obama HARP Expansion Builds on New Refi Momentum This informative article was Written by: Steve Cook on Wed, January 25, 2012 Beyond Today’s News, Crisis Programs, Housing Crisis In his State of the Union speech last night, President Obama announced he will push for legislation that will significantly expand the newly revised HARP program that allows underwater homeowners who are to refinance at today?s historically [...] Fannie Mae sees 2012 home sales up 3.5% to 4.74 million This story was written by ANDREW SCOGGIN and appeared on housingwire.com as a Featured Article on Friday, January 13th, 2012. It is another positive perspective of the Real Estate Market for 2012. It does look like it could be a Strong Year. The housing sector will likely take incremental steps forward in 2012, though total [...] 30-year Fixed-rate Mortgage Matches All-time Record Low The following article was found on the Freddiemac web page and tells the story of how Home Loan Mortgage rates are at an All Time Low. What a wonderful time to buy a home. MCLEAN, Va., Jan. 5, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), [...] Increased Lending and More Loan Modifications and Short Sales, Key to Recovery, Say REALTORS® This great article was published on Realtor.org and contains some great information about the Recovery of the Real Estate Market. In Charleston, we are slightly ahead of the National Curve. Locally we are seeing Strong buyer presence and great mortgage loan rates for qualified buyers. We are also seeing a very improved turn around time [...] Housing Market Rebound Seen in 2012 RE/MAX Agents See a Recovering Housing Market in the New Year. Denver, CO ? The U.S. housing market will continue a slow recovery in 2012,led by stabilizing home prices and increasing sales. Those are among the key findings of a year-end survey of one thousand RE/MAX real estate agents who say housing?s vital signs are [...]