Cora Bett Southern Realty News

South Carolina 843.525.1100 Georgia 912.233.6000

Archive for the ‘Real Estate News’ Category

New Agent

John Jewell Joins Our Commercial Team Cora Bett Thomas Realty recently announced the addition of John Jewell to the commercial real estate team. As a commercial broker, he will act as the mediator between buyers and sellers, facilitating transactions in properties such… Read More

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2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling

Interest Rates & Home Inventory When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are… Read More

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Are We About to Enter a Buyers’ Market?

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for… Read More

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Mortgage Interest Rates are Still Going Up

… Should You Wait to Buy? Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another… Read More

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How Does the Supply of Homes for Sale Impact Buyer Demand?

The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index…. Read More

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Are Home Prices Softening or Are They Falling?

We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the… Read More

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What You Need To Know About The Mortgage Process

Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to… Read More

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How Long Do Most Families Live In A House?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As… Read More

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