News for Homebuyers

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?

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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.

Beaufort County named one of the nation’s ‘100 Best Communities for Young People’

BEAUFORT – Beaufort County won national recognition today as one of America’s Promise Alliance’s 100 Best Communities for Young People for its comprehensive menu of initiatives to help young people. The competition recognizes communities across the country that focus on reducing high school dropout rates and providing service and support to their youth.

"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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