CEO, Patty Scarafile announced yesterday that Carolina One Real Estate will be the primary relocation company for Boeing employees. “This is a wonderful opportunity for our company to meet the needs of the many families that will be relocating to our area during the construction phase, and final opening of the new plant that will be located in North Charleston”.

If you have a home to sell it is a perfect opportunity to list it with Carolina One Real Estate to ensure that your home is in front of agents who have their hand on the pulse of this huge relocation effort.

Congratulations Carolina One Real Estate and welcome to Charleston Boeing! We look forward to helping you make our home your home!

According to the Charleston Business Journal September was a good month in residential home sales. However, the prices continue its downward slide. With foreclosures up 11% I am sure that is contributing to the lower price of homes. South Carolina ranks 24th in foreclosures in the nation. Short Sales are also affecting the price of homes. This trend is expected to continue through out 2010 and possibly into 2011.

Historically low interest rates and the decrease in prices continue to produce a buyer’s market even though the $8,000 tax credit will expire on November 30th.

Another great opportunity to purchase a home and receive the $8,000 Tax Credit from the stimulus plan! This property is near the Air Force base and close to Summerville and North Charleston! Click here to see information on The Park at Rivers Edge!

This is the news we have been waiting for! Click here to see the video that shows the improvement in the housing market. Positive numbers, higher new home starts and still low interest rates. This is the market we have been waiting for! Great news!

According to the most recent data, it appears we may have hit bottom in the housing crisis! After one of the worst housing recessions anyone can remember since the great depression, things appear to be improving!  Click here to read the entire story.

What does this mean to consumers? To sellers it may be the beginning of the end of stagnant sales, declining prices and maybe, just maybe the ability to get more for their homes than the previous year. However, the experts are saying that we may be bouncing around the bottom through the end of the year. What does it mean to buyers? In my opinion it means they better get their buns in gear and BUY A HOUSE!  It is the beginning of the end for this strong Buyers Market. With the housing market improving it could also be one of the first signs that our economy is starting to rebound out of the recession. What happens after a recession?  Inflation and interest rates go up! Basic economics!

All in all it is good news. After what we have experienced over the last two years, it shows how important the housing industry is to our economy.

For those of us who have weathered the storm we will be able to look back and say, “I remember the worst housing disaster in our history”! Looks like we made it!

The government released reports on Monday showing that new home sales have soared to the highest level in over nine years. The report came after the National Association of Realtors reported for the 3rd straight month an increase in existing home sales. The last time this happened was in 2004 , during the last housing boom. Looks like the this is a sign that we have finally hit the bottom! Click here to read the entire story.

Finally! GOOD NEWS regarding Real Estate! Click here to read the latest on how the $8,000 tax credit is increasing traffic and sales in our local real estate market!

President Obama has released the information regarding the new Mortgage Modification Program. This will help people who have lost their jobs and/or have had a reduction in income due to the economy, and are experiencing a hardship. Click here to read more about this very important information. Be sure to tell your friends and family who may be able to take advantage of the Modification program.

According to the SCBIZ website home sales were up in February.  The Multiple Listing Service at the Charleston Trident Association of Realtors also confirmed higher than average showings for February with numbers near summer time highs. Click here to read more.

Carolina One Real Estate is hosting a seminar on Thursday, March 19th at 6:00 pm.  Learn why RIGHT NOW is the time to buy! Huge inventory and low interest rates plus the government will give you $8,000 just because you bought a house!  Don’t wait until the recession is over! That is traditionally when interest rates are higher and home prices start climbing!

Casual atmosphere to learn about how you can add cash to your pocket by purchasing a home!

Call 574-3123 for more information! Tell your friends and family! There is a deadline and you don’t want to miss out on this fantastic opportunity!