Sales increasing year after year

January 20th, 2017

Sales in real estate are increasing year after year.  This is great news and presents many opportunities for both sellers and buyers.  There are many reasons for these increases.  One reason is simply supply.  We are still sitting at around a four month housing inventory supply which can favor sellers verse a neutral market of around six months.  Another reason is the recent raise in the interest rates by the Federal Reserve.  This created a wave of people who are no longer waiting, but taking action. In other words, more demand.

The National Association of Realtors’ most recent Existing Homes Sales Report  illustrated that sales are up in five out of six price ranges that they monitor.

Homes priced between 100k and 250k have shown a 20.7 % increase year after year.   Surprisingly, homes priced between 750k to 1 mil saw the largest increase of 43.2%.  As prices in many markets continue to rise, it is not surprising to see the percentage of homes in the higher price ranges increasing. The illustration below is provided by Keeping Current Matters.

Change in sales

Change in sales by category

Do not sit on the side lines wondering if owning your home is a good move. Prices are increasing due to demand and supply.  Owing real estate is a good tool to build your wealth.  We can help you find the home you are looking for.

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit ArbieTurnerHomes.com. We specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Arbie Turner Homes Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://ArbieTurnerHomes.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

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List now in 2017 – start with a bang

January 13th, 2017

List now in 2017, so you can start the year with a bang.  If you have been thinking that this may be the year to sell, now is the time to act.  The decision to list your home for sale, can be a hurdle.  There are many factors that can post pone or accelerate the goal of listing your home. Some people usually think of Spring to sell, but it is different and we can show why.  While traditionally Spring is usually thought to have a higher volume, we can see change ahead for 2017.

When we look back and compare, there have been two major differences.  Lately the Federal Reserve raised rates.  This created a wave of people who are acting now, before rates are raised again.  For some buyers, a small interest rate hike, can force them out of the market.  For others, they may not get as much house as they wanted.  The second reason is simply housing inventory.  We are now in a seller’s market, where there are literally more buyers than homes. When you have more people looking to buy, demand for your listing goes up. This is a great opportunity to list your home now.  Benefit from more traffic and less inventory. List now and start 2017 with a bang.

So how much have the inventory levels changed? Below is a chart provided by Keeping Current Matters that breaks down the inventory by category.

Listing Type Change

Listing Type Change

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To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit ArbieTurnerHomes.com. We specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Arbie Turner Homes Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://ArbieTurnerHomes.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

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Build your wealth

January 6th, 2017

Build your family wealth.  Some people call it a little nest egg, some people call it investing either way the goal is the same to build wealth.  Of course there are several financial options available, some carrying more risk than others.  One part of building your wealth should be to own real estate. You should free yourself immediately from your landlord and start paying your mortgage and not his.  If you already own your primary residence, maybe a rental would be a good move.  Using real estate to build your family wealth is a smart move.

Over the next five years, home prices are excepted to rise or appreciate by 3.24% per year on average and to grown by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. Below is an illustration provided by Keeping Current Matters that breaks down the anticipated growth in home equity wealth utilizing Pulsenomics‘s data.  This example is based on a couple who purchase a home for 250,000, showing that real estate can build your wealth. Over a five year period, a total of 43,000 in equity wealth has been gained.

Build your wealth

Build your wealth with real estate

Do not sit on the side lines wondering if owning your home is a good move.  Owing real estate is a good tool to build your wealth.  We can help you find the home you are looking for.

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit ArbieTurnerHomes.com. We specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Arbie Turner Homes Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://ArbieTurnerHomes.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/ArbieTurnerHomes

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

 

Sell now in Winter, not Spring

December 30th, 2016

Sell now in Winter, not Spring.  When some people consider selling their home, they can typically think of the Spring or Summer seasons.  And they would not be wrong.  Traditionally Spring and Summer have higher volume and can offer some flexibility with timing.

But do not be fooled, selling in Winter does have one rock solid advantage, competition. Yeah, it comes back to competition or supply.  In fact, the prices, the customer volume and the housing inventories are all affected by supply. It really is the simple accounting principal of supply and demand.  What is important is, to use this principal for your advantage.

According to The National Association of Realtors (NAR), the supply of homes for sale dramatically increases during every Spring.  Below is an illustration provided by Keeping Current Matters which breaks down the housing inventory for the first five months of 2016.  This clearly shows that Winter is truly the time to sell, because there is less competition.  When there is less competition, your home stands out.  This could lead to a multiple offers and a faster closing.

Inventory Levels

 

As you can see, every month that gets warmer the competition grows.  Now is the time to act.  Position yourself to benefit from lack of competition, and make your home stand out.  We can help you make it happen, contact us today!

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit ArbieTurnerHomes.com. We specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Arbie Turner Homes Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://ArbieTurnerHomes.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/ArbieTurnerHomes

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

Americans are moving to the Carolina’s

December 23rd, 2016

Americans are moving to the Carolina’s.  This is great news. People are on the move, and the secret is out.  In fact, only Oregon saw a higher number of Americans  moving to their state for a solid three years in a row.  South Carolina had a strong ranking of #2, while North Carolina reached #5.

Where are Americans moving from?  Well it appears that the North East Region has seen a high level of out bound traffic for over four years. Poor New York and New Jersey who get the reward of the top two states that people are moving from.  Another important factor are the Boomers who are retiring and headed to warmer areas.

Yearly United Van Lines performs it’s National Movers Study.  The below illustration is provided by Keeping Current Matters.  This graphic breaks down by state the rate of movement per state.  Both North and South Carolina show a high inbound traffic flow. This is a great opportunity for both sellers and buyers.

York County South Carolina is a special place, with all sorts of entertainment, education and outdoor activities for everyone.  A great resource for a calendar of local events and a free visitor’s guide is available on http://www.visityorkcounty.com/. We have deep roots in York County and can help guide you to communities that match your needs.  We can make moving better!

Where Americans are Moving

Where Americans are Moving

 

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit TurnerGroupSells.com.  Here at Turner Real Estate Group we specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Turner Real Estate Group Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://Turnergroupsells.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/TurnerGroupSells

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

Why you should own

December 16th, 2016

Why is home ownership better than renting?   After all, why should you own your own home? Maybe you have been standing on the side lines, wondering if now is the time to buy.  The fact is, now is a good time to buy.  Even though interest rates have been raised slightly, rates are still at historic lows.  Here is an illustration provided by Keeping Current Matters, breaking down the interest rates over time.

Rates by decade

Rates by decade – a powerful reason to own real estate 

As you can see, interest rates are at historic lows. A great opportunity to grow your wealth.

But payment is not the only consideration you should have when you choose to own you home. There are plenty of other reasons to buy soon. Here is a short list of some great reasons for you to own your home instead of renting.

  • Mortgage payments can be fixed, while rental payments typically go up.
  • The equity you build can be a financial tool for the future.
  • Generally, you can build wealth without paying capital gains.
  • A mortgage payment can act as a forced savings payment.
  • Overall, homeowners usually enjoy great wealth growth than renters.

 

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit TurnerGroupSells.com.  Here at Turner Real Estate Group we specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Turner Real Estate Group Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://Turnergroupsells.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/TurnerGroupSells

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

Why you need a real estate agent

December 9th, 2016

Why do you need a real estate agent?  Housing inventory is still low, which may lure you into believing that you do not need to hire a real estate agent.  Do not be fooled.  Do not waste your equity and money, because you have worked hard for it.  On average, most the upside down equity issues for homeowners has been dissolved.  This brings opportunity to sell and relocate for more people.

One of the major obstacles with trying to sell your home on your own, verse hiring a real estate agent, is the numerous people you will have to negotiate with.  This is no small feat.  In fact, for an average real estate transaction you may have to schedule and negotiate with up to eleven people/service providers.  Here is a sample list of some professionals which can be associated with the transaction:

  • The buyer who wants the best deal.
  • The buyer’s agent who is hired to only have the buyer’s interest at heart.
  • The buyer’s attorney. (This may not be in all states)
  • The home inspection companies, who are hired by the buyer to find repairs for the seller to fix.
  • The termite inspectors, especially if there is a problem.
  • The buyer’s lender, some loans will require more work for you.
  • The appraiser
  • The surveyor
  • The homeowners and flood insurance companies.
  • The title company and chain of title issues.
  • Local town or city officials who may require some permits or CO’s.
  • Homeowner Association
  • Your bank, in case of a short sale.

There is yet another reason to hire a real estate agent, one that can be overlooked. Wouldn’t you rather have someone on your side, if you run into trouble?  Would you know how to deal with a title company, or your bank?  Just because the housing inventory is low and it is a good time to sell, you should hire a real estate agent to help navigate any issues.

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit TurnerGroupSells.com.  Here at Turner Real Estate Group we specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Turner Real Estate Group Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://Turnergroupsells.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/TurnerGroupSells

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

Family Moving after selling

Family Moving after selling

The truth about FICO score

December 2nd, 2016

The truth about FICO score can finally be revealed.  There is no reason to continue to wonder what is really going on.  A recent study showed that homeowners have an inflated view on what is required to get a mortgage in today’s market. This is actually good news because more people can qualify for a mortgage, they just may not know it. That is why it is important to spread the word, and make sure that old myths are quelled.  In fact, most of the loans that were closed mid year had an average score of less than 750.

Ellie Mae’s Vice President, Jonas Moe recently encouraged buyers to know their options before assuming that they do not qualify for a mortgage: “Many potential home buyers are ‘disqualifying’ themselves. You don’t need a 750 FICO Score and a 20% down payment to buy.”

Fannie Mae CEO Tim Mayopoulos also has said:  “I do think that there’s a sense out there in the marketplace among borrowers that credit may not be available, especially for people with lower credit scores.” 

Below is an illustration provided by Keeping Current Matters, showing the breakdown of the Fico Score Distribution in closed loans. What is important to see if that over 50% of the loans closed had a Fico score less than 750.

Fico score

Fico Score

Below is a little video, we hope you will enjoy.  Remember that being pre-approved before shopping is a very important step.  Pre-approval allows you to shop with confidence, and submit stronger purchase bids. Of course, Fico scores are important, but shouldn’t stop you from inquiring.  Home ownership may be closer than you think.

 

 

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit TurnerGroupSells.com.  Here at Turner Real Estate Group we specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Turner Real Estate Group Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://Turnergroupsells.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/TurnerGroupSells

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

 

 

Happy Thanksgiving

November 24th, 2016

Happy Thanksgiving

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit TurnerGroupSells.com.  Here at Turner Real Estate Group we specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Turner Real Estate Group Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://Turnergroupsells.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/TurnerGroupSells

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

pilgrim

Shopping – Better make a list

November 18th, 2016

A good strategy used when shopping for real estate, is to make a list of the all features you would like to have.  With so many ways to shop and all sorts of videos, it is important to know exactly what you want.  This is a very important step. Knowing exactly what you are looking for gives you an edge over other buyers who may not. According to the National Realtor Association, we have less than six months housing inventory available.  This current inventory level can favor the seller, so make your move fast.

When you are considering what is important to you when looking for a home, being detailed is very helpful.  Here is an example:

  • “Must-Haves”.  This list is of features that are required.  If a home does not have these features, they should not even be considered.  (ie. number of bedroom, bathrooms, location)
  • “Should-Haves” If the property has all of the above features, plus some of these features it should be left for consideration. The more the property has the better.
  • “Absolute Wish List” If the property is in budget, has all the “Must- Haves” and most of the “Should-Haves” and any of these features, it is a winner!

When you have compiled your lists you will have a very good idea of the type of home you are looking for.  While some people will want a bigger home, others are looking to downsize.  Do not forget to get a pre-qualification from a lender before you go shopping.  Because while shopping if you see a winner, you will be able to quickly act. A pre-qualification can make your purchase offer stronger in the eyes of the seller.

The housing inventory changes daily, which is why you need a full service real estate agent on your side.

Turner Real Estate Group has deep ties to the community, we can help you find your next home.

 

Click here to view featured property scroller.

To schedule a showing, just “click” on picture and complete form.

We would like to invite you to visit TurnerGroupSells.com.  Here at Turner Real Estate Group we specialize in the Rock Hill, Fort Mill, Indian Land and Tega Cay areas of South Carolina. We have made available tours of subdivisions in each city for your review. We are deeply knowledgeable of these areas, which is why you want to choose us for your real estate needs.

We work hard for our customers.

Provided Courtesy of Turner Real Estate Group Keller Williams Fort Mill SC

Hire a positive and proactive team of Realtors to help find your next home!

For more information please visit:  http://Turnergroupsells.com

Call or text 803-207-7051

Looking for a new home: http://arbieturner.newnha.com

Like us on Facebook!  https://facebook.com/TurnerGroupSells

View our channel https://www.youtube.com/channel/UCrHhsqvC-3mZ_CC

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