New homes from the upper $300s. Custom homes from the $500s.
Set on 1,700 scenic acres just minutes from beaches, shopping, historic Charleston and the heart of Mount Pleasant, Carolina Park began 2014 as the area’s most sought-after address. With new phases and new homes available now, things will only get better! Here’s the latest news from our community.
Whether you are a first time buyer or a move-up buyer, you should look at the projections housing experts are making in two major areas: home prices and mortgage rates.
Over 100 economists, real estate experts and investment & market strategists were recently surveyed. They were asked to project where home prices were headed. The average value appreciation projected over the next twelve month period was approximately 4%.
MORTGAGE INTEREST RATES
In their last Economic & Housing Market Outlook, Freddie Mac predicted that 30 year fixed mortgage rates would be 4.8% by this time next year. As of last week, the Freddie Mac rate was 4.14%.
What does this mean to you?
If you are a f...Read Full Post →