Fort Mill, SC Real Estate News

Foreclosure.com is reporting 263 foreclosure listings for York County SC which is down from April 23rd’s 292 reported foreclosure listings. There are 180 bankruptcy listings in York County.  The York County area includes Fort Mill, Tega Cay, Lake Wylie, Rock Hill, Clover, York SC. Elsewhere as of May 7th: There are 1,310 foreclosure listings in Mecklenburg County, NC. There are 5,531 foreclosure listings reported in the state of South Carolina. National there are 492, 646 reported  foreclosure listings. All of this weeks reported foreclosures listings are down... read the rest of the article at Homes Fort Mill Carmen S Miller Century 21® First Choice 206 Rockmont Dr | Fort Mill, SC 29708 C: 803-322-3479 carmen@carmensmiller.com www.homesfortmill.com
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By Carmen Miller
(Miller Realty Group)
I put together a single family homes sales report for the Fort Mill SC area for your review. The data is for March 2009 single family home sales with a comparison to March 2008. The data is from the Charlotte MLS and the area is Fort Mill, SC which includes communities like Baxter Village, Springfield, Knigthsbridge, and other Fort Mill communities except for Tega Cay SC. In March 2009, 36 single family homes sold in Fort Mill compared to 51 sold in March 2008 which is an approx decrease of 29%. The average days a home is on the market has increased 23% to 133 days. The sale price to listing price percent is at 96% of listing price. There are currently 789 single family homes for sale listings in the Fort Mill area on the Charlotte MLS service.  581 are active listings in the combined Y...
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By Carmen Miller
(Miller Realty Group)
It has been an interesting couple of days in regards to economic headline news. You might say the headlines have been more positive in nature. Which means better news to Fort Mill home onwers. Especially if your home is on the market. See for yourself. Here is a list of positive headlines I wanted to share with you: Wells Fargo expects record 1Q profit report by the Charlotte Business Journal. Wells Fargo: Is This The Play On The Real Estate Recovery? Wells Fargo’s big upside earnings surprise… report by CNBC. Retailers see signs of optimism despite 2.1% sales drop report by the GlobeSt.com. Obama sees “glimmers of hope” in economy report by Reuters. Read the rest of the Story at Homes Fort Mill.  
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By Steve Schwartz, Charlottenulls Premier Real Estate Videographer and Photographer
(AmazingVideoTours.com)
  ------------ ©2009 - AmazingVideoTours.com - All Rights Reserved. Any use of this photo, including reproduction, modification, distribution or republication, without the prior written consent of Amazing Video Tours, is strictly prohibited. Amazing Video Tours offers photography and full motion video marketing solutions to Realtors, and other individuals with property to sell, lease, or rent.  A departure from the old fashion 360 Virtual Tour, Amazing Video Tours takes online property marketing to the next level.
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
Most buyers will sell their homes within 5-10 years due to expanding families, job transfers, or other factors.  Keep an eye out for features that will fetch top dollar in any housing market.  Here are a few features to look for: Look to the view:  Homes with an unencumbered view of nature or city lights sell higher than comparable homes without a view.  The more the merrier:  Demand for homes with three or more bedrooms and at least two and a half bathrooms is greatest. Busy landscaping:  Avoid property that is over-landscaped.  The money you'll invest to keep it up may outweigh the impact on property value. Pool profits:  A pool can yield hours of family fun but don't expect it to increase resale value.  The expensive upkeep and safety issues regarding young children and pools may red...
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By Pam Wilder
(A Virtual Genie)
Cape Coral, Florida.  As CBS News called it this morning - "Ground Zero of the housing crisis" last year.  But one Realtor is turning that tide with an innovative approach to marketing foreclosures.  Marc Joseph of Foreclosures Tours R Us is shepherding literal boatloads of potential buyers to multiple waterfront foreclosures at one time.  He is making change happen at a local level that has the potential to create a positive ripple effect across the whole nation. Click here for the CBS News article.  (The photo is courtesy of CBS as well.) What an inspiration!  As I watched the story this morning it made me think about what I'm doing to help the economic situation.  Here in Fort Mill, SC my partner Markelle Harden and I are offering a free monthly listing tour to local agents.  We meet...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Over 55 Active Adult Community Four Seasons at Gold Hill (Lake Wylie SC) Over 55 Active Adult Community by K. Hovanian- If you’re retiring soon or are retired, love to fish and boat and looking for low SC taxes, here’s an active adult, over-55 community that's just right for you! Four Seasons at Gold Hill is just off of I-77 and only 18 miles from Uptown Charlotte, Four Seasons at Gold Hill has it all—managable sized homes with plenty of storage, all the upgrades, sunrooms and porches, handicap accessibility if you need it, low HOA fees and lots of amenities!  About 300 families reside in Four Seasons, why not you? Google Map to Four Seasons at Gold Hill, (s only 18 Miles To Uptown Charlotte)!   Live near the lake and near Charlotte’s AAA baseball team, the Charlotte Knights.  Convenien...
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There is always something that needs a homeowner's attention, including yard maintenance, appliance maintenance, plumbing, electrical and much more!  It all can be very overwhelming; some important things are often forgotten.   The most common appliance maintenance issue often overlooked by homeowners is the clothes dryer.  We throw in a load of wet laundry, set the dial and take it for granted as it usually gives us the result we are looking for; dry clothes.   Unless you're one of the unfortunate people who have experienced a dryer fire you probably don't give it much thought.  Do you know that over 15,000 dryer fires are reported annually?  Almost every one of these fires is caused by failure to maintain with proper dryer vent cleaning.   Your dryer duct system removes the moisture, ...
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The most common appliance maintenance issue often overlooked by homeowners is the clothes dryer   Fort Mill, SC - At a recent workshop for homeowners, Emilie Benvegna, owner of dryer vent wizard spoke about appliance maintenance, mainly, clothes dryers.  "Over 15,000 dryer fires are reported annually; most of these fires are a result of improper maintenance.  Your clothes dryer is more likely to start a fire than any other appliance in your home; yet, many consumers are not aware of the importance of annual dryer vent cleaning."   Emilie explained that the lint screen only catches about 60 percent of the lint removed from laundry.  This means that nearly 40 percent becomes trapped in the dryer duct system.   Emilie said, "As lint builds up, air flow is restricted; therefore, heat and mo...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
Getting your house ready to list on the market can be a stressful time, but the really stressful time occurs when they house is actually on the market.  Sellers need to be ready at all times for a potential buyer to call wanting to set up an appointment.  This means keeping the house picked up at all times and being willing to leave on a moments notice so real estate agents can bring buyers in.  Many times appointments will be made last minute because while driving buyers may notice a house for sale that was not on their list and they may be interested in looking at the home.  If sellers are not willing to accommodate a last minute request the prospective buyer may leave and not come back.  Keep in mind all it takes is one buyer and a seller does not want to let any potential buyer get ...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
Are you a full-time professional real estate agent? How long have you worked full time in real estate? How long have you been representing buyers? What professional designations do you have?Knowing whether or not your agent practices full time can help you determine potential scheduling conflicts and his or her commitment to your transaction. As with any profession, the number of years a person has been in the business does not necessarily reflect the level of service you can expect, but it is a good starting point for your discussion. The same issue can apply to professional designations. Do you have a personal assistant, team or staff to handle different parts of the purchase? What are their names and how will each of them help me in my transaction? How do I communicate with them?It ...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent's knowledge of the overall market and what's selling - or not selling - will be invaluable in helping you determine the price. The objective is to find a price that the market will bear but won't leave money on the table. Here are some points to consider: Time. Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
Sellers need to pay particular attention this time of year when it comes to the outside appearance of their home if trying to sell.  Many prospective buyers will drive by and if there is no curb appeal these potential buyers will be less likely to make an appointment to come in and look at the rest of the home.  There are some simple tips that will add great value and bring potential buyers inside. *  Keep the lawn mowed.  Check the local forecast and don't let your grass appear overgrown due to days with rain.  Be aware of the forecast and mow your lawn as needed so it remains neat and manicured. *  Plant fresh flowers and plants in your natural areas around the home and don't forget the appeal of flowerpots on the porch with fresh plantings.  If plants die replace them and don't leave...
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Do you need a professional level Virtual Tour for one of your listings? We provide interactive floor plan based tours for agents and would love to add you to our site as a featured Realtor for your area. See some samples we did in Lexington, South Carolina by clicking on the photo below. Once page loads open up a tour by clicking on click to open home.
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
This may be your opportunity to live in your dream home! Remember when you bought your current home, you really wanted to buy that dream home, but it was out of reach. With prices lower than never before and interest rates at all time lows ,this may be the time when that dream home is within reach! The money you may "lose" on the sale of your current home you can be more than made up on the ownership of your dream home! Let's sit down and take a look at your options before this opportunity passes you by for good. The door is open and its up to you to step through and make it happen.  Contact us today at Rock Hill Homes  
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By Carmen Miller
(Miller Realty Group)
The Stock Market was up Thursday but why? Many speculated the G20 conference proposal for heavier global bank regulation helped the market. What maybe the postive market trigger last Thursday was the FASB accounting rule change on how financial institutions value their assets. What does this have to do with the Fort Mill home market? Hold on let me explain.   Thursday FASB (Financial Accounting Standards Board) changed the market to market accounting rule that allows banks and other financial institutions more leeway on setting the value of their assets rather than valuing the assets at current market prices.  The market seemed to like this news.   Read the rest of this post at http://homesfortmill.com/fort-mill-news/fort-mill-home-market-may-benefit-from-fasb-rule-change/  
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By Carmen Miller
(Miller Realty Group)
  The Fort Mill in York County SC may get a economic boost next fall with the addition of a new Fed Express distribution facility. Fed Ex Ground, York County officials , and The South Carolina Department of Commerce all announced Fed Ex Ground will open a $14 million regional distribution center in northern York County, S.C., in October.  The distribution center could generate about 22 full time jobs and up to 200 combined part-time positions and independent contractors. The 113,000-square-foot facility will be built in Crescent Resources’ Lakemont Business Park, off Interstate 77 at Carowinds near the South Carolina and North Carolina border. FedEx Ground was founded in 1985 and specializes in small-package ground shipping. Post is from http://homesfortmill.com/local-information-fort-m...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
There seems to be a lot of confusion among consumers these days when they are trying to understand short sales and foreclosures. Many consumers think these are the same things with the same results.  This is not true.  A sale of a house in which the proceeds fall short of what the owner still owe on the mortgage is a short sale.   Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes.  For many homeowners this is a good option and allows them to keep their credit somewhat intact vs having to have a bankruptcy on their record.  T...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
It is definitely a buyer's market, but if you don't have realistic expectations as either a buyer or a seller this can be a disappointing time.  Due to the current state of the economy homes are not selling for as a high a price as they may have a couple of years ago.  Having said that, if you are selling and buying you need to remember that even though the house may not sell for the price you are hoping you can recoup on the buyer side of the transaction and end up purchasing more house than possible a couple of years ago.  Be realistic with your expectations and take the emotion out of the deal.  Understand the market in your area and understand that the goal is to offer fair deals to buyers and sellers.  Many people trying to sell their home will believe their home is worth a certain...
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By Tim Guilliams, Real Estate and Relocation Consultant
(Rinehart Realty)
Seems today that the whole world is on sale.  Use this to your advantage particularly if you are shopping for a mortgage.  Banks and lending companies are working hard for your business and there are many incentives that are being offered that consumers need to research, understand and seek out.  On the market today there are a tremendous number of incentives that continue to pop up each day for first time home buyers plus with the $8000 tax credit there are few downsides in making your first home purchase.  It is not uncommon for financial institutions to offer special incentives for educators and many financial institutions are offering special programs in an effort to get consumers to invest in real estate.  Even if you have been with a financial institution or particular lender for ...
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