July 2015 National Housing Trends

The Charleston, South Carolina area is a great place to live or have a vacation home. The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country. It is because of these reasons that I believe Charleston SC Homes are truly unique. I look forward to helping you with any of your Charleston SC Homes For Sale needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

Charleston SC Homes For Sale : July 2015 National Housing Trends

Charleston SC Homes For Sale : July 2015 National Housing Trends

Owner-Occupants Drive Housing Market in June, Boosting Non-Distressed Home Market
 
Current homeowners and first-time homebuyers increased their share of home purchase activity as the summer started, according to results from the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. The demand from owner-occupants helped improve various metrics for non-distressed properties.
 
Current homeowners accounted for 47.6% of purchases in June, based on a three month moving average, up from a 45.6% share in June 2014. First-time homebuyers accounted for 38.3% of home purchases in June, a level last seen in 2010 when first time homebuyer activity was boosted by a federal tax credit.
 
The investor share of home purchases has declined significantly, hitting just 14.1% in June. As recently as March, investors accounted for 18.7% of purchases and they had a 17.2% share in June 2014. 
 
Trends in home prices and an expected increase in interest rates have helped spur home purchases by owner-occupants, according to industry participants. “The first time homebuyer has entered the market in a good way,” said an agent in Arizona.  “They are concerned with the possibility of being priced out of the market again with home prices rising and the possibility of interest rates going up.”
 
Demand from owner-occupants along with limited inventory have prompted a significant increase in sales-to-list price ratios for non-distressed properties. The sales-to-list price ratio for non-distressed properties was 98.5% in June, the highest reading for the metric in more than five years. In the previous two years, sales-to-list price ratios for non-distressed properties topped out at 97.8%.  Learn more about the July 2015 National Housing Trends here.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Homes For Sale needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Homes For Sale anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

July 2015 Charleston SC Housing Newsletter by Carolina Joe Idleman

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe that Charleston SC Homes are truly unique.  I look forward to helping you with any of your here at Charleston SC Homes For Sale we look forward to meeting all your real estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

Charleston SC Real Estate For Sale:  July 2015 Charleston SC Housing Newsletter by Carolina Joe Idleman 

Charleston SC Real Estate For Sale:  July 2015 Charleston SC Housing Newsletter by Carolina Joe Idleman

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends July 2015 Newsletter http://carolinajoe.housingtrendsenewsletter.com 

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your Charleston South Carolina Metro area home, click the “Home Evaluator” link for a free evaluation report:

http://carolinajoe.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours,

Carolina Joe Idleman