Columbia SC Real Estate & Business Report

By
Real Estate Agent - Russell & Jeffcoat Real Estate Corp.
Most of what is written here will pertain to real estate and economic issues pertaining to the Columbia SC area, although I may sneak in a story or two about baseball or the universe or good service received at a restaurant. I represent sellers of existing homes and buyers of new and existing homes in the Columbia SC area.

ARCHIVED BLOG POSTS

2010 

How To Throw Away $100,000 It's very easy.  Rent a house.     Columbia, SC     I was talking with a would-be home buyer the other day and he couldn't commit because of dropping home prices.  He said he was paying $850 per month rent for his house.  If he rents for 10 years he has thrown away $100...
08/24/2010
Introducing The New Bank Of America Doctor Loan A new program from Bank of America Home Loans called the Doctor Loan is for licensed, practicing doctors, including dentists and other medical professionals. This home loan offers significant advantages for these buyers: as little as 5% down on mort...
08/18/2010
Another Leading Indicator Rises Another leading indicator of U.S. commercial construction spending rose in July, as recently reported by the architects' trade group. The American Institute of Architects (AIA) said The Architecture Billings Index was up 1.9 points last month to 47.9.  A reading ab...
08/17/2010
3.4 Acres For Sale On Garners Ferry Road in Hopkins, SC Beautiful rolling, heavily wooded acreage on Garners Ferry Road just past the traffic light on Horrell Hill 3.4 acres of mature hardwoods and 60'-80' pines with 334 feet of road frontage The lot is almost rectangular in shape and the deepest...
08/14/2010
Leading Economic Indicator Jumps The good news express keeps rolling on.    Yesterday the SC State Ports Authority announced that the volume of containerized cargo traffic through the Port of Charleston increased by 34% in June.     This tops the previous three consecutive months volume, which we...
08/07/2010
First Time Homebuyer Mortgages The Community Homeownership Incentive Program, or CHIP, is offering home mortgages geared to the first time homebuyer.   For residents of Richland and Lexington counties in SC there is NO DOWN PAYMENT required if you meet the following qualifications:  •   Annual fa...
08/06/2010
Mortgage Rates Hit Record Lows Freddie Mac, who started surveying mortgage rates in April 1971, states that thirty-year fixed rate mortgages have reached new all-time lows in six out of the last seven weeks.    According to the survey, interest rates on 30-year fixed-rate mortgages averaged 4.49 ...
08/05/2010
Rainmaker
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Terry Edwards

local_phone(803) 782-9171
smartphone(803) 920-5327
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