Fort Mill, SC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Fort Mill, SC real estate market in May 2022...What you need to know...What it means for you...   Fort Mill, South Carolina's average and median home prices reached record highs in May 2022, topping the record high prices in April 2022. Home sellers enjoyed higher list to sale ratios, as well, at 104.2%, up 1.4% year-over-year.  Fort Mill's housing market (29715 and 29708 zip codes) remained a seller's market in May with lower inventory, fewer new listings, fewer average days on market, and higher average and median home sale prices compared with the same month one year ago. FORT MILL HOUSING MARKET HIGHLIGHTS:May 2022 vs May 2021  CLOSED & PENDING SALES BOTH DOWN IN FORT MILL IN MAYPending sales in Fort Mill decreased 19.8%. Closed sales decreased 12.4% year-over-yea...
Comments 16
By Carmen Miller
(Miller Realty Group)
The Fort Mill School District is rated 9 out of a high score of 10 by greatschools.net. See the ranking of each school on my Fort Mill Info page . One of the reasons those of us who have school age kids picked the Fort Mill or Tega Cay area to live is because of the great public school system.Rumor has hit with a handful of neighboring Realtors® all Fort Mill Schools are now on a new enrollment freeze. This is absolutely not true!Yes two elementary schools which are Gold Hill and Orchard Park are currently in a new enrollment freeze. New students will be enrolled in Riverview Elementary. The distirct will fill any available seats that may open over the summer.New to the freeze list is Springfield Elementary. Any new students after June 2008 will be enrolled to Fort Mill Elemenrary.I cou...
Comments 1
Rates went up this week as the stock market had a strong week. Current 30 Year Fixed rates are hovering around 6.00% but can easily range between 6.00% and 6.50% depending on credit score and loan program. ARM pricing is still weak. The 7/1 ARM rates are about the same as 30 Year fixed rates. It should get to about a 1% lower than the 30 Year Fixed before the value is the worth the risk. The mortgage bond market is near unchanged right now. 100% Programs GONE. The only way to buy right now without any down payment is with some time of down payment assistance. FHA loans are back in the spotlight! STATED INCOME These programs are rare but still exist. You must be self-employed, and the credit must be pretty good. Rates for these programs range from 6.375% to 7.25% for fixed rate loans. NO...
Comments 0
By Carmen Miller
(Miller Realty Group)
So Charlotte is ranked 9th most miserable city to live. What does that mean for those of us that live near Charlotte? After polling a few neighbors, I put togther my first top 10 list called Top Ten Reasons To Live in Fort Mill SC.   If you would like to see my top ten list please visit my post at Homesfortmill.com here is the link to my post.http://homesfortmill.com/local-information-fort-mill-lake-wylie-carolinas/top-10-reasons-to-live-in-fort-mill-sc/I welcome comments on Active Rain or especially on my personal blog site.
Comments 1
By Carmen Miller
(Miller Realty Group)
Regardless if you are looking to purchase or sell a home in Tega Cay, or Fort Mill you will find that the quality of life, the cost of living and the school systems offer both buyers and sellers the opportunity to maximize their investment. According to the New York Times and other national publications and programs, such as CNN, the Carolinas are one of the few places in the country where the real estate market has continued to show a steady growth. This area is indeed a perfect little haven.
Comments 1
Explore Fort Mill, SC
Fort Mill, SC Real Estate Professionals