Real Estate Insight for the Carolina Lake and Mountain Region

Cheap Money (part 2)

February 5th, 2009 Posted in Real Estate Commentary

It seems that the low interest rates (3% HELOC!!) and the COLD weather in the northeast has buyers craving our mountain lake property in the sunny southeast once again.  January was a solid month for property contracts which took many of us by surprise.  We’ve also seen an increasing number of buyers from California due to high taxes (that are about to go higher), congestion, dirty air and security concerns.  The Upstate of South Carolina stands for low cost of living, no congestion, low crime rates (especially in our local cities and counties), friendly people, great year-round weather, abundant natural beauty, CLEAN AIR and crystal clear lakes.   At least, that’s what my clients see!!!  ~~~~Justin

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