homebuyers: H. R. 5028 - 09/23/10 04:41 AM
Saw this mentioned on Facebook this morning, went and checked it out. 
The blog entry is here. The text of the bill is here.

If you’re looking for how the housing market double-dip will be created, here’s the answer. Never mind the endless taxpayer-backed money-pits of FHA, Fannie and Freddie: Here comes a proposal to grant defaulting homeowners the “right” to rent their homes for five years.

It’s called H.R. 5028 and it’s no joke. The "Right to Rent" bill drafted before Congress meets with the approval of the Center of Economic Policy and Research, a think-tank … (3 comments)

homebuyers: Home Sales in Sumter, Lee and Clarendon Counties, July 1-15 2010 - 08/08/10 04:12 PM
Home Sales Data, July 1-15, 2010 Sumter and surrounding areas, SC
This information includes residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.
For the period July 1-15, 2010, there were 100 new listings placed on the market.  Lowest list price was $9,900 for a 60-year-old bank-owned bungalow that went pending after being on the market for 20 days. Highest list price was $649,900 for an 18-year-old executive style home in an established subdivision that the agent did not include much in the way of description but if the photos are … (0 comments)

homebuyers: Home Sales in Sumter, Lee and Clarendon Counties, June 16-30 2010 - 07/25/10 03:36 AM
Late, late, late.  Sorry about that....
Home Sales Data, June 16-30, 2010 Sumter and surrounding areas, SC
This information includes residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.
For the period June 16-30, 2010, there were 104 new listings placed on the market.  Lowest list price was $15,000 for a 49-year-old privately owned house that has had some renovations done.  Highest list price was $695,000 for a one-year-old two-story home with lots of amenities and sitting on a little over four acres. Eighteen of the new listings are new construction … (0 comments)

homebuyers: Home Sales in Sumter, Lee and Clarendon Counties, June 1-15, 2010 - 06/20/10 03:45 PM
Home Sales Data, June 1-15, 2010 Sumter and surrounding areas, SC
This information includes residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.
For the period June 1-15, 2010, there were 109 new listings placed on the market.  Lowest list price was $8,500 for a 60-year-old bank-owned duplex.  Highest list price was $699,000 for a 12-year-old bi-level custom-built waterfront home in a gated community.  Twelve of the new listings are new construction, one is a condo/townhouse and two are duplexes. Two of the new listings were withdrawn - one after being on … (0 comments)

homebuyers: Home Sales, May 1-31, 2010 - 06/06/10 03:01 PM
Home Sales Data, May 1-31, 2010 Sumter and surrounding areas, SC
After a long hiatus - and giving up my real estate license - I'm back posting market reports.  Can't promise I'll keep up with it, but the information is useful to somebody, I hope.  I've missed February, March and April, and I could go back and catch up with them, too -- but seriously, I'd rather have dental surgery without benefit of anaesthetic. Kim Peasley-Parker's blog,  http://activerain.com/blogs/kpeasley , has that info, I don't doubt, and probably in a much more pleasing format. 
So.
This information was for residences only; I did not include … (0 comments)

homebuyers: Home Sales Data for Sumter, SC January 16-31, 2010 - 02/10/10 06:57 AM
Home Sales Data, January 16-31, 2010 Sumter, SCThis information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period January 16-31, 2010, there were 87 new listings placed on the market (one was withdrawn after 6 days when it was rented rather than sold; another was withdrawn after being on the market a grand smashing total of 36 days, under two different MLS numbers, no idea why). Lowest list price was $7,350 for a 12-year-old bank-owned mobile home that sold for $7,350 cash after being on the market … (2 comments)

homebuyers: Home Sales Data for Sumter, SC January 1-15, 2010 - 02/01/10 01:41 PM
Home Sales Data for Sumter, SC  January 1-15, 2010
This information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period January 1-15, 2010, there were 87 new listings placed on the market.  Lowest list price was $10,500 for a four-year-old bank-owned mobile home that sold for $10,000 cash after being on the market 37 days.  Highest list price was $460,000 for new construction home in an upscale subdivision, with hardwood floors, tile floors, granite countertops, a central vacuum system, a three-car garage and tons of other neat … (0 comments)

homebuyers: Good News for Developers, Some Builders and Subcontractors -- For the Rest of Us, Not So Much - 01/20/10 10:37 AM
This article was in the local paper a few days ago.  I filed it in the back of my head for future blogging purposes, and now is as good a time as any. 
Third Army Headquarters/ARCENT is coming to Shaw Air Force Base. We've known this for a few years now. Lots of cheerful speculation has occurred on how this is going to re-energize our housing market. Well, it won't. The plan is to build in excess of 600 homes in the area; the location hasn't been determined yet. It would be nice if it were a boon for local builders, … (4 comments)

homebuyers: Home Sales Data for Sumter, SC December 16-31, 2009 - 01/17/10 11:15 AM
Home Sales Data, December 16-31, 2009 Sumter, SCThis information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period December 16-31, 2009, there were 65 new listings placed on the market.  Lowest list price was $15,600 for a 49- or 50-year-old bank-owned bungalow that went pending after being on the market for two weeks.  Highest list price was $640,000 for a new construction home in an upscale community (4,450 square feet, hardwood floors, granite countertops, high ceilings, a spa shower in the master bath, plus lots of other … (0 comments)

homebuyers: Home Sales Data for Sumter, SC December 1-15, 2009 - 12/23/09 01:00 PM
Home Sales Data, December 1-15, 2009 Sumter, SCChristmas looms. I'm not ready. I never am.  It comes anyway. Onward to sales, and such.   This information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period December 1-15, 2009, there were 87 new listings placed on the market.  Lowest list price was $20,300 for a 57-year-old 1,357-square-foot bank owned brick home on one acre.  Highest list price was $399,900 for a 3,713-square-foot 7-year-old colonial on a little over an acre, which has an unfinished basement (a rarity in these … (2 comments)

homebuyers: Home Sales Data for Sumter, SC November 1-30, 2009 - 12/13/09 02:14 PM
Home Sales Data, November 1-30, 2009 Sumter, SCSilly Season is upon us, also known as Christmas.  That wonderful time of the year when some of us feel compelled to overbook ourselves to the point of ridiculousness.  That's my excuse for not getting the market reports done for over a month, and I'm sticking to it.  So, here's November, all at once.  This information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period November 1-30, 2009, there were 146 new listings on the market.  Lowest list price was … (0 comments)

homebuyers: Extended Homebuyer Tax Credit 2009/2010 - 11/06/09 09:00 AM
 
Extended Homebuyer Tax Credit 2009/2010
President Obama has signed into law an extension on the first-time homebuyer tax credit.  The extension includes an expansion of the tax credit that now allows homebuyers who have owned a home for more than five years to get a tax credit when they buy a new home.
            First-Time Homebuyers
To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase. The first-time homebuyer tax credit is extended until April 30, 2010. First-time homebuyers can qualify for a tax … (0 comments)

homebuyers: Home Sales Data for Sumter, SC October 16-31, 2009 - 11/04/09 08:38 AM
Home Sales Data, October 16-31, 2009 Sumter, SC This information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period October 16-31, 2009, there were 75 new listings on the market.  Lowest list price was $10,000 for a 56-year-old 720-square-foot house with no heating or air system, in need of electrical work.  Highest list price was $285,900 for a 3-year-old 3001-square-foot home in a golf-course community. Nine of the new listings are new construction, and one is a duplex (although it's in the MLS as a condo/townhouse, it's … (0 comments)

homebuyers: Oh, No: "Actually, Case-Shiller Shows That The Housing Crash Has Already Resumed" - 10/30/09 03:12 AM
Found by way of Instapundit .
In this area, there is no recovery underway.  People take the smallest piece of good (or even not terrible) news and start crowing about how the worst is over, the recovery has begun, happy days are here again.... Without sufficient data, and that takes awhile to collect (and has to be done over a significant period of time, not just a day or a week or a month or even a quarter), we won't know when the recovery is beginning.  Not at that time.  It will only become clear much later.  It's just like finding … (0 comments)

homebuyers: You Never Know Where That Next Client Is Going to Come From - 10/12/09 02:23 AM
It's obvious, I know, and I'm not only not the first person to say it, I'm probably not even the millionth.
A few years ago some people my husband and I knew from our days being stationed in Germany (in the 80s) moved to Columbia.  We were very excited and exchanged e-mails, saying we would get together and catch up.
Well, we're all busy, and before we knew it time had passed.  And more time passed.
And then one day a couple weeks ago the wife sent me a note on Facebook that said they were planning to move away.
Move away?!  … (5 comments)

homebuyers: Home Sales Data for Sumter, SC September 16-30, 2009 - 10/05/09 10:00 AM
Home Sales Data, September 16-30, 2009 Sumter, SC
This information was for residences only; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.
For the period September 16-30, 2009, there were 85 new listings posted to the Multiple Listing Service (MLS). Lowest list price was $10,000 for a 68-year-old 876 square foot ranch-style privately owned property being sold as-is by an estate. Highest list price was $479,000 for a custom-built home with a Southern Living floorplan which has been on the market for a total of 320 days with the same … (0 comments)

homebuyers: Home Sales Data for Sumter, SC September 1-15, 2009 - 09/23/09 08:48 AM
Home Sales Data, September 1-15, 2009 Sumter, SC
This information was for residences only; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.
For the period September 1-15, 2009, there were 77 new listings posted to the Multiple Listing Service (MLS). Lowest list price was $24,900 for a 24-year-old 1,067 square foot ranch-style bank-owned property. Highest list price was $475,000 for a 119-year-old colonial home on 20 acres with a stable and dressage ring, among other amenities.  Two of the new listings were duplexes/condos/townhouses, twelve were new construction. Three of the new listings … (0 comments)

homebuyers: Home Sales in Sumter, SC August 16-31, 2009 - 09/12/09 04:17 PM
Home Sales Data, August 16-31, 2009 Sumter, SC This information was for residences; I did not include land or commercial properties.  I looked only at Sumter and the surrounding area.For the period August 16-31, 2009 there were 88 new listings posted. Lowest list price is $27,000 for a 64-year-old 900-square-foot privately owned bungalow with the possibility of owner financing. Highest list price is $408,000 for a 103-year-old home that was listed as on the market, pending and closed all on the same day.  The sale price was $400,000.   Twenty one of the 88 new listings were listed at or below $100,000, … (0 comments)

homebuyers: Home for Sale, 1238 Ivey St, Sumter, SC Update: Sold! - 08/26/09 08:38 AM
This 1996 Fleetwood mobile home has a split floor plan.  Three bedrooms, two full baths, 1440 square feet and it's in excellent shape. One of the refrigerators stays, as do the blinds and curtains.  The backyard is fenced and there is a storage shed.  The owners want to sell it and move back home, so they've priced it very reasonably at $39,900. Make an offer! Listed by Associates Realty, Inc. Shirley Ross BIC.



… (0 comments)

homebuyers: Home Sales Data for Sumter, SC July 16-31, 2009 - 08/05/09 05:05 AM
Sumter, SC Sales Data July 16-31, 2009
For the period July 16-31, 2009 there were 66 new listings posted. These were all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area. The lowest list price is $12,000 for an 824 square foot 101-year-old privately owned home which the owner says "needs a lot of work."  Seems they're actually selling the lot and the home is free. So to speak.  The highest priced listing is $399,000 for a ten-year-old steel framed home on almost 1 1/2 acres with a three-car garage and three … (0 comments)