FOR SALE! 125 and 131 W TURNER ST. IN SUMMERVILLE!

Two for the price of one! There are 2 homes on this completely fenced in 1.57 acre lot. A must see to appreciate! The primary home has a tree lined driveway which features 1640 sq. ft., 3 bedrooms, and 2 full baths. This home also has a built on addition living room area with 10-11 ft. beamed ceilings with 2 48"overhead fans. There is hardwood flooring in most rooms and a fireplace in the main living area with cathedral ceiling and ceiling fan. The kitchen has a dining area, oak cupboards, and deep walk in pantry, stainless steel appliances, and a dishwasher. The master bedroom is spacious with cathedral ceiling, huge walk in closet, and the master bath features a garden tub with a walk in shower. The home has a large deck on the back that has an above ground pool attached. There is also a custom built pool changing room. In addition to the pool, the backyard offers plenty of shade and privacy, covered cement pad for outdoor entertaining, fire pit, outdoor buildings for extra storage, and a 2 car carport. The second home is currently a rental which has been completely remodeled and has 2 bedrooms and 2 full bathrooms. The second home produces a rental income of $750 a month! This would easily cover a majority of the cost of the mortgage each month! With close access to I-26, minutes from restaurants, shopping, and the beach plus a rental income to cover the mortgage.WHAT MORE COULD YOU ASK FOR! Hurry! This great opportunity will not be around long! The asking price for both properties is only $224,980! If square footage is important - MEASURE!!

HOME PRICES INCREASE NEARLY 12% IN JUNE

Just released numbers from CoreLogic on the U.S. housing market showed prices jumped nearly 12 percent for the month of June from this time last year.  The increase was contributed to a stronger demand amid a very slim supply of inventory.

Among the 50 states, 48 saw in increase in home prices versus this time last year. Only Mississippi and Delaware saw a decrease. Overall CoreLogic says prices rose 1.9 percent in June which results in a 16 month-over-month increase. 

With prices increasing this can be contributed to the latest sign of a recovery in housing. Stable job growth and historic low mortgage rates have pushed more people to look at buying versus renting. With homes in short supply, the larger demand has pushed the value of homes upward.

What does this mean for the seller? Greater ability to market their existing home to an abundance of wannabe home owners. With higher demand for housing, the demand creates  an opportunity to sell their home to a broader spectrum not experienced in previous years.

What does this mean for the buyer? Headaches due to short supply of inventory, increased competition with other buyers, better rates on mortgages, and the list could go on, and on, and on.  If you are currently in the market to sell your existing home now is your time to shine. If you are a buyer there is no better time than now then to consider home ownership.

With home prices steadily increasing, low mortgage rates, and inventory remaining in short supply the current economic conditions presents a win/win situation for both the buyer and seller.