Looking to buy a house? With the current low historic interest rate many buyers take advantage and say it's a good time to purchase a home. If you have to sell a home and look to move and buy another home you may sell it for less than before 2008 but you are also buying low and when the market improves you have a low interest rate for 30 years and you are in the right place for values to increase. If you wait until prices go up you are also paying more and potentially interest rates increase.
We have these AVERAGES in listing and sales statistics to report as of January 16, 2012 for the past month for the town of Chapin, the 29036 Zip Code.
Active 251 $362,469 2,667 $135.89 Active Contingent 6 $266,131 2,491 $106.86 Active Inspection 2 $329,450 3,523 $93.53 Pending 26 $247,065 2,314 $106.76 Closed 14 $201,480 2,309 $87.24
The market here is slightly down this month. That can change next month as you know.
Every real estate market is different! All real estate markets are unique and influenced by local demand, local land-use and building rules, and a host of other factors one cannot see from the generalized scope of national news coverage.
Chapin is approx. 20-30 minutes to Irmo (if you are coming from the Timberlake area) and 45-60 minutes to Columbia, depending on traffic and the time of day. Chapin is located along the north shore of beautiful Lake Murray! There are several beautiful neighborhoods. Some are new, some established. Timberlake, a Golf Community, on the Lake is one of them. We have communities with Lake Access if you don't want to be on the lake or if those are too high priced for you. Fishing and water sports are popular year round weather permitting. Check out our websites and please contact us for all you questions and real estate needs, buying and selling. We look forward to assist you now or in the future.
Not every real estate market is the same. Consult a REALTOR to assist you and to get the facts.
All real estate markets are unique and influenced by local demand, local land-use and building rules, and a host of other factors one cannot see from the generalized scope of national news coverage.
It is a good time to purchase property with the interest rate still low. We have lender contacts and all contacts you need for a smooth closing. Minimum credit score is 620 but FHA requirements will rise to 640. We know that you can get a loan if your score is below 600. So, call us if we can help.
NOTE: The State Paper reported 9/30/09 that US News puts Columbia in the 10 most affordable places to retire to.
Noteworthy from the SC Chamber of Commerce January 16, 2012: South Carolina is frequently recognized by publications and organizations as one of the most business-friendly states. See What People Are Saying About The Palmetto State:
Area Development: Named South Carolina a 2011 Gold Shovel Award winner in recognition of economic development projects undertaken in 2010. The award is based on the number of high-value added jobs per capita, amount of investment, number of new facilities and industry diversity. South Carolina was also a Silver Shovel Award recipient in 2009 and 2010.
Area Development: Named South Carolina 4th in the nation as a place to do business based on 12 key site selection criteria in three general categories - business environment, infrastructure and labor climate. The magazine surveyed a select group of national site consultants to identify the 10 most attractive states for business. South Carolina was the consultants' 2nd choice for overall business climate, coming in 2nd on all factors comprising the category - corporate tax environment, incentive programs, overall cost of doing business and business friendliness. In the infrastructure category, South Carolina placed 2nd for certified sites and a shovel-ready site system and 4th for competitive utility rates. Under labor climate, South Carolina came in 3rd for labor costs and 5th for workplace development programs.
Business Facilities: The South Carolina Department of Commerce received 2010 honorable mention honors from Business Facilities magazine for First Quality Tissue's decision to locate a new $1-billion plant and create 1,000 new jobs in Anderson County. In 2009, South Carolina received the magazine's Deal of the Year Gold Award for the selection of North Charleston for the site of The Boeing Company's second final assembly plant for the 787 Dreamliner commercial airplane.
Business Facilities: South Carolina did exceptionally well on the latest 2011 State Rankings Report from Business Facilities magazine, placing in five categories. South Carolina ranked 3rd for Economic Growth Potential, 2nd in Automotive Manufacturing Strength, 5th for Best Business Climate, 8th for Workforce Training Leader and 8th for Lowest Cost of Labor.
Chief Executive: South Carolina came in as one of the ten best states for business on the magazine's annual poll of CEOs, ranking 8th. About 550 CEOs rated states on taxation and regulation, workforce quality and quality of life.
Forbes: Ranks South Carolina 5th best in 2011 for its pro-business regulatory environment. Forbes considered the state's regulatory and tort climate, incentives, transportation and bond ratings.
IBM: South Carolina made a strong showing on IBM's 2009 Global Location Trends Annual Report, coming in 4th among North American states and provinces based on number of jobs from 2008 investment activity.
Pollina Corporate Real Estate: Ranks South Carolina as the 9th most Pro-Business State for 2011. South Carolina has ranked in the top ten for eight consecutive years. The state was No. 1 in both 2005 and 2006.
Site Selection: South Carolina consistently ranks high on the magazine's "Top State Business Climates" and in 2011 took the 5th spot overall and placed 7th in the magazine's survey of corporate real estate executives. South Carolina also held 5th place overall in 2010, and corporate executives have ranked South Carolina in the top 10 for the past eight years. The magazine's New Plant Database showed that South Carolina had the most new projects per capita during 2010.
Site Selection: Recognized South Carolina as a Top Competitive State of 2010, placing South Carolina in the 5th spot. The magazine determined competitiveness on the basis of new and expanded facilities and new jobs in 2010 plus other factors, including state gross domestic product per capita and unemployment rate.
Site Selection: The magazine chose the First Quality Tissue project as one of its Top Deals of 2010. The winners were chosen based on capital investment and job creation, creative negotiations and incentives, regional economic impact, competition for the project and speed to market. Proterra's electric bus operation in Greenville received honorable mention.
Southern Business & Development: Six South Carolina projects earned Excellence in Manufacturing Recruitment Awards from Southern Business & Development magazine. The magazine recognized these high-profile projects: The Boeing Co., N. Charleston, 787 Dreamliner jet; First Quality Tissue, Anderson, paper products; IMO Group USA, Summerville, wind energy components; MTU Detroit Diesel Inc., Graniteville, heavy-duty diesel engines; Proterra Inc., Greenville, battery-electric buses; and ZF Group, Laurens County, fuel-efficient transmissions. South Carolina received the most awards of any state in the magazine's reporting region.
Southern Business & Development: The Boeing Company's announcement that it would bring a 787 Dreamliner final assembly plant to North Charleston earned 2009 Deal of the Year status from the magazine.
Trade & Industry Development: The leading national magazine dedicated to site selection, announced that two projects recruited by the South Carolina Department of Commerce in conjunction with local economic development allies were among the magazine's 2011 Corporate Investment & Community Impact (CiCi) Award winners. ZF Group is among 15 projects that received a Corporate Investment Award, and IMO USA Corporation was among 15 honored with a Community Impact Award. This is the sixth consecutive year that South Carolina has been recognized with a CiCi award. ..Agency Leadership Division Directors International Offices SC Coordinating Council for Economic Development National Recognitions Recycling Market Development
Thank you for taking the time to read our news letter. We hope that you found it informative. Our news letter gets updated monthly. We hope that you enjoyed it. Feel free to share it with someone. We welcome your questions. We look forward to hear from you now or in the future and possibly to serve you. Thank you, Rosemarie & Kirstin
ZIP Code: 29036 Approximate Location Boundaries: Lake Murray, Newberry, Little Mountain, Broad River
Location Characteristics:
Chapin is a small town (west of Columbia off I-26 Exit 91) approximately 50 minutes to an hour to downtown (depending where in Chapin you live) Columbia and about 30 minutes to Harbison.
A little bit of history: A group of German settlers came to Chapin in the mid 1700's, Many had land grants from the English crown. The land between the forks of the Saluda and Broad Rivers came to be known as the Dutch Fork. "Dutch" was a form of Deutsch, referring to the German language and people. Few of the German settlers ever left the area and very few outsiders came to stay. Dutch Forkers had developed their own subculture in the 1800's. Some still spoke German into the 19th century. The ones who didn't had their own dialect. Success was not measured in money or fame but in ties to family and community. They made the most of the little they had, they were proud, but poor. They believed God and in hard work and in saving up for even harder times. Martin Chapin from Cortland, New York, came to the Dutch Fork. He was a different than his neighbors but he shared many of their attributes. When he suffered a lung ailment his doctors had advised him that he should head south and inhale pines he he wanted to live, to the Piney Woods. So he did. You can purchase some books if you like to learn more about the History of Chapin.
Per Daily Report dated Jan 3, 2012 Columbia ranks 3rd as top destination to relocate http://www.columbiabusinessreport.com/news/42177-s-c-ranks-no-3-among-top-magnet-states
According to the
Columbia Regional Business Report dated July 2, 2011 reports that Columbia is ranked #73 on FORBES magazine's annual list of the Best Places for Business and Careers, released Wednesday.
During the 20 years we have lived here Chapin has been growing steadily. Quiet neighborhoods on Lake Murray or with lake access and off the lake properties. Some commercial development includes restaurants, grocery stores and more. It still feels like living in the country. Most people are drawn to this area because of its natural setting and quiet living.
The lake covers 78 square miles and approximately 50,000 acres of land. At its widest point, it is 41 miles long and 14 miles wide, providing storage for 763 billion gallons of water. It is the jewel of the Midlands offering fishing, sailing, swimming, skiing, or just sitting on your backporch looking out over the water and a beautiful South Carolina sunset
To see just how laid back it is you will find horses and fields with cows along the way.
Charity BASS tourney is generally planned for April to benefit Kyle Page Foundation. The annual Open Ream Bass Tournament on Lake Murray raises money for children with debilitating illnesses such as Spina bifida. It is named for Kyle Page in Little Mountain, who was born with Spina bifida. For more information call 803-345-1462 or 945-1073.
Chapin has a town center and a few stores to fill your immediate needs. More are being opened as time goes on, business is growing. It takes approximately 20-25 minutes to Harbison and Columbiana Center where you can find just about anything, from movie theaters, restaurants, Sam's, Super Wal-mart, Target and much more. Everything is conveniently located in one place. There is a new Wal-Mart on 176 by the Lex/Rich# 5 office near Ballentine.
South Carolina is frequently recognized by publications and organizations as one of the most business-friendly states. See What People Are Saying About The Palmetto State: http://sccommerce.com/about-sc-commerce/national-recognitions?gclid=CIDIspjzz60CFRFV7AodO1bmmg
Per Daily Report dated Jan 3, 2012 Columbia ranks 3rd as top destination to relocate http://www.columbiabusinessreport.com/news/42177-s-c-ranks-no-3-among-top-magnet-states
Columbia Regional Business Report dated July 2, 2011 reports that Columbia is ranked #73 on FORBES magazine's annual list of the Best Places for Business and Careers, released Wednesday.
Columbia is a wonderful place to live and retire to! 11/30/09: Forbes says SC metro areas among fastest recovering MSAs, Columbia is ranked #35. Click this link to see the article www.Columbiabusinessreport.com/news/31890/print
Columbia Regional Business Report 7/18/2011 states that sales were down in all of the state's 15 real estate markets except Sumter-Clarendon, which reported an 8.5% increase for June compared with the same month in 2010. According to the report, real estate agents in that market sold 127 homes in June, 10 more than in June 2010. The area's median price was up 17.4% to $138,500 in June, compared with $118,000 a year ago. Realtors in the area said home sales were brisk because of the recent move to Shaw Air Force Base of more than 1,000 soldiers assigned to the 3rd Army headquarters.
US News reported recently (per The State Paper 9/30/09) that Columbia is in the 10 best affordable places to retire to. They said that "Retirees want a more diverse set of opportunities and they can find that in a university town". US News said it "thought out places with low cost of living and reasonable housing prices that still offered access to the services and amenities that people should look for in an ideal retirement spot"
11/30/09: Forbes says SC metro areas among fastest recovering MSAs, Columbia is ranked #35. Click this link to see the article www.Columbiabusinessreport.com/news/31890/print
US News reported recently (per The State Paper 9/30/09) that Columbia is in the 10 best affordable places to retire to. They said that "Retirees want a more diverse set of opportunities and they can find that in a university town". US News said it "thought out places with low cost of living and reasonable housing prices that still offered access to the services and amenities that people should look for in an ideal retirement spot"
NOTE: Please remember that every real estate market is different. Give us a call if you are interested in buying and or selling. We'll prepare an updated market analysis to let you see what our market is doing, buying and selling.
We look forward to hear from you and gladly answer your questions and assist you with all your real estate needs. Rosemarie & Kirstin
About Rosemarie Averhoff, CRS &Kirstin Averhoff-Gilbert, CRS: Whether you move down the block, across the country, the city, or to anther continent... Please give us a call. We can assist with all your real estate needs now or in the future. Our business is built on referrals and repeat business. We have sold around $100 million in Real Estate since 1993. My daughter and partner Kirstin since 1996. We are both Certified Residential Specialists CRS, Certified New Home Specialists CSP, e-PRO Certified and ABR's Accredited Buyer Representatives
We are relocation specialists and like to represent you with a NEW home or existing home purchase. We have access to any listing.
We look forward to assist you now or in the future.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
