All Categories

Listening to the National Media drone on about how dismal things are in residential housing is enough to make you cry, get a little sick, then cry again. And, after seeing the California Market first hand last month, it’s not pretty. But, you have to remember that the National numbers are not necessarily an accurate reflection of what’s going on right here in Fort Mill, Tega Cay, and Lake Wylie. Here’s the facts: The Charlotte Metropolitan Area was one of 3 major cities that actually ex... Read Full Post

Real Estate Myth: Real Estate Agents are all Filthy Wealthy FALSE: Some are. And they earned it by being the best of the best in an occupation where more than 90% drop out within 5 years (most in the first year). As for the vast majority, they are at best making a living, or are just flat out struggling. Most people don't realize what comes out of the commission at the end of a transaction. Many people have their hands in the pie of the total real estate commission. For example, a $200,000 ho... Read Full Post

Real Estate Myth: I already found the house of my dreams, I don't need a REALTOR. FALSE - Touring people around to find the perfect house is only 10% of the real estate agent's job. There's still 90% of the job to do. That's where you truly need a good REALTOR (a.k.a. a Project Manager). After the house is found, you still need to write the offer. How are you going to write the offer? Stop and think about that for a second. Most consumers don't know. Do you know the critical aspects that need... Read Full Post

Bubble this, bubble that, bubble burst....... etc etc etc. Real Estate markets in California, Florida, NY, and many other places had the luxury of double digit appreciation for a long time. Sources say that the Florida market was up 100% and California was up 150% in early 2006. Now things are sliding down, inventories are up and the whole picture is changing..... Not true in Fort Mill, Tega Cay, and Lake Wylie (except for waterfront). Our market has experienced very normalized appreciation l... Read Full Post