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McGuinn Homes sets up shop in Northeast Columbia with The Villages At Lakeshore

Categories: Uncategorized | Posted: September 15, 2011

McGuinn Homes is excited about our newest community The Villages at Lakeshore. This is a new venture for McGuinn by expanding our footprint in Northeast Columbia S.C. as we continue to grow and expand throughout the Midlands of South Carolina. The Villages at Lakeshore is a wonderful community located just off Clemson Rd on Longstown Rd. It is situated between I-20 and I-77 for the convenience of getting around Columbia. The Shops at Sandhills shopping village is less than 10 minutes away which offers shopping, dining and entertainment.

The Villages at Lakeshore offers community amenities such as community pool, playground and that friendly neighborhood feel. McGuinn is offering many floor plans ranging from 1217 to 2914 and prices starting at $107,900. We are sure we will have the plan and design you are looking for while keeping it in the price range to fit your budget.

Visit us at http://www.mcguinnhomes.com/home and tour our community page or you can contact Eva Langston 803.603.1372

Home prices could stabilize in 2010

Categories: Uncategorized | Posted: August 15, 2011

Home prices dipped to a four-year low in the Columbia area this year as sellers – particularly in upper-end markets – struggled to sell their homes.

But with more people buying real estate in the last few months of the year, industry experts expect the demand to help home prices stabilize in 2010.

Home sales have skyrocketed in the last quarter of the year as first-time buyers have taken advantage of an $8,000 tax credit, historically low interest rates and lower prices.

    The rush has brought some optimism back to the local real estate market, which has been struggling for more than two years.

“It feels just like a normal year, instead of feeling depressed,” said Margaret Ann Ashburn, broker-in-charge of Russell & Jeffcoat Realtors Forest Acres office. “We’ll be back to a stable, normal year (in 2010). I don’t think we’ll get to a boom again for quite some time.”

For the year, through November, the median price in Columbia was $139,000, down nearly 3 percent from the same time period last year, according to the latest information available from the S.C. Realtors trade group. That’s down 5 percent from the peak of $146,000 in 2007 but up 5 percent from 2005’s $132,000.

Nationally, home prices were up 0.4 percent in October from September but still down 7.3 percent from last October, according to the Standard & Poor’s/Case-Shiller home price index released Tuesday.

Home prices remained relatively strong in the Columbia area even as home sales started to plummet in 2008.

But excess inventory and desperate sellers drove down prices this year, Ashburn said.

Now, with a stabilizing market, buyers are even starting to compete for homes again, she said.

“We’ve had a couple of multiple offers,” she said. “That had become unheard of.”

Ashburn expects the federal tax credit, which was extended through spring and expanded to include more buyers, to keep the market strong until the traditional home selling season. Then, she said, pent-up demand will help it stay steady.

“I would not be surprised if values started going back up again,” she said.

 

Price cut

 

 

Home prices in the Columbia area haven’t had drastic swings during the rise and fall of the real estate market. But the median price of homes sold this year is on track to finish at a four-year low. A look at year-end median prices for the past five years:

 

2005: $132,000

 

2006: $140,000

 

2007: $146,000

 

2008: $143,000

 

2009: $139,000 (through November)

 

SOURCE: S.C. Realtors trade group

“The State of Real Estate”

Categories: Uncategorized | Posted: July 15, 2011

In a recent issue of Columbia Business Monthly, Wade McGuinn commented on recent activity in today’s real estate market trends.

http://ipubviewer.com/publication/?i=73855&p=26

Wade McGuinns Video Blog ” Agents Web Presence”

Categories: Uncategorized | Posted: July 12, 2011

Wade McGuinn video blog about real estate agents managing their presence on the web. How are Columbia S.C. agents marketing themselves on the world wide web, do you have a website? Do you manage your website? Are you active on social media?

Wade McGuinn Blog “Know Who Your Team Is”

Categories: Uncategorized | Posted: July 7, 2011

Wade McGuinn goes over knowing who your team is in your business. Who helps you everyday with helping you complete the task that make you more successful. Lawyers, Inspectors, Admins, etc. Know Your Team…………….

McGuinn Homes Video Blog Know your Product

Categories: Uncategorized | Posted: June 10, 2011

Wade McGuinn covers the importance of knowing the product you are selling against

McGuinn Homes Video Blog 3

Categories: Uncategorized | Posted: May 24, 2011

Wade McGuinn and Fred Reichardt from Russell and Jeffcoat Real Estate have some tips for the agents in Columbia S.C.

http://youtu.be/HWNkUU_9QlU

Wade McGuinn’s Video Blog

Categories: Uncategorized | Posted: May 19, 2011

Wade McGuinn’s Video Blog

The second week of Wades video blog is out and Wade is covering great advice for other sales professionals out there. Keep a great attitude, the market is what you make it, where do you stand with the market share homes are selling how many of them will you sell this month?

Wade McGuinn’s Blog of the Week

Categories: Uncategorized | Posted: May 9, 2011

Wade McGuinn

McGuinn Homes is pleased to announce a new addition to our weekly blog Wade McGuinn will be doing a series of video chats about Columbia S.C. real estate market trends and ideas to help your business. Along with Wade we will be going on remote to speak with local area real estate experts and interviewing them on what is going on in the wonderful world of real estate in Columbia S.C. So be on the lookout for more video blogs coming to you weekly.

In Time for Buying Season, Rates Reach Yearly Lows

Categories: Uncategorized | Posted: May 6, 2011

http://www.realtor.org/RMODaily.nsf/pages/News2011050601

Daily Real Estate News  | May 6, 2011  | Share

In Time for Buying Season, Rates Reach Yearly Lows
The 30-year fixed-rate mortgage, a popular choice among buyers, sank even lower this week, matching its yearly low of 4.71 percent from January, reports Freddie Mac in its weekly mortgage market survey. Last year at this time, the 30-year fixed-rate mortgage averaged 5 percent.

Meanwhile, the 15-year fixed-rate hit a new yearly low of 3.89 percent this week. Last week, the 15-year fixed-rate mortgage averaged 3.97 percent. The 15-year rate averaged 4.36 percent last year at this time. It reached its lowest level on record in November when it averaged 3.57 percent.

The one-year adjustable-rate mortgage averaged 3.14 percent, down from last week’s 3.15 percent. Last year at this time, it averaged 4.07 percent.

“Weaker economic data reports reduced Treasury bond yields and allowed mortgage rates to drift lower for the third consecutive week,” says Frank Nothaft, Freddie Mac’s chief economist.

Source: “30-Year Fixed-Rate Mortgage Matches Yearly Low of 4.71 Percent,” Freddie Mac (May 5, 2011)