Good news for the real estate market. Home sales were up 22% in February from the same time last year. The sales boost was up due to the 1st time home buyers taking advantage of the $8,000 tax credit that was extended to April 30th, 2010.
Another boost came from more businesses and industries moving to our area. Since October of 2009, Boeing has announced a move here, as well as the IMO Group, a manufacturer of parts for wind turbines; Moulton Logistics Company, a distribution center; Gildan T-Shirts, Tire Kingdom, Mankiewicz Coatings LLC, and a DOE grant has been awarded to Clemson University for a wind turbine testing facility.
Mortgage rates are also still at their lowest, and the market is flooded with approximately 9,500 homes, most of them at reduced prices.
Contact Charlotte at [email protected] or connect with her on LinkedIn.
