The Impact Of Brexit On Buyers and Sellers In the Lowcountry – A Great Window Of Opportunity
Posted by Charter One Realty onÂ
U.S. home buyers and homeowners seem to be reaping a benefit since Britain’s vote to leave the European Union – mortgage rates that are quickly dropping. Interest rates have remained at historic lows for the past several years, and rates have remained low throughout the first half of 2016. In light of the recent Brexit vote, economists expect them to head even lower.
On June 27th of 2016, the 30-year fixed-rate mortgage averaged 3.46%. This is nearly the lowest average since 2012, according to Realtor.com. “Lower rates produce lower monthly payments and greater buying power—those who are well qualified can afford a home that’s 8 percent more expensive than at the beginning of the year,” Jonathan Smoke, realtor.com®’s chief economist, writes…
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Charter One Realty has received the Readers’ Choice Award for the 2016 Best Real Estate Brokerage from the readers of the Island Packet newspaper.  For over a decade, Island Packet has counted on the community to identify the “best of the best” in Hilton Head and Bluffton. Readers were encouraged to pre-nominate individuals and businesses that they felt best deserved the recognition in southern Beaufort County. Almost 6,000 businesses and individuals were nominated then placed into their respective categories. Voting took place online back in May of 2016 where participants chose their favorites from “drop down” boxes. Participants were allowed to vote…
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