Important real estate statistics for: Bluffton, Hilton Head, and Savannah.
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I will be doing a blog series comparing and contrasting the Savannah and Charleston, SC real estate markets as they have similar offerings, however, the Savannah market has a higher % of single family homes under $500,000 than Charleston does. Charleston In January there were 2,980 single family homes
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Sometimes builders have either a special relationship with a lender or they own the lending company. They can purchase large "chunks" of money at lower interest rates and then offer those interest rates to their buyers–usually those who use government loans. This is usually not for investors.
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Mortgage rates in January briefly rose to 7.04% before falling back down to 6.95% which was slightly higher than when the month started. Charts are interactive. Tap on the data for more information. Avereage 30 Year Fixed Mortgage Interest Rate January 2025
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