Customer Incentive

New Home Sales Rise in April

There's more good news for the housing market and new homes in particular.

According to HUD and the US Census Bureau, sales of new, single-family homes rose by 2.3 percent in April. Regionally, new home sales rose 3 percent in the South.

A quote from an article by the National Association of Home Builders reinforces this positive message. “Today’s report is further evidence of the gradual, consistent improvement we have been seeing in housing market conditions over the past year,” noted NAHB Senior Economist Robert Denk. “We’re now about half-way back to what could be considered a full recovery, and we do expect to see continual, solid gains in both starts and sales of new homes going forward.”

Interest rates remain low and house prices are trending upwards and inventory remains tight.  Now is the time to buy!

To read the full article from the National Association of Home Builders please click HERE. 

Home Appreciation

New research from Zillow suggests that home values will continue to appreciate, on average up to 5% through 2013.

This result is based on a survey conducted by Zillow and distributed to economists, market and investment researches and real estate experts.

With interest rates still low and home prices remaining stead, this is a great time to buy a new home from Lowcountry Residential Builders.

To see the full results of Zillow's survey visit their research website. 

In the News!

Foster's Glenn, Lowcountry's new home community located on Johns Island was featured in the Post and Courier this past week.

The write-up highlights Foster's Glenn unique location on Johns Island and it's proximity to Downotwn, the size of the homesites, spacious flooplans and included luxury features.

To read the whole article click here.  Then come see for yourself this weekend!

Directions: From downtown Charleston, head west over the Ashley River Bridge and veer left to Folly Road. Follow Folly over the Wappoo Bridge and turn right on Maybank Highway. Continue on Maybank over the Stono River bridge to Johns Island. At the River Road intersection, turn left. Go 4.8 miles and on the right is Foster’s Glenn.

Choosing a New Home

When buyers set out to buy a "new" home, it may not always mean a home that's never been lived in before. The home may just be new to them. But what are the benefits of buying a home that's completely new?  That question is the inspiration behind a recently launched website called "Start Fresh. Buy New".

Since the site launched in March of this year, it's received about 10,000 visitors a day. The goal of the site is to educate homeowners on the benefits of buying a newly constructed home and to help them find new homes in their area.

Some of the highlighted benefits to buying new vs. used are:

• Increased energy efficiency
• New home warranties
• Modern construction techniques and materials
• Higher ceilings
• More closet space
• Modern safety features
• Open floor plan design
• Follows latest trends in flooring, finishes, colors, and cabinetry
• Time/Money saved on home repairs and updates

To visit the site and learn more about the benefits of buying a newly constructed home
CLICK HERE.

What are some of the benefits you see to buying a newly constructed home?