Camellias are beautiful flowers commonly found in the Southern regions. They are often known for their delicate and colorful blooms, and can make for great photography subjects, especially in the rain. The recent frost may have affected the longevity of the blooms, but it is still possible to enjoy them while they last in Walterboro, SC.
Here are a few photos that I took in the rain this week. It might be the last of the season depending on how hard this last Frost was in the South Carolina. I hope that you enjoy! #Lowcountry #Lowcountryliving #calgriffin
.png){kind=spacer}
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.
Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage Bankers Association (MBA) shows mortgage applications increased last week by 7% compared to the week before.
So, if you’ve been planning to sell your house but you’re unsure if there will be anyone to buy it, this shift in the market could be your chance. Here’s what experts are saying about buyers returning to the market as we approach spring.
“Mortgage rates are now at their lowest level since September 2022, and about a percentage point below the peak mortgage rate last fall. As we enter the beginning of the spring buying season, lower mortgage rates and more homes on the market will help affordability for first-time homebuyers.”
Lawrence Yun, Chief Economist, National Association of Realtors (NAR):
“The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November.”
"We expect the labor market to remain robust, wages to continue to rise—maybe not at the pace that they did during the pandemic, but that will open up some opportunity for folks to enter homeownership as interest rates stabilize a bit."
“Homebuyers are waiting for rates to decrease more significantly, and when they do, a strong job market and a large demographic tailwind of Millennial renters will provide support to the purchase market.”
If you’ve been thinking about making a move, now’s the time to get your house ready to sell. Let’s connect so you can learn about buyer demand in our area the best time to put your house on the market.
https://www.mobilehome.net/ Features Mobile Homes in the South
https://www.land.com/ A Land Search Portal
The Camelia has three seasons of blooming in the Lowcountry. We are lucky because this last frost was not too hard. These are gorgeous. Which one is your favorite?.jpg)
.jpg)
.jpg)
