News
Renting or Buying…Either Way, You’re Paying Someone’s Mortgage November 17, 2017

There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

How to Save on a Mortgage Payment Whether Buying or Selling November 16, 2017

In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains:

The #1 Reason to List Your House, NOW! November 15, 2017

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, the opposite is true.

Millennials Flock Towards Low Down Payment Programs November 14, 2017

report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less.

Make This Your Home for the Holidays Open House!! November 09, 2017
Moving-Up to a Luxury Home? Now’s the Time! November 09, 2017

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.

Buying Remains Cheaper Than Renting in 39 States! November 08, 2017

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

Thinking of Selling? You Should Do It TODAY!! November 07, 2017

That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY!

4 Reasons to Sell This Fall November 06, 2017

Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available!

Net Worth of Homeowners 44X Greater than Renters November 03, 2017

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago.

Millionaire to Millennials: Buy a Home Now! November 02, 2017

In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.”

The Mortgage Process: What You Need to Know November 01, 2017

Some Highlights:

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.
A Tale of Two Markets: A 6-Month Update October 30, 2017

Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets.

Which Homes Have Increased in Value the Most? October 27, 2017

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report,revealed that national home prices have increased by 6.7% year-over-year.

Should I Buy A Home Now? Or Wait Until Next Year? [INFOGRAPHIC] October 26, 2017

Some Highlights:

  • The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 4.4% by next year.
  • CoreLogic predicts home prices to appreciate by 5.0% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!
Thinking of Selling your Home? Competition is Coming October 25, 2017

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.7% over last year.

What to Look for in Your Real Estate Team October 24, 2017

How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender?

More Than Half of All Buyers Are Surprised by Closing Costs October 23, 2017

According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.

WHY ARE SO FEW HOMES FOR SALE? October 20, 2017

There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.”

ENJOY A VIDEO TOUR OF OUR BEAUTIFUL NEW HOME October 18, 2017

When a beautiful home and a gifted videographer come together it is simply magic! Check our our amazing Waddell Custom Home in Clover SC. Thanks Mark with AlphaVista Productions for an amazing job!

THIS WEEKEND - HOME DISCOVERY EVENT AT OUR NEW CLOVER HOME October 13, 2017

10/14 11:00 AM to 1:00 PM & 10/15 2:00 PM to 5:00 PM

1026 Ledge Wood Lane • Clover, SC 29710

Located just off Brandon Road, Clover SC - Look for Henry's Glen Entrance!

 

HENRY'S GLEN PHASES II & III QUICK GLANCE October 13, 2017

Plans for Henry's Glen Phases II & III released.  The perfect setting for your dream home.

HOME SALES EXPECTED TO INCREASE NICELY IN 2018 October 12, 2017

Freddie MacFannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next.

5 REASONS TO SELL THIS FALL October 11, 2017

Here are five reasons listing your home for sale this fall makes sense.

TOP 5 REASONS WHY MILLENNIALS CHOOSE TO BUY [INFOGRAPHIC] October 10, 2017
PUBLIC OPEN HOUSE October 09, 2017

Public Open House - Saturday | October 14th | 11:00 am - 1:00 pm

1026 Ledge Wood Lane | Clover SC 29710

Hosted by Genise Stitt

REPORT: HOMEOWNERSHIP IS A PRECONDITION OF THE AMERICAN DREAM October 09, 2017

Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed that “all generations–including millennials–agree homeownership is very important to achieving the American Dream.

 

HAPPILY EVER HOMEOWNER October 06, 2017

Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.

LOOKING FOR YOUR DREAM HOME? KNOW WHAT YOU WANT VS. WHAT YOU NEED October 05, 2017

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.

4 REASONS TO BUY A HOME THIS FALL October 04, 2017

Here are four great reasons to consider buying a home today, instead of waiting.

HOW SUPPLY AND DEMAND IMPACTS REAL ESTATE HOME VALUES [INFOGRAPHIC] October 03, 2017

The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!

HOW TO PREP YOUR HOME FOR SALE IN 30 DAYS September 28, 2017

You’ve decided to sell your home. Now what?

Preparing your home to show to prospective buyers can be a lot of work. After all, the goal is to sell it for top dollar, and buyers have high expectations. Experts say most homeowners will be able to get their home in shape in 30 days, if they stay motivated and work hard.
OUR NEWLY CONSTRUCTED HOME FOR SALE September 27, 2017

Write yourself into the pages of this home’s story starting at chapter 1.  Be the first to enjoy this stately custom home currently in the final stages of construction. This soon-to-be bestseller is an opus to fine living set in the picturesque, natural setting of beautiful Henry’s Glen.  Incredibly spacious and finely crafted to perfectly capture its scenic surroundings; add to that nature’s accompanying soundtrack thus completing the tale’s backdrop.  Now, let’s feature you as the story’s main character.  

TOO MANY HOMEBUYERS AND NOT ENOUGH HOMES September 27, 2017

Across the Charles River from Boston is Cambridge, one of those places where people can't seem to buy enough real estate. No matter what size or condition, houses here receive multiple bids and seldom stay on the market for more than a day. Some buyers pay upwards of a half-million dollars to knock down a house so they can build two homes on the same small lot.

FOURPLANS: TOP-SELLING DESIGNS BY FRANK BETZ May 26, 2017

These popular house plans win over buyers with open layouts and classic exteriors.

Cost of Building Materials is on the Rise May 16, 2017

Prices of softwood lumber, gypsum, ready-mix concrete and OSB all rose for the second consecutive month, according to the latest Producer Price Index (PPI)  released on April 13 by the Bureau of Labor Statistics.  Softwood lumber and OSB experienced the largest price increases.

Top 3 Things Second-Wave Baby Boomers Look for in a Home January 18, 2017

According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs.

Housing Outlook 2017: Eight Predictions From The Experts January 06, 2017

In so many ways 2016 was an unprecedented, volatile and, for some...

10 Real Estate Trends to Watch in 2017 December 01, 2016

Nearly a decade after the real estate crisis set off wild swings in the housing market, most markets finally stabilized last year. The election of Donald Trump has brought uncertainty into the industry, however. While the President-elect built his empire on real estate, he has said relatively little about what policy changes he might make regarding housing.  That’s not too unusual, since when the housing market is doing well it is generally not a campaign issue.

Here’s what the experts we spoke with expect to see in 2017

Here are the top 5 trends in real estate over the past 35 years October 21, 2016

A look back at real estate from Realtors

Seven Current Design Trends That Will Date Your Kitchen The Most September 15, 2016

What does the typical 2016 kitchen look like? Which trends will date and which will stand the test of time? We consulted the experts to ensure your next kitchen is as stylish and timeless as it can be…

America’s New Small Towns: Housing Developments That Recreate Village Life September 15, 2016

With quaint shops, wraparound porches and pedestrian-friendly streets, these new communities appeal to homebuyers' desires for a strong sence of place

New Custom Homes May 16, 2016

We are currently building custom homes in Springfield, Larne Glen,  Fewell Park area of Rock Hill and River Oaks Road near Lake Wylie.  Let us build your custom home on your lot, or we can help you find a lot.

Outdoor Living Spaces and Smart Home Technology Top AIA Home Trends Survey | Builder Magazine | Design, Products, Energy-Efficient Design, Outdoor Rooms, Design and Trends, home energy management systems, smart home September 25, 2015

The second quarter of 2015 emphasizes increased popularity of technological systems and the recovery of special function rooms.

Smart homes catch on, especially among millennials September 06, 2015

The smart home is here to stay. A survey of U.S. adults by Coldwell Banker Real Estate LLC, the original Silicon Valley real estate start-up founded in 1906, and CNET, the world's largest and most trusted online source of consumer technology news and reviews, found that Americans are already embracing the smart home with 28 percent owning at least one smart-home product and almost half of millennials (ages 18 to 34) adopting the technology.

Natural Amenities Top Homebuyers’ List of Favorites September 02, 2015

Being outside doesn’t just mean backyard pools and patios anymore. With the growing focus on health and wellness, today’s homebuyers are drawn to living healthier and nature-based amenities are at the top of their list. While the increased health benefits are important, it’s decreasing cost to manage and operate that makes natural settings more than just a pretty place.

Top 10 Trends from the 2015 Houzz and Home Report July 31, 2015

Wray Ward vice president Leslie Gillock breaks down the top 10 trends from the 2015 Houzz & Home Report, which surveys 260,000 Houzz.com users annually to determine the most prominent  trends in building and design, as well as collect demographic data.

Urban Meets Suburban in Millennials' Home Buying Preferences May 29, 2015

Customization reigns in a new survey that shows a unique set of real estate priorities for millennial home buyers

Loans for Building a Dream Home March 16, 2015

Designing a new home from scratch has appeal. The trick is how to pay for it.

New Home Sales at Highest Pace Since June 2008 February 04, 2015

Pent-up demand should keep momentum moving forward in 2015.

5 Housing Market Predictions for 2015 January 08, 2015

realtor.com: "It’s a new year—and the outlook on the housing market is definitely brighter. After all, 2014 was the best year in the U.S. economic recovery since the recession of 2008-2009." ...

Popular Design Features in New Homes July 07, 2014

Improved accessibility, outdoor living spaces, green, energy efficient products like appliances and heating and cooling systems are in high demand today.

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News

  • Renting or Buying…Either Way, You’re Paying Someone’s Mortgage November 17, 2017

    There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

  • How to Save on a Mortgage Payment Whether Buying or Selling November 16, 2017

    In Trulia’s recent report, The #1 Reason to List Your House, NOW! November 15, 2017

    The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, the opposite is true.

Waddell Custom Homes
2243A Ebenezer Road
Rock Hill, SC 29732
Phone: (803) 985-4160
Fax: (803) 985-4165