FICO® Scores on Approved Home Loans Drop Again January 19, 2018

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.

U.S. and Canada Home Prices Pick up Steam, Bucking a Global Slowdown January 18, 2018

Home prices in gateway cities in the U.S. and Canada posted strong gains during the third quarter last year, bucking the global slowdown trend, according to a Knight Frank report released Monday.

The Impact of Tight Inventory on the Housing Market January 18, 2018

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.

712,000 Homes in the US Regained Equity in the Past 12 Months! January 17, 2018

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

4 Reasons to Sell This Winter [INFOGRAPHIC] January 16, 2018

Perhaps the time has come for you and your family to move on and start living the life you desire.

Time on the Market Drops to New Low in 2017 January 15, 2018

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

The Benefits of Homeownership Go Beyond the Financial January 12, 2018

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

How Rising Prices Will Help You Build Family Wealth in 2018 January 11, 2018

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

Industry Insiders' Top New Year Predictions January 10, 2018

The trends and topics home builders will be focused on in 2018 and beyond.

Charlotte —and Raleigh — among nation's 'hottest' housing markets for 2018; Here's why January 10, 2018

North Caroline's two largest cities — Charlotte and Raleigh — are home to the "hottest" housing markets for 2018, according to a new projection from residential real estate site Zillow.

There’s More to a Bubble Than Rising Home Prices January 09, 2018

What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.

Top 4 REAL Reasons We Buy a Home January 08, 2018

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons.

Top 5 Reasons You Shouldn’t FSBO January 05, 2018

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Existing Home Sales Reach Highest Annual Pace in 11 Years [INFOGRAPHIC] January 04, 2018

NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”

Housing Prices are NOT Heading for Another Crash January 03, 2018

As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices?

Henry's Glen Waddell Custom Homes Open House Event January 03, 2018

Home Discovery Open House Event!  The Art of Living the Life You Deserve

Rents Are on the Rise: Don’t Get Caught in the Rental Trap! January 02, 2018

There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage.

4 Reasons to Buy a Home This Winter! December 29, 2017

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

Home Prices Up 6.54% Across the Country! [INFOGRAPHIC] December 28, 2017

The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.

Should Boomers Buy or Rent after Selling? December 27, 2017

In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home.

Why Getting Pre-Approved Should Be Your First Step December 22, 2017

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

3 Tips for Making Your Dream Home a Reality December 21, 2017

Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it.

The #1 Reason to List Your House Today! December 20, 2017

Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning is that there will be more buyers than there are during the winter months and, therefore, their house will sell quicker and for a higher price.

Home Prices Up 7% from Last Year December 19, 2017

According to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase.

Why Is There So Much Paperwork Required to Get a Mortgage? December 18, 2017

Why is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three separate sources to validate each and every entry on the application form.

5 Reasons to Sell This Winter! December 15, 2017

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Median Days on the Market Drops to 34! [INFOGRAPHIC] December 14, 2017

The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.

The Real Reason Home Prices are Increasing December 13, 2017

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.

2 Charts That Show the Truth about Home Affordability December 12, 2017

There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better today than at almost any time in our history.

The Cost of NOT Owning Your Home December 08, 2017

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.

Existing Home Sales Slowed by a Lack of Listings December 07, 2017

The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.

The New Gold Standard: 10 U.S. Housing Markets That Will Rule 2018 December 07, 2017

These are the cities to watch for real estate in 2018.

Bubble Alert! Is it Getting Too Easy to Get a Mortgage? December 06, 2017

There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just the last year:

Access is an Important Factor in Getting Your House SOLD! December 05, 2017

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers.

Homeowners: Your House Must Be Sold TWICE December 04, 2017

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.

Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC] December 01, 2017

Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI).

Your Friends Are Crazy Wrong If They’re Telling You Not to Buy November 30, 2017

The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint. They are wrong!

Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope! November 29, 2017

Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place.

Mortgage Interest Rates Are Going Up… Should I Wait to Buy? November 28, 2017

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

Holiday Open House Sunday Dec 3rd November 27, 2017

Holiday Home Discovery Event | Sunday | December 3rd | 1:00 pm to 4:00 pm

1026 Ledge Wood Lane • Clover, SC 29710


$619,900 • Beds: 4 • Baths: 4 • 3,590 sqft • 2 full acres

7 Reasons to List Your Home This Holiday Season November 27, 2017

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Multigenerational Households May Be the Answer to Price Increases November 21, 2017

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by, “Nearly 1 in 5 Americans is now living in a multigenerational household – a household with two or more adult generations, or grandparents living with grandchildren – a level that hasn’t been seen in the U.S. since 1950.”

Low Inventory Causes Home Prices to Maintain Fast Growth November 20, 2017

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros.

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.


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.”


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!


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!



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


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.

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


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.



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.


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.


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


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!


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.

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.  


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.


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