Just like last year at this time, prospective home buyers should expect a competitive housing market for the next several months. With payrolls trending upward and unemployment trending downward month after month in an extensive string of positive economic news, demand remains quite strong. Given the fact that gradually rising mortgage rates often infuse urgency to get into a new home before it costs more later, buyers need to remain watchful of new listings and make their offers quickly.

 

May 2018 Monthly Indicators

New Listings were up 14.8 percent to 669. Pending Sales increased 24.6 percent to 588. Inventory shrank 7.1 percent to 2,211 units. Prices moved higher as Median Sales Price was up 9.7 percent to $328,000. Days on Market decreased 2.8 percent to 139 days.

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belfair south carolina, entry sign

Throughout the Southeast United States developers have incorporated the term ‘Plantation’ in the names of communities they create. This conjures up in the minds of the potential residents, visions of all the comfort, luxury and genteel ways during the Antebellum period.

Although many municipal governments throughout the south have passed legislation limiting the use of ‘plantation’ in the name of a community, inserting it is quite a common practice

So, it is a pleasure to describe a splendid community that before the War of 1812, was actually a working, thriving plantation - Belfair Plantation.

Legitimate Plantation Origins

Belfair had its beginnings as a plantation a year before the British invaded our shores in their attempt to re-inject…

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