Good news for home buyers: lenders are reportedly easing credit standards. One of the nation’s largest mortgage lender recently announced it has cut its minimum credit score for borrowers of Fannie Mae and Freddie-backed loans from 660 to 620. Borrowers with lower credit scores must prove their ability to sustain home ownership, however. Lenders are… Read More >>
Twelve of the 20 fastest-growing industries in the U.S. over the past year are related to real estate and construction, according to data from Sageworks, a financial information company. What’s more, all of the industries on the list that are related to construction saw sales growth at 2 percentage points to 15 percentage points above… Read More >>
A first time Myrtle Beach home buyer is bound to make mistakes throughout the entire home buying process. This is especially true if the home buyer works alone and has failed to enlist the services of a real estate agent. Additionally, working with a professional lender can also make a huge difference. Without the services… Read More >>
Not many locals with at least one eye working will be surprised, but a national real estate information company says that South Carolina is high on the national list of the number of new homes sold. In its report, CoreLogic notes that new home sales are stronger in markets where homes are cheaper. That puts… Read More >>
Readers of USA Today were asked what golf destination they believe is the best in the world, and they chose Myrtle Beach. The Myrtle Beach area has been voted “Best Golf Destination” in the 10Best Readers’ Choice contest on the newspaper’s web site. The honor has been recognized online and is expected to be acknowledged… Read More >>