LKRE Press Release: New Agent Announcement

  Lake Keowee Real Estate is excited to welcome new agent Reah Smith to the team!  Reah has worked in real estate since 2010 in the areas of residential sales support, commercial sales support, residential property management and commercial property management.  Born and raised in Seneca, SC, Reah attended Seneca High School and went on to study at the University… (more…)

Home building on the rise?

By NORMAN CANNADA THE JOURNAL Local officials said they are seeing more signs of confidence in the Oconee County housing market as building permits for new homes and other construction rise to the highest levels in five years. The new Seneca Heights Townhomes site in Seneca is one of many places across Oconee County where construction work is currently underway.… (more…)

Lake Keowee Real Estate Press Release

LKRE Press Release Lake Keowee Real Estate has partnered with Team Slick-Wicked All Female Drag Racing to become a sponsor for the 2013 race season.  Team Slick-Wicked consists of 2 motorcycle drag racers, Angie Young and Reah Smith, a Chevy Custom Drag Truck racer Donna Carmen Blackwell, two female crew chiefs, and two motorcycle riders in apprenticeship. The ladies of… (more…)

U.S. Home Prices In April Jumped Most in 7 Years

  By The Associated Press | Posted Jun 4th 2013 11:00AM Updated Jun 4th 2013 12:01PM By Christopher S. Rugaber WASHINGTON — U.S. home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for fewer homes. Real estate data provider CoreLogic says prices rose in April from the previous April in 48 states.… (more…)

4 Big Drivers of the Housing Market Recovery

DAILY REAL ESTATE NEWS | THURSDAY, MAY 23, 2013 The Wall Street Journal highlighted four primary reasons why the housing market recovery is strong. They are: Sales have made big leaps from year-over-year levels. Existing-home sales are up 9.7 percent compared to one year ago. Sales are at an annual rate of 4.97 million, which is the highest level since November… (more…)

How to be the Most Attractive Homebuyer

The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff. As home prices continue to recover and interest rates remain at near-record lows, some houses are receiving multiple offers and to win the bid, buyers need to stand out from the crowd. According to the National Association of… (more…)

Home Sales Hit Fastest Pace In Three Years

The National Association of Realtors indicates that the sale of previously owned homes hit a three-year high in February, a sign the economy is definitely on the mend. However, it’s not too late to join the party. Here are several ideas I believe will allow you to benefit from this ongoing housing trend while also limiting your downside. Breaking Down The ETF… (more…)

Home prices: Biggest rise since housing bubble

Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales. The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006. “This marks the highest increase since the housing bubble burst,” said David Blitzer, chairman of the index… (more…)

Existing-Home Sales and Prices Continue to Rise in February

WASHINGTON (March 21, 2013) – February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of Realtors®. Sales have been above year-ago levels for 20 consecutive months, while prices show 12 consecutive months of year-over-year price increases. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops,… (more…)

Is It Safe to Sell Your House Now?

By RUTH SIMON It might finally be time to come out of the basement. Seven years after the housing market began to collapse, rising prices and thinner inventories are presenting new opportunities for home sellers. Some hot markets are even seeing multiple offers for the same property—a phenomenon rarely seen since the boom years—as buyers become more confident and seek to… (more…)