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March 2011 Sumter Real Estate Market Report

 Tue, Apr 19th 2011 3:04 pm by Kim PeasleyParker Sumter Real Estate Monthly Report
 
Market Summary Thru March 31, 2011      
 
...

Market Statistic

February 2011

March 2011 

Trend
Median Price of Homes Sold

$126,500

$142,400

+

Average Price of Home Sold

$135,104

 $151,137

+

Least Expensive Home Sold

$8,000

$13,000

+

Most Expensive Home Sold    

$353,000

$499,000

+

Price/ Sq. Ft.

$70.72

 $75.63

+

Average Days of Market (DOM)

157

 168

+

Total Active Inventory

1382

 1397

+

Median Home Size

1629
 1826

+

Median Number of Bedrooms

3

3

 


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3295 Mitchum, Ashbrook, Sumter, SC For Rent

 Wed, Mar 30th 2011 11:15 am by Kim PeasleyParker Rental Properties

This beautiful home has all the upgrades including a play set in the back yard.  Home will be available Mid April.  The home has almost 2400 square feet and is convenient to Sumter and Shaw AFB.  Home has a formal dining room and living room that feature hardwood flooring.  The first floor also has a family room with a gas log fireplace and is open the eat in kitchen.  A back stair case in the utility room leads to an oversized Bonus room that has a walk in closet and can be used as a forth bedroom.  The second and third bedrooms are a great size.  The master bedroom has a tray ceiling and private bath with double vanities, walk in closet and a separate tub and shower.  Call today to see ...


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February 2011 Sumter Real Estate Market Report

 Fri, Mar 11th 2011 11:30 am by Kim PeasleyParker Sumter Real Estate Monthly Report
 
Market Summary Thru February 28, 2011      
 

Market Statistic

January 2011

February 2011 

Trend
Median Price of Homes Sold

$120,306

$126,500

+

Average Price of Home Sold

$133,783

 $135,104

+

Least Expensive Home Sold

$19,900

$8,000

-

Most Expensive Home Sold    

$318,000

$353,000

+

Price/ Sq. Ft.

$74.95

 $70.72

-

Average Days of Market (DOM)

150

 157

+

Total Active Inventory

1356

 1382

+

Median Home Size

1620
 1629

+

Median Number of Bedrooms

3

3

 ...

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Mortgage Rates for March 10, 2011

 Thu, Mar 10th 2011 12:36 pm by Kim PeasleyParker Buyer Information

Mortgage Rates are provided by Carol Jo Horne at Residential Mortgage SC.  Call Carol Jo for friendly and easy financing on your next home!

 

 

Loan Program

Interest Rate

APR

Conventional 30 yr

4.875%

4.972%

Conventional 15 yr

4.250%

4.347%

FHA/VA 30 yr

4.750%

4.847%

FHA/VA 5/1 ARM

3.750%

3.847%

USDA 30 yr

4.875%

4.972%

State Housing

4.750%

4.847%

JUMBO 1 yr ARM

3.350%

3.447%

 

 

 

 

Carol Jo Horne

NMLS# 232461

Loan Officer

Residential Mortgage of SC

401 South Mill Street

Manning, SC  29102

Cell (803)533-9605

Fax (843...


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House vs. Home

 Thu, Mar 10th 2011 12:34 pm by Kim PeasleyParker Seller Information
My Home vs The House

Many sellers struggle with putting their homes on the market.  Homes are a personal thing.  Homes are where we live.  Where we retreat to after a long hard day.  Where our families met up each day to discuss their days and activities. …....SCREECH!  Stop those thoughts!

As a seller of a home in Sumter, you need to think of this property as a HOUSE.  It is bricks, vinyl, mortar, sheet rock and flooring.  A HOUSE has less emotional attachment than a home.  As a Realtor, one of the first things I learned was a property is a HOUSE to the Seller and a HOME to the Buyer.  It is the emotional attachment that is the only difference.  

So as a seller, you are now living a in HOUS...

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Mortgage Rates for March 9, 2011

Wed, Mar 9th 2011 11:57 am by Kim PeasleyParker Buyer Information

Mortgage Interest Rates are provided by Carol Jo Horne at Residential Mortgage.  Call Carol today for the latest mortgage rates and for helpful, friendly service.  She will meet or beat any lenders fees!

 

Loan Program

Interest Rate

APR

Conventional 30 yr

4.875%

4.972%

Conventional 15 yr

4.250%

4.347%

FHA/VA 30 yr

4.750%

4.847%

FHA/VA 5/1 ARM

3.750%

3.847%

USDA 30 yr

4.875%

4.972%

State Housing

4.750%

4.847%

JUMBO 1 yr ARM

3.350%

3.447%

 

 

 

 

Carol Jo Horne

NMLS# 232461

Loan Officer

Residential Mortgage of SC

401 South ...


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Sumter Real Estate: VA Funding Fees

 Tue, Mar 8th 2011 4:02 pm by Kim PeasleyParker Buyer Information

VA Funding Fees

VA Funding Fees

 

VA Funding Fees are the money’s a borrower pays to use their VA benefits when purchasing a home.  The Funding Fees are normally added to the total principal of the loan.  When the borrower is putting no money down, the result of adding the Funding Fees is the mortgage is higher than the sale price of the home.  Though the funding fee may not seem like a lot at the time of purchase in the recent market of low appreciation if any, this increase to the mortgage can cost borrowers when they try to sell.

 

The VA Funding Fee is  different depending on if the veteran is using the benefit for the first time or for subsequent purchases.  The Funding Fe...


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16 Baker St, Sumter, SC

Tue, Mar 8th 2011 1:18 pm by Kim PeasleyParker Sumter Homes for Sale

This home is unique.  Originally built as a single family home in 1949, it was later converted into a duplex and has since been returned to a single family home.  The home has a wonderful front porch to enjoy the evenings.  The front room has high ceilings and is mirrored by a second sitting room at the front of the house.  The home has two bathrooms and then two bedrooms that sit at the back of the house.  Included in the 1500 square feet is the a dining room and kitchen that has been updated.  The seller is willing to replace the windows if the offer is acceptable. 

For more information about this wonderful older home in downtown Sumter click here.


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Sumter Real Estate My Home vs. The House

 Tue, Mar 8th 2011 10:13 am by Kim PeasleyParker Seller Information
Many sellers struggle with putting their homes on the market.  Homes are a personal thing.  Homes are where we live.  Where we retreat to after a long hard day.  Where our families met up each day to discuss their days and activities. …....SCREECH!  Stop those thoughts!

As a seller of a home in Sumter, you need to think of this property as a HOUSE.  It is bricks, vinyl, mortar, sheet rock and flooring.  A HOUSE has less emotional attachment than a home.  As a Realtor, one of the first things I learned was a property is a HOUSE to the Seller and a HOME to the Buyer.  It is the emotional attachment that is the only difference.  

So as a seller, you are now living a in HOUSE.  Realizing this h...

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Willard Farms Welcomes Spring to Sumter

 Sun, Mar 6th 2011 4:15 pm by Kim PeasleyParker Activities In and Around Sumter

 

Last fall, we visited Willard Farms for their pumpkin patch and enjoyed a hay ride and family time walking through the pumpkin patch and learning more about the farm.

Willard Farms MarketWillard Farms is a family run farm that has expanded beyond traditional row crops and is reaching out to consumers in the area to help develop agricultural knowledge in the community.  They are kicking off the spring season with a remodel of the market store.  They have had a new tile floor installed and are moving the candy kettle out of the kitchen and into the store for all to see.  Jamie and Mrs. Willard cook up over 400 different types of fudge!  Along with the traditional flavors, they have a specialties like Southe...

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Sumter Restaurants: Georgios Sumter

 Thu, Feb 24th 2011 1:16 pm by Kim PeasleyParker Activities In and Around Sumter

 

Georgio’s is a family run business that offers up great pizza, subs, pasta, salads, casseroles and Parmesan dishes.  I first visited Georgios II on Pinewood Road when I lived and worked on that side of Sumter.  After leaving the area and moving back, I returned to the Pinewood Road location and was told about the Shaw AFB location on Sycamore, which is very close to my home.
 

Georgios Sumter Genoa Salami Sub

Both locations serve the same menu and have dine in and carry out available.  I have never found anything I didn’t like on the menu only favorites, including the Georgio’s Special Sub!  A hot sub that makes my mouth water and is worthy of a show like “What is Your Favorite...” on Food Network. 
Ton...

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Search the Sumter MLS Like a Realtor®

 Wed, Feb 16th 2011 2:32 pm by Kim PeasleyParker Buyer Information

 

Search the Sumter MLS like a Realtor®!  I am so pleased to be able reveal my new website with the enhanced search features.  As a Realtor® in Sumter, I have always been disappointed with the search options available from our MLS on many websites.  I always wanted to offer more to my clients but was never able to find one.  

I have been a skeptic and when AgentOwned offered their Agent-Owners premium websites through Myrsol, I did my research.  I quickly learned the search feature offered what I had wanted to be able to offer my clients for years.  

So please take a look at Search Listings and give it a try.  It is the best around!!!  When looking for Sumter Homes or Sumter Rentals, your ...

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January 2011 Sumter SC Real Estate Market Report

 Tue, Feb 8th 2011 4:00 pm by Kim PeasleyParker Sumter Real Estate Monthly Report
 
 
Market Summary Thru January 31, 2011      
 

Market Statistic

December 2010 

January 2011 

Trend
Median Price of Homes Sold

$142,500

$120,306

+

Average Price of Home Sold

$150,567

 $133,783

+

Least Expensive Home Sold

$6,000

$19,900

+

Most Expensive Home Sold    

$550,000

$318,000

+

Price/ Sq. Ft.

$73.67

 $74.95

+

Average Days of Market (DOM)

197

 150

+

Total Active Inventory

1280

 1356

+

Median Home Size

1735
 1620

-

Median Number of Bedrooms

3

3

 ...

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Memorial Park Sumter South Carolina

 Tue, Feb 1st 2011 4:41 pm by Kim PeasleyParker Activities In and Around Sumter
Sumter Real Estate Sumter Memorial Park
Tucked back in a city block among historical homes is a nice quiet park in the Historical District of Sumter, SC.  Sumter Memorial Park Sumter HomesThis park is almost a city block and is surround partially with a brick and iron fencing. The park features a 1/3 mile walking trail around it and a large center walk way leading up to covered area.  Sure this has a name but not sure the proper name!
Sumter Memorial Park Sumter SC HomesThere is a nice play area for the kids with a slide area for smaller tots and a larger triple slide for 5 to 12 year olds as the sign says, but I have seen an adult on there!  There are two sets of swings, one with child safety seats and the second with regular swings.
A large open area is great for playin...

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Venting A Range Hood in Your Sumter Home

 Tue, Feb 1st 2011 10:09 am by Kim PeasleyParker Home Projects and Gardening

 

Ever since moving into this house, I have wanted an exhaust hood that actually vented to the outside!  Thanks to my old microwave not heating food the way it should my dream has come true!  

Last Saturday we stopped at our favorite appliance store, Ard’s Appliance.  Ard’s is a local Sumter business who offers great service from the knowledgable owners and son, free delivery, and a wide variety of brands.  We had the microwave in a matter of minutes loaded into the back of the vehicle and were headed home. 

Sunday afternoon was the install day.  I was the helper for the day and was pleased with how easy my husband seemed to make it!  We did the prep work while our daughter napped and then...

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Paint Meet Crayon

 Mon, Jan 24th 2011 1:33 pm by Kim PeasleyParker Seller Information

 

Maddie's Artwork on the WallYou know that distinctive sound.  The sound a crayon makes when a child uses it on a hard surface like a door or wall.  A hollow sound, just like the hollow feeling you have in the pit of your stomach. That whirrrr whirrrr sounds to your ears makes my stomach do whirrrr whirrrr flip flops.
Thank goodness for that wonderful invention of washable crayons and markers.  But even with those, not 100% of the color and crayon are removed from some surfaces. 
So thus, as my daughter Madeline has discovered crayons and the walls, so begins my search for ways to remove crayons from paint.  I found a great list of 21 Ways to Remove Wax Crayons from Tipnut.com.
 
In my house my first...

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House Hunting Priorities

 Fri, Jan 21st 2011 10:30 am by Kim PeasleyParker Buyer Information

House Hunting Priorties Sumter Real Estate

Last week as I thinking about real estate and what buyers are looking for, I watched my daughter as she moved around the living room.  She was huddled up against the wall, then slowly moved out and I realized she was playing a game she has since a tiny baby.  She was making shadows and playing the sun.  

Since I was thinking about real estate, I thought if we stripped away all our adult thoughts and notions what would we really want in a home?  I know for my daughter it would be windows that let the morning sun shine in with some moderation.  After all if the room is filled with too much sunlight, how can one make shadows?  

For Maddie, this would mean exactly the house we have.  With sid...

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December 2010 Sumter Real Estate Market Report

 Fri, Jan 7th 2011 11:01 am by Kim PeasleyParker Sumter Real Estate Monthly Report
Market Summary Thru December 31, 2010
 

Market Statistic

November 2010

December 2010 

Trend
Median Price of Homes Sold

$132,450

$142,500

+

Average Price of Home Sold

$136,259

 $150,567

+

Least Expensive Home Sold

$5,000

$6,000

+

Most Expensive Home Sold    

$329,000

$550,000

+

Price/ Sq. Ft.

$71.55

 $73.67

+

Average Days of Market (DOM)

156

 197

+

Total Active Inventory

1375

 1280

-

Median Home Size

1707
 1735

+

Median Number of Bedrooms

3

3

 

M...


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November 2010 Sumter Real Estate Market Update

 Thu, Jan 6th 2011 11:54 am by Kim PeasleyParker Sumter Real Estate Monthly Report
Market Summary Thru November 30, 2010
...

Market Statistic

October 2010

November 2010

Trend
Median Price of Homes Sold

mce_markerlt;span style="font-size: small">128,870

$132,450

+

Average Price of Home Sold

mce_markerlt;span style="font-size: small">132,962

$136,259

+

Least Expensive Home Sold

mce_markerlt;span style="font-size: small">15,000

$5,000

-

Most Expensive Home Sold

mce_markerlt;span style="font-size: small">370,000

$329,000

-

Price/ Sq. Ft.

mce_markerlt;span style="font-size: small">68.95

$71.55

+

Average Days of Market (DOM)


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Why are Rents so High?

 Thu, Dec 30th 2010 7:28 am by Kim PeasleyParker Buyer Information
I will be up front with you about this post, it was generated based upon a bad experience of an agent in our office.  She had been showing a possible tenant rentals, when he fly into a tirade in her office about how expensive rentals were when base housing allowance was $X and he needed a larger place because he had a large family. Rent prices in any area comes down to supply and demand.  You remember the concept that was taught in our high school economics class.  It applies to the real estate market for buying and selling properties as well as renting properties. Sumter is experiencing an increase in demand that is higher than the available rentals.  This isn’t uniques to Sumter eithe...

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