{"id":5756,"date":"2019-10-12T14:58:08","date_gmt":"2019-10-12T18:58:08","guid":{"rendered":"https:\/\/mortgageequitypartners.com\/sc-charleston\/?p=5756"},"modified":"2019-10-13T22:32:10","modified_gmt":"2019-10-14T02:32:10","slug":"more-reasons-to-love-south-carolina","status":"publish","type":"post","link":"https:\/\/mortgageequitypartners.com\/sc-charleston\/more-reasons-to-love-south-carolina\/","title":{"rendered":"More reasons to love South Carolina"},"content":{"rendered":"

\"CoastalSouth Carolina is home to a booming housing market that is expected to continue its rise during 2019. It has a robust industry, tourist economy and is appealing to a larger population of retirees than ever before.<\/p>\n

The sunny southern state has been gaining a reputation as a major competitor to Florida\u2019s retiree and second homeowner market. While the most popular markets in Florida have a median home value of around 1 million dollars, a comparable property in South Carolina such as Myrtle Beach is running about $149,700. This price differentiator is causing more people to choose South Carolina over the more expensive Florida markets.<\/p>\n

The median home value in South Carolina is $168,600, which is a 5.7% increase since last year, and they are expected to rise by 3.0% with the next year, according to Zillow.<\/p>\n

According to a study by SmartAsset, an online financial advisor, the top counties include:<\/p>\n

    \n
  1. Lancaster County<\/li>\n
  2. Charleston County<\/li>\n
  3. Charlotte County<\/li>\n<\/ol>\n

    Data such as mortgage approval rates, interest rates, average five-year borrowing costs, and property taxes on a $200,00 loan with a 20 percent down payment were examined in this study.<\/p>\n

    Mortgage Equity Partners has loan officers in our South Carolina office ready to partner with customers to provide the best possible home financing. We have a vast portfolio of loan products with in-house underwriting and funding which is a considerable advantage to borrower seeking financing for a primary residence or second home in SC.<\/p>\n

    We are also authorized to lend on behalf of the South Carolina Housing Homebuyers program which provides low to moderate-income families, and individuals access to competitive fixed-rate mortgage loans. Down payment assistance and closing cost assistance may also be available to qualified borrowers.<\/p>\n

    There are a lot of reasons to love South Carolina! If you are looking to get into the market, contact an experienced loan officer<\/a> today!<\/p>\n","protected":false},"excerpt":{"rendered":"

    South Carolina is home to a booming housing market that is expected to continue its rise during 2019. It has a robust industry, tourist economy and is appealing to a larger population of retirees than ever before. The sunny southern state has been gaining a reputation as a major competitor to Florida\u2019s retiree and second […]<\/p>\n","protected":false},"author":2,"featured_media":5757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[6,4],"tags":[],"class_list":["post-5756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","category-news","entry"],"_links":{"self":[{"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/posts\/5756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/comments?post=5756"}],"version-history":[{"count":0,"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/posts\/5756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/media\/5757"}],"wp:attachment":[{"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/media?parent=5756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/categories?post=5756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mortgageequitypartners.com\/sc-charleston\/wp-json\/wp\/v2\/tags?post=5756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}