Molly Ramey Ratchford, Realtor

Seeing chatter online that’s making you wonder if home prices are about to fall? Here’s some information that’ll put your mind at ease.

Over 100 housing experts agree prices are projected to rise nationally for at least the next five years. And even the most pessimistic of those forecasters are not calling for a crash, or even a decline.

Now, the pace of that price growth will vary by market. Some areas will climb more than others. Some may see small, short-term declines. But the big picture is: expect slow, continued growth.

And that’s not a crash. That’s a market getting closer to what’s normal.

Want to see what’s happening with prices where you live? Call, Text or Email me.

Mortgage rates just had their biggest one-day drop in over a year.

They fell to the lowest they've been since last October.

And that shift matters. Compared to when rates were at 7% earlier this year, that could mean your future monthly payment is now about $200 lower.

Want to know how much you could save if you’re looking to buy? DM me and let’s talk it over.

The market is shifting, and sellers who aren’t up to date are falling behind. But you don’t have to be one of them.

Today, nearly 1 in 5 homeowners are reducing their asking price to try to draw buyers back in. And that’s what happens when homes are priced based on last year’s headlines, not this year’s reality.

Because, in today’s market, if your asking price isn’t compelling, it’s not selling.

But homes priced right are still selling – and for top dollar – they just need a local agent’s expertise to hit that perfect number.

Let’s talk about what’s happening in your neighborhood, even if you’re not ready to sell today. This way, you’re always in the know when the timing is right for you.

As the market shifts, nearly 44% of today’s sellers are offering concessions. That includes throwing in perks for buyers like repair credits or help with closing cost. But here’s the key.

Concessions aren’t losses. They’re tools. And the homeowners who understand that are winning – big time.

The savviest sellers are using concessions to bridge gaps, sweeten offers, and get across the finish line.

Because, with home prices up roughly 55% over the past five years, there’s plenty of room to negotiate and still come out ahead.

Want to go over which levers are worth pulling in our market? Let’s chat. That way you know what’s working for sellers in your local area, whenever you’re ready to make your move.

Still waiting for lower mortgage rates? Here’s what you need to know.

The latest expert forecasts say rates are expected to settle between 6.5-7% this year. And that means they’re not expected to drop as much as you may have hoped.

If you need to move, you don’t have to wait until mortgage rates come down more. Options like buydowns, adjustable-rate mortgages, and assumable loans can help make homeownership more affordable right now. Reach out to a lender to learn more.


waiting for lower mortgage rates? Here’s what you need to know.

The latest expert forecasts say rates are expected to settle between 6.5-7% this year. And that means they’re not expected to drop as much as you may have hoped.

If you need to move, you don’t have to wait until mortgage rates come down more. Options like buydowns, adjustable-rate mortgages, and assumable loans can help make homeownership more affordable right now. Reach out to a lender to learn more.

JUST LISTED AND OPEN HOUSES
https://www.flexmls.com/share/Ae9p6/1504-Galloway-Lane-Charleston-SC-29412

FOR SALE: Like New - Matching Espresso 5 drawer Dresser and 2 drawer nightstand. The nightstand has power.
Dresser Dimensions: 40'w x 18"d x 60"h
Nightstand Dimensions: 24"w x 17"d x 26 1/2"h
Price for the set: $350.00 Cash
Pick up in Carolina Park by Sunday, May 19th

Like New Thomasville Sectional and Storage Ottoman with nail head trim. Smoke and Pet Free home. Pick up in Carolina Park by Sunday, May 19th.
Sectional Dimensions: 90" x 114" x 37"deep
Ottoman Dimensions: 28" x 28" with hinged top
Price: $650.00 cash

Just Listed Today ~ The Coves at Cane Bay
4 Bedroom, 3.5 Baths, Amazing Upgrades. Easy to show!!

206 Calm Water Way, Summerville, SC 29486 Wow! This home is a show stopper, situated on a large corner lot with a fully fenced backyard and comes with a whole home Generator to provide comfort during power outages. This 1-owner home was built in 2018 with many upgrades added the time of construction. There is NO CARPET in this home. Wood La...

🎯NEW LISTING & OPEN HOUSES🎯
⭐️Saturday, Nov. 4th 10:00AM to Noon ⭐️
⭐️Sunday, Nov. 5th 1:00PM to 3:00PM
Madison at Park West ~ 2 Bed / 2 Full Bath + 1-car detached Garage

1300 Park West Boulevard 520, Mount Pleasant, SC 29466 Welcome to this charming 2nd floor condo with a detached 10 foot x 20 foot garage (8C), offering comfort, convenience and a picturesque view of the woods. This well-maintained unit features two, large bedroom suites each with walk-in closets. Step inside to discover wood flooring in the main living....

🎯NEW PRICE & BUYER INCENTIVE ‼️
☎️Contact me for details and Schedule your Showing Today 🏡

With Interest Rates about twice what they were at the start of last year, it’s good to know there are options out there for getting a lower rate! Take a look at a few of the tactics that have helped my buyers make homeownership more affordable! If you’re curious and want to hear of some tactics I would use in your specific situation, let's talk about options for your needs.

CarolinaOneAgent Affordability Tactics for Buyers in 2023