South Carolina Mortgage Rates
More and more residents are relocating to South Carolina, a state with a robust economy and a rosy employment picture. In fact, more homeowners and new residents from the north are moving to this state than to any other southeastern state. An increasing number of retirees are flocking to the state to benefit from lower state taxes. South Carolina legislators passed a bill which cut property taxes for seniors. Among the cities in South Carolina with appreciating real estate values are Charleston and Columbia. Charleston is outpacing most other cities in the state, and it boasts one of the highest median home prices in the state. It offers a diverse housing market, ranging from town homes, single-family residences, antique homes, and condos, all for a reasonable price and some in coveted oceanfront locations. Buyers seeking affordability should scout real estate in Columbia, where the vast variety of real estate options- ranging from upscale period homes in historic areas such as Cottontown, Arsenal Hill Elmwood to newly-constructed homes in Irmo, Lexington, and Eau Claire are drawing residents to this city. Also featuring affordable prices is the plush Hilton Head real estate. Listed among the top retirement and second-home investment markets in the United States is Myrtle Beach, which is witnessing a steady increase in home prices. South Carolina is also home to another important second-home investment market, Beaufort, ranked among the top ten in the country.