Starting with Charleston: local headlines are below, then the rest of South Carolina, topics touching your loan and insurance math, and national stories only where they matter to this market.
National headline first
Mortgage rates hold at 7.63% as inflation pressures persist
FHA fell to 7.37% from 7.59% and jumbo slipped 10 bps to 7.75% as Treasury yields stayed elevated Worth watching for anyone buying in Charleston this year.
Source: housingwire
Charleston
Freddy's Opens 600th Restaurant in Beaufort, SC
Freddy's Opens 600th Restaurant in Beaufort, SC Food & Beverage Magazine More detail in the source link if you want to dig in.
Source: google-charleston-business
Freddy’s Frozen Custard & Steakburgers Opens 600th Restaurant.
Freddy’s Frozen Custard & Steakburgers Opens 600th Restaurant. Franchising.com More detail in the source link if you want to dig in.
Source: google-charleston-business
Grill at your own table at this Japanese-inspired BBQ restaurant opening in Summerville
Grill at your own table at this Japanese-inspired BBQ restaurant opening in Summerville Post and Courier Local inventory and DOM will tell you more than a national average.
Source: google-charleston-business
Men's Wearhouse Expands North Charleston Presence with New Northwoods Mall Store
Men's Wearhouse Expands North Charleston Presence with New Northwoods Mall Store PR Newswire Local inventory and DOM will tell you more than a national average.
Source: google-charleston-business
Around the market
Florida’s $0 Property Tax Proposal Comes With a Catch
Voters are three weeks from deciding whether to radically reform the state's property tax system. Here's what it means. More detail in the source link if you want to dig in.
Source: realtor-news
Higher mortgage rates keep home sales stuck around year-to-date lows
Higher mortgage rates keep home sales stuck around year-to-date lows Yahoo Finance Worth watching for anyone buying in Charleston this year.
Source: google-us-housing
National
A New $45 Million Nantucket Estate With Secret Tunnel and Hidden Speakeasy Could Break State’s Sales Record
Look in the Cliff area of Nantucket, this brand-new compound features a hidden speakeasy, secret underground tunnel, and water views. More detail in the source link if you want to dig in.
Source: realtor-news
A Third of Pandemic
Buying a home can be a high-stakes decision under pressure, and for many in recent years, buyer's remorse has become a real problem. More detail in the source link if you want to dig in.
Source: realtor-news
ARMLS, HouseCanary expand Google Listings Program in Arizona
Unlike other MLS deals, ARMLS participation is opt in and brokerages can also enroll directly through HouseCanary More detail in the source link if you want to dig in.
Source: housingwire
Anchor Retail Closes $2.05M Sale of 1240 Oak Street, a 10-Unit Multifamily Property in Columbus' Olde Towne East Neighborhood
Anchor Retail Closes $2.05M Sale of 1240 Oak Street, a 10-Unit Multifamily Property in Columbus' Olde Towne East Neighborhood markets.businessinsider.com More detail in the source link if you want to dig in.
Source: google-us-cre
Draft from fetched headlines. Edit for voice before publishing.
Headlines from public reporting as of publish date. General market commentary, not legal, tax, or investment advice.