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Author Archives: Nancy Orman

    Murrells Inlet & Waccamaw Neck Real Estate Market Report

    By Nancy Orman | August 31, 2022

    Area Covered by the Real Estate Market UpdateThis Market Update covers all residential real estate transactions in two large geographic areas on the South Strand. The Greater Murrells Inlet area includes a large geographic area from Brookgreen Gardens in the south, to Murrells Inlet in the east, to Hwy 544 on the northern border, and... Read More

    Deviled Crab

    By Nancy Orman | August 22, 2022

    Recipe for Deviled Crab From The Lee Bros. Charleston Kitchen, by Matt Lee and Ted Lee (Clarkson Potter, 2013) INGREDIENTS(Makes 10)5 Tbs. unsalted butter2 Tbs. dry sherry1 Tbs. fresh lemon juice, plus 2 lemons cut into wedges for garnish½ tsp. cayenne, plus more if desired for garnish1 tsp. freshly ground black pepper1 tsp. kosher salt1... Read More

    How Your Equity Can Grow over Time

    By Nancy Orman | July 8, 2022

    How Your Equity Can Grow over Time It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great... Read More

    What Are the Best Options for Today’s First-Time Homebuyers?

    By Nancy Orman | June 8, 2022

    What Are the Best Options for Today’s First-Time Homebuyers? If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on... Read More

    Style 2022

    By Nancy Orman | May 25, 2022

    Click here to read the 2022 Edition of Style Magazine Read More

    What You Need To Know About Selling in a Sellers’ Market

    By Nancy Orman | April 28, 2022

    What You Need To Know About Selling in a Sellers’ Market Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably... Read More

    Where Are Mortgage Rates Headed?

    By Nancy Orman | April 13, 2022

    Where Are Mortgage Rates Headed? There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you... Read More

    What’s Happening with Mortgage Rates, and Where Will They Go from Here?

    By Nancy Orman | March 30, 2022

    What’s Happening with Mortgage Rates, and Where Will They Go from Here? Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual... Read More

    The Litchfield Company Real Estate and The Moore Group of Orangeburg to Merge

    By Nancy Orman | December 28, 2021

    IMMEDIATE NEWS RELEASE The Litchfield Company Real Estate and The Moore Group of Orangeburg to Merge January 1, 2022 Pawleys Island, S. C. – The Litchfield Company Real Estate and The Moore Group of Orangeburg have today announced the merger of their business operations.  The merger integrates two long-standing and most reputable real estate/rental companies... Read More

    Murrells Inlet & Waccamaw Neck Real Estate Market Report for August 2021

    By Nancy Orman | September 23, 2021

    Market Summary and OpinionThe local housing market is still red hot with no end in sight.   The number of listings hitting the market today is at an all-time high. SELLERS know that the market is hot and that prices have appreciated quickly over the past year. Well priced listings even in the higher price ranges are going... Read More