A recent study released by RealtyTrac, a nationwide real estate data collection and analysis firm, reports that most foreclosures last year were packed into a very small number of counties in just a handful of states.  In fact, more than 1/2 of the nation’s foreclosures took place in just 35 counties across the country, a sign that the current housing crisis began in a few small corners of the country.
As one would expect, California and Florida led the way in foreclosures actions, and it was these 2 states that caused Wachovia Corp, the banking giant that was headquartered in nearby Charlotte NC, to falter considerably, paving the way for Wells Fargo to come in and purchase the bank late last year.
Fortunately, here in Rock Hill SC and For Mill SC we’ve been quite lucky in the fact that the number of foreclosures have remained relatively low, especially in comparison to other areas.
While President Obama’s recently revealed plan to help the mortgage crisis calls for some $75B worth of aid, it is sure to some significant challenges, especially given this revelation that much of the foreclosure activity is centered in small pockets across the country.
To see an interactive map of the nation’s foreclosure activity since 2006, visit the USA Today article here.
Filed under Charlotte NC, Market Trends, News Reports, Real Estate Research by 
The Charlotte Observer has a pretty cool tool that lets you see what the real estate values in certain areas have done over the past 8 years. If you’re curious to see what your home prices have done, definitely check it out.
http://www.charlotteobserver.com/661/story/501993.html
Unfortunately, the don’t list on Rock Hill SC or Fort Mill SC areas. At least not yet. 
Filed under Carolina Real Estate, Charlotte NC, Market Trends, Real Estate Research, Real Estate Tools by
In a trend that has been happening for some time now, people looking to either buy or sell real estate (and not just in the Rock Hill SC or Fort Mill SC areas) continue to go online to conduct much of their research before making any decisions. With the increased usage by most of the Internet, it should not really come as a suprise that so many people go online to check out neighborhoods, find and research real estate agents, and even ‘hunt for houses’ before actually going out to ‘hunt for houses’.
The Internet makes it so convenient to pinpoint an area, look for homes that meet a specified criteria, and then get all the nitty-gritty details on the homes. Of course that same can be said for getting information on a real estate agent, or a school district, or any other of the countless reasons why people buy a particular home.
And to help your job of finding information about the real estate markets in Rock Hill SC, Fort Mill SC, Tega Cay SC, Lancaster County SC, or even Charlotte NC easier, I’ve got several tools on my website to help you with your real estate searches.
- FREE Guide to Buying or Selling Your Home in the Rock Hill SC, Fort Mill SC, or Charlotte NC areas – you can sign up at anytime
- Search For Homes Online – this link will take you to the MLS website where you can enter your specific criteria for the home you seek
- Hot NEW Listings – this lists some of the new listings either I have or my associates have on the market
- Hiring A Real Estate Agent – It used to be we were a dime a dozen, but even though market conditions have forced many out of the business you still need to be careful when selecting a real estate agent. The right real estate agent will save you countless headaches and thousands of dollars on a bad transaction. Grab my FREE guide to selecting the right real estate agent for you.
And if you ever can’t find what you’re looking for on my website or someone elses, please feel free to CONTACT ME directly and I’ll do everything possible to resolve you concern immediately.
While there are lots of GREAT sites available online that will give you all sorts of information about your particular real estate market, what’s going on in the community, how the schools rate, what the median price is for homes for sale, etc., one of the most comprehensive sites I’ve found is the Realtor.com website.
You simply enter the neighborhood or zip code you want to get information for and viola….it spits out a pretty comprehensive report for you.
In fact, here’s the one for Rock Hill, SC or zipcode 29732:
Realtor.com Rock Hill, SC Report
I’m currently working on providing much of the same information here on my website, but in the meantime, I definitely encourage you to check out the Realtor.com site.
Filed under Real Estate Research, Real Estate Tools, Rock Hill SC by
