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  • FHA Institutes New Temporary Loan Limits to Help Families Avoid Foreclosure

    As part of the 2008 Economic Stimulus Package, HUD recently announced that they will be temporarily raising loan limits which will allow more people to qualify to finance their home with an FHA loan. The new act will permit FHA to insure loans on amounts up to 125% of the area median house price. The new loan limits are already in effect and last ...
    Posted to Roger Preswood-Plasma Realty (Weblog) by 52930 on March 8, 2008
  • Charlotte one of America's Undervalued Real Estate Markets

    Here is an interesting article about Real Etate Markets and values in the US. This article from Forbes Magazine gives good insight as to why Charlotte's Real Estate market has remained strong despite downturns in the rest of the country. Check out the entire article below and feel free to contact us if you have any questions about moving or ...
    Posted to Roger Preswood-Plasma Realty (Weblog) by 52930 on December 3, 2007
  • New Edenmoor community now open in SC

    Edenmoor, a 868 acre master planned community located in Lancaster County, SC recently opened it's doors to new home buyers. Ryland homes is the first builder to begin selling in Edenmoor and they will have two models opening soon. The master plan for Edenmoor includes 1,950 homes when completely finished, 100,000 square feet of commercial ...
    Posted to Roger Preswood-Plasma Realty (Weblog) by 52930 on September 7, 2007
  • New Whitewater Rafting Center in Charlotte a Great Addition

    I recently got the chance to go check out the new U.S National Whitewater Center just west of the Charlotte International Airport off of I-485. We had a great time and I highly suggest giving it a try if you are in the area and looking for something fun to do.  The Whitewater Center is the largest manmade Whitewater facility in the US. You ...
    Posted to Roger Preswood-Plasma Realty (Weblog) by 52930 on June 12, 2007
  • Home Values Up over 9% in the Charlotte area in 2006

    Recently, the Office of Federal Housing Enterprise Oversight(OFHEO) released their annual review of the nationwide housing market. Nationwide, prices for the Fourth Quarter of 2006 were 5.9% higher than the same period in 2005.  According to this study by the OFHEO, the Charlotte area overall saw a 9.09% increase. NC and SC saw an average ...
    Posted to Roger Preswood-Plasma Realty (Weblog) by 52930 on May 30, 2007
  • Homearama 2007 comes to Fort Mill

    Every Spring the Charlotte Homebuilders Association selects a neighborhood to host their annual Homearama event where some of the areas top builders showcase their talents and the industries latest in design and technology.  This year Homearama is being held at Springfield, an upscale golf course community in Fort Mill, SC ...
    Posted to Roger Preswood-Plasma Realty (Weblog) by 52930 on May 23, 2007