Best Atlantic Coast Cities to Purchase a Second Home

Retiring along the picturesque Atlantic coast would be a dream come true for many. We have come up with a short list of four potential locations to consider if you want to realize that dream. Days relaxing on the beach sipping on margaritas can be in your future!

Savannah, Georgia

Savannah GA is a beautiful southern Georgia city separated from South Carolina by the Savannah River; it is known for its historic, scenic, and cultural flair. Its historic district features historic churches, theaters, museums, and public parks. It is one of the most visited cities in Georgia with thousands of tourists and visitors passing through each day. Savannah tops our list because despite how desirable it has become, Savannah Georgia real estate remains affordable.

Savannah is home to some of the most thriving restaurants, cafes, bars, spas, lounges, bistros, and much more. Savannah has also established itself as an information and technology hub as it provides online universities, colleges, and technical schools. It is also a great place to live as it boasts a low cost of living that makes it a desirable place to purchase real estate and property. It is also host to a number of exciting activities such as golfing, boat tours, paragliding, fishing, and water sports.

There are several historical attractions as mentioned above as well as other fun places to visit including the Georgia Aquarium, Atlanta History Center, and the Wax Museum of America. The Georgia Aquarium houses over 400 tropical fish and displays them in their natural habitat. The Georgia Aquarium is considered one of the top five public aquariums in the country. The Georgia Aquarium and is a member of the National Trust for the Arts, one of the nation’s leading arts organizations.

Downtown Savannah is host to some of the most notable historic landmarks in the country. The Historic District of Savannah is comprised of a variety of buildings dating back to the mid nineteenth century. These buildings include such notable names as the Peabody Opera House, the Peabody Woods historic plantation home, and the National Historic Landmark The Architecture Center. The Historic District is a great place to explore because it features a variety of activities and shows. If you love to shop, The Historic District is a great place to visit. There are several restaurants and boutiques within walking distance and you can wander the streets of the Historic District taking in all of its many cultural activities.

Virginia Beach, Virginia

Virginia Beach, a popular coastal town in southern Virginia, lies along the edge of the Chesapeake Bay. A 3-mile long boardwalk along its ocean-front beach promotes its beautiful beach-front view. The Virginia Aquarium and Marine Science Center display sea life in environmentally themed habitats. The Virginia Beach police and fire departments provide a safety and security environment to the community. The city hosts numerous festivals and events, many of which draw a sizable number of tourists.

One of the most popular things to do in Virginia Beach is to go shopping. There are several local favorites that have been established as popular tourist destinations for years. There are also some wonderful second hand stores, boutiques, and restaurants that offer a variety of unique clothing, jewelry, and gift items. The Crystal Caverns and Sea World are also popular attractions for those who live in the area. While you are in the area, you might even want to check out the beautiful Virginia Beach National Park, which is about thirty minutes from the area.

The cost of living in Virginia Beach is also among the most expensive in the area. Gas prices are high, which drives up the cost of living. The city’s tax burden is also a factor in its high cost of living. A recent study showed that Virginia Beach ranks eighteenth out of the twenty largest cities in the United States in terms of total taxes required to support the economy.

Wilmington, North Carolina

Wilmington NC is the second largest port in North Carolina. It is known as a gateway into scenic coastal communities such as Wrightsville Beach, with its amazing surf and beautiful beaches, and Carolina, with it long boardwalk. Part of downtown Wilmington’s Historic District, the Riverwalk connects to the Cape Fear River. It explores WWII naval combat history, where artifacts on the ship to touch upon WWII. It also includes a walking path along the boardwalk, which meanders along the beaches and includes restaurants, galleries and stores.

Wilmington NC has lots of family-oriented activities. In addition to the wide variety of entertainment venues, there are parks and preserves where people can spend time with nature and take in the scenery. In addition to the activities, Wilmington NC has some of the best schools in the state. Facedownood College is located on 33 acres in New Hanley and offers a liberal arts degree. Wilmington NC is very safe, even though crime rates and property crimes have risen in some areas.

The economy of Wilmington NC is based around its food, tourism and business industries. Lots of people visit Wilmington NC for business and pleasure. In addition, the booming leisure and tourism business are very popular with visitors from out of town. Lots of visitors stay in hotels, bed and breakfasts and serviced apartments. They use the amenities of these accommodations for visiting friends and family and for stays in the Wilmington NC area. Visitors can enjoy fine dining and shopping at any of the area’s malls and downtown shops.

Charleston, South Carolina

Charleston SC has a population of more than five hundred thousand people. The cost of living in Charleston is the eighth lowest in the United States. This means that your money goes a long way when living here. If you are planning to move to Charleston or live here already, here are some interesting facts about this place.

In terms of tourism, there is a wide range of attractions, which Charleston SC has to offer. There are several outdoor activities in Charleston, which can give families, singles, couples and other visitors an unforgettable experience. Families may enjoy the Charleston waterfront, while single people and couples can enjoy a range of various activities in the downtown area. You can also go for adventure sports in the mountains and other exciting activities in the beach areas. Overall, the cost of living in Charleston is pretty good. This makes it a popular place for families and retirees to live. The number of jobs, the number of homes and the number of employees in Charleston make it a good place for retirees to move to. When comparing the cost of living in Charleston with the national average, Charleston comes out as a better option. It offers both an affordable cost of living, as compared to the national average. Other advantages of living in Charleston include having access to excellent schools, shopping malls, excellent public transportation and a safe and secure neighborhood.

Mortgage Rates Are Low – Great Time To Buy

Get a New Home with Industry Low Mortgage and Finance Rates

Getting a home mortgage is not as easy as you think. In fact, this is a vital step in the home buying experience, and can literally determine if you are able to close or not. Traditionally, mortgage rates were considered too high for income-sensitive families to afford home ownership.  The process of getting your home mortgage is the #1 pitfall for first time home buyers. Understanding the most critical aspects of successfully closing on a good rate, with minimal disruptions, is a critical part of the home buying process.

Getting the right mortgage rights is even more important than the price of the home in question.

The Best Mortgage Lenders

As is the case with most home buying ventures, you need the right lenders to meet your needs across the board. These should be licensed mortgage lenders who have access to low-mortgage rates and affordable loans through a variety of lending institutions. The latter should also have convenient and flexible repayment terms, while helping you effectively make ends meet.

While there are countless lenders on the market, which ones should you consider for your first home? According to industry experts, there is no one answer to this question – and you may need to shop around to find a good lender with access to cost-affordable home loans and mortgages. Here are some of the home mortgage loans currently on the market that you should consider.

FHA Loans

FHA Loans are some of the most common loans in the mortgage and home financing industry. These loans are governed and mandated by the Federal Housing Administration. These loans are primarily designed to help low-to-middle-income families’ secure timely and affordable mortgages.

FHA loans also help families take advantage of down payment benefits, as well as low closing costs and related expenditures. FHA loans, however, can only be approved if the home in question falls within a certain price range of category. These prices tend to differ – based on the current mortgage rates. Therefore, it is best to consult with an FHA loan specialist or mortgage adviser to understand your options.

Adjustable – Fixed Rate Loans

The loans are designed for homeowners that plan to stay in their homes for a few years. This ensures your mortgage rate stays the same throughout the payment period. Adjustable rate loans (ARMS)also allow short-term home owners to save time and money on payments. However, the rates do change based on industry spikes or market fluctuations. The latter is perfect for homeowners that require steady payments each month.

with industry-low mortgage rates, you need to find the right loan to tap into these savings. Again, it is best to consult with a home mortgage or financial specialist to make a worthwhile and informed decision.

Getting a home mortgage can be a tumultuous process. However, you can ease the task by understanding all your available options. You can also check the Internet to review the current mortgage and financing – refinancing rates. This is truly a great time to invest in a home with industry-low mortgage rates across the industry and country.

Boston Real Estate Trends

Top Real Estate Trends in The Greater Boston Area

Real estate business in the Greater Boston Area, is undoubtedly on the rise. Actually, it is booming more than any other place throughout America.  With Amazon potentially looking at Boston as one of the locations to place their massive secondary home base – we anticipate a rise in demand for Boston and the suburbs of Boston.  The demand for condos, homes, Brownstones and apartments is anticipated to hit its record high in the coming years.

Buying or Selling?

But whether you are keen on selling or purchasing any property in South Boston or one of the many surrounding cities around Boston, there are some important real estate trends that you ought to be conversant with. Understanding these Boston real estate trends is crucial for both sellers and buyers. For sellers, these trends can help them know the perfect time to sell their property so as to get the highest value possible for their properties. For buyers, these trends are vital to helping them know the best time to purchase property, in order to get the best deal at the most affordable price. In addition, with the homes of Boston having some of the highest prices in the nation, we are seeing many people avoid the bidding wars of Boston and look to the surrounding cities such as Hingham MA, Quincy and Cohasset.

 

Boston Real Estate is on FIRE

Boston Real Estate is on FIRE

Properties within safe neighborhoods are on high demand

 

Property buyers are not just looking for ordinary property. Instead, they are keen on purchasing properties located within safe neighborhoods since security and safety is paramount to today’s average property buyer. Property developers, therefore, need to ensure their property is within safe neighborhood. On the other hand, property buyers are keen on knowing about crime activity in Boston, as a way of enabling them decide the safest location to purchase property.

 

Home renovation is crucial

 

Home buyers in Boston are using renovation as a decision making factor while purchasing homes. In fact, buyers are turning away from homes that are listed for sale yet they aren’t renovated. That means home renovation is no longer a luxury, but a necessity for home sellers. As such, sellers are left with absolutely no choice but to ensure their homes are properly renovated before listing them for sale with Realtors.

Again, home renovation in Boston is increasingly been perceived as the ultimate way of increasing the overall value of a home, meaning that sellers can expect to get more from their home sales in the future by renovating their homes prior to listing them for sale.

 

Statistics on Buying and Selling Homes Nationwide

 

Real estate agents have become an integral part of real estate business in Boston MA

 

Property buyers and sellers alike are increasingly using real estate agents, thus making Boston real estate agents an integral part of real estate business. Real estate agents help buyers locate the property of their choice conveniently, while sellers are listing their properties with popular real estate agents to find ready buyers quickly and conveniently.

 

Even though real estate business in Boston is expected to boom in the future, it is important for both property buyers to understand the top real estate trends nationwide. This is crucial to enabling them figure out how they can benefit from these trends.