Monday February 17, 2020
The largest potential home buying group in 2020 will be millennials, which includes those aged 23 to 38. They are looking for starter homes, of course. Unfortunately, there are not a lot of these smaller, lower-priced homes on the market. Fortunately, though, there are some states that do have affordable homes, and, in all states, mortgage rates are below 4 percent.
The Southern states are a good place for new homeowners to start their search as Charleston, South Carolina, is included among the top-ten markets in 2020.
Bluffton, South Carolina
Bluffton is just minutes from Hilton Head Island on the banks of the May River. The city of Bluffton is filled with gorgeous antebellum homes, historic churches and a wide range of artisan shops and excellent restaurants.
The city with its old, moss-draped oak trees and views of the May River give Bluffton some of the most exquisite southern charm in all the low country.
Charleston, South Carolina
The Villages of Sanctuary Cove in Summerville, South Carolina, is another premier community built by Landmark 24. Summerville is a short drive from Charleston and is treasured by tourists and residents alike for its beauty and rich low country culture without the annoyances a crowded, big city can bring.
Summerville boasts a spectacular collection of gardens, historic plantations, lovely parks and a bounty of activities to enjoy year-round in the balmy Southern climate.
First-time homebuyers will appreciate the many home styles, floor plans and prices at The Villages of Sanctuary Cove. The community of Cane Bay Plantation where the villages are located includes lovely landscaping with trails, a pond, swimming pool and many other amenities for all ages to enjoy. The craftsman-era architecture is another unique feature of this comfortable, affordable community.
Starter homes are hard to find in this market, and more millennials will be in the market for these homes as they take advantage of the low interest and mortgage rates as well as the flattened home-price growth rate.
Come see all of the wonderful homes built in communities developed by Landmark 24 in South Carolina. While the real estate market changes rapidly, the homes offered by Landmark 24 are available in price ranges affordable to any buyer group.