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The Housing Window Stats 2013

Economic news coming out of the housing sector as well as other economic measurements reveal a seemingly recovering and growing housing market, thanks to continued low mortgage rates which have helped spark this growth. As the housing market continues to experience growth, especially within the Grand Strand, the window for purchasing a home with these low mortgage rates grows smaller, making now the opportune moment to purchase your new home.

The Recovering and Growing Housing Market

According to recent data released by the Commerce Department, housing starts, or the number of privately owned new houses and housing units in which construction has commenced, climbed by 12.1% during the month of December, resulting in a 954,000 annual rate. No doubt this is spurred by the record low mortgage rates as well as other good economic news.

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