Columbia SC Economy

Articles about the economy and consumer tips

A Columbia SC home warranty may save you some money, but before you shell out money for one of these protection plans, read the fine print. Same goes for extended warranties, cell phone warranties, as well as pet insurance…

Video on Columbia SC Home Warranty and Other Protection Plans

Have you had a Columbia SC home warranty that actually paid off? We’d love to hear about your experience with your warranty. Comment below…

Home and Commercial Inspections in the Columbia SC area is our specialty! Every year we help hundreds of clients save tens of thousands of dollars, by responsibly finding and exposing conditions that threaten property, value and safety. To learn how we may be able to serve you, please click and read, or call 803-261-5810.

Economy Confidence IncreasingColumbia SC economy and home value confidence seems to be on the rise, according to Fannie Mae’s April National Housing Survey.

Americans continue to expect home prices to go up, with the projection averaging 1.3 percent over the next 12 months, the highest value recorded.

A high percentage (71%) of Americans still say it is a good time to buy while the percentage (15%) who said it is a good time to sell was up 1 point from March.

Doug Duncan, Fannie Mae’s chief economist, says “consumer views of housing market conditions have become more supportive of home purchases, and sustained healthy hiring is required to help realize these improved expectations.”

Columbia SC Economy Appears to be Increasing

The percentage of Americans who believe the economy is on the right track rose to 37 percent, a 2 point increase from the previous month and the highest level in the survey’s two-year history. Still, an even greater 56 percent believe the economy is moving in the wrong direction.

Also, 23 percent of Americans reported their household income is significantly higher than it was a year ago, while 36 percent said their household expenses are significantly higher since the same time period. Both categories rose 2 percentage points compared to March.

The expectation for average rental prices decreased slightly to 3.6 percent; in March, respondents expected rent to go up by 4.1 percent over the next 12 months.

If respondents were to move, 32 percent said say they would rent while 64 percent said they would buy. The percentage of those who said they would rent increased 2 points and reached the highest level since November 2011.

With the Columbia SC economy and home value confidence apparently increasing, would you say things are on the right track, or moving in the wrong direction? We’d love to hear your thoughts.

Home and Commercial Inspections in the Columbia SC area is our specialty! Every year we help hundreds of clients save tens of thousands of dollars, by responsibly finding and exposing conditions that threaten property, value and safety. To learn how we may be able to serve you, please click and read, or call 803-261-5810.

Housing policies caused the financial crisis, according to Peter Wallison, a scholar at The American Enterprise Institute. Wallison lays all the blame on Fannie Mae and Freddie Mac, along with government intervention.

Questions or comments, use the comment link below. We’d love to hear from you.

Home and Commercial Inspections in the Columbia SC area is our specialty! Every year we help hundreds of clients save tens of thousands of dollars, by responsibly finding and exposing conditions that threaten property, value and safety. To learn how we may be able to serve you, please click and read, or call 803-261-5810.

The U.S. economy has been struggling for over 5 years, and the recovery has been frustratingly slow. 2012 is expected to improve, especially as housing improves.

Dr. David Kelly, Chief Market Strategist, J.P. Morgan Funds, says that current sources of strength in our economy may allow it to grow potentially faster than it did last year…

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Home and Commercial Inspections in the Columbia SC area is our specialty! Every year we help hundreds of clients save tens of thousands of dollars, by responsibly finding and exposing conditions that threaten property, value and safety. To learn how we may be able to serve you, please click and read, or call 803-261-5810.

Thinking of getting a roommate to share expenses on housing costs? This video highlights three ways to ensure that money is not a divisive issue amongst new roommates…

Had a roommate issue before? Have other suggestions for avoiding problems? We’d love to hear your thoughts. Just click the comment link and sound off.

Home and Commercial Inspections in the Columbia SC area is our specialty! Every year we help hundreds of clients save tens of thousands of dollars, by responsibly finding and exposing conditions that threaten property, value and safety. To learn how we may be able to serve you, please click and read, or call 803-261-5810.