Because of income tax deductions, the United States Government is subsidizing the purchase of your home. All the interest and property taxes you pay can be deducted from your gross income, reducing your taxable income.

Brunswick County has been experiencing exponential growth in the past recent years as more businesses moving to the area bring new residents. Despite the influx of growth, the Brunswick area has retained its easy-going lifestyle.

The Cape Lookout Light Station was built in 1812 to warn ships of shoaling sands. These particular shoals formed Lookout Shoals. These shoals posed a dangers to ships. The lighthouse stood 93 feet tall and used oil burning lamps as its source of light. The lamps had reflectors attached to them in order to get the light past the shoals so the ships could be warned of the danger. The lighting system turned out to be less than successful. The light did not travel across the shoals. The lack of light caused ships to run ground before seeing the warning light.

Find out more information about North Carolina lighthouses by clicking here.

Brunswick County NC new homes available at Sloane New Homes.
 

The importance of good credit is a fact of life. Banks and credit card companies decide whether to lend you money and what interest rates you will pay based on your credit score. Be prepared to examine past choices and, if necessary, to change your money habits.

Decisions you make today will impact your future options.

Read more of this article at HUD.gov.

Brunswick County new homes at http://www.sloanenewhomes.com.

Buy in a district with good schools.

In most areas, this advice applies even if you don't have school-age children. Reason: When it comes time to sell, you'll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.

Read more tips at CNN Money.

 

Holden Beach real estate and Ocean Isle Beach real estate at Sloane New Homes.

Buying a house is the largest investment most people ever make; yet all too often it's a decision made in haste without adequate preparation

Read the top 10 Home Buying Mistakes From RealEstate.com here.

Myrtle Beach is just a short drive from Brunswick County.  Find your Ocean Isle Beach new home at www.SloaneNewHomes.com

 NASCAR® SpeedPark™

A family favorite since its opening, the NASCAR® SpeedPark™ located in Myrtle Beach is one of the area’s top tourist attractions offering seven exciting tracks, two NASCAR® themed miniature golf courses, NASCAR® Silicon Motor Speedway, an array of kiddie rides, speed bumper boats, a state-of-the-art SpeedDome arcade, a NASCAR® merchandise and apparel gift shop and a snack bar. NASCAR® SpeedPark Myrtle Beach’s seven tracks provide the perfect variety for every member of the family. From the premier Thunder Road track to the slick SlideWayz track, there is a track for everyone at the NASCAR® SpeedPark™ Myrtle Beach.

Myrtle Beach is just a short drive from Brunswick County.  Find your Brunswick County new home at www.SloaneNewHomes.com.

(Myrtle Beach, SC – March 7, 2008) – Be the first to witness the next revolution by getting a “Sneak Peek” of Hard Rock Park as it gets ready to Rock ‘n’ Roll…...
After 10 fun-packed months and over 120,000 satisfied visitors; Hard Rock Park will close the Backstage Tour on March 10 and throw open the front gates to the actual theme park on March 14, free of charge, allowing rockers of all ages to sneak a peek backstage.
Contents of the highly successful Backstage Tour, including the Park model, will be moved into the All Access Entry Plaza for visitors to experience as they stroll through the first part of the park open to the public. “We really want to showcase the Park as it starts to come to life, imagine seeing the Park model in the Origins Theater and then stepping outside to view the world’s largest Gibson Guitar!” said Dale Kaetzel, General Manager of Hard Rock Park. “Visitors can literally watch the park undergo a transformation from construction site to the world’s first rock ‘n’ roll theme park. It’s like getting in to see the sound check at your favorite concert.” He added.
For those who really want to get “behind the scenes” and watch the park going through it’s warm up act, guided VIP tours will also be available on a first come, first serve basis through two of the Park’s rock environs, Rock & Roll Heaven and Cool Country. Guests will be able to get up close to the finished parts of the Park and may be
able to see cool things like the Parks rollercoaster’s undergoing final testing or even a live show rehearsal...

Read the full article HERE

Looking for an exciting place to live?  Enjoy the beach and enjoy the new Hard Rock Theme Park in Myrtle Beach...find your new home at www.SloaneNewHomes.com.

By Les Christie, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- With prices crashing around the nation, home price affordability has improved dramatically in many U.S. cities.

As a result, 53.8% of all new and existing homes sold nationwide during the first three months of 2008 were affordable to families earning the median household income of $61,500, according to the latest Housing Opportunity Index released Tuesday by Wells Fargo and the National Association of Home Builders (NAHB).

That's up from 44% during the first three months of 2007 with home prices the most affordable they've been since the three month period that ended June 30, 2004.

"Three factors combined to substantially increase housing affordability," said NAHB president, Sandy Dunn, in a press release accompanying the report. "Mortgage rates returning to near the record low levels of a few years ago, a $2,500 rise in family income nationwide (from 2007 to 2008) and lower house prices."

Home prices dropped about 8% compared with a year ago, according to NAHB, but that doesn't mean that buyers are flocking back to the market.

"This measure can only take you so far in implications for the market," said Dave Seiders, NAHB's chief economist. "There're several factors that the index does not capture."

These include buyer expectations. Many are reluctant to act in falling markets. That sentiment can contribute to market overshoot, according to Seiders, in which prices fall lower than would be their logical bottom.

Richard DeKaser, who, as chief economist for national City Corp., runs his own affordability studies, pointed out that three main factors influence housing market trends: demographics, like more families moving into an area attracted by jobs; sentiment, the perception that the housing market is a good investment at any point in time; and affordability.

"While affordability is an important factor that will contribute to recovery of housing markets eventually," he said, "improved affordability is unlikely to lift markets out on its own."

Read the full article HERE 

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By Beth Braverman, CNNMoney.com contributing writer

Washington, D.C. -- The prices of homes sold in the first quarter of 2008 posted a record decline, according to a new report from the Office of Federal Housing Enterprise Oversight.

Home prices fell 3.1% from the first quarter of 2007, the largest decline in the purchase-only index, which excludes refinancings, since the agency began keeping records 17 years ago.

First-quarter prices dropped 1.7% from the fourth quarter, the largest quarterly dip ever.

"It's not going to be the largest decline on record for long," said Peter Schiff, president and chief global strategist at Euro Pacific Capital."Prices are going to keep falling until we get to the equilibrium, which is much, much lower. This is only the beginning."

The inflation-adjusted price of homes fell 7.7% on a year-over-year basis. At the same time, the prices of other goods and services rose 4.6%, according to OFHEO.

"The nominal price declines aren't as spectacular as they would be if we didn't have so much inflation," Schiff said. "Houses are becoming a less valuable asset relative to the cost of living."

OFHEO reported that prices fell in 43 states, with eight states seeing quarterly price declines of more than 3%. California and Nevada were the biggest losers, with home prices falling more than 8% in both states.

Prices on all transactions, including homes sales and refinancings, fell 0.2%year-over-year and remained flat compared to the fourth quarter, OFHEO reported.

California, Nevada, Florida, Arizona and Michigan exhibited the greatest price depreciation in all transactions in the first quarter. Wyoming, Utah, Montana, Texas and Alabama saw prices for all transactions increase the most.

View Full Article Here 

This is a great time to find your Brunswick County mortgages.