James Island Real Estate News: Rescue Plan May Be a Little Too Late

It’s coming, but will it help? The long awaited federal plan to get up to $1,000,000,000,000 (one trillion) in loans flowing in to consumers hands is ready to be launched. Will the TALF really help? Will the TALF really help James Island Real Estate Sales?

The Term Asset Backed Securities Loan Facility or TALF is aimed at providing money for loans for cars, college, credit cards and small business. With people losing jobs or fearing they might lose them many may be reluctant to borrow for big purchases.

Are consumers so weakened that the TALF will end up looking like a solution to the last years problem? Maybe the situation has moved from a credit crises to an economy disabled by the aftereffects of that crisis.

To read the full article from the Post and Courier:

http://www.charleston.net/news/2009/mar/16/year_old_rescue_plan_may_be_too_little_t75147/

For More information on James Island Real Estate or Long-Term Rentals contact Jay Tracey Broker/Owner of Exit Realty The Tracey Group.

James Island Real Estate Market Sales Report

Month to date March 18, 2009

AREA

SALES

AVG PRICE

MED PRICE

% OF LIST

AVERAGE DAYS ON MARKET

HOMES FOR SALE

West Ashley

31

$238,260

$217,720

92.78%

125

789

James Island

15

$250,726

$200,000

93.10%

86

534

Folly Beach

4

$419,375

$213,750

99.76%

241

292

Johns Island

6

$275,026

$261,948

96.80%

108

312

James Island Real Estate

James Island Real Estate for Sale - Homes for Sale in James Island SC. You can also search for homes in these market segments, James Island Entry Level Homes, James Island Median Homes, James Island Upscale Homes, James Island Luxury Homes,and James Island Lots and Land in James Island SC. SC Real Estate for Sale in surrounding towns and communities, such as: Folly Beach, Summerville, James Island, Johns Island, West Ashley, and Charleston SC.

James Island Entry Level Homes less than $200,000

James Island Median Homes between $200K and $350K
James Island Upscale Homes between $350K an $700K

James Island Luxury Homes priced over $700K
James Island Lots and Land for Sale
Johns Island Homes for Sale

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Today's Rates:

Mtg Loan

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APR

30-yr Fixed	3.79%	3.91%
15-yr Fixed	3.04%	3.2%
1-yr Adj	2.78%	3.45%

* national averages

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James Island Real Estate News: Rescue Plan May Be a Little Too Late

James Island Real Estate Market Sales Report

James Island Real Estate Market Sales Report

Month to date March 18, 2009

Month to date March 18, 2009

AREA SALES AVG PRICE MED PRICE % OF LIST AVERAGE DAYS ON MARKET HOMES FOR SALE West Ashley 31 $238,260 $217,720 92.78% 125 789 James Island 15 $250,726 $200,000 93.10% 86 534 Folly Beach 4 $419,375 $213,750 99.76% 241 292 Johns Island 6 $275,026 $261,948 96.80% 108 312

James Island Real Estate