Prime Property Lending

Hi friends, clients, and partners,

Spring is in full swing here in the Lowcountry, and so is our real estate market! 🌸 Whether you're house-hunting under the mossy oaks in Beaufort or checking out the bustling streets of Charleston, now is a great time to get informed and take action.

Here’s your quick look at what’s happening across Charleston and Beaufort this April:

📊 Local Market Snapshot

Charleston Area

• Median Home Price: $530,000 (⬆️ 4.2% YoY)
• Days on Market: 39 (faster than early 2024)
• Inventory: Slowly climbing, but still tight—buyers need to be prepped and fast!

📌 Hot Tip: Mount Pleasant, James Island, and West Ashley continue to be high-demand areas, with price appreciation fueled by relocations and lifestyle-driven moves.

Beaufort Area

• Median Home Price: $390,000 (⬆️ 3.7% YoY)
• Days on Market: 44
• Inventory: More new construction hitting the market, especially in areas like Port Royal and Lady’s Island.

📌 Hot Tip: First-time buyers are finding great value in Beaufort compared to Charleston. FHA and VA loans are helping buyers stretch their budgets in this scenic coastal town.

💸 Mortgage & Interest Rate Update

As of April 10th, average rates are:

• Conventional 30-Year Fixed: ~6.55%
• FHA Loans: ~6.15%
• VA Loans: ~6.05%
• Jumbo Loans: ~6.70%

🔍 What This Means: While rates are holding steady for now, inflation data and Fed updates are causing market jitters. Pre-approving early can help lock in the best deal before any sudden shifts.

🌟 Spotlight Program: Lock & Shop

💡 Don’t wait for the perfect house to secure your rate!
With our Lock & Shop program, you can lock in your rate before you find your dream home. Perfect for spring shoppers who want to stay ahead of the game.

👥 For Realtors: Let's Partner Up This Spring

We’re currently scheduling:

• 📅 Open House Coverage with Financing Flyers
• 📈 Co-Branded Social Media Content
• ☕ Coffee & Strategy Sessions

If you're a local agent looking for a fast, reliable, partner-minded lender, let’s team up and help more buyers get to closing day with less stress.

🛠️ Client Resources

✅ Free Buyer & Seller Guides
✅ Pre-Approval Checklist
✅ Down Payment Assistance Options
✅ VA/FHA/Jumbo Loan Guidance

DM or email me for a personalized consultation. Whether you're buying, selling, or just exploring your options, I’m here to help.

📆 April Events Around Town

Charleston

• Charleston Outdoor Fest – April 12–14
• Lowcountry Cajun Festival – April 21
• Second Sunday on King Street – April 14

Beaufort

• Beaufort Twilight Run – April 20
• Soft Shell Crab Festival – April 27
• First Friday Downtown Beaufort – April 5

👋 Ready to Take the Next Step?

Whether you're shopping for your first home or ready to refinance, Prime Property Lending is your trusted local guide. Let’s make your real estate goals a reality this spring!

📞 Call/Text: 251-222-9942
📧 Email: Shane.callahan@primepropertylending.com
🌐 Website: Shanecallahan.com
📍 Charleston & Beaufort, SC