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Home Builder Reports Record Month in Multiple Markets

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COLUMBIA, SC. The Mungo Companies are pleased to announce a record for new home sales in Columbia and Charleston in April 2009. Reporting 42 contracts for new homes in Columbia, Mungo Homes broke the previous record of 37 new home sales which was reported during the height of the housing market in April 2005. Harbor Homes reports 19 contracts for new homes in Charleston for the month of April.

Principal Steven Mungo believes that strong home sales are a culmination of several things. “As a company, we’ve made a concerted effort to educate the public that this really is a great time to buy a new home. With historically low interest rates, a great selection of available homes, and creative loan programs, people understand the opportunities in the market. Mungo has also re-tooled product and pricing to more accurately reflect what type of new home people want to buy now. And people want to buy from a stable company with prominence and a strong history. They know we’ll still be in business tomorrow.”

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