First Quarter 2011 Charleston SC Real Estate Statistics

Charleston Real Estate Statistics for 2011 (Video Blog)

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Top 10 Most Expensive Homes Sold in Charleston for 2010

There certainly are some unique and incredible properties in the Charleston, SC area.  We have such a fantastic city rich in history and culture, all while being along the Atlantic Ocean.  I thought this might be quite interesting to show you the most expensive homes that have sold in the Charleston SC area for 2010.  So here they are, the top ten most expensive homes sold in Charleston, SC for the 2010 year.  Which one is your favorite?

#10  78 East Bay St.   This is the only townhouse or condo on our list.  This townhome is located South of Broad on the Charleston Peninsula, downtown.  The home was built circa 1800.  Waterfront views and breezes from the Charleston Harbor.  This townhome was listed at $3,750,000 and sold for 3.3 million.  It had…

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Has the Local Increase in Cruise Ships Turned Off Buyers?

I have seen an increased presence of cruise ships on the Charleston Peninsula lately and wanted to share an article I found in the Post and Courier.  This was written by a local Realtor here in Charleston, and I wanted to share their viewpoint on the matter.

You've all heard the saying, "Change is inevitable; growth is optional".  I know that this increase in cruise ships will help the local economy downtown.  But at what point are we slowly chipping away at the character of the Peninsula?  There seem to be valid arguments from both sides, but I know where I stand on the issue.  Standards and/or regulation is key.

You can view the article here.

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Sellers: How the HAFA Program can help with Short Sales

The Home Affordable Foreclosure Alternatives (HAFA) Program is a program designed for sellers that are upside down in their house.  This program is for those folks that have contemplated selling their home as a “Short Sale” rather than allowing for foreclosure.  So how does it work?

The benefit of this HAFA program is that you would no longer be responsible for the difference between what you owe on your mortgage and the amount that your home sells for.  You see, in South Carolina, most banks would order a deficiency judgment against the borrower for the difference in what the home sells for, and what is owed.  The HAFA program would be the contrary.  Sellers would also receive $3,000 at closing as an incentive to selling as a short sale, as opposed to…

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Absolute Auction Tomorrow in the Old Village, Mount Pleasant!

426 Bank Street Absolute Auction

Sold to the highest bidder!  What is the minimum?  Answer: THERE IS NO MINIMUM.  The highest bidder gets the house, that's it.  This is an ABSOLUTE auction meaning if the highest bidder is $17, the house sells for $17.

Come see this Absolute Auction tomorrow, Saturday Feb 12 at 11:00am

PROPERTY DESCRIPTION: This classic Old Village cottage is practically new as almost everything is new down to the studs. The kitchen is new with granite, cabinets and stainless. The baths are redone with top end cabinets and new tile and fixtures. All the hardwoods have been impeccably refinished and the exterior has hardiplank siding, new windows, roof and it’s all a short walk to the Charleston Harbor, Old Village parks, the Mount…

2970 Views, 2 Comments

Open House this Sunday at 507 Ivy Circle

Open House in West Ashley / Grand Oaks 507 Ivy Circle

Come see a great house in Grand Oaks Plantation this Sunday February 13th, from 1:00pm to 3:00pm.  This house is one of the least expensive homes in all of Grand Oaks, and very clean! This would be a great opportunity for a new family or couple looking for a nice big back yard, all bedrooms upstairs, hardwood floors, open kitchen, and walking distance to the community pool!

One of the best deals in all of Grand Oaks.  Not a short sale, just an aggressive seller! Come out and see us!

View more details here on 507 Ivy Circle

• Sunday 2/13/11 From 1-3pm

Sold for FULL LIST PRICE!!

2377 Views, 1 Comments

It's a great time to be in Charleston!

It sure is a great time to live in Charleston! We could be up to our eyebrows in snow and continually fighting off the icy chill, but instead, we're eating fresh oysters and enjoying our beautiful landscape. Plus, as a scenic and cultural hub for the region, Charleston continues to keep the calendar packed with family enjoyment, right through the winter.

Here are a few ideas for family outings for February:

• Swing to the blues at the 21st Annual Lowcountry Blues Bash, February 3-19. For more information, visit http://www.bluesbash.com
• Come out the the Annual Charleston Food and Wine Festival which showcases the talents of local and nationally-recognized Southern chefs in our city widely acclaimed for its Lowcountry cuisine. Voted Top 5 food & …

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Video Blog for Charleston 2010 Real Estate Statistics

How did the Charleston Market Fare for 2010?

It was a difficult market in 2010, but it showed to be a little better than 2009.  I've had a lot of very successful buyers that have made great decisions in 2010.  If you're selling in 2011, call us so we can share our opinion (and what not to do) for the up and coming year.

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What is a CL-100 Inspection and why do I need it?

If you’re purchasing a home in Charleston, South Carolina, a CL-100 Inspection will be required by your lender in order to close.  So what is this inspection and what does it entail?  The CL-100 Inspection is also called a Termite Inspection, and the report is called the Official South Carolina Wood Infestation Report.

The purpose of the inspection is to check for:

1. Visible evidence of active, or a previous infestation of subterranean termites or other wood-destroying insects (like powder post beetles or carpenter bees, for example).
2. Visible evidence of whether there has been prior subterranean termite treatment.
3. Below the first main floor, if there is the presence or evidence of:  active wood-destroying fungi…

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111 Waterfront Plantation Drive; A True Deepwater Condo Close to Downtown Charleston

When was the last time you saw a waterfront residence on the Intracoastal Waterway where you didn’t need flood insurance?  Well this is certainly the exception.  I saw this deepwater property yesterday and felt compelled enough to share it with all of you.

For those of you that know a little bit about location on James Island, this condo community is called Waterfront Plantation and is located right off of Maybank Highway along the ICW (Intracoastal Waterway).  These condos don’t come on the market very often, as a matter of fact; I’ve only seen two others come on the market since 2004 here.  It is a great location because you live on the ICW, you are 10 minutes to Folly Beach, and 5 minutes to downtown, Charleston.

It is a very quiet setting, with only…

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