Buying a home in Charleston, SC.

Where are the Best Areas to Purchase in Charleston?

Yes, you heard it correctly- Charleston, South Carolina is currently experiencing a 'Sellers Market' in some areas of Charleston.  Where are the areas? What are the best deals?

Take a look at the illustration below. There are certain areas surrounding Charleston that are experiencing a 'sellers market'.  For those that don't know- a balanced housing market in Charleston means that there is a 6 month inventory of homes for sale.  This means that if NO new homes came on the market, it would take 6 months for the inventory of homes to sell at the current rate that which homes are selling.

For example, a 10 month supply of homes on the market would mean that it is a Buyers Market.  A 4 month supply…

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7 King Street Take a look at this prized home on 7 King Street, in the heart of Charleston, South Carolina. This home was built in 1905, but don’t let it’s age fool you- the current owners have undergone extensive renovations to the home, and it shows. Wonderfully appointed rooms and plenty of the modern fixtures and amenities that we love, but fine touches that also tie in with the historic charm that Charleston so tastefully boasts.

This South of Broad location affords the best location one could want. It is in the heart of the residential Historic District downtown, which allows for easy access to shopping on King Street, or walks to Waterfront Park and the Battery- yet in the quiet residential district.

Call us to schedule a personal tour of this fantastic…

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We truly have the best city in the world. If you've had the opportunity to live or visit here, then you know what I mean.

Take a look at this excellent video from Charlestonly.com that encapsulates the feeling of being right here, in Charleston...

 

Video from Charlestonly.com

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Beachfront Folly Beach Living If you're looking for beachfront property on Folly Beach, look no further than this house. I'd like to preface this by saying that this is not my listing, but I just took a look at it yesterday and it’s quite a fantastic deal. It just came on the market this week. This home exemplifies beachfront living on Folly Beach. First of all, it's on the west end of Folly Beach, which is the quieter, more tranquil location on the barrier island. Second, the house is not a rental, but has been a second home for the current owners.

It’s the perfect size for a couple, or for someone looking for a second home. It's a smaller sized home, and won't break the bank keeping the house in great condition. A lot of times, I’ll see owners purchase the larger beachfront home,…

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Park Island Deepwater Property

Update: Both Lots Sold! 

Truly a beautiful homesite for the most discriminating buyer.

Deep-water living, on the Wando River and Toomer Creek, with dock permits in hand for two different dock sites. Expansive 200 degree+ views from the vantage point of this lot; there is nothing to impede your views of native South Carolina wildlife.

These two lots are being sold as one, and are situated on the best location of the island --- at the point. Wide open vistas along the west, north, and east of this 1.15 acre parcel, featuring 625' of water and marsh frontage. A boater's paradise, with the Wando River allowing access to the Charleston Harbor for dining & recreation, and to the Atlantic Ocean. Some of the best fishing is found here, with the…

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Greg Rand, CEO of OwnAmerica and host of Rand on Real Estate on WABC radio recommends Charleston and Grand Rapids on the FOX Business Network "Where to Invest Now" segment.  Charleston, SC is once again on the national radar with not only a wonderful place to live- but also a smart investment as well.

What are you waiting for?  Find your dream home in Charleston via the Charleston MLS.

**Fast forward to 1:40 for the Charleston, SC housing segment.

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This is a quick quarterly report with year to date Spring totals for 2012 compared to 2011 by area.

Worth noting:  the REO (Real Estate Owned, aka Foreclosure) closings are down from last year this same time by 30%. Closings are up 10% in Charleston county YTD while down 5% in Dorchester and flat in Berkeley County.  With the pendings up 30%, closings will catch up and with inventory falling, our local Charleston real estate market looks to be in recovery mode.

 

Market Statistics Spring 2011 vs 2012 

Let us know if you'd like a customized report for any particular area or Charleston neighborhood

 

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Seabrook Island ForeclosureWhat an incredible home for two of our very special clients from Charlotte. They initially had wanted a 'second home' to get away from the hustle and bustle work they do out of state, and had honed in on a few different areas of consideration in Mount Pleasant, Kiawah, and Seabrook Island. Well, Seabrook Island won and they found one heck of a deal (and a foreclosure in great condition!).

Our buyers were looking in the million dollar price range, and wanted a house which they could come to, and just "unwind". Seabrook Island fit the bill in a number of ways:

  1. Seabrook Island is a beautiful location, 45 minutes to downtown Charleston, and an island community along the ocean.
  2. It is a quiet destination with golf, tennis, horseback riding, and plenty of…

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Hibben at Belle Hall PlantationMarch 26, 2012 - Charleston, SC - Carolina One New Homes has announced the signing of
an agreement with Plantation Partners to be the exclusive listing agent for retail lot and builder
sales at Hibben at Belle Hall Plantation.

Hibben at Belle Hall Plantation is located just inside Belle Hall Plantation on Long Point Road,
Mt. Pleasant and is easily accessed from Hwy. 17 North or I-526. Convenient to excellent
schools, shopping, beaches and medical facilities, Hibben at Belle Hall blends traditional
lowcountry living with the finest in contemporary materials and features to make homes more
efficient and durable.

Approximately 30 lots are available now with prices from the low $100's to the low $200's.
Some single family homes are also available from the low $500's…

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Classic Sullivans Island Beach House

Some clients of mine just closed on this great oceanfront Sullivans Island beach house.  They got a fantastic deal, with me being able to negotiate the price down from 2.7 to 2.1 million.  That's $600,000 off of list price.

Here is the write-up of the home:

Classic OCEANFRONT Sullivan's Island beach cottage!! Extremely well maintained home situated on a 1/2 acre lot with a stunning ocean view!! A major highlight is the huge screened porch which covers the length of the house and has adjoining sundeck. Perfect for family and friends to enjoy the summertime fun! Large yard with plenty of room for a pool. Located on one of the most desirable spots on Sullivans. 4 bedrooms flank the open living room and dining rooms.…

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