Charleston SC Real Estate Blog - Charleston SC Real Estate

Have a great December!

It's hard to believe there's just one page left on the wall calendar - but what a full page it is! As grateful as we are year round for all that we have, the holiday season makes us especially conscious of the value of home and family and reminds us of the importance of what we do for others. It's a wonderful time to share with family, friends, and neighbors, and a wonderful time to set something aside for those not so fortunate.

You'll probably see a lot of your neighbors at some of our dazzling December events:

• Experience Charleston's history and holiday spirit with the Charleston Tree lighting ceremony in Marion Square on December 5th from 4:30 to 6:00pm.
• Before you pack in another holiday meal, burn off a few calories at the Reindeer Run, a festival…

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Real Estate Statistics for Downtown Charleston (The Peninsula)

I have been showing a lot of property in downtown Charleston on the Peninsula lately, and have noticed things seem to be a bit slow.  I was showing a property to some clients of mine and the listing agent had told me a surprising statistic.  She mentioned that downtown Charleston, on the Peninsula, has seen an increase in the volume of homes selling for the last 3 years.  She also mentioned that the Peninsula alone had a market entirely on it's own, outside of the rest of Charleston.  While I agree with her that the Peninsula has it's own market independant of other Charleston areas, I was floored that the market on the Peninsula saw an increase for the last 3 years.

I decided to delve further into the MLS and find out for my self the performance of the…

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What is an EarthCraft Home?

An EarthCraft Home is the idea that a healthy, comfortable home can be built that reduces utility bills, while protecting the environment.  The idea is to minimize environmental impacts, and to follow a systematic approach to homebuilding that utilizes the importance of understanding how the different components of a home work together.  This means that the home performs better, is more economical for the homeowner, but it costs a little more than your normal construction costs.

This can be achieved by using certain qualifying materials, addressing energy efficiency, indoor air quality, waste management, resource efficiency, durability, and water conversation.  While EarthCraft Homes may be a little more expensive up front, the idea is that it should…

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Senate Approves Homebuyer Tax Credit Extension

The Senate today voted unanimously Wednesday night to extend the $8,000 tax credit for home buyers beyond its scheduled November 30, 2009 expiration date.  The credit would be available for contracts signed by April 30, 2010 and must close by June 30, 2010.  Under the new legislation the credit will also now apply to home buyers who are buying their second or subsequent home.  The credit currently applies only to first time home buyer.

The Senate vote was 98 to 0.

Under a compromise reached late last week, the tax credit for veteran homeowners will apply only to those who have lived in their current residence for at least five years.  The credit for these buyers will be capped at $6,500 while first time buyers will continue to receive $8,000.

Income levels…

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Boeing Lands in Charleston!

Boeing announced that Charleston will be the final location for the 787 aircraft assembly plant, more specifically, North Charleston.  This is great news for our local economy here in Charleston, as 3800 jobs are expected to be filled over the next seven years, and Boeing is to invest more than $750 million.  This will also spur growth in real estate for the area, as many employees and future employees will be relocating here.

The Boeing Co. will build the new line at its Charleston International Airport property instead of the other proposed location in Everett, Washington.  This is big, as the unemployment rate is almost at an all-time high, and the local area will benefit from this massive company.

We've already been speaking with Boeing employees…

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Virtual Tours Added to our Charleston MLS Real Estate Website!

We are excited to announce that we have now added Virtual Tours to the functionality of our Charleston real estate website.  This means that if any Realtor in the Charleston MLS adds a virtual tour of any kind to their listing, our website will pull that data from the Charleston MLS and display the Virtual Tour for everyone to view.

So now you have one place to view all of the virtual tours, without having to go to other companies’ websites to view only their virtual tours.  You can see them all here- from every company, and every agent.

In the past, we have added Microsoft’s Birds Eye View and Google’s Street View, and now virtual tours.  We believe this will give you, the buyer, the best opportunity to view the home and surrounding area without actually…

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