Found 17 blog entries tagged as Charleston Real Estate.

Hello clients and friends,

Over the last week Dave Samson (CFO within Carolina One) has looked at what is happening with Charleston home sales levels (surprisingly strong relative to our expectations) and what is happening with house inventory (inventory is low and declining as is normal seasonally before it starts to climb some in the spring).

Today I plan to address pricing and the direction that prices are moving.

What is worth knowing in this estimation:

(1) Prices are holding up very well in Charleston. Median sales prices market wide have held steady inside of a very narrow band since last February (12 months) and appear to be poised to hold this trend.
Charleston home median sales price (2) The rate of price increase, measured year over year, has slowed…

727 Views, 0 Comments

Our new Charleston Real Estate Website!After our first website launch in 2009 here at BuyingCharlestonRealEstate, we've had many different websites/looks over the years.  I'm proud to say I believe this one should be the best for all of those looking to buy or sell a house here in Charleston.

We've added a number of different features for those looking at houses or land, and also have a great sections for those that want to SELL their house in Charleston.  With so much competition now (we were actually one of the top 3 websites in Charleston before Zillow and the big ones came along), we have to constantly change things up to ensure you have the latest technology and tools available at your fingertips.

A few of my favorite items:

  • Communities/Areas Page - Shows the communities…

1340 Views, 0 Comments

Video Tour of 2882 N Moss Oak Ln

Take a look at this video tour of a new house for sale in West Ashley.  New high-quality wood laminate floors, custom updates to all the bathrooms in 2019, new HVAC system and ductwork in 2019, and newer stainless steel appliances as well.  Great location in the established neighborhood of Canterbury Woods, within the City of Charleston, minutes to downtown, beaches, or the islands. This home sits on a cul-de-sac, has an organically managed lawn with lush St. Augustine grass, and has an enclosed back yard that backs up to a play park with mature trees.

The owners have also painted the interior, installed an energy efficient water heater, and a barbecue pit area, with complete privacy in the back yard! This house…

2236 Views, 0 Comments

 

So we're in the news again! This time it's national news on CBS. South Carolina and more specifically- Charleston, is booming right now.  We are enjoying some of the lowest unemployment rates in the Country! A wonderful climate, plenty of job opportunities, large companies moving to the area, and massive changes in Charleston's infrastructure shows dramatic growth for our Tri-County area.

Take a look at this quick video on how Charleston is truly starting to take shape with the Port of Charleston, and the many large companies setting up shop here. There are still plenty of opportunities to find an investment to double (yes, double) your money within 10-15 years. Make the down payment on rental house (10%), have the renters pay the note down…

1921 Views, 0 Comments

The perfect house, yours!When I pull into my neighborhood, I feel at home. As I drive in, I see my neighbors walking their dog, walking with their kids, and kids riding their bikes with friends. I know these people, they are my neighbors. I make it a point to wave to them, to talk to them, and to engage with them.

As I turn into my driveway, I look at my yard. I love my yard. I’ve worked on it, it’s tough…but worth it. Cutting, edging, blowing, trimming and planting my favorite plants and shrubs. But it’s mine!

I walk up my front porch and turn the doorknob to my house. It’s unlocked. It probably shouldn’t be, but I know it’s fine. It’s safe. I walk in the door and my dog barks and barks (too loudly) and greets me. Talk about unconditional love! My kids are playing in the…

2884 Views, 0 Comments

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…

3223 Views, 2 Comments

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…

7860 Views, 3 Comments

Random Thoughts and Statistics for this Charleston Real Estate Market

Here are some statistics for you regarding the different areas surrounding Charleston.  Remember- every market is different, and every market in each area surrounding Charleston is also different.

Random stats from last week:

  • 165 residential properties under contract past wk. Great buying activity for time of year. But prices continue to fall (like the rest of the real estate markets around the country).
  • 136 single family homes under contract past wk. Median LIST price $180k(low), $94/sqft. 25 under $100k. 7 over $1M.
  • 37(27%) of 136 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • 17 island single family homes under contract past wk:…

2003 Views, 0 Comments

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.

 

 

2107 Views, 0 Comments