Charleston Real Estate Blog

Jun 18th 2013

ChuckTown Homes Pleased to Welcome Cayce Hennessee!!!

Posted By: Shawn Pillion In:   Buyer Info

We are pleased to welcome Cayce Hennessee to ChuckTown Homes!

 

Cayce Hennessee- Charleston Real Estate


 

As a buyer agent specialist in Charleston, SC, Cayce brings over 10 years of real estate experience to each transaction.

She began her real estate career as a Broker in the mountains of North Carolina and transferred to Charleston in 2008 to represent a new home builder as an onsite sales agent. You can count on Cayce to provide you with professionalism, great follow up and the ability to find YOU the RIGHT HOME and negotiate the BEST PRICE.

 

With a degree from the University of Central Florida in Communications, Cayce has the skills to provide buyers with all the information needed to make a purchase in the Charl...


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May 29th 2013

Charleston Real Estate Bubble: Is There a New One Forming?

Posted By: Shawn Pillion In:   Buyer Info

Charleston Housing Bubble: Is There a New One Forming?

Charleston Housing Bubble

 

The housing market is recovering so nicely that it has caused some to wonder whether a new housing bubble is forming. Today, we want to explain that the fear of a new pricing bubble in real estate is unwarranted.

Trulia revealed some great data on this point in a recent blog post. They explained that, even with the recent price increases, national home prices are still 7 percent undervalued. Trulia explained:

“Home prices nationally remain undervalued relative to fundamentals and much lower than in the last bubble. That’s why today’s price gains are actually still a rebound, not a bubble.”

Prices are below their fundamen...


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May 21st 2013

Charleston Real Estate Prices Expected to Increase in 2013

Posted By: Shawn Pillion In:   Buyer Info

Experts have projected that U.S. home prices will appreciate by 5.4% in 2013. If we assume that prices on Charleston Real Estate will rise about the same 5% over the next twelve months, here is the difference a buyer will pay if they wait a year:

 

Price Increase

 

Contact your Charleston Real Estate Pro's at ChuckTown Homes to find out how to get involved in this historic real estate market!


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May 03rd 2013

Why are people buying Charleston real estate?

Posted By: Shawn Pillion In:   Buyer Info

Why are people buying Charleston Real Estate

 

The consensus is growing. Now is the time to buy Charleston Real Estate!

Have you been waiting for the market to recover?

Charleston real estate inventory levels are over 50% lower than a few years ago.

 

So go ahead..... GO NUTS!

Go nuts buying Charleston Real Estate

 

 

To figure out the best Charleston real estate buying strategy call Shawn Pillion at 843/ 647.9711.


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Apr 19th 2013

The Villages in St Johns Woods- 5094 Coral Reef Drive Johns Island

Posted By: Shawn Pillion In:   Buyer Info

5094 Coral Reef Drive on Johns Island

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This  is truly a  MUST SEE... This  one owner Charleston SC real estate is absolutely immaculate and shows like a model home.

A few of the many features of this amazing home that has a low country cottage feel are: Gleaming hardwood floors throughout 1st level; 9 ft smooth ceilings; wide custom crown molding; dining room with wainscoting and chair rail; family room with marble wood burning fireplace; kitchen with corian countertops,custom cabinets, recessed lighting and extra bar seating; large master suite with dual vanities, jetted tub and separate shower that opens to screened porch; bright and cozy sunroom; loft area at top of stairs perfec...


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Mar 27th 2013

3 Financial Reasons to Buy Charleston Real Estate NOW!

Posted By: Shawn Pillion In:   Buyer Info

3 Financial Reasons to Buy Charleston Real Estate NOW!

 

We are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising, interest rates are increasing and rents are skyrocketing.

Rents Are Skyrocketing

money evaporating houseWhether you own or rent, you will have a monthly housing expense. The question is how that expense will change in the future. When you purchase a home, for the most part, you lock-in that monthly housing expense for the length of the mortgage you take (15 or 30 years for example). When you rent a home, your housing expense is impacted by movements in the supply and demand for rental properties.

Historically, residential rental rates incr...


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Mar 27th 2013

A New And Different Housing Bubble Is Taking Shape

Posted By: Shawn Pillion In:   Buyer Info

A New And Different Housing Bubble Is Taking Shape

We have seen it for several years now: foreclosure sales—there were 5 million  since the peak of the housing bubble—have become the hunting grounds for  investors with two goals: hanging on to these homes until the Fed’s flood of  money drives up their value; and defraying the expenses of ownership by renting  them out. And funds have a third goal: collecting management fees.

Charleston Real Estate Bubble

Thousands of smaller investors have piled into the game. And so have the  giants.

Blackstone  Group LP, the world’s largest private equity firm, plowed over $3.5 billion into  the housing market, according to Bloomberg,  to gobble up 20,000 vacant and foreclosed...


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Mar 15th 2013

Charleston Real Estate is Back!

Posted By: Shawn Pillion In:   Buyer Info

Charleston Real Estate is Back!

 

Charleston Real Estate is Back!

by The KCM Crew


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Mar 14th 2013

Charleston Real Estate Market Activity Reports

Posted By: Shawn Pillion In:   Buyer Info

MARKET ACTIVITY REPORTS

Residential Real Estate Sales 18.7% Ahead of 2012 Levels
Sales are booming, prices are steadily trending upward in a robust Charleston-area market

CHARLESTON, SC—(March 11, 2013) 722 homes sold at a median price of $181,334 in the Charleston region in February, according to data released today by the Charleston Trident Association of REALTORS®. February’s sales figures are most comparable to pre-recession market activity seen in February 2008, when 733 homes sold. Pricing figures are trending closer to February 2009 levels, when the median price for our area was $183,322 but only 448 homes sold.

Charleston Market Update

Year-to-date, 1,367 homes have sold at a median price of $181,917 ...


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Mar 09th 2013

124 Mary Street- Luxury in The Old Village

Posted By: Shawn Pillion In:   Buyer Info

Have you been following our new listing on 124 Mary Street in The Old Vilage?

124 Mary Street in Mt Pleasant

Over the past week I have fielded a lot of inqiuring phone calls and private showings- we even had someone make an offer too!

It was a very hot first week for this luxurious new listing. I spent this past Thursday afternoon at Mary Street watching the video shoot take place.

We should have the 124 Mary Street video live early this week, keep checking the blog for updates and of course we will post it to Facebook as well.

 UPDATE - VIDEO UPLOADED:

The house is in rare form right now and still gleaming from it's recent renovations. My favorite room is the master bath- It feels like a spa with it's heated ...


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Mar 08th 2013

Charleston Real Estate Future Values? Simple as Supply and Demand.

Posted By: Shawn Pillion In:   Buyer Info

Future House Values? Simple as Supply and Demand

 

Charleston Real Estate SupplyFor some time now, we have attempted to shed light on the fact that pricing in today’s real estate market, as it is in the markets for every other saleable item, will be determined by the concept of ‘supply and demand’.

 According to dictionary.com:

“The relationship between supply and demand determines the price of a commodity. This relationship is thought to be the driving force in a free market.”

In real estate, supply and demand is represented as the current month’s supply of homes for sale (the number of homes for sale divided by the number of homes sold in the previous month).

 

While there is no steadfast rule that will ...


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Mar 04th 2013

For Sale in The Old Village- 124 Mary Street

Posted By: Shawn Pillion In:   Buyer Info

124 Mary Street- Luxury in The Old Village!

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This  is a rare  opportunity to own  one of Charleston's grand estates in the heart of The Old Village. Houses like this don't become available very often. 124 Mary is undoubtedly one of the most beautiful historic homes in Mt Pleasant with the charm of yesteryear and a renovation beyond expectation to accommodate today's lifestyle. This gracious 1865 Charleston single home has been completely restored and artfully updated to reflect grand scale entertaining and modern family living.

Mary Street embellishes all the luxuries of the Old Village lifestyle- jog to Sullivan's Island, grab a soda on Pitt Street, walk to Shem Creek restaurants...


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Mar 03rd 2013

Coming Soon in The Old Village- 124 Mary Street, Mount Pleasant SC 29464

Posted By: Shawn Pillion In:   Buyer Info

Coming Soon-

Please Contact ChuckTown Homes for a preview before it hits the MLS!

124 Mary Street- For Sale in The Old Village

This is a rare opportunity to own one of Charleston's grand estates, in the heart of The Old Village. Houses like this don't become available very often. 124 Mary is undoubtedly the most beautiful historic home in Mt Pleasant with the simplicity of yesteryear and a renovation beyond expectation. This gracious 1865 Charleston single has been completely restored and artfully updated to reflect grand scale entertaining and modern family living.

Mary Street embellishes all the luxuries of the Old Village lifestyle- jog to Sullivan's Island, grab a soda on Pitt Street, walk to Shem Creek restaurants, and ...


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Feb 13th 2013

Walk to the Ocean! 10 Racquet Club Villa- Isle Of Palms, SC at Wild Dunes

Posted By: Shawn Pillion In:   Buyer Info

10 Racquet Club Villa at Wild Dunes

10  Racquet Club Villa Isle Of Palms, SC 29451

WALK  TO THE OCEAN!!!  Amazing Original Owner  Townhouse overlooking Lagoon and within steps of: Wild Dunes Tennis Center, Harbor Golf Course, Swimming Pool, Play Park, and OCEAN..

This meticulously maintained home features: Large Living Room with gas log fireplace; separate dining area; Sunroom overlooking Lagoon; Kitchen with breakfast bar and wet bar for entertaining; Private deck overlooking Lagoon; Dual split Master Suites each with Balcony (one overlooks Lagoon while the other overlooks Tennis Courts).

The outside of home is currently being remodeled (already paid by seller) with new steps and front porch, all decks, and fresh paint.

...

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Feb 13th 2013

Is Buying Charleston Real Estate a Good FINANCIAL Decision?

Posted By: Shawn Pillion In:   Buyer Info

Is Homeownership a Good FINANCIAL Decision?

 

 

Charleston Real Estate QuestionMany have reported on Robert Shiller’s recent comments on the investment aspect of homeownership. Shiller, a Yale professor and co-founder of the Case-Shiller Home Price Index, is famous for making provocative comments on house prices and the financial benefits of owning a home. In a recent Bloomberg Television interview, Shiller responded to a question about homeownership as an investment this way:

“So, why was it considered an investment? That was a fad. That was an idea that took hold in the early 2000′s. And I don’t expect it to come back. Not with the same force. So people might just decide, ‘Yeah, I’ll diversify my portfolio. I’l...


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Jan 28th 2013

5 Reasons You Should List Your Charleston House TODAY!

Posted By: Shawn Pillion In:   Buyer Info

5 Reasons You Should List Your Chaleston Real Estate TODAY!

 

Charleston SC Real Estate ChuckTown Homes 

Many homeowners are waiting until the Spring ‘buying season’ to list their homes for sale.

Here are five reasons why that might not make sense this year:

 

1.) Demand Is High

Homes are selling at a pace not seen since 2007. The most recent Existing Home Sales Report by the National Association of Realtors (NAR) showed that annual sales in 2012 increased 9.2% over 2011. There are buyers out there right now and they are serious about purchasing Charleston SC real estate.

2.) Supply Is Low

The monthly supply of houses for sale is at its lowest point (4.4 months) since May of 2005. The current month’s supply is down...


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Jan 24th 2013

What It Took To Get A Charleston Real Estate Mortgage In 2012

Posted By: Shawn Pillion In:   Buyer Info

2012 Mortgage Charleston Real Estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

by The KCM Crew


 

 

Are you planning to sell or buy Charleston SC real estate sometime in 2013? Looking for a great deal on a piece of Charleston real estate right now? Call ChuckTown Homes to find out how to negotiate the best deal and buy like a savvy investor.


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Dec 31st 2012

5 Charleston Real Estate Trends to Look For in 2013

Posted By: Shawn Pillion In:   Buyer Info

5 Real Estate Trends to Look For in 2013

 

 

Charleston Real Estate Crystal Ball

Predicting trends during volatile economic times in America is no easy task.

However, we are going to give it our best shot. We strongly believe these are the five real estate items we should keep an eye on in 2013:

 

Demand for Housing Will Continue to Surge

The housing market has turned the corner and there is no reason to believe that buyer demand will not maintain momentum throughout 2013. Household formations shot up to boom-time levels in 2012 and are projected to increase at even a faster rate over the next twelve months. A lack of inventory will be more of a challenge to sales increases than will a lack of demand.

Generatio...


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