Charleston Real Estate Blog

Find out the latest in what's happening with Charleston Real Estate

Jan 15 2014
11:28 am

Posted By Shawn Pillion
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ChuckTown Homes Pleased to Welcome Scott Mallory!!!!

Seller Info

Scott Mallory ChuckTown Homes Listing Agent

We are pleased to welcome our newest agent, Scott Mallory to the team! Scott has joined to support Donald and Jeremy with the overwhelming number of listings that 2013 brought. Scott has finished months of intensive training and apprenticeship under the masterfully skilled guise of Donald Russell and Jeremy Wilson. Scott Mallory has grown into an amazing listing agent and is already enjoying overwhelming success listing some of Charleston best real estate.

Scott has years of experience as a real estate agent and also has years of mortgage banking under his belt. Scott is an accomplished house flipper as well. His keen mix of skills has brought depth to one on Charleston's top real es...

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Jan 14 2014
2:11 pm

Posted By Shawn Pillion
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A new record for Charleston Condo Real Estate!

Buyer Info

18 Broad Street

$19,500,000 18 Broad St
Charleston, SC 29401
3Beds
3Full Baths
1Half Baths
7,516 SqFt
1911Year Built
0.00 Acres
MLS# 1400966 residential Single Family Attached Active
AreaHistoric Charleston
CountyCharleston
SubdivisionFRENCH QUARTER

This is the duplex penthouse of the People's Building, Charleston's first skyscraper, is the second tallest building in downtown Charleston and features a 360-degree view of the "The Holy City" as well as the Ashley River, Cooper River, the Arthur Ravenel Bridge, and the Charleston Harbor.

A world renowned architect/designer orchestrated this amazing penthouse from its original steel an...

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Jan 7 2014
11:40 am

Posted By Shawn Pillion
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Predictions for 2014: Charleston Real Estate Supply Will Struggle to Keep Up with Demand

Buyer Info

1.7 Blog Visual

 With a dramatic increase in demand for housing expected this year, it will be up to real estate professionals and builders to make sure there is the necessary inventory to satisfy this demand. This will be a challenge for much of 2014.

For a balanced real estate market, there should be approximately 5-6 months of inventory for sale (example: if 100 homes sold last month, we would need 500-600 homes available for sale). Nationally, we are just now hitting the five month level. As the spring selling season begins to heat up, a new wave of housing inventory would have to come to market to keep up with the...

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Jan 6 2014
9:38 am

Posted By Shawn Pillion
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Housing Predictions for 2014: Charleston Real Estate Sales Will Surge

Buyer Info

Housing Predictions for 2014: Charleston Sales Will Surge

1.6 Blog VisualMany housing pundits are calling for home sales to do slightly better in 2014 than they did in 2013. To the contrary, we strongly believe that home sales will skyrocket with increases of 10-15% in 2014. Here are the three categories of buyers we believe will create this strong demand.

The First Time Buyer

The Urban Land Institute recently released a report, Emerging Trends in Real Estate 2014, projecting that 4.48 million new households will be formed over the next three years. Millennials will make up a large portion of these new households. With the economy improving, we believe they will finally be moving out of their paren...

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Nov 11 2013
11:20 am

Posted By Shawn Pillion
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Carolina Park- Moving Along!

Buyer Info

Carolina Park is being hailed as Mount Pleasant's fastest growing community!_________________________________________

If you haven't seen what developing in Carolina Park lately, you owe it to yourself to drive through and see how busy the developer and builders have been. Many beautiful homes have been built. None more beautiful than in the exclusive Riverside section.

Hot and ready for move-in

A select group of six homes throughout Carolina Park are either complete or move-in ready by end of the year. That means homebuyers could be spending the holidays in a brand new Carolina Park residence.

Click on any address below to see more details.

Click here to see all ...

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Oct 25 2013
10:39 am

Posted By Shawn Pillion
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Charleston Real Estate: TV vs. Reality

Buyer Info

Buying Real Estate in Charleston??

Don't believe everything you see on TV!!!

 

Buying Charleston SC Real Estate

Courtesy of: Park City Real Estate - JensenandCompany.com

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Oct 15 2013
2:51 pm

Posted By Shawn Pillion
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Charleston Grabs the Numer One Spot.... Again!

Buyer Info

Condé Nast Traveler magazine has just published a poll from it's readers announcing Charleston as the #1 City in America! Charleston celebrated the new by posting this video on YouTube:

 

This is the third year in a row a number one spot has been bestowed upon the Holy City.

Here at ChuckTown Homes, we're just wondering what's taking you so long to get down here and invest in Charleston Real Estate! To find out why everyone else is saying such good things about our city, plan a trip and experience Charleston for yourself.

Once you're here you'll have a hard time leaving!

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Oct 15 2013
9:55 am

Posted By Shawn Pillion
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Why You Should Sell Your Charleston Real Estate Now

Buyer Info

Why You Should Sell Your Charleston Real Estate Now

 

Many now realize that it is a great time to buy a home.  It might also be an opportune time to sell your house.  Here are the five reasons we believe now may be a perfect time to put your house on the market.

1. Demand Is High

The most recent Existing Home Sales Reports by the National Association of Realtors (NAR) show a double digit percent increase in sales year-over year; sales have remained above last year’s levels for over 25 months.  There are buyers out there right now and they are serious about purchasing.

2. Supply Is Beginning to Increase

Total housing inventory is again approaching historic norms of a 5 month supply c...

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Oct 7 2013
5:24 pm

Posted By Shawn Pillion
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5 Reasons to Hire a Charleston Real Estate Professional

Buyer Info

5 Reasons

The real estate market is a place where most people will make their largest investment ever. It is a place where fortunes can be, and often are, made.  It is not a place, however, for you to “wing it”.

While the myriad TV shows about real estate make the process look so simple – it’s not really that simple… they make it seem like all you need to do is slap a for sale by owner sign in the yard, have one open house with fresh flowers and fresh baked cookies and bam! SOLD! in one day.  Well I can tell you that in New Hanover County, North Carolina it takes an average of 121 days to sell a home. An average means that some houses take much longer to sell and some much less than 121 days to ...

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Coffee & Bagel or Financial Freedom? Investing in Charlerston Real Estate.

Buyer Info

 Starbucks or Charleston Real Estate?

      InfoGraphic courtesy of our great friend Dave Savage from Mortgage Coach.

 

 

Stopping at your local Charleston Starbucks or investing into your Charleston Real Estate mortgage? The choice is yours!

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Sep 5 2013
4:51 pm

Posted By Shawn Pillion
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Charleston Real Estate Flood Insurance Increasing- Here's What to do!

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Charleston Flood Insurance Rates Going Up? Here’s What to Do          

 

Why Are Rates Going Up?

Two reasons:

1. The Federal Emergency Management Agency is updating its flood maps to be more accurate, which could change your flood risk designation. If your risk is higher, your premiums will go up. If it’s lower, your premiums could go down.

2. Last year, a new law took effect that requires the National Flood Insurance Program (NFIP) to phase out subsidies for some older properties to reflect the full risk of flooding. 

Phasing out the subsidized rates and discounts over the next five years will help the NFIP stay solvent. 

Some subsidies have been given in the form of “grandfathe...

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Top 10 Reasons to hire a Charleston real estate agent

Buyer Info

Top 10 Reasons to hire a real estate agent

 

Hire a Charleston Real Estate Agent

http://jensenandcompany.com/

 

Want to find out why ChuckTown Homes sells more Charleston Real Estate than almost anybody in Charleston?

Take a look at our amazing marketing plan.

Also: Top 20 things your agent forgot to tell you!

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Aug 29 2013
11:21 am

Posted By Shawn Pillion
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14,767 Houses Sold Yesterday! Did Your Charleston Real Estate Sell?

Buyer Info

14,767 Houses Sold Yesterday! Did Yours?

 

charleston real estate calendars

 

There are some Charleston homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is…

If it hasn’t sold in this hot market, maybe it’s not priced properly.

After all 14,767 houses sold yesterday, 14,767 will sell today and 14,767 will sell tomorrow. 14,767!

That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NAR reported that sales had increased 17.2% over the year before. According to the report, annual...

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Charleston Real Estate Pricing is Still about Supply and Demand

Buyer Info

Charleston Real Estate is about Supply and Demand

 

Charleston Real EstateKnowing how much inventory is for sale is crucial to determining where home values are headed. Pricing of any item is determined by supply and demand: how many items are available in relationship to how many want to buy that item. The reasons for the strong year-over-year home appreciation numbers we have been seeing is simple to explain: demand for housing is up and the supply of homes for sale has been at historic lows. But that is beginning to change.

The months’ supply of available housing inventory, as reported by the National Association of Realtors, has increased from 4.3 months this past January to the current number of 5....

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Jul 23 2013
10:33 am

Posted By Shawn Pillion
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Selling a House in Charleston: What Does it Take?

Seller Info

Selling a House in Charleston: What Does it Take?

 

Charleston Real Estate

 

The most important need of anyone attempting to sell their house in Charleston is – TO GET IT SOLD!

It is imperative that your Charleston real estate agent is very direct in what it takes to get a house sold. Here is a checklist we put together.

ACCESS

A seller should be willing to give almost unlimited access to potential purchasers if they are looking to sell. Any restrictions to showing the home will result in fewer buyers which could result in a lower price, a longer time on market or both.

CONDITION

Condition goes a long way in determining whether or not a house sells. Bringing in a professional stager is the ultimate an...

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ChuckTown Homes Pleased to Welcome Cayce Hennessee!!!

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

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 21 2013
12:48 pm

Posted By Shawn Pillion
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Charleston Real Estate Prices Expected to Increase in 2013

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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We like to use this real estate blog to post the latest Charleston SC real estate news, trends, and things that interest us. Please check back often for updates to local Charleston SC real estate happenings!

ChuckTown Homes Real Estate- The Charleston Real Estate Experts!!!!