Find out the latest in what's happening with Charleston Real Estate
The Villages in St Johns Woods- 5094 Coral Reef Drive Johns IslandBuyer Info
5094 Coral Reef Drive on Johns Island
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...
3 Financial Reasons to Buy Charleston Real Estate NOW!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
Whether 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...Read Full Post →
A New And Different Housing Bubble Is Taking ShapeBuyer 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.
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...Read Full Post →
Charleston Real Estate Market Activity ReportsBuyer 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.
Year-to-date, 1,367 homes have sold at a median price of $181,917 ...Read Full Post →
124 Mary Street- Luxury in The Old VillageBuyer Info
Have you been following our new listing on 124 Mary Street in The Old Vilage?
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 ...Read Full Post →
Charleston Real Estate Future Values? Simple as Supply and Demand.Buyer Info
Future House Values? Simple as Supply and Demand
For 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 ...Read Full Post →
For Sale in The Old Village- 124 Mary StreetBuyer Info
124 Mary Street- Luxury 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 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...
Coming Soon in The Old Village- 124 Mary Street, Mount Pleasant SC 29464Buyer Info
Please Contact ChuckTown Homes for a preview before it hits the MLS!
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 ...Read Full Post →
Walk to the Ocean! 10 Racquet Club Villa- Isle Of Palms, SC at Wild DunesBuyer Info
10 Racquet Club Villa at Wild Dunes
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.
Is Buying Charleston Real Estate a Good FINANCIAL Decision?Buyer Info
Is Homeownership a Good FINANCIAL Decision?
Many 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...Read Full Post →
5 Reasons You Should List Your Charleston House TODAY!Buyer Info
5 Reasons You Should List Your Chaleston Real Estate TODAY!
What It Took To Get A Charleston Real Estate Mortgage In 2012Buyer Info
5 Charleston Real Estate Trends to Look For in 2013Buyer Info
5 Real Estate Trends to Look For in 2013
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...Read Full Post →
LOCATION, LIFESTYLE, LUXURY... Amazing Charleston real estate in Palmetto Pointe VillasBuyer Info
1622 Folly Creek Way in Folly Beach, SC 29439
LOCATION, LIFESTYLE, LUXURY... Amazing condo located in Palmetto Pointe Villas, a waterfront Charleston SC Real Estate community w/ 3 deepwater docks, private boat ramp, oversized tandem garages, clubhouse w/ fitness center and pool, and majestically situated on Peas Island, located less than 2 miles from Folly Beach and only a 10 minute drive to historic Charleston.
Features include: Elevator servicing all floors; Hardwood floors; 9'ceilings on both levels; granite countertops; screened porch with marsh and creek views; top floor master suite with private deck offering breathtaking views of marsh and Ravenel Bridge; all 3 bedrooms inc...
Charleston Real Estate- Young Adults & HomeownershipBuyer Info
How do young adults feel about owning Charleston real estate?
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.Read Full Post →
Are Charleston Foreclosures Increasing or Decreasing?Buyer Info
Are Foreclosures Increasing or Decreasing?
Recent headlines have created tremendous confusion regarding the foreclosure situation in the country.
Let’s give an example. Which of these two headlines are accurate?
Foreclosure Starts Plunge to 71-Month Low
Foreclosures Increase for the First Time Since 2010
The challenge is that both headlines are 100% accurate. How can foreclosures have increased for the first time in two years and, at the same time, be at a six year low? Each headline was reporting on a different measurement. Below are the explanations for each of the measurements as per RealtyTrac’s most recent Mortgage Foreclosure Report.
Foreclosure ...Read Full Post →
How long does it take to complete a Charleston foreclosure?Buyer Info
So... how long will it take the bank to foreclose your Charleston house once you stop making payments?
How does that compare to the rest of the country?
To truly understand your options when it comes time to sell your Charleston real estate, call the short sale experts at ChuckTown Homes.
888/ 210.3348Read Full Post →
Help! I Need a Charleston Short Sale Expert!Buyer Info
Fighting Off Foreclosure.
What to do when you just can't hold on to your Charleston real estate any longer....
Letting the bank foreclose on your home is never a good option.
One of the best options is to stay in control of the sale and the deficiency by short selling. ChuckTown Homes has closed over 40 Charleston short sales in 2012. We are true experts in the complicated short sale process.
If you are thinking of selling your Charleston SC real estate call the experts at ChuckTown Homes, even if you owe the bank more than the home is worth. We are experts at negotiating with the bank. We have helped hundreds of people just like you fight off foreclosure and escape a defic...Read Full Post →
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!!!!