Online scheduling

logo
LakeLifeSCstyle.com Blog Tips for buyers and sellers without the fluff. A no nonsense approach to the real estate market.

Community Digest

Your Home For Sale and Sold Report for May 2017



Instant Update

Homes for Sale & Sold Report for May 2017

Hello, I hope you had a great May!

 

The Stats Summary for the Tri-County shows that New Listings are UP 5% over last year to currently 10,545 YTD and UP 12% over 2015, Closed Homes are UP 9% over last year to currently 7,029 YTD and UP 20% over 2015. This also indicates that the Median Sales Price is UP 5% over last year to currently $250,000 and the Average Sales Price is UP 8% to currently $343,814 . MLS Tri-County closed a record 1,740 homes during MAY 2017 which is the highest MAY for any of the past 10 years!!! This also indicates that MLS Tri-County has closed a 10 year record 7,029 homes YTD!  

This has affected your home's value!

I would like to invite you to find out the new value of your home using today's technology at a website I created that will provide you with your homes new value at:

Get Your FREE Home Value Now

See all current homes for sale near YOU with option to get notified as soon as your neighbor's home lists for sale before the major real estate websites even get them!

I would also like to give a special "Thank You!" to my clients and YOUR neighbors who continue to leave me reviews as I help them buy and sell real estate.

Please click below to read my latest client reviews, along with other real estate resources that you may find valuable!

I hope you find this helpful and, as always, I appreciate your consideration in referring any friends, family, or colleagues my way.

Again, thank you for supporting me and my business endeavors and do not hesitate to let me know if you have any questions about anything related to real estate or your home!

Best Wishes,


What Is Your Home Worth?

Search All Charleston Homes For Sale
Lake Moultrie Homes For Sale
Ladson Homes For Sale
Homes Close to Where You Work
Moncks Corner Homes For Sale
Goose Creek Homes For Sale
Lake Marion Homes For Sale
Summerville Homes For Sale



Brandon Ray
Realtor
Carolina One Real Estate
843-499-1928
Licensed In: SC
License #: 84589
Contact Me


Buyers

Elloree, SC Home For Sale: Just Listed! Beautiful Home on the Water!

Opportunities like this do not happen often so take advantage while you can! THIS IS LAKE LIVING AT IT'S BEST! Gorgeous 4 bedroom home located less than 1/4 mile from Lake Marion, Poplar Creek Marina, and Santee State Park but features gorgeous views from 3 corners of the home of the private neighborhood lake! Enjoy beautiful views of the water from your wrap around porch where you have nothing but breathtaking scenery from every angle! This home boasts 4 bedrooms, 2 full baths, over 2,000 sq. ft., wood floors, water views, and sits on a large .89 acre lot! The first floor offers an open floor plan with beautiful acacia wood flooring, high ceilings, and large windows giving you a scenic view of the water! The kitchen offers tons of cabinet space, large pantry area, and Corian counter to

The adjacent laundry area is spacious and offers additional shelving for extra pantry space.

The downstairs master bedroom is spacious and offers a huge walk-in closet and upgraded master bath with a tiled walk in shower. The second bedroom is large and provides a very comfortable area for overnight guest or additional family members. The first floor also offers the option for a third bedroom, office area, or suitable as a children's nursery area.

Upstairs you will finding a loft area overlooking the main living area. This space offers a cozy environment for reading or watching TV. The bedroom upstairs is large and offers an attached sitting room area. The second floor also offers a full bath.

This home also offers a small fenced in area for family pets, a detached 1 car garage that features a work shop and a 1/2 bath, and a large 16'x40' RV garage with a tall roll up door.

Enjoy fishing or kayaking from your own private dock on the large neighborhood lake or take advantage of the big lake that is only minutes away.

Centrally located between Charleston and Columbia and located only 40 minutes to Summerville! Take advantage of this opportunity before it passes you by! Schedule your exclusive showing today!

Presented By:

Brandon Ray

Realtor
Carolina One Real Estate
843-499-1928
Licensed In: SC
License #: 84589

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Google+
  • Connect on LinkedIn
 

Food For Thought

Experts Startled by Early U.S. New House Sales Increase

 

 Summerville house sales do usually respond in the seasonal pattern that is familiar in most other areas. Spring and summer lead the way for weather-related, financial, school scheduling and other family-related reasons. From now into well past July (and sometimes even August), house sales activity can be counted on to peak. Those are the normal expectations.

But when any segment of U.S. house sales numbers quadruple expectations even before spring bulbs see daylight, that’s worthy of special attention. That was the case last Thursday when the Commerce Department reported that in February, purchases of newly built homes rose by more than 6%. Since The Wall Street Journal’s panel of experts had forecast 1.4%, it drew headlines.

In fact, this was the second month in a row for sharp rises in U.S. new home sales—and what could be a bright sign for Summerville’s own prospects as the spring selling season begins. Press reports were, to put it mildly, enthusiastic:

  • MartketWatch: “New-home sales roar to a 7-month high”

  • Reuters: “…strength in housing should underpin economic growth”

  • ABC News: “Americans…snapping up new homes at the fastest pace since July”

  • Bloomberg: “U.S. New-Home Sales Climbed to a Seven-Month High”

  • CNBC: “[Sales] were the highest since July of last year—and that was the best number since January of 2008”

Bloomberg’s Michelle Jamrisko deduced from the house sales rise that the impact from the recent rise in borrowing costs was, at most, “modest.” That sentiment was echoed by the Realtor, which quoted the National Association of Housing’s chief economist. “The uptick in mortgage interest rates,” he said, “is having a minimal effect.”

We’ll have to wait and see whether that is true vis-à-vis the impact of mortgage interest rates on Summerville’s own house sales. They might be either “modest” or “minimal”—or the prospect of continuing hikes might induce more Summerville prospects to get busy sooner rather than later. If “sooner” describes your own inclination, I hope you’ll decide to put thought into action by giving me a call!

Market Update

Summerville Housing Market Gels with Empty Nester Plans

 

 

 

 

Time Magazine ended last week with a commentary that could foreshadow how this year’s Summerville housing market might differ from years past. Author Bill Saporito identified a mismatch in the housing market that could bode well for empty nesters. Whether or not the implications will be a perfect fit for our Summerville housing outlook, the “Big Picture” assessment does seem to gel with a lot of what we’re hearing and reading.

Time’s housing market “mismatch” begins with the national assessment that the U.S. is experiencing an annual shortage of as many as 700,000 new homes. Even though the latest economic outlook is refreshingly encouraging, new home builders are only now beginning to build the capacity to expand operations. As a result, “they haven’t banked as much land” or filed enough permits to keep pace. It’s also possible that the new administration’s crackdown on illegal immigrants may materially tighten labor availability.

The upshot is to create a scenario where demand for existing homes rises, putting current homeowners in “prime position” when they decide to list. Bolstering that proposition are some national statistics which peg the supply of existing homes at a scant 3.6 months—and it’s been more than a decade since the supply was that low.

What that probably means for our local Summerville housing prospects is what you expect when demand outpaces supply. When those greater conditions combine with the more immediate local factors, the overall takeaway should be good news for empty nesters (and downsizers in general). In addition to the extra energy that arrives with real estate’s traditional spring selling season, this year, in addition to the shortage of supply, the specter of rising Summerville mortgage costs acts as an extra prod. Time quotes the chief economist of one global group on that score: “…buyers are beginning to realize you might as well get in now.”

The good news for baby boomers, empty nesters, and downsizers of all stripes is that the new housing starts are now disproportionately being designed with them in mind: high service, luxury condos leading the pack. What that means is even fewer new single-family homes are in the pipeline—further raising demand for their existing properties, if and when they decide to list.

If you have been considering any of the opportunities unfolding in today’s Summerville housing market, I’ll be delighted to discuss ways I can help you take advantage of them. Call me for a consultation—of course it will be obligation-free.



Buyers

New Home For Sale In Summerville, SC! Large .82 Acre Lot! 3 Bedroom/2 Baths!

249 Picard Drive, Ladson, SC

$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS | 1456 SQUARE FEET

 Location! Location! Location! Gorgeous manufactured home sitting on a LARGE .82 ACRE LOT! This wonderful home features 3 bedrooms, 2 full baths, wood burning fireplace, and more! The living room is very spacious and is open to the kitchen and dining room areas. The kitchen offer plenty of cabinet space and a LARGE PANTRY for extra storage. The master is large and offers a deluxe master bath with huge walk in closets. The two additional bedrooms on the opposite side of the home are spacious and offers nice closet space. Enjoy afternoons on the large front deck in this very secluded lot. Conveniently located in the Old Fort area of Ladson, you are just minutes away from Ladson Rd, shopping, and restaurants! The tranquility of the country right in the city! Schedule your appointment TODAY!


Buyers

Lake Marion, SC Land For Sale: JUST LISTED! 6.7 Acres on Lake Marion! Waterfront!

Listings to Leads - eFlyers
Beautiful 6.7 Acre Tract on Lake Marion!
JUST LISTED
View the Property Details, Photos, Map & School information here!
1 Scott Lake Rd. Summerton, SC 29148

List Price: $ Get Current Price

This Opportunity on Lake Marion Will NOT Last Long!

Gorgeous 6.7 acre tract located on Lake Marion, the largest lake in SC! This property is perfect to build your dream home or for a multi-family development! The land offers a wide variety of beautiful hardwoods from pines to cypress trees and the shoreline offers expansive views of beautiful Lake Marion! Featuring over 4 acres of high ground that is ideal to build on and the best part of all, 160 feet of waterfront! The lower portion of the property would be the ideal area to set up a great recreation area! Conveniently located to I-95 and only an 1 1/2 hours from Charleston and Columbia. Hurry though, this wonderful opportunity will not last long!

Follow This Property!
Schedule a Showing
Lake Moultrie Homes For Sale
Homes Close to Where You Work
Lake Marion Homes For Sale
Summerville Homes For Sale
See Property Details
 

 

  Courtesy:
Brandon Ray
Realtor
Carolina One Real Estate
Email Me Now
843-499-1928
Licensed In: SC

License #: 84589
Link on Facebook   Link on Twitter   Follow us on Facebook   Connect on Google+ Connect on LinkedIn
 
 
 

Buyers

OPEN HOUSE:1859 Hwy 15 S, Saint George, SC 29477

Listings to Leads - eFlyers
Great 4 Bedroom With a Huge 1 Acre Lot!
Open House
Open Sat
2:30 - 4:30 PM
View the Property Details, Photos, Map & School information here!
1859 Hwy 15 S Saint George, SC 29477

Bedrooms: 4 | Bathrooms: 1 full, 1 half | List Price: $ Get Current Price | 2437 square feet

Beautiful home located in the Saint George community of Grover! This home features 4 bedrooms, 1.5 baths, and a huge acre lot! NEW WINDOWS, NEW 4 TON HVAC, NEW DUCT-WORK! The first floor offers a large family room with a wood burning fireplace, a spacious kitchen with large breakfast area, office area, and large wash room area! ALL HARDWOODS ON FIRST AND SECOND FLOOR! The FROG is large and has it's own private entrance. Three bedrooms upstairs are spacious and the fourth bedroom would be perfect as a bedroom or another office area. The large lot offers plenty of privacy with room to grow! If you have been searching for the perfect country home in a very quiet and convenient setting search no further! Conveniently located less than 50 minutes from Charleston!

Follow This Home!
Schedule a Showing
Lake Moultrie Homes For Sale
North Charleston Homes For Sale
Moncks Corner Homes For Sale
Goose Creek Homes For Sale
Charleston Homes For Sale
Free Home Values
Lake Marion Homes For Sale
See Property Details
 

 

  Courtesy:
Brandon Ray
Realtor
Carolina One Real Estate
Email Me Now
843-499-1928
Licensed In: SC

License #: 84589
Link on Facebook   Link on Twitter   Follow us on Facebook   Connect on Google+ Connect on LinkedIn
 
 
 

Buyers

OPEN HOUSE: 516 Salem Rd, Dorchester, SC

Listings to Leads - eFlyers
Custom Built Brick Home on 10.5 Acres!
Open House
Open Sat
12 - 2 PM
View the Property Details, Photos, Map & School information here!
516 Salem Road Dorchester, SC 29437

Bedrooms: 3 | Bathrooms: 2 full | List Price: $ Get Current Price | 2081 square feet

If you are looking for a home with acreage look no further than this custom built brick home on 10.5 acres! Privacy and seclusion adorn this gorgeous home located in Dorchester. The peaceful tranquility of the country but only 30 away from Summerville! The home features tons of upgrades from tile floors, smooth ceilings, custom kitchen cabinets, recessed lighting, and more! Nothing was overlooked in the construction of this home whether it's the double poured foundation or the automatic flushing toilet in the master bath! The kitchen features custom mahogany and pine cabinets, slate tile, and tons of storage space! The living room features a large layout and has a gas burning fireplace, tile floors, and smooth ceilings. The master bedroom is large but the master bath is to die for!

The master bath is completely tiled and features a walk in shower with three shower heads, automatic flushing toilet, and a sensor activated sink! The two additional bedrooms, located on the opposite end of the home, are VERY spacious in size. The sun room overlooks the back yard and is perfect for entertaining family and friends for the holidays. This homes offers a large 16x16 deck, double car garage with a handicap elevator for easy access into the home, central vac, and a 20x20 medal storage building! If you have been looking for the perfect spot in the country, THIS IS IT! Located less than 30 minutes to Summerville and only 10 minutes from the new Volvo plant! Schedule your exclusive showing today before this great opportunity passes you by!

Follow This Home!
Schedule a Showing
Mount Pleasant Home For Sale
Moncks Corner Homes For Sale
Goose Creek Homes For Sale
Charleston Homes For Sale
Free Home Values
Lake Marion Homes For Sale
Summerville Homes For Sale
See Property Details
 

 

  Courtesy:
Brandon Ray
Realtor
Carolina One Real Estate
Email Me Now
843-499-1928
Licensed In: SC

License #: 84589
Link on Facebook   Link on Twitter   Follow us on Facebook   Connect on Google+ Connect on LinkedIn
 
 
 

Local Events

Lowcountry Elite Group Annual Client Holiday Apprecation Party-December/2016

We would like to thank all of our clients for coming out to our annual Client Holiday Appreciation Party. We enjoyed seeing everyone and we are sincerely thankful for clients past and present. Low Country Elite Group was very blessed in 2016 with almost 100 homes sold totaling over $16M in sales. Thank you again to ALL of our clients for contributing to our success by referring their loved ones and friends! We are truly blessed to have been able to serve you and we are looking forward to a great 2017! Happy Holidays from the Low Country Elite Group! If you have questions about the current Real Estate Market please feel free to visit us online at www.LakeLifeSCStyle.com or call 843-499-1928 Continue reading ...

Buyers

Custom Built Home on 10.5 Acres in Dorchester, S.C.!! We Would Love To Show You This Home!

Click here to see more pictures and detailed information.
Schedule a Showing
Search All Charleston Homes For Sale
Mount Pleasant Home For Sale
Moncks Corner Homes For Sale
Goose Creek Homes For Sale
Charleston Homes For Sale
Free Home Values
Lake Marion Homes For Sale
Summerville Homes For Sale
Brandon Ray
Realtor
Carolina One Real Estate
843-499-1928
Questions?
Schedule a Showing!
MLS#: 16029991
Licensed In:
SC
License #:
84589
L2L Virtual Tours AR
Buyers

New listing in Santee! Classic Ranch on 2.41 Acres!

Classic and adorable ranch home located on the outskirts of Santee, just minutes from Lake Marion! This home features 2.41 acres, 3 bedrooms, 2 full baths, detached 2 car garage, and more! Built in 1920, this home still features the original hard wood floors! The home would be the perfect starter home, it just needs a little TLC but has so much potential!! Some of the recent improvements over the last few years includes the following: new fencing(2005), replaced the roof on the home and garage(2004), furnace(2007),stove top(2010), drain field(2009), deep well pump(1997), and garage doors(2005). Entering into the home you are greeted by a formal living area with a wood burning fireplace. Off to the right features a very nice screened in porch. The separate formal dining area is perfect for

having guest and friends over for dinner. The kitchen supplies a lot of cabinet space and features a breakfast nook. On the back of the home you will find a large laundry room area. Near the middle of the home is a spacious living room that is perfect for those evenings to unwind. On the first floor is the master which has multiple closets and the spare bedroom is very spacious. The third bedroom is upstairs and features built in desks that are absolutely adorable!!

The detached garage, located on the back side of the home, features parking for 2 cars and includes a back room for extra storage. Have horses? You are going to love the fenced in pasture on the back of the property. Located near the end of the property is an old barn that offers room for extra storage and shelter for horses. If you have been looking for a classic styled ranch home which features acreage, room for horses, character, and potential, look no further!!!


Market Update

November Home Market Update: Sales Remain Strong!

L2L : LISTINGS - TO - LEADS
 

Instant Update



Homes for Sale & Sold Report for November 2016


Hello, I hope you had a great November!

The Charleston Metro Region continues strong going into the end of the year and sellers are taking advantage!

As of November, The Stats Summary for the Tri-County shows that New Listings are UP 5% over last year to 20,523 YTD and UP 15% over 2014, Closed Homes are UP 11% over last year to 15,587 YTD and UP 26% over 2014. This also indicates that the Median Sales Price is UP 5% over last year to $243,500 and the Average Sales Price is UP 4% to $327,054.



This has affected your home's value!

I would like to invite you to find out the new value of your home using today's technology at a website I created that will provide you with your homes new value at:

 

Get Your FREE Home Value Now  


 

 

See all current homes for sale near YOU with option to get notified as soon as your neighbors home lists for sale before the major real estate websites even get them!
 

 

 

 

I would also like to give a special "Thank You!" to my clients and YOUR neighbors who continue to leave me reviews as I help them buy and sell real estate.

 

Please click below to read my latest client reviews, along with other real estate resources that you may find valuable!






I hope you find this helpful and, as always, I appreciate your consideration in referring any friends, family, or colleagues my way. Again, thank you for supporting me and my business endeavors and do not hesitate to let me know if you have any questions about anything related to real estate or your home!



Best Wishes,

 
What Is Your Home Worth?
 
Search All Charleston Homes For Sale
Lake Moultrie Homes For Sale
Ladson Homes For Sale
Homes Close to Where You Work
Moncks Corner Homes For Sale
Goose Creek Homes For Sale
Lake Marion Homes For Sale
Summerville Homes For Sale
 
 
 
Brandon Ray
Realtor
Carolina One Real Estate
843-499-1928
Licensed In: SC
License #: 84589
Contact Me

     
 

 

Buyers

Another Satisfied Client....

Brandon Ray was my real estate agent for Carolina One Real Estate. My wife and I moved from Dallas Texas to Summerville South Carolina. We meet with Brandon and told him what we were looking for in the area. Brandon map out different locations before we arrive to match our requests. I have purchased several homes over the years but Brandon was one of the most determine agents I have ever worked with. Brandon found exactly what my wife and I were looking for and made our move as easy as possible. If you are looking to move to Summerville South Carolina Brandon Ray is the real estate agent you need to work with.

Dennis Bowe

 https://www.yelp.com/biz/brandon-ray-carolina-one-real-estate-summerville?hrid=mHGyiNSM7BQKRlTdAwrslw&utm_campaign=www_review_share_popup&utm_medium=copy_link&utm_source=(direct)

 

 

Buyers

DORCHESTER, SC: OPEN HOUSE THIS WEEKEND ON THIS ONE OF A KIND PROPERTY!

OPEN HOUSE, June 11, Saturday 1:00 PM - 4:00 PM
1659 Sandridge Road, Dorchester, SC
Get Directions Click Here
Description Photos Maps & Local Schools Walk Score
$ Click for current price
4 BEDROOMS
3 BATHROOMS (3 full)
3588 Square Feet

 

One of the most picturesque homes in Dorchester! This property boasts 12 acres with huge gorgeous live oaks, massive muscadine arbor, pecan trees, stunning dogwoods, pomegranate, fig, and loquat trees. The home is beautiful with it's brand new oak style vinyl siding, new architectural red roof, and custom built wrought iron fencing with 4 gates and a large arched double driveway gate that opens to a beautiful winding cement drive up to your brand new home. This home features new high end granite counter-tops in the kitchen and all 3 bathrooms. The kitchen is spacious and offers plenty of cabinet space and a side door entry to the master bedroom porch. The foyer and living room areas are large with original hard wood floors that were just recently refinished.

The living room area also has a gas burning fireplace insert. The master bedroom is large and features walk in closets, remodeled master bath with high end upgrades, and it's own private porch. The three additional bedrooms are spacious in size and is perfect for a growing family.

The back sun room is large and is perfect for a game room, man cave, or hosting large family events. Enjoy a quiet evening on the
extra large front porch with gorgeous views of large oaks and the serenity this property provides. During the summer months relax in the above ground pool which is only a year old. One of the best features of this home is the brand new and attached 3 car garage, with massive amounts of extra storage, a finished 1200 sq ft second floor space, and plenty of opportunities for extra finished space. The home also has another single garage on the opposite end of the home. Property also features a very large barn style shed with tons of shelving, cement pad, and electricity along with a refinished 1930's era Johnson Trucking semi trailer with electricity and lights that offers additional storage space or provides a unique gathering place for those with creative taste.

Conveniently located and only 20 mins away from Summerville, close proximity to the new Volvo plant, and easy access to I-26 and I-95. If you want peace and quiet with a splash of country serenity then you will not want to miss out on this one of a kind opportunity.

Search All Homes For Sale

Homes Close to Where You Work

Free Home Values

Short Sale Homes For Sale

Brandon Ray

Realtor

Carolina One Real Estate

843-499-1928

Brandon.ray@carolinaone.com

L2L Virtual Tours AR
Buyers

Dorchester, SC Home For Sale: NEW LISTING! This is One You Will Not Want To Miss!

1659 Sandridge Road, Dorchester, SC

$ Click for current price
4 BEDROOMS | 3 (3 full ) BATHROOMS | 3588 SQUARE FEET

 

One of the most picturesque homes in Dorchester! This property boasts 12 acres with huge gorgeous live oaks, massive muscadine arbor, pecan trees, stunning dogwoods, pomegranate, fig, and loquat trees. The home is beautiful with it's brand new oak style vinyl siding, new architectural red roof, and custom built wrought iron fencing with 4 gates and a large arched double driveway gate that opens to a beautiful winding cement drive up to your brand new home. This home features new high end granite counter-tops in the kitchen and all 3 bathrooms. The kitchen is spacious and offers plenty of cabinet space and a side door entry to the master bedroom porch. The foyer and living room areas are large with original hard wood floors that were just recently refinished.

The living room area also has a gas burning fireplace insert. The master bedroom is large and features walk in closets, remodeled master bath with high end upgrades, and it's own private porch. The three additional bedrooms are spacious in size and is perfect for a growing family.

The back sun room is large and is perfect for a game room, man cave, or hosting large family events. Enjoy a quiet evening on the
extra large front porch with gorgeous views of large oaks and the serenity this property provides. During the summer months relax in the above ground pool which is only a year old. One of the best features of this home is the brand new and attached 3 car garage, with massive amounts of extra storage, a finished 1200 sq ft second floor space, and plenty of opportunities for extra finished space. The home also has another single garage on the opposite end of the home. Property also features a very large barn style shed with tons of shelving, cement pad, and electricity along with a refinished 1930's era Johnson Trucking semi trailer with electricity and lights that offers additional storage space or provides a unique gathering place for those with creative taste.

Conveniently located and only 20 mins away from Summerville, close proximity to the new Volvo plant, and easy access to I-26 and I-95. If you want peace and quiet with a splash of country serenity then you will not want to miss out on this one of a kind opportunity.

Presented By:

Brandon Ray

Realtor
Carolina One Real Estate
843-499-1928
Licensed In: SC
License #: 84589

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Google+
  • Connect on LinkedIn
Schedule a Showing/Request Info
 

Sellers

Is Our Market Headed For A Shortage?

Potential home buyers in Charleston better act fast. With dozens of people moving the Lowcountry every single day, real estate experts say we're heading towards a housing shortage.
According to the Trident Association of Realtors, if no one in the Charleston area put their home on the market for the next three to five months, there would be no more homes left to buy.
Many people are already struggling to find a house to purchase.
"You feel like you have to make a really quick decision or you're going to lose that property," said Karey Brem.
Karey Brem is trying to find her parents a home to buy in Mount Pleasant. I caught up with her scouting out one of her favorite neighborhoods, Belle Hall.
"The market is a lot tougher now, there's not that many options and you have to be prepared to pay full price," said Brem.
Brem has been looking for the right home for several months. She hasn't put an offer down yet, in part because she hasn't acted fast enough.
"Any property that is desirable, they're usually a lot of competition," said Nathan Buttrick, Charleston real estate agent.
Brem's broker Nathan Buttrick said buyers are learning that they've either got to raise their offers or lower their expectations.
"The homes aren't necessarily staged to sell, it's kind of take it or leave it - this is what it looks like," said Brem.
She said there's been several homes they were interested in, but she was turned off by their condition. Some homes she's seen have needed major renovations, but are still going at asking price.
President of the Trident Association of Realtors, Michael Sally, says their 2015 housing report found 8,591 homes were sold in Charleston County last year. Of those, 96 percent of sellers got what they asked for, or more.
"You'll put a home on the market and within days you'll have multiple offers, above asking price," said Michael Sally.
Some of that growth is thanks to companies like Boeing, Mercedes, Google and Volvo making a home here. Charleston has also earned a reputation as a top travel destination and top small city in the U.S., for the last five years.
"We have real growth in Charleston and that's what supporting the home values here," said Buttrick.
Our population is growing fast and according to the Charleston Housing Authority, we will reach one million residents by 2027.
"With so many people coming to the area, people are willing to pay more than asking price," said Sally.
Sally said hot spots to buy a home right now are Mount Pleasant, West Ashley, James and Johns Islands.
The city of Charleston considers "affordable" living to be a monthly mortgage payment that's less than 30 percent of your monthly income.
The median income for a family in Charleston is $66,000 a year. So, if you do the math, the typical family in Charleston can only afford homes under $159,000.
Sally says that in 2015, the median sale price for a home in the Charleston area shot up 6.5 percent from 2014 to $229,000.
"We're talking about people, who work in every day jobs, that cant afford homes," said Sally.
Arthur Lawrence is a life long resident of Charleston and owns a home on Fishbourne Street in Downtown Charleston. He's been shocked to see how much homes in his neighborhood are selling for and worries that it's edging out a diversity of neighbors.
"It's out of reach of the ordinary working person and the people that really take care of the city," said Arthur Lawrence. "A house just sold a couple of houses from where I live for $436,000. So, who can afford that whose lived here for years? They can't!"
Housing affordability has become such a concern that there's been several public forums recently where local and national housing experts have addressed what's happening in Charleston.
Just this week, Charleston's new mayor John Tecklenburg talked about the sky rocketing home prices and limited availability to a packed house of residents and city leaders.
"It's a challenge that's almost at a crisis point," said John Tecklenburg, Mayor of Charleston.
"In some niche markets in Charleston, we've had over a 30 percent increase in sales, in the last two years, and that sustainability cannot continue to happen," said Sally.
So what will happen?
"There's no way of knowing if we're experiencing a bubble right now," said Buttrick.
One thing is for sure.
"We're currently, starting to head towards a housing shortage," said Sally.
Sally believes the only solution is to build more developments to even out supply and demand.
Right now, the City of Charleston and Town of Mount Pleasant have temporary building bans in place, but only for new apartment complexes. That is another form of housing that's in high demand in Charleston.
This housing shortage is causing a ripple effect on rentals in Charleston. Young families and professionals who can't afford these competitive home prices are forced to rent for longer. It's causing the same supply and demand issue to occur in short term rental housing.
"Some of the municipalities need to lift their moratoriums on building," said Sally.
Not all professionals in the real estate industry believe that's the fix.
"I don't necessarily agree with that because the reality is the infrastructures just not there to support all of that development," said Buttrick.
New and more affordable homes and rentals continue to be built further inland, in Dorchester and Berkeley counties, to accommodate the needs of people who are finding that Charleston County is too expensive for buying or renting.
people are coming to Charleston, people are going to be moving here we can't shut the gate behind us," said Sally.
If you're in the market for a new home, here are some tips for potential buyers:
-Get personal with your offer. With many homes getting multiple offers within the first day on the market, you've got to set yourself apart. Some buyers have been attaching hand written notes to their offers, explaining who they are and why they want the home. Sometimes it can be emotional for sellers to let go of a home and the personal touch helps.
-Talk to neighbors in the area you're interested in. They might be able to tip you off to a house not yet on the market so that you can check it out ahead of time, directly through the homeowner.
-Be prepared to put in an offer in the day a house goes on the market. Get your finances in order.

Are you or someone you know thinking about selling their home or land? Please feel free to give me a call/text today at 843-499-1928 to discuss your real estate options or contact us online at www.LakeLifeSCStyle.com. With such short inventory in place, there is a solid chance you could earn top dollar for your home.


P.S. See what one of our satisfied clients had to say! Watch the video here! https://youtu.be/5cfAInE3yaA


**Story courtesy of Meaghan Wallace**
Buyers

Get it Before It's Gone! Short Sale in Goose Creek, SC! Tons of Potential!

Listings to Leads - eFlyers
For Sale
115 Jasmine Lane, Goose Creek, SC
Search All Homes For Sale
115 Jasmine Lane Goose Creek, SC 29445
Bedrooms: 4 | Bathrooms: 2 full, 1 half | List Price: $ Get Current Price | 2304 square feet

TONS OF POTENTIAL! NEEDS TLC! Spacious 4 bedroom home featuring 9' ceiling downstairs, large master suite with separate shower, open living/kitchen area, 2 car garage, large backyard with privacy fence, and is located on a cul-de-sac Conveniently located to shopping and restaurants with quick access to I-26. This is a SHORT SALE and purchased AS-IS.

Follow This Home!
Courtesy:
Brandon Ray
Realtor
Carolina One Real Estate
Email Me Now
843-499-1928
Licensed In: SC
License #: 84589
Schedule a Showing
Homes Close to Where You Work
Free Home Values
See Property Details
NotShowingFlag
NotShowingFlag
Link on Facebook Link on Twitter Link on Facebook Connect on Google+ Connect on LinkedIn
Have questions? Ask me.
Food For Thought

Who You Work With Matters! Don't Gamble With Your Largest Investment!

Are you currently in the market to purchase a new home or thinking about selling your existing home in the Summerville, SC area? Don't gamble with your largest investment, who you choose to work with matters. If you are currently working with a realtor on either buying or selling a home, can they get this type of testimonial? If not contact Brandon Ray today at 843-499-1928 to discuss your current Summerville, SC real estate needs or contact online at www.lakelifescstyle.com
Buyers

Whether Buying Or Selling, Your Satisfaction Makes All The Difference!

Realtor Brandon Ray

A nice recommendation for Realtor Brandon Ray. They have purchased two homes through him!

Posted by LowcountryClicks on Monday, April 11, 2016
Community Digest

Ten-Mile Rail Line Proposed in Anticipation of Volvo’s Arrival to Berkeley County

Ten-Mile Rail Line Proposed in Anticipation of Volvo’s Arrival to Berkeley County

by Nikki Gaskins/The Berkeley Observer

camp-hall-map-site-updatedBERKELEY COUNTY, S.C.–Plans are in the works for a new ten-mile rail line that will connect to the future Volvo site, which sits within Camp Hall Commerce Park in Berkeley County.

On Tuesday, Palmetto Railways, a division of the S.C. Department of Commerce, held a public meeting at the Cross Community Center to introduce the proposed rail line.

The new rail line will connect Camp Hall Commerce Park to existing railroad right-of-way, near the Santee Cooper Cross Generating Station in Berkeley County.

“The project is needed to provide rail access for the development of future industries at the Camp Hall Commerce Park in Berkeley County, South Carolina,” reads the Palmetto Railways website. “The project will support future economic development opportunities for the region and state, and will provide alternate means of freight transportation for tenants of Camp Hall Commerce Park.”

While project officials say that rail growth is needed to support the state’s needs infrastructure needs and will help alleviate highway congestion involving large commercial trucks, some homeowners worry about the “noise” that will come with the proposed rail line.

“I’ve lived in this area, practically all my life,” Thomas Weldon told WCBD-TV. “We love the quietness and the country part of it. I don’t like the jumbled up area.”

Some homeowners are naturally concerned how the proposed rail line will impact their property. However, at this time a preferred route has not been identified.

The project is expected to take three years to complete.

Volvo has chosen Camp Hall, a Mead Westvaco development about 30 miles west of Charleston to make latest generation Volvo models for sale in the United States and for export. Plant construction will begin in early Fall 2015, with the first vehicles expected to roll off the assembly line in 2018.

 #volvo #sc #berkeley

 

 

Buyers

Just Listed On Lake Marion! Adorable Lakefront Cottage in Manning, SC!

1200 Lemon Ave, Manning, SC

$ Click for current price
3 BEDROOMS | 1 (1 full ) BATHROOMS | 1000 SQUARE FEET

Absolutely adorable lakefront cottage on Lake Marion! This home comes fully furnished and features a deeded lot, private dock, 3 bedrooms, and 1 full bath. This is perfect for the weekend getaway or simply just to call home. You will love the large living room area with the classic beamed ceiling and wood burning fireplace. The kitchen is spacious and features a comfy breakfast nook area. The bedrooms are cozy to retire to in the evening. Enjoy the beautiful water views as you sit and relax on the large screened in porch but don't forget about the benefits of your own private dock! Grab your fishing gear and go! If you have been searching for the perfect lake cottage look no further than 1200 Lemon Ave in Manning, SC!

Presented By:

Brandon Ray

Realtor
Carolina One Real Estate
843-499-1928
Licensed In: SC
License #: 84589

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Google+
  • Connect on LinkedIn
Schedule a Showing/Request Info
 

Buyers

Just Listed In Ladson! Adorable Starter Home!

110 Robert Drive, Ladson, SC

$ Click for current price
3 BEDROOMS | 1467 SQUARE FEET

More pics coming soon! SELLER OFFERING $3,000 TOWARDS BUYERS CLOSING COST AND A 1 YEAR AHS HOME WARRANTY! Prepare to fall in love! This charming ranch home offers 3 bedrooms, 2 full baths, open floor plan, new carpet, new vinyl, vaulted ceiling, and more! The roof is only 18 months old! As you enter the home you are greeted by a spacious living room area, wood burning fire place, and large vaulted ceilings. The kitchen is open and offers a charming breakfast nook. Off to the right side of the living room is an adjoining space that is perfect as an office space, kids play area, or a game...

Presented By:

Brandon Ray

Realtor
Carolina One Real Estate
843-499-1928
Licensed In: SC
License #: 84589

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Google+
  • Connect on LinkedIn
Schedule a Showing/Request Info