What is a 2/1 Buydown?  How does it work? As this real estate market becomes a little more balanced between buyers and sellers, we all need to shift our focus on the elephant in the room:  High interest rates.  So what is a 2/1 buydown, and how does this not only help buyers, but also sellers in selling their house? This is actually an amazing tool for sellers (as a home selling marketing plan) to offer buyers when selling their house.  You can take a look at the numbers below, to see how much it would cost a seller, and how much savings the buyers would realize.  It's ..read more

The selling market in Charleston right now is incredibly good.  We have been on a tear in most of Charleston with available houses for sale (inventory) being really low.  Which of course keeps demand high, and increasing prices.  Coupled with so many folks moving to Charleston in search of a home, things have been fantastic for home sellers.  Fortunately, most lowcountry residents have been able to take advantage of this through the years with your home value skyrocketingBut...  Are we topping out right now?  We've been talking in the real estate industry about ho ..read more

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 F ..read more

  As we begin the long run-up to the holiday season and look forward to family gatherings ahead, Charleston is still as lovely and welcoming as ever. In between holiday shopping and gift wrapping, you may want to take in a few of the local highlights planned for November. The Fall Tours Continue Homes, History amp; Architecture, October 7 - November 6 2021. Tours of selected beautiful private homes and gardens in downtown Charleston, plus walking tours and other events. Ticket purchase required. James Island County Park hosts the Annual Holiday Festival of Lights, starting Friday, Novembe ..read more

What an incredible whirlwind the Charleston real estate market has been lately.  Little home inventory on the market, multiple buyers, sellers calling the shots- all of it...loved by sellers, but hated by buyers.  Well I think its finally time to let you know that... BUYERS ARE NO LONGER GOING TO TAKE IT. We are actually seeing a change in the market from as early as 6 weeks ago.  You see, weve been in a sellers market since the onset of Covid.  No surprise there.  And because Covid has hit us so hard- sellers were not showing houses in the spring of 2020.  So the ..read more

So if you are not from Charleston, South Carolina and are making a move to this wonderful city- how do you navigate the subtle but sometimes drastic differences between the areas surrounding Charleston? Because each and every area within Charleston has its own vibe. Its own personality, and subculture. Most people moving to Charleston have an idea of what they’re looking for.  Whether they’ve created this idea/potential reality over the span of a number of years, or whether they’ve gone back to their roots and would like to live in something similar to their childhood home- we all have ou ..read more

Congratulation on your purchase contract A job well done on being masters of HGTV staging, landscaping pros, and social media sellers. It is now time to relax and coast to closing. Right? A lot of buyers and sellers feel its now okay to ease up, and all thats needed is paperwork for the lender, and frequent communication from your realtor that everything is rolling smoothly. But as any realtor will tell you- now is when the difficulty or success begins (its all how you look at it). Whether youre a seller or a buyer, there are a number of items that need to fall into place in order to have a sm ..read more

What a beautiful new construction house located close to Meeting Street and Upper King Street. Walk to your favorite coffee shops, restaurants, and anything downtown. This house has all of the extras, and with the largest advantage being that this house is NEW. Not 100 years old, 200 years old- but up to todays new construction codes, energy efficiency, and high city standards. No expense spared in this 3-story Charleston single designed by renowned local downtown amp; Kiawah architect Ashley Jennings. This has all of the old-world charm of Downtown Charleston- plus all of the modern convenien ..read more

If you would have told me last year that the entire world would be shutting down due to a virus in 2020- I would have said you are either delusional, or I would have feared some sort of doomsday apocalypse (or both).  And yet, here we are. Now that we are past the initial phase/stage of infection, and on to the second stage- lets take a look at where we stand in all of this with Covid 19. Many of you are wondering how Coronavirus will affect buying or selling a home in this Charleston real estate market.  Short term- things are humming along, and have been.  We are doing much mo ..read more

7416 Mercedes Way | Hanahan, SC One of the finest quality homes Ive seen in Tanner Plantation. You have to see this house in person to truly appreciate all that it has to offer Impeccable attention to detail and overall taste in every facet of this home. Located in Hanahan (Tanner Plantation area), this house has numerous custom changes, updates, and upgrades.  A complete list of upgrades can be seen below. (click on the speaker for sound) Please give me a call if youd like to see more photos or schedule a showing, thank you ..read more