Charleston Real Estate Update: Mortgage Rates Decline

Charleston Real Estate Update: Mortgage Rates Decline

American real estate observers have been crowing for months now that the sand has almost run out of the hour glass on historically low conventional mortgage interest rates. Apparently time is standing still because mortgage rates continue to defy forecasts, as the 30-year fixed-rate mortgage falls even lower this week. This marks the second consecutive week where 30-year fixed-rate mortgages declined.

Charleston Real Estate Market Report – 2015

Charleston Real Estate Market Report – 2015

The annual report from the Charleston Trident Association of Realtors has been released for 2015. The biggest news in 2015 was the lack of news on rate increases, so buyers kept locking in low 30-year fixed rates. Closed sales increased 13.7 percent to close out the year at 16,202. The cost to buy a home rose again in 2015. The overall median sales price was up 6.5 percent to $229,000 for the year. Home prices should continue to rise in 2016 but perhaps at a tempered pace as the market approaches natural balancing point. Price gains should be more in line with historical norms in 2016.

Charleston Property Values – The Last 10 Years

Charleston Property Values – The Last 10 Years

Looking at Charleston Property Values over the last 10 years. For anyone planning to sell their home in the near future, this is important data. Based on current trends, demographics, and mortgage rates, the future looks bright to most rational observers. With roughly 40 people moving to Charleston each day, and the local economy continuing to prosper across most sectors, there seems to be support for the notion that price of real estate will continue to flourish in most areas around town.

New Listings For Sale in Mount Pleasant

New Listings For Sale in Mount Pleasant

Mount Pleasant SC is one of the fastest growing areas in the country. See this week’s listings of homes for sale in Mount Pleasant SC. This page will be updated several times a day with the most recent listings via the Charleston Trident Multiple Listing Service (MLS).

The Top Charleston Twitter Follows

The Top Charleston Twitter Follows

If you are new to the Charleston area or are thinking about coming here some day, you may be interested to follow some of these folks who are on Twitter. These are the crème de la crème, the best of the best, the tightest tweeters of both the known and the unknown twitterverse and have been carefully selected based on both their volume and relevance to the Charleston scene. Without further adieu, here is a quick list of my Top Charleston Twitter Follows that tweet the latest on food, culture, and local news usually specific to the Lowcountry. If you have any suggestions that should be added to the list, let me know.

Downtown Charleston Lofts

Downtown Charleston Lofts

Looking for a Downtown Charleston loft? Whether you are looking for new builds or older buildings, we have them and you just can’t beat the sunny, wide open feel of a nice loft. High ceilings, open floor plan, and large windows are pleasing to the soul.

The Last Charleston SC Honor Flight

The Last Charleston SC Honor Flight

On September 12 my family and I had the pleasure of joining hundreds of others who gathered at the Charleston Airport to welcome home veterans from around the Lowcountry who took part in the last SC Honor Flight from Charleston. Veterans from both World War II and the Korean War were flown up to Washington DC and back so they could visit the various war memorials in Washington DC.

Gawkable – America’s Most Expensive Hotel

Gawkable – America’s Most Expensive Hotel

The most expensive hotel room in America – The Ty Warner Penthouse – is appropriately named for the convicted tax evader and founder of Beanie Babies. Rather than hide your money in a Swiss bank, why not simply put it into a night at this popular but misunderstood hotel penthouse suite at the Four Seasons.

South Carolina Hurricane Season Top Communication Tips

South Carolina Hurricane Season Top Communication Tips

Life along the coastal South Carolina includes dealing with the realities of Hurricane Season, and here are some great tips for maintaining good communications when the conditions are not optimal. See South Carolina emergency weather radio frequencies, emergency broadcast stations, and South Carolina emergency management’s social media links. Learn how to charge a phone with solar power.

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