If you need assistance, please call 843-278-1600

  • Homes For Sale | Charleston Real Estate Happenings Blog

    Wednesday, March 13, 2019   /   by Steve Smith

    7 Things To Avoid After Applying for a Mortgage!

    7 Things To Avoid After Applying for a Mortgage!


    Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan.

    Below is a list of 7 Things You Shouldn’t Do After Applying for a Mortgage! Some may seem obvious, but some may not!

    1. Don’t change jobs or the way you are paid at your job! Your loan officer must be able to track the source and amount of your annual income. If possible, you’ll want to avoid changing from salary to commission or becoming self-employed during this time as well.

    2. Don’t deposit cash into your bank accounts. Lenders need to source your money and cash is not really traceable. Before you deposit any amount of cash ...

    Read More


      charleston, charleston real estate, charleston sc, homes for sale, real estate

    Monday, March 11, 2019   /   by Steve Smith

    4 Reasons To Buy A Home This Spring!

    4 Reasons to Buy a Home in the Spring


    Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting.

    1. Prices Will Continue to Rise

    CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.6% over the next year.

    Home values will continue to appreciate for years. Waiting no longer makes sense.

    2. Mortgage Interest Rates Are Projected to Increase

    Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year fixed rate mortgage came in at 4.41% last week. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, and the National Association of Realtors are in unison, projecting rates will increase by this time next year.

    An inc ...

    Read More


      charleston, charleston real estate, charleston sc, homes for sale, real estate

    Wednesday, March 6, 2019   /   by Steve Smith

    2 Reports That Say Now Is A Great Time To Sell

    2 Reports That Say Now Is a Great Time to Sell

    Heading into the spring buying market, there are strong trends starting to emerge.
    The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials and Generation X leading the way!
    Let’s dive a little deeper into some of the recent reports that have been released and what they mean for the spring buying season!
    1. National Association of Realtor’s Existing Home Sales Report
    Sales of existing homes were down for the third consecutive month in January. Some of this can be explained by the natural seasonality that the real estate market experiences every year, and some can be explained even further by a lack of homes available for sale on the market.
    Inventory
    For the last eight months, the inventory of homes for sale has been highe ...

    Read More


      charleston, charleston real estate, charleston sc, homes for sale, real estate

    Monday, March 4, 2019   /   by Steve Smith

    Our Bet- The Housing Market Will Spring Forward!

    The Housing Market Will “Spring Forward” This Year!

    Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.
    Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.
    Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.
    That hasn’t happened this year.
    Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.
    The National Association of Realtors (NAR)&nb ...

    Read More


      charleston, charleston real estate, charleston sc, homes for sale, real estate

    Friday, March 1, 2019   /   by Steve Smith

    Charleston Metro Market Home Prices Up 6% in 2018- Higher Than The National Average

    Home Prices Up 5.73% Across the Country! [INFOGRAPHIC]


    Some Highlights:

    The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
    In the report, home prices are compared both regionally and by state.
    Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! ...

    Read More


      charleston, charleston real estate, charleston sc, homes for sale, real estate