The Charleston Coast From Our View...
We can comfortably consider the first quarter to have been a good start for residential real estate in 2017. There was certainly plenty to worry over when the year began. Aside from new national leadership in Washington, DC, and the policy shifts that can occur during such transitions, there was also the matter of continuous low housing supply, steadily rising mortgage rates and ever-increasing home prices. Nevertheless, sales have held their own in year-over-year comparisons and should improve during the busiest months of the real estate sales cycle.
The U.S. economy has improved for several quarters in a row, which has helped wage growth and retail consumption increase in year-over-year comparisons. Couple that with an unemployment rate that has been holding steady or dropping both nationally and in many localities, and consumer confidence is on the rise. As the economy improves, home sales tend to go up. It isn’t much more complex than that right now. Rising mortgage rates could slow growth eventually, but rate increases should be thought of as little more than a byproduct of a stronger economy and stronger demand.
Charleston Market Statistics through February2017
We love to shop, but more importantly we love to shop local! Charleston wasted no time this year — the warm days are upon us and it’s time to do some spring cleaning with the closet. Here are a few places where you can shop unique finds while also supporting local businesses. We’ve even included a place to take your wardrobe’s remnants from years past!
Bashful, 36 Windermere Blvd. West Ashley
There really is no such thing as window shopping at Bashful. The boutique stocks limited amounts of unique, trendy women’s wear, jewelry, and handbags, so you have to buy before it goes “bye!” You may remember it from its old location in Avondale, but the shop has upgraded now to more space in S. Windermere shopping center.
Consigning Women, 21 Magnolia Road, West Ashley
Consigning Women & Men, 1055 Crickentree Village, Mt. Pleasant
A Charleston tradition since 1989, Consigning Women stocks only high-quality, name-brand, currently stylish clothing for a fraction of the original price. Bring in your own gently used clothes and not only will you be doing your once-chaotic closet a favor, but you’ll also get in on a very economic exchange. The shops are good for your wallet, but they’re great for the planet!
MOSA Boutique, 420 King Street, Downtown Charleston
From slinky sundresses to lace mini dresses, MOSA on King also has an in-store bar, complete with craft beer on tap, wine, and mimosas — mimosa, MOSA, get it? They’re stocked on both booze and spring styles, and their comfy seating area will ensure the spouse and kids have a place to rest while you shop.
Channels, 507.5 King Street, Downtown Charleston
Channels arrived to King Street in 2014, combining the surf and skate styles that the owners embrace in their everyday lives. You can expect to see a long list of quality brands here, including Citrine Swim, Reef, Boho Me, and Chucktown Inc. Summer styles range from cute and casual to cool and sporty, and their line of sunnies and swimwear is not to be missed.
Candy Shop Vintage, 9 Cannon St, Downtown Charleston
Since 2009, Deirdre Zahl has sold incredible vintage jewelry and vintage-inspired jewelry as Candy Shop Vintage. Her own Candy Shop Collection consists of vintage-inspired jewelry that reflect the quality and craftsmanship of the vintage jewelry she has collected for many years. Zahl also introduced her own Charleston rice bead necklaces as an homage to flapper-style costume jewelry she’d discovered in her antique store digs. We think the whimsical colors and fun lengths make for a playful spring accessory.
Holy City Vintage Market
Holy City Vintage Market is a roaming pop-up market where many local vintage vendors who typically have online Etsy shops set up for the day and show you their latest wares. The market only pops up every two months or so, and the vendors can vary — and the vendors’ stock always varies! Each shop has a different eye/style so you’re sure to find something that’s you – from Runaround Sue’s vibrant 1960s style to Red Rose Vintage’s (a shop that travels in an updated vintage airstream) casual 80s gear to the boho, floral styles of Little French Dress. The next HCVM is on Easter Sunday April 16 at Park Cafe (730 Rutledge Avenue, downtown Charleston), so you can sip mimosas from the outside bar and shop while you wait for a brunch table!
Where will you shop this spring?
We have a wide variety of new listings at the beach, and it’s just in time. The mercury is starting to rise and the sun is shining, that can only mean one thing….its almost summer on the Charleston Coast! What better way to spend the lazy days of our favorite season than at one of Charleston’s fabulous beaches? Check out some of the newest listings from dunes properties agents on Sullivans Island, Isle of Palms, Folly Beach, Kiawah Island and Dewees Island.
2614 Bayonne Street, Sullivans Island
4 beds | 4.5 baths | 4,754 sq ft
One of the finest second row homes on Sullivans Island and only steps away from the Station 26 beach access path! A stunning remodel of this home was completed in 2015 by Phillip Smith Contractors. The 3,410 square foot first floor boasts a downstairs master-suite with outside porch, and direct access to the elevated pool and workout cabana. There is an additional guest suite off the front entrance. The house has a open great room and dining area combination with bay windows overlooking the pool area, a large office area, a gourmet kitchen with attached den and additional fireplace. Listed by Tim Reese
2102 Atlantic Avenue, Sullivans Island
9 beds | 6 baths | 5,760 sq ft
Located on a street to street, half acre lot on Sullivans Island, this unique, one of a kind home features lots of possible configurations for a large family! The owners built this home with generational living in mind. Side A and B each feature four bedrooms, two full baths, wrap around porches, 2 car garages, hardwood floors in the main living areas and tons of storage. In addition, there is a two story carriage house, connected to the main house, that features a one bedroom living space on the first floor and a studio space on the second. The main house, sides A & B, live like two separate homes but have privacy doors to make the spaces separate. Listed by Betty Poore & Vannessa Carter
708 Palm Boulevard, Isle of Palms
4 beds | 2 baths | 2,434 sq ft
This bright and cheery home with double front porches is centrally located on the island. The first floor features an open floor plan with a full bath. The kitchen window overlooks the pool located in the private fenced in backyard. Upstairs you will find the master suite with walk-in closet and large private bathroom. Three more nice size bedrooms are also upstairs with one of the front bedrooms that opens out to the upstairs porch. Plenty of parking underneath. Close to the beach, downtown Isle of Palms, connector and just a short drive to historic Downtown Charleston. Listed by Ginn Maiers
1653 B East Ashley Avenue, Folly Beach
4 beds | 2.5 baths | 2,200 sq ft
Here is your chance to own a 4 BR oceanfront home on Folly Beach that will hold a large family, performs well on a rental program, and doesn’t break the bank. Enjoy the sunrise and seascapes from large oceanfront balconies. There are hardwood floors downstairs and an enormous kitchen with granite countertops and a bar -height counter to gather around. The kitchen flows into the open living and dining room with windows and sliding doors that lead onto the oceanfront deck and let the light in. There is also an oceanfront deck upstairs that can be accessed by the master bedroom and two more bedrooms. Listed by Vince Perna & Laurie Hull
1120 E Arctic Avenue, Folly Beach
3 beds | 2 baths | 1,379
This is a renovated classic Cape Cod style beach house. Located on a full corner lot and directly across from beach access. ”Neptunes Folly” is on a vacation rental program with great occupancy and rental income history! The property also sits on a dead end, less traveled street. Enjoy beautiful ocean views from the large front porch. The open living/dining room area and updated kitchen are perfect for entertaining. The property also has plenty of off-street parking, a huge plus on Folly Beach! Listed by Keith McCann
5 beds| 4 baths | 4,300 sq ft
If you are all about the beach, then look no further. This classic style beach house is oceanfront with enough room for family, friends, and grandchildren. Needless to say the views are amazing. The first floor has a very large great room with fireplace, sunroom, and master suite all with ocean views and outside access. Additionally, the kitchen is updated with newer cabinets, granite, and stainless steel appliances. Listed by Karen Hilty
312 Pelican Flight Drive, Dewees Island
3 beds | 2 baths | 1,616 sq ft
This is the best starter home on private, unspoiled Dewees Island. This lovely 3 bedroom cottage with loft and open floor plan has views of managed wetland, deer browsing areas, and maritime forest. Nestled into the pines with easy access to kayak trails and a very short walk to the beach. Home has porches which flank the living room, allowing for the sea breezes to blow through the main part of the house. Airy master bedroom is open to below through captains windows, and an additional loft area is perfect for watching the eagles nest or alligators below. Two other quiet bedrooms each have their own porch access areas and vaulted ceilings. Charming cottage decor conveys with a few exceptions. Under the house, there is great storage for toys including golf carts, kayaks and bicycles. Listed by Judy Fairchild