Cannonborough Revival
The City Paper released an article today on the rapidly changing Cannonborough/Elliotborough area downtown. Over the last year or two several retailers and a few restaurants have decided to make the Spring/Cannon corridor their home. Why? Homes in the area have already been getting major face lifts, the Midtown development, it's easy to get to from the crosstown, and maybe most importantly,...
Red’s Ice House Proclaims: 2 Red’s are Better Than 1!
The new Red's Ice House at Bohicket Marina is a beautiful setting on the Marina with boats in the foreground and stunningly colorful sunsets across the marsh and river in the background. The Post & Courier’s recent article gave Red’s 4 stars for view, 3 for atmosphere and 3 for service. There is a ground floor bar area with flat screen TVs, 2 dining areas, one of which has long tables,...
Charleston Chef Pushing Culinary World in New Direction
One of Charleston's very own chefs is one of the exclusive 2010 Chow 13. McCrady's Sean Brock is one of 13 chefs selected for pushing the culinary world in new, adventurous directions. He is also the 2010 James Beard Award recipient for the Southeast. "This fall, Brock is opening a new restaurant called Husk that will serve only food produced in the South. The cooking will be rustic: a lot of...
The Perfect Time For Dining Out in Charleston
September 8– 19th It’s Restaurant Week in Charleston! Go on-line, check out the menus and make your reservations now. Local restaurants are encouraged to offer three course meals for $30 for high end dining and $20 meals for more casual options. With more than 50 restaurants participating there is tremendous variety. For West Islands residents or guests, The Ocean Room, and Jasmine’s Porch at...
August 2010 Folly Beach Real Estate Market Report
Below is a description of real estate activity on Folly Beach in August 2010. Demand held steady as 11 properties sold in August, same as the month before, bringing the total sold in 2010 to 74. This is a great sign, as historically demand was over 100 homes per year and we are on pace for 111. The average sales price in August was $340,000 with a low of $145,000 and a high of $620,000. These...
Latest Market Stats for Downtown
August at a Glimpse There were 16 residential closings for $11.7 million in Charleston inside the Crosstown in August, 2010 versus 23 for $12.9 million last August. Year to Date YTD there have been 187 closings for $143.9 million versus 145 closings for $120.3 million last year. So far this year, the price of the average sale is $769,397 versus $829,606 last year. This is still a good time to...
Why Isn’t My House Selling?
Is that a question you've asked your real estate agent? It seems this question is being asked more and more these days. While there are many factors that go into the answer to that question, one reason that is the most frequent reason is the listing price. How is the listing price of your home so important in getting your home sold within 90 days? Your goal is to sell your home for the best...
Just How Low is Low? Have You Seen Your Rate Today?
When it comes to mortgage loan interest rates, timing is everything.
Some Things You Should Know About Real Estate
Keep Your Home Sale from Falling Apart After finding a buyer, all you have to do to make it to closing is to avoid these five traps. Read 5 Tips for Buying a Foreclosure Get prequalified for a loan and set aside funds, and you’ll be ready to purchase a foreclosed home. Read 6 Reasons to Reduce Your Home Price While you’d like to get the best price for your home, consider our six reasons to...
CRBJ 2010 Market Snapshot
The Charleston Regional Business Journal released their 2010 Market Facts last week. It's a slew of graphs and charts outlining market performance across the tri-county area over the past 3 years. It's extremely helpful to get a visual depiction of real estate market trends during this recession. Not surprisingly, compared to '07 and '08, 2009 home sales look pretty pathetic. It was a doozy...