Isle of Palms Office

1400 Palm Boulevard Ste. M
Isle of Palms, SC 29451
843.886.5600

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Folly Beach Office

31 Center Street
Folly Beach, SC 29439
843.588.3800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Dunes Downtown

11 Fulton Street
Charleston, SC 29401
843.722.5618

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Kiawah Seabrook Office

1887 Andell Bluff Boulevard
Johns Island, SC 29455
843.768.9800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Mount Pleasant Office

835 Coleman Blvd Ste. 200
Mount Pleasant, SC 29464
843.881.5600

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


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Tag: South Carolina

Mt. Pleasant Voted Top 10 “All-America City”

A while back I wrote this post about the National Civic League’s “All-America City” contest. More than two dozen cities were in the running and the winners were announced on June 18th at a ceremony in Kansas City, MO with representatives from the winning cities.   

 Here are the winners in alphabetical order:

  • Chandler, Arizona
  • Lynwood, California
  • Rancho Cordova, California
  • North Miami, Florida
  • Acworth, Georgia
  • Des Moines, Iowa
  • Salisbury, Maryland
  • Gastonia, North Carolina
  • Mount Pleasant, South Carolina
  • El Paso, Texas

Keeping America Beautiful 2010

This past Saturday, Dunes Properties’ Rebecca Narkiewicz along with vice chair of the Mt. Pleasant Pride Committee (Patricia Fuchs) helped clean up the Ocean View Cemetary in the Old Village of Mt. Pleasant.  They were part of a small group consisting of student volunteers, church organizations, city employees and neighborhood residents.  Low hanging branches were trimmed, weeds were pulled, litter was picked up- it was a great big success.

Folly Beach real estate market report

Here is your March 2010 real estate market report for Folly Beach. There were 6 properties sold during March 2010.  They included one lot on Little Oak Island, a Mariner’s Cay for $412k and an oceanfront property for $655k.  The average sales price for the month was $393,400.  This continues the downward trend on prices and it seems like many sales are pushing prices lower.  This has resulted in a higher number of transactions, as buyers realize that prices are now within reach and pull the trigger on the island lifestyle they have been dreaming of.


Come on down to the island!  The prices are fine!

If you have always thought that living at the beach was too expensive, then think again.  In 2009 Q1, the average sales price was $438,000 and that has dropped to $401,000 in 2010 Q1.  22 properties sold in 1st Quarter 2010, compared to 11 in the 1st Quarter of 2009.  The lower average sales price explains the reason for the increased number of sales.    More people are able to move onto Folly Beach, leaving behind the feeling that it is too expensive to live on the beach.  Increased demand typically signals the bottom of the market, so if this trend continues we could see prices rise in the future.

Now is a great time to buy a Folly Beach home because of the combination of low prices and low interest rates.  Make sure you are working with someone who is an expert in the market and knows their way around the island.  Please contact me here with any questions.

Vince Perna

Folly Beach Real Estate – 843-425-6414

Spoleto Festival

One of the grandest times of the year is about to come- Spoleto Festival USA! And tickets are now available for events.

Spoleto Festival USA was founded in 1977 by Pulitzer Prize-winning Italian composer Gian Carlo Menotti, Christopher Keene, and others who sought to create an American counterpart to their annual Festival of Two Worlds in Spoleto, Italy. Looking for a city that would provide the charm of Spoleto as well as its wealth of theaters, churches and other performances spaces, they selected Charleston as the ideal location.

It’s a great time to be in Charleston. Downtown is buzzing even more than usual.  Spoleto is a great showcase of a variety of performances from the small to outrageous productions.  Jazz to Ballet to more obscure performance art.  Over the last 11 years here in Charleston, my three favorite performances have been the first and only American performance to date of the Monkey Journey to the West opera, Laurie Anderson’s “Moby Dick,”  and the essay reading performance by writer David Sedaris.  Quite a variety!

This year’s event looks extra spectacular with Ireland’s Gate Theater, an all male ballet troup doing a send up of classical ballet-Les Ballets Trockadero de Monte Carlo,  The Colla Marionette Company, Polish pianist Leszek Możdżer, jazz vocalist Lizz Wright, the US premier of “This Is What Happens Next,”  late night punk rock duo Die Roten Punkte, Nina Ananiashvili and The National Ballet of Georgia and so much more.

And a lower cost alternative to Spoleto is our Piccolo Spoleto Festival . Lots of music, theater (most fun being the Piccolo Fringe theater events), literary , dance and family oriented events too.

May and June are a great time to be in Charleston!

Charleston Facts

1.) Charleston boasts the first public college, museum and playhouse in the United States.

2.) George Gershwin composed his well known opera Porgy and Bess while living on Folly Beach, South Carolina. Porgy and Bess are buried in the James Island Presbyterian Church graveyard.

3.) The first game of golf played in the United States took place in Charleston, South Carolina.

4.) North America’s longest cable-stayed bridge spans the Charleston Harbor. The Arthur J. Ravenel Jr. Bridge connects historic Charleston and Mount Pleasant, South Carolina.

5.) The first shot to be fired in the Civil War was fired by Citadel Cadets stationed on Morris Island

 

Looking For a New Neighborhood- Consider the Old Village

I live in the Old Village of Mt. Pleasant  and have been there for going on 11 years.  It’s a great hodgepodge of styles and price ranges.  On any given day you could snap a picture worthy to be on a magazine cover- a beautiful bike with a basket with an elegant woman sporting a straw hat and a summer dress,  a young couple pushing a baby stroller and walking their dog, white picket fences, live oaks, blooming azaleas- It’s just visually idealic.  But it doesn’t stop there.  It’s a place where you know your neighbors by name and stop and ask someone if they need help carrying their groceries in.  It’s like most neighbhorhoods in Charleston. 

And it doesn’t stop there.  I can’t imagine a more convenient place to live than the Old Village.  It’s so convenient.  The Blue Angels were in town over the weekend to perform two air shows.  My husband and I just took a 10 minute walk to the waterfront and voila- front row seats!  On the Fourth of July fireworks are set off on Sullivan’s Island, Patriot’s Point, James Island and Isle of Palms.  15 minute walk to Alhambra Hall and again, front row seats to the best light show ever because you can see the fireworks from all the islands.  The Blessing of the Fleet- right there at Alhambra Hall.  Need a great spot for a picnic? The playground across from Alhambra Hall.  Crave an old fashioned malted milk shake? The Pitt Street Pharmacy.  An unusual gift or bouquet? Out of Hand on Pitt St.  Breakfast treats? The Old Village Bakery. 

The cherry on top? We’re just a 5-10 minute drive to the beaches of Isle of Palms and Sullivan’s. 

So if you are thinking about a change of neighborhoods, somewhere to slow down and find the time to actually live life- give Dunes Properties a call and we can find out what Charleston neighborhood will suit you best!

In the meantime, check out the local news’ video of The Blue Angels’ performance  http://vp.mgnetwork.net/traveler.swf?embed_referer=&u=79dc75709c86102da6fd001ec92a4a0d&z=CBD%253%25%94

Charleston home sales rise 22% from March ’09 to ’10

Here’s a great article from The Charleston Regional Business Journal published yesterday

March home sales in the Charleston area increased 22% over last year, with prices about the same as in 2009.

The Charleston Trident Association of Realtors reported today that 691 homes sold during March at a median price of $185,000. Last March, 568 homes sold in the area, also at a median price of $185,000.

Year-to-date, home sales in the Charleston market are up 23% over last year. Prices are up 3%, the Realtors reported.

Through March, 1,670 homes sold this year. During the same period last year, 1,357 homes had sold.

The Realtors group said the data show a strong beginning to the spring and summer, which are usually busy but started slow in 2009.

“The activity in the early months of 2010 is incredibly encouraging — every month, we’re seeing sustainable growth in home sales and prices are holding steady” said Jeremy Willits, president of the Realtors association. “We didn’t have sales numbers in this range until May or June in 2009.”

Willits said the federal homebuyer tax credit has spurred sales locally, and no one is sure what will happen after it expires at the end of this month.

“The tax credit was not intended to be a long-term initiative,” he said. “It incentivized the purchase of a home, following a year of uncertainty and volatile market activity. It was designed to help stabilize the market, and that’s exactly what we’ve seen it do in Charleston.”

Rising mortgage rates and the uptick in buyer activity could prompt potential buyers to act soon, the Realtors’ monthly report said.

The Charleston Trident Association of Realtors reported last month that 509 homes sold during February, a 22% increase over the 417 sold the prior year. Revised numbers reported today show that 541 homes sold during February, a 30% increase over 2009.

February’s median sales price was $179,755.

The local market had 9,849 active listings as of March 31. March represents the third consecutive month in which inventory was lower than 10,000 listings.

During March, 145 homes sold in Berkeley County at a median price of $163,343. Volume was up 6% from last year, while the median price fell 1%.

In Charleston County, 378 homes sold at a median price of $246,000. Volume was up 31% over last year, and prices were up 9%.

Dorchester County home sales totaled 142 in March, up 27% from last year. The median price was $148,400, down 8% from last year.

Fun Local Movie Trivia!

Imagine my surprise when I turned on the television this weekend for some relaxing viewing and saw my neighborhood in a movie with Albert Finney! It was “Rich in Love” which was filmed in Mt. Pleasant, SC.

I always hear stories from my friends of their famous run ins in town- Reese Witherspoon, Jude Law, Ashley Judd, Mel Gibson, Amanda Siefried, Jennifer Aniston, Brad Pitt, Meatloaf, Will Smith, and tons more.  It got me doing some curious research to see what movies have been filmed at least partially here. Most of you may realize that the Lifetime series “Army Wives” is filmed around town but the list of movies is impressive!

  • “Dear John”  with Amanda Seyfried and Channing Tatum
  • That other Nicholas Sparks 5 tissue box movie “The Notebook”
  • “The Patriot”
  • “Cold Mountain”
  • That fun 80’s Justine Bateman/Julia Roberts/Liam Neeson flick “Satisfaction”
  • “The Legend of Bagger Vance”
  • “The Prince of Tides”
  • “The Dangerous Lives of Alter Boys”
  • “North and South”
  • “Scarlett”
  • “Paradise”

And there is so much more! All of these films highlight the beauty of the area and I’m sure that’s partially why they were selected for filming locations.

Temperatures are Rising – It’s Time to Buy Real Estate?

Looking to make a change?

 

Spring is in the air and temperatures are rising in the Lowcountry! We are enjoying great weather and that changes our mood for the better. We get out of doors more to play and have fun. The temperature also improves the real estate market around this time of year.

Families who have planned to move will start looking for their next home now, so that they can be moved in time for the next school year. They want their children to get acquainted with their new surroundings and meet their new neighbors. We are seeing and increase in people looking for new homes.

Getting in the game early might be your best strategy if you want the best prices and interest rates. Our area, Charleston, SC, has been identified by Moody’s as one of their top 5 areas were home prices will increase in 2010, so this is a great time to take advantage of the market before price begin to rise. Mortgage interest rates are still low, but how long that will last is anyone’s guess.

As real estate professionals,we can help you find the right combination that will put you in the neighborhood you want, in a home that meets your needs, and at a price you can afford. 

Top 5 Healthiest Housing Markets in 2010

Builder magazine released its list of the top 20 housing markets on the mend and Charleston is #5!    They say we are steeped in history but are not resting on our laurels.

Home prices, which fell only 4.2% last year, are expected to climb in 2010 as the region begins to add jobs again (of course you’ve heard about Boeing coming here).

We’re on the mend. For the Charleston region, the magazine specifically noted that a 2% population growth each year for the past five years puts the area among the largest housing markets in the country.

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