Category Archives: Charleston new homes

New homes in Charleston, SC

CNN Money Ranks Carolina Markets as Best Buys

If you’re looking to buy or sell a new home, some real estate markets have recovered better than others. Recently, CNN Money ranked their top five markets for buyers, and two Carolina real estate markets made the list.

Coming in at number one was southern South Carolina, which includes towns such as Beaufort, Hilton Head Island and Charleston. Currently, homes are averaging 156 days on the market and being listed at $269,900. This means that buyers have a longer time to shop around for their perfect home, although they shouldn’t expect great deals to stay on the market as long.

The Asheville market makes the list at number four with 146 days on the market on average and a median listing price of $249,900. Housing here still remains inexpensive especially considering that the city consistently ranks as a top place to live. However, those looking to buy will find that inventory has dropped significantly over the past few years.

For the full list from CNN Money, click here.

New Website Aids Charleston Home Buyers

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If you’re a South Carolina home buyer looking for new digs in Charleston, you’re in luck. Carolina One Real Estate and the Historic Charleston Group have teamed up to launch www.CharlestonBuyersGuide.com.

Visitors to the site will find an advanced MLS search, interactive map, information on local communities, all kinds of useful information for buyers and sellers and a blog. When searching for a home, buyers will be sure to love the site’s access to Microsoft’s Bird’s Eye View as well we Google’s Streetview. Buyers will also be able to view comprehensive listings that can be saved for future reference, and they can request for property information that matches their predetermined criteria to be emailed to them. The additional information provided in the community listings, market reports and blog is also of use to buyers, sellers and real estate professionals alike.

“CharlestonBuyersGuide.com was designed to fill a niche in the Charleston, SC real estate market,” John Lisi, the site’s co-founder says. “There was really no other website out there that emphasized the buyer and also utilized special technologies.”

According to Zillow, home values in Charleston have risen 7 percent in the last year to a median sale price of $249,300. This is higher than the national average sale price which is currently around $160,000. In addition, the market in Charleston is primarily made up of single family homes (68 percent), but condos (19 percent) are also prevalent.

For more information on the Charleston real estate market and to view the city’s current listings, be sure to visit www.CharlestonBuyersGuide.com.

Carolina One Real Estate is Leading the Commercial Market

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Ever been to the beautiful city of Charleston for vacation? With the housing industry on the mend, make your stay permanent! Charleston is one of the top South Carolina cities for growth in the housing and commercial markets. It is now even easier to own your perfect waterfront home with an abundance of employment opportunities, home sites and new commercial real estate.

According to a recent report by the Charleston Trident Association of Realtors Multiple Listing Service, Carolina One Real Estate’s Commercial Division is leading the commercial market. The company closed 41 units since 2088, more than double the number of its closest competitor. With a 25.1 percent share, the Carolina One Commercial is the leader in the market in that category of RMLS (residential firms that also sell commercial property).

Oliver Mathewes, Broker in Charge of the commercial division, said “Carolina One has led the residential market in Charleston, Berkeley, and Dorchester counties since 1992. Over the years we have gradually added commercial services. Since May 1, 2008 when we moved from the Prudential network to becoming an independent company, we now have the flexibility to strengthen our commercial efforts and also operate as Carolina One Commercial Real Estate.”

For more information on who’s hot in the Carolina real estate market, be sure to check out our site.

Nine Carolina Cities Make Improving Markets List for April

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Nine cities in North and South Carolina made the list of housing markets showing measurable improvement in April. Compiled by the National Association of Home Builders and First American Improving Markets Index (IMI), April’s list included 101 metropolitan areas across the nation.

Seven North Carolina cities: Burlington, Charlotte, Goldsboro, Greensboro, Greenville, Rocky Mount and Winston-Salem made the list. Charleston and Spartanburg made the list for South Carolina.

The IMI identifies metro areas that show increases over a six month period for each of the respective lows related to employment, housing permits and house prices. The data is collected from the Bureau of Labor Statistics, the US Census Bureau and Freddie Mac. The list of 101 cities is up from the 99 listed in March, with 11 slipping from the list and 13 new ones being added.

“While housing markets across the country continue to struggle under the weight of overly tight lending conditions and other challenges, the April IMI indicates that at least 101 individual metros are showing measurable and consistent signs that they are headed in the right direction,” said NAHB Chairman Barry Rutenberg. “A total of 35 states are now represented on the list, with 10 states having four or more entries. This positive news is in line with what our builder members have observed regarding firming conditions and improved buyer interest in certain locations.”

The National Association of Home Builders is a trade organization of 140,000 plus members involved in multifamily construction, home building, subcontracting, remodeling, housing finance, property management, building product manufacturing, design and more. NAHB builder members are expected to be involved in 80 percent of new housing projects this year.

If you’re interested in buying a home in one of these booming cities in North Carolina or South Carolina, visit Carolina Real Estate Forum.

McCar Homes Offers Assurance Guarantee

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McCar Homes is offering buyer insurance in their Carolina communities. Called the Assurance Guarantee, it allows homeowners to feel confident that they made a sound investment and the right choice for their families. The Assurance Guarantee ensures that homeowners receive the lowest base price at the time of closing. Homeowners also receive a 90 day interest lock and a 15 year warranty on their home. Every single luxury home built by McCar is a high-quality house that you can be confident will last, and this warranty shows that they truly stand behind their homes. The warranty covers any constructional defects as well as all structural elements. How often does a company come along that really allows you to buy a new home with complete peace of mind? As always the McCar communities are top of the line with incredible amenities to give you and your family a place to play and grow together.