Category Archives: South Carolina

June Numbers Show Continued Improvements for South Carolina Real Estate

South Carolina real estate

Earlier this week, the South Carolina REALTORS (SCR) association released its statewide June market reports which show that the housing recovery is definitely coming.

South Carolina new home listings increased by 4.2 percent to 8,867, and pending sales were up a whopping 12.1 percent to 5,544. Couple this with a shrinking inventory of 47,149 units (8.5 percent decrease), and you can tell that demand is on the rise. Prices also rose by 4.4 percent to $164,900, days on market saw a dramatic decrease of 16.3 percent to 112 and supply decreased by an also impressive 22.2 percent to 9.3 months.

All of these numbers plus an improving economy spell good times ahead for the South Carolina real estate market.

The South Carolina REALTORS association is the largest professional trade association in the state. Serving as the voice of real estate for more than 14,000 members, SCR is dedicated to protecting and promoting the local residential and commercial real estate industries.

CNN Money Ranks Carolina Markets as Best Buys

Asheville real estate market

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

South Carolina homes

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.

Net-Zero Homes Under Construction in South Carolina

net-zero South Carolina real estate

When you think of housing markets leading the way in green and energy efficient building, you most likely think of California. However, green home builder Nexus EnergyHomes is expanding their efforts to the South Carolina market with two new communities where geothermal and solar PV is a standard combination for each home.

The developer’s Carolina real estate designs call for geothermal heating and cooling, energy recovery ventilation, PV solar array, state-of-the-art electronic and web-based controls and monitoring systems, super insulated building shells and Energy-Star rated appliances.

When combined, these technologies enable homes to produce almost as much energy as they consume, saving these lucky homeowners thousands of dollars each year annually on energy expenses.

Sunchaser at Bridlewood Farms in Ridgeville, South Carolina is a 30 home community with homes ranging in size from 1,900 to 3,100 square feet and pricing from the mid $250,000s.

At Sundial GeoSolar Community of River Birch in Summerville, South Carolina, buyers will find 12 three to five bedrooms homes with 2,500 to 3,450 square feet and pricing from the mid $300,000s.

For more information on these net-zero energy home opportunities, visit the Nexus EnergyHomes website.

Gary Player Design Course Opening at The Cliffs in South Carolina

Gary Player Design course at The Cliffs

The Cliffs and Gary Player Design are excited to announce that The Cliffs at Mountain Park Golf Course is scheduled to open next fall. The is one of only a handful of golf courses currently being constructed in North America, and one of seven courses in The Cliffs Communities. The new course will be a part of the existing 5,000 acre Mountain Park residential community on the southernmost edge of the Blue Ridge Mountians.

The Cliffs at Mountain Park Golf Course will be surrounded by more than a million acres of State Parks and National Forests. The course has been designed with the highest environmental standards in mind, and is carefully planned to preserve the area’s natural beauty. The course will also save money by using organic materials and implementing eco-friendly design practices.

The company expects grassing to be completed over the next few weeks with the course fully operational by the 2013 season.

The Cliffs Communities offers a unique collection of seven private communities nestled among lakes and mountains between Greenville, S.C. and Asheville, N.C. These residential Carolina real estate areas are bordered by thousands of national forests and state parks, and each is designed with a unique personality and style.

For more information about The Cliffs, call 866-411-5771.