Summerville SC Real Estate http://summervillerealestate.wordpress.com J. Foster Smith, Carolina One Real Estate Tue, 10 Nov 2009 19:10:31 +0000 http://wordpress.com/ en hourly 1 http://www.gravatar.com/blavatar/9828fd1d2b9a819e69bbe17ae4ce8eac?s=96&d=http://s.wordpress.com/i/buttonw-com.png Summerville SC Real Estate http://summervillerealestate.wordpress.com October Real Estate Update: Summerville & Charleston Area http://summervillerealestate.wordpress.com/2009/11/10/october-real-estate-update-summerville-charleston-area/ http://summervillerealestate.wordpress.com/2009/11/10/october-real-estate-update-summerville-charleston-area/#comments Tue, 10 Nov 2009 19:10:31 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1075 ]]>

Here is a wrap up of Charleston Real Estate sales activity for October. ( Previous Market Reports for Charleston SC & Summerville SC) 

Summerville: (More Info)

  • Houses Sold: 172
  • Average Sale Price: $174,206
  • Average Days on Market: 92
  • Average List Price: $179,912
  • Average Percent of Sale/List Price: 97.02%


Moncks Corner & Goose Creek: (More Info)

  • Houses Sold: 89
  • Average Sale Price: $156,276
  • Average Days on Market: 65
  • Average List Price: $159,276
  • Average Percent of Sale/List Price: 97.53%

Hanahan: (More Info)

  • Houses Sold: 28
  • Average Sale Price: $187,737
  • Average Days on Market: 95
  • Average List Price: $195,061
  • Average Percent of Sale/List Price: 94.91%

North Charleston: (More Info)

  • Houses Sold: 68
  • Average Sale Price: $138,925
  • Average Days on Market: 93
  • Average List Price: $144,300
  • Average Percent of Sale/List Price: 96.71%

Charleston (The Peninsula): (More Info)

  • Houses Sold: 20
  • Average Sale Price: $1,058,665
  • Average Days on Market: 117
  • Average List Price: $1,183,815
  • Average Percent of Sale/List Price: 86.15%

Mt. Pleasant: (More Info)

  • Houses Sold: 108
  • Average Sale Price: $314,277
  • Average Days on Market: 125
  • Average List Price: $333,099
  • Average Percent of Sale/List Price: 95.73%

To discuss selling your home or buying a new home please contact me at Foster@HomesofSummerville.com or www.HomesofSummerville.com.

]]> http://summervillerealestate.wordpress.com/2009/11/10/october-real-estate-update-summerville-charleston-area/feed/ 0 Summerville and Charleston Real Estate More... More... More... $8,000 Tax Credit Extended & Expanded http://summervillerealestate.wordpress.com/2009/11/09/8000-tax-credit-extended-expanded/ http://summervillerealestate.wordpress.com/2009/11/09/8000-tax-credit-extended-expanded/#comments Mon, 09 Nov 2009 20:43:51 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1071 ]]>

Great News for those buying a home!  Congress has extended and expanded the Homebuyer Tax Credit.  See the table below to understand the modifications and changes.  Please call or email me if you have any questions at Foster@HomesofSummerville.com. 

Feature January 1-November 30,2009Rules as enacted Feb 2009 December 1-April 30,2010 Rules as enacted Nov. 2009
First Time Buyer – Amount of Credit $8000($4000 married filing separate) $8000($4000 married filing separate)
First Time Buyer – Definition of Eligibility May not have had an interest in a principal residence for 3 yrs. Prior to purchase Same
Current Homeowner – Amount of Credit No Provision $6500($3250 married filing separate)
Effective Date – Current Owner No Provision Date of Enactment
Current Homeowner – Definition for Eligibility No Provision Must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years
Termination of Credit Purchases after Nov. 30,2009 (Becomes April 30,2010 on Date of Enactment) Purchases after April 30,2010
Binding Contract Rule None So long as a written binding contract to purchase is in effect on April 30,2010, the purchase will have until July 1,2010 to close.
Income Limits $75,000-Single$150,000-Married

Additional $20,000 phase out

 $125,000-Single$225,000-Married

Additional $20,000 phase out
Limitation on Cost of Purchased Home None $800,000Effective Date of Enactment
Purchase by a Dependent No Provision IneligibleEffective Date of Enactment
Anti-Fraud Rule None Purchaser must attach documentation of purchase to tax return

It is a great time to buy a home for three wonderful reasons:

  1. Interest Rates are at Historic Lows- The Fed has announced it will pull back on the purchase of mortgage-backed securities in March.  Experts believe that will drive interest rates to over 6 percent.
  2. Tax Credits if you buy now. Tax Credis are due to expire the first half of 2010.
  3. Great Selection! 

 

]]> http://summervillerealestate.wordpress.com/2009/11/09/8000-tax-credit-extended-expanded/feed/ 0 Summerville and Charleston Real Estate Halloween Events in Summerville http://summervillerealestate.wordpress.com/2009/10/29/halloween-events-in-summerville/ http://summervillerealestate.wordpress.com/2009/10/29/halloween-events-in-summerville/#comments Thu, 29 Oct 2009 17:56:48 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1067 ]]>

Halloween at Magnolia Plantation
When: October 29, 30 and 31, 6:00pm – 9:00pm
Where: Magnolia Plantation
Cost: $10 per carload up to six people

Come to Maganolia Plantation to enjoy popcorn, swamp juice, movie “swamp thing,” bonfire, marshmallow roast, nighttime train rides, cabin project tours and African-American/ Gullah folklore. Call (843) 571-1266 for more information.

Pumpkin Patch and Hayrides
When: October 30 – 31; opens at 9:00am 
Where: Knightsville United Methodist Church,
 1505 Central Ave. 
 
Knightsville United Methodist Church will hold its Annual Pumpkin Patch until Halloween. For information call 875-2117.

Trick or Treat at the Summerville Farmers Market
When: October 31, 8am – 1pm
Where: Doty Street near Town Square
 
Vendors will pass out candies at the Summerville Farmers Market “Trick or Treat.” The farmers market features fresh vegetables and fruits, jellies and jams, fresh local honey, handmade soap and dog biscuits, herbs, plants, baked goods, kettle corn, italian ice and sweet grass baskets. The market will continue through November 21.

Jack O’Lantern Jubilee and Family Fun Night
When: Saturday, October 30; 5:00pm 
Where: Downtown YMCA
 
The Downtown YMCA facility is open to the community. Enjoy Zumba, Wii games, pot luck dinner, costume contest, free Halloween pictures, pumpkin carving and more! For more details call (843) 871-9622 or visit www.summervilleYMCA.org

 

 

]]> http://summervillerealestate.wordpress.com/2009/10/29/halloween-events-in-summerville/feed/ 0 Summerville and Charleston Real Estate Free Small Cookie & Hot Chocolate at Barnes & Noble Tomorrow! http://summervillerealestate.wordpress.com/2009/10/23/free-small-cookie-hot-chocolate-at-barnes-noble-tomorrow/ http://summervillerealestate.wordpress.com/2009/10/23/free-small-cookie-hot-chocolate-at-barnes-noble-tomorrow/#comments Fri, 23 Oct 2009 18:22:18 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1061 ]]>

Every once in awhile I run across a fun freebie that I like to share with my clients and friends.  Use this  printable coupon to get a free small cookie and a kid’s sized hot chocolate at Barnes & Noble valid on 10/24/2009 only. (That’s TOMORROW!!)  -Scroll about half way down the page-

Fun date with your child or grandchild. I just noticed that they are doing storytime tomorrow as well. (Can you tell I am a Grandad? :) ) Here are The Barnes & Nobles near us in Charleston.

]]> http://summervillerealestate.wordpress.com/2009/10/23/free-small-cookie-hot-chocolate-at-barnes-noble-tomorrow/feed/ 1 Summerville and Charleston Real Estate October Best Buys of Summerville over $250,000 http://summervillerealestate.wordpress.com/2009/10/21/october-best-buys-of-october-over-250000/ http://summervillerealestate.wordpress.com/2009/10/21/october-best-buys-of-october-over-250000/#comments Wed, 21 Oct 2009 19:10:44 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1056 ]]>

Below, you will find the top buys in the Summerville, SC area listed above $250,000.

To see the best buys under $150,000, Click Here.

To see the Best buys between 150K-250K, Click Here

If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly.  These go fast. 

-Click on each address for more details on each listing.-

MLS Number Address City Price Square Feet Price/Sq.Ft.
2926170 131 Berwick Summerville     $279,990  3381 $82.81
2927511 5438 Rising Tide N. Charleston $267,000 3000 $89.00
2927553 5104 Cercial Court Summerville $269,900 3000 $89.97
2927037 5003 W Liberty Meadows Summerville $278,485 3013 $92.43
2926705 111 Catbriar Ct Summerville  $328,000 3543 $92.58
2927142 225 Stallsville Loop Summerville $279,000 3000 $93.00
2926410 5504 Indigo Fields N. Charleston $350,000 3700 $94.59
2926847 187 Carolinian Dr Summerville $277,900 2800 $99.25
2927416 724 Beverly Summerville $263,000 2608 $100.84
2926423 5258 Mulholland Summerville $299,000 2900 $103.10
2927203 433 Chemistry Cir Summerville $278,000 2685 $103.54
2926989 1049 Trotters Blvd Summerville $259,000 2350 $110.21
2926933 105 Old Postern Summerville $365,000 3309 $110.31
2926211 101 Squire Ct Summerville $340,000 2975 $114.29
2926253 109 Oolong Ln. Summerville $269,900 2800 $115.32
2927553 5104 Cercial Court Summerville $269,900 3000 $89.97
2927803 506 Fairington N. Charleston $284,950 2750 $103.62
2926516 128 Heart Pine Summerville $399,900 3800 $105.24
2927538 323 Amaryllis Summerville $329,900 3106 $106.21
2926352 5300 Mulholland Summerville  $274,900  2519  $109.13 

Foster@HomesofSummerville.com or call 1-843-974-6029.

]]> http://summervillerealestate.wordpress.com/2009/10/21/october-best-buys-of-october-over-250000/feed/ 0 Summerville and Charleston Real Estate More... October Best Buys of the Summerville Area between 150-250K http://summervillerealestate.wordpress.com/2009/10/20/october-best-buys-of-the-summerville-area-between-150-250k/ http://summervillerealestate.wordpress.com/2009/10/20/october-best-buys-of-the-summerville-area-between-150-250k/#comments Tue, 20 Oct 2009 19:37:26 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1052 ]]>

These are the top buys in the Summerville, SC area ranging from $150,000-$250,000.   To see the best buys under $150,000, Click Here. To see the best buys over$250,000, Click Here. Some of these are short sales, some foreclosures, some going to auction.  If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly.  These go fast. 

-Click on each address for more details on each listing.-

MLS Number Address City Price Square Feet Price/Sq.Ft.
2926948 1036 Waterside Landing Summerville $196,790 2641 $74.51
2926843 8105 Bankshire Trail N. Charleston $155,000 1992 $77.81
2927333 5209 Carlisle Ct Summerville $170,000 2150 $79.07
2926673 5555 Indigo Fields N. Charleston $214,900 2700 $79.59
2926638 6004 Snead Ln Summerville $211,000 2626 $80.35
2926345 3030 Ellington Summerville $212,500 2641 $80.46
2927747 111 Apache Summerville $150,000 1780 $84.27
2927042 4800 Newkirk St Ladson $199,490 2354 $84.75
2927064 1013 Bridlewood Farms Ridgeville $165,690 1926 $86.03
2926328 121 Garden Grove Summerville $170,000 1950 $87.18
2926966 1026 Waterside Landing Summerville $191,820 2182 $87.91
2927581 8623 Aurora N. Charleston $185,000 2050 $90.24
2927514 8478 Signal Island Summerville $213,000 2348 $90.72
2926210 9004 Hema Summerville $199,000 2160 $92.13
2927743 2003 Culloden Summerville $174,750 1855 $94.20
2927673 1016 Bridlewood Farms Ridgeville $169,500 1740 $97.41
2926142 112 Foxglove Summerville $179,900 1837 $97.93

Foster@HomesofSummerville.com or call 1-843-974-6029.

]]> http://summervillerealestate.wordpress.com/2009/10/20/october-best-buys-of-the-summerville-area-between-150-250k/feed/ 1 Summerville and Charleston Real Estate October Best Buys of the Summerville Area under 150K http://summervillerealestate.wordpress.com/2009/10/20/october-best-buys-of-the-summerville-area-under-150k/ http://summervillerealestate.wordpress.com/2009/10/20/october-best-buys-of-the-summerville-area-under-150k/#comments Tue, 20 Oct 2009 18:42:46 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1046 ]]>

These are the top buys in the Summerville, SC area listed under$150,000 that are currently active on the market..   (Best Buys over $150,000, Best Buys over $250,000)  Some of these are short sales, some foreclosures, some going to auction.  If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly.  These go fast. 

MLS Number Address City Price Square Feet Price/Sq.Ft.
2909848 209 Bramblewood Summerville     $87,900 2200 $39.95
2736066 193 Dorchester Manor Summerville $90,000 2000 $45.00
2923861 106 Kings Way Summerville $83,900 1750 $47.95
2911467 309 Regent St Summerville $76,800 1973 $38.93
2921665 108 Jackson Summerville $130,000 1735 $74.93
2925665 108 Sandlewood Summerville $69,900 1420 $49.23
2924025 100 Candlewood Summerville $119,000 2400 $49.58
2912588 8207 Quail Hollow Ct N. Charleston $85,410 1632 $52.33
2923096 170 Hummingbird Ln Summerville $119,000 2000 $59.50
2903669 106 Quail Drive Summerville $85,000 1375 $61.82
2924380 130 Heart Pine Circle Summerville $150,000 2350 $63.83
2921708 127 Dunbury Dr Summerville $124,900 1934 $64.58
2926184 102 Chestnut Oaks Summerville $109,900 1685 $65.22
2926514 102 Lionel Summerville $109,109 1650 $66.13
2924469 5 Claybourne Summerville $144,990 2146 $67.56
2907450  8735 Water Ash Way  N. Charleston  $106,830  1568  $68.13 
2915880 4819 Shady Tree Ln Summerville $110,000 1583 $69.49
2910713 9019 Maple Grove Dr Summerville $119,900 1708 $70.20
2915203 169 Sweet Alyssum Summerville $150,000 2114 $70.96
2925565 5079 Ballantine Dr Summerville $150,000 2099 $71.46
2924650 120 Lancer Drive Summerville $139,900 1852 $75.54
2921985 711 Hemingway Cir #10 Summerville $105,900 1395 $75.91
2924365 715 Hemingway Cir #12 Summerville $105,900 1395 $75.91
2924465 4 Claybourne Ct Summerville $137,900 1814 $76.06
2921517 161 Black River Summerville $119,900 1552 $77.26
2924156 128 Sawmill Dr Summerville $139,900 1806 $77.46
2927291 134 Destin St Summerville $130,000 1665 $78.08
2925346 9164 Maple Grove Summerville $125,000 1600 $78.13
2908779 207 N Palmetto Summerville $123,750 1673 $73.97
2914180 231 Grand Oaks #2303 Summerville $126,960 1685 $75.35
2832843 219 Grand Oaks #2202 Summerville $126,960 1685 $75.35

Foster@HomesofSummerville.com or call 1-843-974-6029.

]]> http://summervillerealestate.wordpress.com/2009/10/20/october-best-buys-of-the-summerville-area-under-150k/feed/ 2 Summerville and Charleston Real Estate Is the Recession Ending? http://summervillerealestate.wordpress.com/2009/10/13/is-the-recession-ending/ http://summervillerealestate.wordpress.com/2009/10/13/is-the-recession-ending/#comments Tue, 13 Oct 2009 19:05:37 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1037 ]]>

As 2009 moves into the fourth quarter, many are analyzing if we are moving out of the recession and where the state of the economy is now located.  I received an article from Edward Jones last week that made some good points that I thought I would share some of them with you.  Of course, I don’t agree with everything but their stats are interesting and do show that  positive movement in our economy has occurred and is continuing.

  1.  Economic Indicators are Positive.  Stock Market, measured by the S&P 500 had risen 50% from March lows.
  2. Global Economies are recovering.  The OECD (Organization for Economic Cooperation and Development) leading indicators for its 33 member countries recorded the largest increase since records begain in 1962.
  3. Federal Reserve’s Efforts to stablilize the Financial System are working.  Slashing interest rates and pumping trillions into the financial system restored money and corporate credit markets.  Corporate America has taken advantage of attractive rates, issuing more than 800 billion in new bonds during the first 7 months of 2009.
  4. Bank Lending is Increasing.  While standards are expected to reamin tight compared to historical standards, the improvement that has occurred should be enough to support economic recovery.
  5. Expectations for 2010 Economic Growth continue to improve.  Wall Street Journal surveyed economists and 80% said they believed the recession either had already ended or would by September.
  6. Manufacturing is on the Rebound.  The Fed said industrial production rose .8% in August comparted to july.  This was the largest back to back gain since 2005 and followed nine consecutive monthly declines.  European industrail orders increased 2.6% in July compared to June, the second consecutive increase.

(Points adapted and summarized from Edward Jones)

]]> http://summervillerealestate.wordpress.com/2009/10/13/is-the-recession-ending/feed/ 0 Summerville and Charleston Real Estate September Real Estate Wrap Up for Summerville & Charleston Area http://summervillerealestate.wordpress.com/2009/10/01/september-real-estate-wrap-up-for-summerville-charleston-area/ http://summervillerealestate.wordpress.com/2009/10/01/september-real-estate-wrap-up-for-summerville-charleston-area/#comments Thu, 01 Oct 2009 18:46:43 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1027 ]]>

Here is a wrap up of Charleston Real Estate sales activity for September. ( Previous Market Reports for Charleston SC & Summerville SC) 

Summerville: (More Info)

  • Houses Sold: 129
  • Average Sale Price: $167,857
  • Average Days on Market: 84
  • Average List Price: $172,995


Moncks Corner & Goose Creek: (More Info)

  • Houses Sold: 57
  • Average Sale Price: $148,419
  • Average Days on Market: 79
  • Average List Price: $150,911

Hanahan: (More Info)

  • Houses Sold: 12
  • Average Sale Price: $161,739
  • Average Days on Market: 95
  • Average List Price: $164,578

North Charleston: (More Info)

  • Houses Sold: 43
  • Average Sale Price: $127,678
  • Average Days on Market: 90
  • Average List Price: $133,575

Charleston (The Peninsula): (More Info)

  • Houses Sold: 12
  • Average Sale Price: $821,991
  • Average Days on Market: 144
  • Average List Price: $880,991

Mt. Pleasant: (More Info)

  • Houses Sold: 82
  • Average Sale Price: $352,753
  • Average Days on Market: 142
  • Average List Price: $379,068

 

To discuss selling your home or buying a new home please contact me at Foster@HomesofSummerville.com or www.HomesofSummerville.com.

]]> http://summervillerealestate.wordpress.com/2009/10/01/september-real-estate-wrap-up-for-summerville-charleston-area/feed/ 0 Summerville and Charleston Real Estate More... More... More... September Best Buys of the Summerville Area under 150K http://summervillerealestate.wordpress.com/2009/09/28/september-best-buys-of-the-summerville-area-under-150k/ http://summervillerealestate.wordpress.com/2009/09/28/september-best-buys-of-the-summerville-area-under-150k/#comments Mon, 28 Sep 2009 18:31:47 +0000 J. Foster Smith http://summervillerealestate.wordpress.com/?p=1018 ]]>

These are the top buys in the Summerville, SC area listed under$150,000 that are currently active on the market..   To see the best buys over $150,000, Click Here. To see the best buys over $250,000, Click Here. Some of these are short sales, some foreclosures, some going to auction.  If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly.  These go fast. 

MLS Number Address City Price Square Feet Price/Sq.Ft.
2912514 102 Doris Court Summerville     $49,800 1792 $27.79
2907623 212 Warington St Summerville $74,900 1866 $40.14
2918627 401 Twin Lakes Summerville $69,500 1694 $41.03
2911467 309 Regent St Summerville $86,400 1973 $43.79
2921665 108 Jackson Summerville $130,000 1735 $74.93
2924017 108 Roberta Dr Summerville $97,000 1960 $49.49
2924025 100 Candlewood Summerville $119,000 2400 $49.58
2912588 8207 Quail Hollow Ct N. Charleston $85,410 1632 $52.33
2919596 115 Canvaback Summerville $113,500 2100 $54.05
2815292 222 Barshay Summerville $89,000 1600 $55.63
2921492 198 Tupalo Summerville $85,000 1501 $56.63
2923096 170 Hummingbird Summerville $119,000 2000 $59.50
2723298 113 Malori Summerville $125,000 2027 $61.67
2909484 110 Pamela Summerville $64,900 1050 $61.81
2925218 2037 Azalee Summerville $132,000 2097 $62.95
           
2907582 216 Bramblewood Summerville $125,000 1950 $64.10
2918813 114 Cedar Grove N. Charleston $125,000 1940 $64.43
2921708 127 Dunbury Summerville $124,900 1934 $64.58
2917383 110 Beverly Dr Summerville $103,700 1600 $64.81
2925415 107 Rosario Summerville $139,000 2096 $66.32
2908779 821 W 3rd St Summerville $59,900 900 $66.56
2921914 110 Pintail Summerville $135,000 2026 $66.63
2910713 9019 Maple Grove Summerville $120,000 1708 $70.26

Foster@HomesofSummerville.com or call 1-843-974-6029.

]]> http://summervillerealestate.wordpress.com/2009/09/28/september-best-buys-of-the-summerville-area-under-150k/feed/ 0 Summerville and Charleston Real Estate