Charleston SC Real Estate Blog: July 2011 Newsletter

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends JULY – 2011 Newsletter http://carolinajoe.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:

http://carolinajoe.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours,

Carolina Joe Idleman
AgentOwned Realty Charleston Group
902 Savannah Highway Charleston SC 29407 843-557-9203 joe@carolinajoe.com
 

May 2011 Charleston Metro Monthly Housing Indicators

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

May 2011 Charleston Metro Monthly Housing Indicators

Homeownership is about painting a room fluorescent fuchsia without asking anyone's permission. The recent market challenges have forced some homeowners to become begrudging renters or unintentional landlords. For the nation as a whole, the National Association of REALTORS® reports that the homeownership rate has shifted from 69.0 percent in 2005 to 66.5 percent so far in 2011. While that's not a tectonic shift, let's see what other indicators reveal since that first fateful month after the 2010 tax credit.

New Listings in the Charleston region decreased 73.3 percent to 449. Pending Sales were down 45.8 percent to 362. Inventory levels shrank 15.3 percent to 8,764 units, but there are still plenty of great choices out there.

Prices gained some traction. The Median Sales Price increased 2.7 percent to $189,950. Days on Market increased 15.2 percent to 126 days. Consumers were absorbing homes more quickly as Months Supply of Inventory was down 6.7 percent to 11.8 months. Affordability also improved.

Nationally, the interest rate dropped to 4.88 percent on a 30-year fixed conventional while the unemployment rate snuck up to 9.1 percent in May. The economy added 54,000 jobs, which was far less than April and insufficient to curb unemployment. As recovery goes, so goes positive trends. Some metrics should continue to show favorable movement, but stronger job growth is needed to fuel housing demand and reinforce consumer confidence.

See additional information here.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com 
 

June 2011 National Housing Trends

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends JUNE -2011 Newsletter:
http://carolinajoe.housingtrendsenewsletter.com?Newsletter_ID=273&Period_ID=380

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is also filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, housing market video reports, blogs, real estate glossary, maps, mortgage rates and calculators, consumer articles, community reports that map shopping, schools, recreation and more.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
http://carolinajoe.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours,

Carolina Joe Idleman
AgentOwned Realty Charleston Group
902 Savannah Highway Charleston SC 29407
843-557-9203
joe@carolinajoe.com

 

May 2011 National Housing Trends

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

May 2011 National Housing Trends

Housing Trends Update is published monthly and is available only to real estate agents who are part of the Campbell/Inside Mortgage Finance monthly survey panel.  You can read the May 2011 National Housing Trends report here.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

April 2011 Colleton County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

April 2011 Colleton County Housing Market Statistics

Here are the housing market statistics for Colleton County.
.
As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

April 2011 Dorchester County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

April 2011 Dorchester County Housing Market Statistics

Here are the housing market statistics for Dorchester County.  Additionally the housing market statistics are broken down further into the following local areas:  Dorchester Road, Greater Summerville, and Saint George – Rural Dorchester County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

April 2011 Berkeley County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

April 2011 Berkeley County Housing Market Statistics

Here are the housing market statistics for Berkeley County.  Additionally the housing market statistics are broken further down into the following local areas: Daniel Island, Goose Creek and Moncks Corner, Hanahan, and Rural Berkeley County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com 
 

April 2011 Charleston County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic,golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of yourCharleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

April 2011 Charleston County Housing Market Statistics

Here are the housing market statistics for Charleston County.  Additionally the housing market statistics are broken further down into the following local areas: Downtown Charleston, Charleston above the Crosstown, West Ashley, Mount Pleasant South the Isle of Palms Connector, Mount Pleasant North of the Isle of Palms Connector, Wando – Cainhoy, Sullivan’s Island, Isle of Palms, James Island, Folly Beach, Johns Island, Kiawah – Seabrook, Hollywood – Ravenel, Edisto Island, and North Charleston.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

March 2011 Colleton County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

March 2011 Colleton County Housing Market Statistics

Here are the housing market statistics for Colleton County.
.
As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

March 2011 Dorchester County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

March 2011 Dorchester County Housing Market Statistics

Here are the housing market statistics for Dorchester County.  Additionally the housing market statistics are broken down further into the following local areas:  Dorchester Road, Greater Summerville, and Saint George – Rural Dorchester County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

March 2011 Berkeley County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

March 2011 Berkeley County Housing Market Statistics

Here are the housing market statistics for Berkeley County.  Additionally the housing market statistics are broken further down into the following local areas: Daniel Island, Goose Creek and Moncks Corner, Hanahan, and Rural Berkeley County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com 
 

March 2011 Charleston County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic,golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of yourCharleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

March 2011 Charleston County Housing Market Statistics

Here are the housing market statistics for Charleston County.  Additionally the housing market statistics are broken further down into the following local areas: Downtown Charleston, Charleston above the Crosstown, West Ashley, Mount Pleasant South the Isle of Palms Connector, Mount Pleasant North of the Isle of Palms Connector, Wando – Cainhoy, Sullivan’s Island, Isle of Palms, James Island, Folly Beach, Johns Island, Kiawah – Seabrook, Hollywood – Ravenel, Edisto Island, and North Charleston.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

February 2011 Colleton County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 Colleton County Housing Market Statistics

Here are the housing market statistics for Colleton County.
.
As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

February 2011 Dorchester County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 Dorchester County Housing Market Statistics

Here are the housing market statistics for Dorchester County.  Additionally the housing market statistics are broken down further into the following local areas:  Dorchester Road, Greater Summerville, and Saint George – Rural Dorchester County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

February 2011 Berkeley County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 Berkeley County Housing Market Statistics

Here are the housing market statistics for Berkeley County.  Additionally the housing market statistics are broken further down into the following local areas: Daniel Island, Goose Creek and Moncks Corner, Hanahan, and Rural Berkeley County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com 
 

February 2011 Charleston County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic,golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of yourCharleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 Charleston County Housing Market Statistics

Here are the housing market statistics for Charleston County.  Additionally the housing market statistics are broken further down into the following local areas: Downtown Charleston, Charleston above the Crosstown, West Ashley, Mount Pleasant South of Highway 41, Mount Pleasant North of Highway 41, Wando – Cainhoy, Sullivan’s Island, Isle of Palms, James Island, Folly Beach, Johns Island, Kiawah – Seabrook, Hollywood – Ravenel, Edisto Island, and North Charleston.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

February 2011 Charleston Monthly Housing Indicators

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 Charleston Monthly Housing Indicators

Market activity may appear to be low in year-over-year comparisons due to the 2010 tax credit. We knew this was coming. Several other themes warrant attention before we dig into the numbers. First, we've had several months in a
row of private job growth. Second, interest rates, in concert with food and energy costs, are rising. Third, the anticipation of rising rates often motivates buyers.  A recovery looms. Now, let's take a look at those numbers.

New Listings in the Charleston region decreased 17.3 percent from last February to 1,451 new homes. Meanwhile, Pending Sales increased 12.3 percent to arrive at 841 contracts written. This meant inventory levels decreased 15.7 percent from last year to reach 8,470 active listings.

Prices slid a bit – the February Median Sales Price of $166,500 decreased 7.5 percent. Negotiations moved toward buyers as Percent of Original List Price Received at Sale decreased 1.9 percent to 88.3 percent. The absorption rate
decreased 18.9 percent as Months Supply of Inventory checked in at 11.1 months.

The national average interest rate was 5.23 percent on a 30-year fixed. The U.S. government would like to play second fiddle to the private sector in the mortgage market. Shifting the risk burden makes fiscal sense but could threaten an already fragile recovery. The Center for Responsible Lending states that it would take 14 years for the typical American family to save enough money for a 20 percent down payment, based on national average home prices.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

 

February 2011 Charleston Housing Supply Outlook

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 Charleston Housing Supply Outlook

In the Charleston Trident region, the price range with the strongest sales activity was the $100,000 and Below range, where sales were up 38.6 percent over the last 12 months.

Sales were weakest in the $150,001 to $200,000 range, where sales were down 13.4 percent versus last year.  Inventory in the region has fallen 15.6 percent, led mostly by a decline in condo inventory.

Median Sales Price was up the most in the single-family segment with a 2.7 percent gain to $194,990, while prices were down 4.0 percent for condos to $144,000.

The price range with the longest Days on Market Until Sale was the $350,001 and Above range, where the average market time was 184 days. The range with the shortest market time was among homes in the $100,001 to $150,000 price range, where it’s taking a shorter 91 days for a home to sell, on average.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com
 

Residential Real Estate Sales Stable, Foreclosures Continue To Impact Prices

 The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

Residential Real Estate Sales Stable, Foreclosures Continue To Impact Prices


According to preliminary data released by the Charleston Trident Association of REALTORS® (CTAR) 557 homes sold at a median price of $163,500 in February.  Preliminary figures for February 2010 showed 509 homes sold at a median price of $179,900—revised data for February 2010 reflects 561 sales at a median price of $180,000.

The most active price range in February was $160,000-$179,999.  Last February, the most active range was $200,000-249,999, when many homeowners were taking advantage of move-up opportunities provided by the homebuyer tax credit.

"As we forecasted, prices have softened in the early months of this year as a result of the foreclosure inventory.  Over the next 12 months or so, we’ll continue to work our way through this inventory and see prices begin to move forward" said 2011 CTAR President Rob Woodul.

According to figures released by RealtyTrac, more than 250,000 properties received at least one foreclosure-related notice in February, down 14% from January and down 27% from the same month last year.  While the number of homes across the country receiving a foreclosure-related notice has fallen to a 36-month low, it’s likely an artificial dip as many lenders have significantly slowed their foreclosure processes due to increased scrutiny over how lenders are handling the repossessions. 

RealtyTrac data currently shows an estimated 23,406 foreclosed homes in South Carolina and an average sale price of $111,503 for foreclosed homes statewide.

Woodul cites job growth and overall economic stability as the necessary catalysts for people to jump back into the real estate market.  "It's not a question of demand for housing; it's a question of confidence and capability.  As they should, people need to feel secure in their job and financial situation before making what will likely be the largest purchase of their lives" said Woodul.

Nationally, unemployment has declined to a nearly 2-year low of 8.9% but South Carolina's jobless rate still remains ahead of that curve, at 10.5%.  The Charleston region saw a considerable improvement in its jobless rate, falling to 8.4 % from 9%.  "We will not see a true recovery of the housing market until we have steady and solid job growth" said Woodul.

There were 8,470 homes listed as actively for sale with the Charleston Trident Multiple Listing Service as of February 28, 2011.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com
 

February 2011 National Housing Trends

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

February 2011 National Housing Trends

Housing Trends Update is published monthly and is available only to real estate agents who are part of the Campbell/Inside Mortgage Finance monthly survey panel.  You can read the February 2011 National Housing Trends report here.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

January 2011 Colleton County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

January 2011 Colleton County Housing Market Statistics

Here are the housing market statistics for Colleton County.
.
As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

January 2011 Dorchester County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

January 2011 Dorchester County Housing Market Statistics

Here are the housing market statistics for Dorchester County.  Additionally the housing market statistics are broken down further into the following local areas:  Dorchester Road, Greater Summerville, and Saint George – Rural Dorchester County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

FEBRUARY-2011 Housing Trends Newsletter by Carolina Joe Idleman

FEBRUARY-2011 Housing Trends Newsletter by Carolina Joe Idleman

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends FEBRUARY-2011 Newsletter http://carolinajoe.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:

http://carolinajoe.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours,

Carolina Joe Idleman AgentOwned Realty Charleston Group 159 Bluebill Court Johns Island SC 29455 843-557-9203 joe@carolinajoe.com
 

January 2011 Charleston County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic,golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of yourCharleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

January 2011 Charleston County Housing Market Statistics

Here are the housing market statistics for Charleston County.  Additionally the housing market statistics are broken further down into the following local areas: Downtown Charleston, Charleston above the Crosstown, West Ashley, Mount Pleasant South of Highway 41, Mount Pleasant North of Highway 41, Wando – Cainhoy, Sullivan’s Island, Isle of Palms, James Island, Folly Beach, Johns Island, Kiawah – Seabrook, Hollywood – Ravenel, Edisto Island, and North Charleston.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com

January 2011 Berkeley County Housing Market Statistics

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

January 2011 Berkeley County Housing Market Statistics

Here are the housing market statistics for Berkeley County.  Additionally the housing market statistics are broken further down into the following local areas: Daniel Island, Goose Creek and Moncks Corner, Hanahan, and Rural Berkeley County.

As always, your thoughts, questions, or comments are greatly appreciated.

Let me know if I can help with any of your Charleston SC Real Estate needs or questions.

See Charleston SC Real Estate Blog for local attractions and current Charleston events.

Look at Charleston SC Real Estate homes anywhere in the tri-county area.

View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210 

Sincerely,

"Carolina Joe" Idleman
http://www.carolinajoe.com