Charter One Realty Blog - November, 2020

Lowcountry Strong: Things We are Thankful for in the Lowcountry

It has been a tough year, but our community is undeniably Lowcountry strong. We have come together through the highs and lows throughout the years, and 2020 has shown us how the community supports one another during the most uncertain of times. 

As we reflect during the Thanksgiving holiday, we are sharing our appreciation for something everyone in our community loves: our unique and beautiful naturescape. Those of us lucky enough to call the Lowcountry “home” have the priceless ability to maintain our deep connection to nature, even during a worldwide pandemic. With limitless access to secluded outdoor spaces, we’re feeling especially grateful for the beach days, picturesque marshlands, and endless walking and biking trails. 

This year, we slowed…

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October Real Estate Update for the Hilton Head Region

Hilton Head Real Estate Update | October 2020

October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue to fall.

New Listings were up 5.5 percent to 711. Pending Sales increased 55.8 percent to 712. Inventory shrank 41.9 percent to 1,316 units.

Prices moved higher as Median Sales Price was up 10.7 percent to $395,000. Days on Market decreased 2.7 percent to 142 days. Months Supply of Inventory was down 53.1 percent to 2.3 months, indicating that demand increased relative to…

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Lowcountry Real Estate Market Report - October 2020

Hilton Head Area Real Estate Market Report

Housing Supply Outlook - October 2020

Interest rates set new record lows again in October, and are helping to maintain buyer purchasing power in the face of rising home prices driven by multiple offers across many segments of the market. While seller activity in some segments has improved, available inventory remains tight in many areas. For the 12-month period spanning November 2019 through October 2020, Pending Sales in the Hilton Head region were up 24.2 percent overall. The price range with the largest gain in sales was the $650,001 and above range, where they increased 81.6 percent.

The overall Median Sales Price was up 9.7 percent to $356,500. The property type with the largest price gain was the…

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Meet the Agent: Doug Delaney

After 23 years of serving Beaufort and Jasper County as a tax and financial planning attorney, Doug Delaney embarked on a new journey as a licensed REALTOR® with Charter One Realty. He continues his passion for assisting clients by making family dreams come true and sound real estate investments.

Doug brings his clients the benefit of his years of legal experience, financial savvy, and local knowledge. He is well-known for his caring, compassion, and responsiveness, as well as his expertise and fierce loyalty to his clients. After years of raising his family in the Beaufort County school system, he has intimate knowledge of this community, its schools, and gated communities.

Charter One Realty: When did you know that you wanted to pursue a career in…

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Why Working from Home May Spark Your Next Move

If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond.

While the pandemic continues, Americans are re-evaluating their homes, floorplans, locations, needs, and more. Some need more space, while others need less. Whether you’re renting or own your home, if remote work is part of your future, you may be thinking about moving,  especially while today’s mortgage rates are so low.

A recent study from Upwork notes:

Anywhere from 14 to 23 million Americans are planning to move as a result of…

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Homes for Sale in the Lowcountry are Rapidly Disappearing

Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained:

“While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories combined with high demand due to record-low mortgage rates is sending buyers to the market in a flurry.”

However, one challenge for the housing industry heading into this winter is the dwindling number of homes available for sale. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), recently said:

“There is no shortage of hopeful, potential buyers, but inventory is historically low.”

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How to Support Local Businesses on Black Friday

It has been a rough, interesting year for the Lowcountry's local shops (to say the least) and the rest of the world, but the holiday season is here! With Shop Small Saturday around the corner, we are looking for every possible opportunity to support our local businesses.

Even though we cannot gather in large groups like we normally would, we can still celebrate with our close family accordingly! That includes shopping for loved ones, making delicious food, and playing our favorite games with holiday music playing in the background. 

In an effort to spread the holiday cheer, make sure to include your community this season! It can be as easy as stopping by local the nursery for a poinsettia, shopping at the farmer’s market for your holiday meals, and…

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Bathroom Remodels We Love

They say Spring is the time of year most folks get an itch to remodel, but the truth is, freshening your space is ALWAYS in. Why not gift yourself a bit early this year with the bathroom remodel you’ve been wishing for? If you’re looking for some inspiration to design a master bath oasis, look no further. 

This article features some bathroom remodels done by local contractors because the talent and design of our Lowcountry professionals never cease to amaze us! Simply click on the links below the photos to visit their websites and see more of their work.

There is no doubt that money spent during a remodel goes a long way in the bathroom--it’s because buyers want a calming and comfortable place to shower off and feel good. We’re here to help you…

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Charter One Realty Voted Best Real Estate Company

We want to thank the community once again for naming Charter One Realty as the area's "Best Real Estate Company" for several years in a row. This recognition wouldn't be possible without your support! Many thanks to all who participated and cast their vote for us.

The agents at Charter One Realty are proud to call the Lowcountry home. Our Charter One Realty Agents live in the Lowcountry, raise their families here, work in our communities, and give back to those in need right here. Why is this important? We are proud to call our communities home and are dedicated to making the Lowcountry the very best that it can be.

Our dedication to the community and our clients has led us to be the #1 brokerage in the Lowcountry, conducting more business than…

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This Winter's Home-Selling Season May Be Hotter Than Ever

Historically, real estate activity in the Lowcountry slows during the winter months. Between the cold weather and the holidays, the housing market typically goes into a hibernation of sorts, with both buyers and sellers shelving any major real estate moves until spring.

However, this winter's real estate market is shaping up to be unlike any other before it. Contrary to what some may have feared, the fall and winter are slated to be an excellent time to sell a home. In fact, Lawrence Yun, chief economist at the National Association of Realtors, predicts "it will be one of the best winter sales years ever."

What's driving these predictions for a strong winter market? Chalk it up to a perfect storm of low mortgage interest rates, sparse housing…

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