In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s current low rates before they rise.

Sell and Move Up (or Downsize)

Many of today’s homeowners are rethinking what they need in a home and redefining what their dream home means. For some, continued remote work is bringing about the need for additional space. For others, moving to a lower cost-of-living area or downsizing may be great options. If you’re considering either of these, there may not be a…

645 Views, 0 Comments

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. As an example of the difference between today and 2006, let’s look at the volume of mortgages that originated when a…

368 Views, 0 Comments

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs.

Working from Home Isn’t a Passing Fad

Before the pandemic, only 21% of individuals worked from home. However, if you’ve recently discovered remote work is your new normal, you’re not alone.

A survey of hiring managers conducted by Statista and Upwork projects 37.5% of U.S. workers will work remotely in some capacity over the next 5 years (see chart below):

Remote Work

Working from Home Gives You More Flexibility and More Options

If you fall in that category, working from home may…

339 Views, 0 Comments

Key Trends in Real Estate

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market.

A Shortage of Homes for Sale

Earlier this year, the number of homes available for sale fell to an all-time low. In recent months, however, inventory levels are starting to trend up. The latest Monthly Housing Market Trends Report from says:

“In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June…

287 Views, 0 Comments

If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market.

Technology Acceleration and Innovation

The past year ushered in many changes to the real estate industry, especially when it comes to technology. The CRE report elaborates on this:

Lockdown-driven changes in our work, in the economy, in social structures, and in our personal behavior have pushed our reluctance aside. The acceleration and adoption of technology during the pandemic has impacted everything, and real estate is no…

484 Views, 0 Comments

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers. But as life begins to return to normal, you may be wondering if that’s something that will change.

While it may be tempting to blame the pandemic for the current inventory shortage, the pandemic can’t take all the credit. While it did make some sellers hold off on listing their houses over the past year, the truth is the low supply of homes was years in the making. Let’s take a look at the root cause and what the future holds to…

380 Views, 0 Comments

If you are in the market for home construction in the Lowcountry, you are certainly not alone. Chances are you’re looking at a variety of Bluffton home builders and Hilton Head home builders, and perhaps some national names too. 

Designing your dream home is an exciting process. With so many choices to make during your build, it is important to select a builder that fits your needs both from a design and functional perspective. So many of the builders here are locally grown companies; simply meeting and getting to know each one will help you know who feels like the right fit for your project.

Some of our favorite builders include (in alphabetical order):

Coastal Signature Homes

H2 Builders

Kendrick Construction

Randy Jeffcoat Builders

374 Views, 0 Comments

Get ready for new summer adventures! Looking to squeeze in a few more getaways before summer ends? Choose from our list of short day trips from Hilton Head and explore our gorgeous and easy-to-reach surroundings. We selected a few towns close enough to Hilton Head that ensure you can get there and back in a single day without feeling exhausted.

We love the Lowcountry and we are very grateful that so much of it can be explored by a quick car trip. What’s not to love about a road trip under three hours? Mini-road trips pack all the fun in, with none of the “are we there yet” vibes no one likes.

If you are ready to expand your summer exploration horizons without needing a flight, check out what’s going on in the greater Lowcountry area and be tucked…

707 Views, 0 Comments

Charter One Realty National Rankings

The RISMedia 2021 Power Broker Report and the Swanepoel Mega 1000 announce the nation's top producing brokerages based on sales volume and transaction sides. Both reports list Charter One Realty as one of the top brokerages, placing the firm in the top 1% of all brokerages nationwide. These rankings follow the REAL Trends Five Hundred rankings, where Charter one Realty ranked in the top 500 brokerages nationwide.

The largest part of the residential real estate brokerage industry is still populated with small, localized brokerage companies, according to the National Association of Realtors' 2019 Profile of Real Estate Firms. Given the plethora of small brokerages, the bigger players included in the Mega 1000 stand out. Although the Mega 1000…

473 Views, 0 Comments

There are so many Lowcountry summer activities for every age in and around our beautiful, unique region. From Savannah to Charleston, the Lowcountry offers naturescapes and activities unlike anywhere else in the country.

This year, the Lowcountry summer activities are back in full force and we have gathered plenty that you’ll want to check off your list. 

Events are back and plentiful! Most highlight the outdoors and the beautiful scenery of the lowcountry. Pack the car, load up the kids, and head to the nearest festival or celebration in town—we have you covered on where to go!

There is something special about summer in our area, with locals and tourists both enjoying the water and outdoor activities together in the sunshine. If you’re a local…

493 Views, 0 Comments