Charter One Realty Tops Coastal Lowcountry Real Estate Rankings

Charter One Realty Company Photo


HILTON HEAD ISLAND, S.C. (November 30, 2023) – According to a recent Hilton Head Island Multiple Listing Service (MLS) ranking report, Charter One Realty once again claimed top honors for brokerage and REALTOR performance across key metrics.

Out of over 2,400 real estate professionals in the Hilton Head Island MLS, Charter One Realty has more agents ranking in the top 1% for sales volume and transactions than any other brokerage in the area.This distinction highlights Charter One Realty's dominance at the pinnacle of Lowcountry real estate, with more top producers driving sales volume than competitors.

Year-to-date, Charter One agents have brokered over $1.5 billion in property…

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Freedom Parkway Industrial Park Commences Development with Groundbreaking Ceremony


Freedom Industrial Park

Hardeeville, South Carolina -November 16, 2023 – The groundbreaking ceremony for Freedom Industrial Park was held yesterday, November 15, 2023. The event brought together distinguished figures, including developers, town and County officials, and the SouthernCarolina Alliance, to mark the inception of this transformative project.

Freedom Industrial Park is set to revolutionize the landscape with six buildings encompassing a total area of 213,600 square feet and ranging in size from 25,000 to 46,000 square feet. The groundbreaking of buildings 1, 2, and 3 represent significant strides toward economic growth and job creation in Hardeeville and Jasper County.

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Get in the Holiday Spirit with Upcoming Events in the Coastal Lowcountry

The holiday season is nearly here, and there are tons of festive happenings in Hilton Head, Bluffton, and Savannah to get you in the spirit. Here are some of the can't-miss events coming up in December:

Happening this month in Beaufort, SC

Beaufort Night on the Town

Friday, December 1st. This long-standing tradition kicks off the Christmas and holiday shopping season on the first weekend of December. Beaufort Night on the Town offers surprises around every corner with shops open late, carolers, tasty treats, and holiday cheer. Highlights include the tree lighting ceremony, Parris Island Marine Corps Band performances, visits with Santa, and getting a head start on unique…

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MARKET UPDATE - October 2023

U.S. sales of existing homes recently fell to a 13-year low, dropping 2.0% month-over-month and 15.4% year-over-year as of the last measure, according to the National Association of REALTORS® (NAR), as surging interest rates and elevated sales prices continue to make homeownership unaffordable for many prospective buyers.

Days on Market increased 10.7 percent to 145 days. Months Supply of Inventory was up 42.9 percent to 3.0 months. Total housing inventory going into October was at 1.13 million units, up 2.7% from the previous month but down 8.1% compared to the same time last year, for a 3.4 months’ supply at the current sales pace, according to NAR. The shortage of homes for sale is making it harder for buyers to find…

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Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?




This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their listing until the new year.

But the truth is, many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. As an article from Fortune Builders explains:

“ . . . while a majority of people take a step back from the real estate market during the holiday months, you may find when the temperature drops, your potential for a great real estate deal starts to rise.”

To help prove that point, here are four reasons you shouldn’t wait to…

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People Are Still Moving, Even with Today’s Affordability Challenges




If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability situation stacks up to recent years.

 


The National Association of Realtors (NAR) explains how to read the values on the graph:

“To interpret the indices, a value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home.”

The black dotted line represents that 100 value on the index. Essentially, the higher…

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These Top Cities Show Home Prices Are Still Climbing




If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know.

There’s still a lot of confusion and misinformation out there. So, no matter what you may have heard, the national data shows they've actually been climbing again (see graphs below):

 


As you can see, in the first half of 2022, home prices went way up. Those increases were dramatic and unsustainable. So, in the second half of 2022, prices adjusted. Those dips were small and didn't last very long. Still, the news made a big deal about these slight declines, which may have made…

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The Latest 2024 Housing Market Forecast




The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what's ahead for the housing market. Spoiler alert: the projections may be better than you think. Here’s why.

Experts Forecast Ongoing Home Price Appreciation

Take a look at the latest home price forecasts from Fannie Mae, the Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR):

 


As you can see in the orange bars on the left, on average, experts forecast prices will end this year up about 2.8% overall, and increase by another 1.5%…

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Life-Changing Events That Move the Housing Market




Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events, there is one common thread—the need to move.

Reasons People Still Need To Move Today

According to the National Association of Realtors (NAR) there have been a lot of this type of milestone or life change over the last two years (see graph below):

 


And, these big life changes are going to continue to impact people moving forward, even with…

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VA Loans Help Heroes Achieve Homeownership [INFOGRAPHIC]




Some Highlights

  • VA home loans can help people who served our country become homeowners.
  • These loans can help qualified individuals purchase a VA-approved home or condo, build a new home, or enhance their current one.
  • Owning a home is the American Dream, and one way to show our appreciation to veterans is by providing them with important information about the advantages of VA home loans.

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