Charter One Realty Blog - Paige Rose

Charter One Realty Recognized within the top 500 Brokerages in the U.S.

REALTRENDS 500 REPORT RANKS NATION'S LARGEST REAL ESTATE FIRMS 

Castle Rock, Colorado — March 2021. On March 25, 2021, RealTrends released its 2021 RealTrends 500, an independently verified compilation of the nation’s leading residential real estate companies. RealTrends, the trusted source for news and research about the real estate brokerage industry, has been ranking brokerages for more than 33 years and is the most-trusted brokerage ranking report in the industry.

Over 1,750 firms qualified for this year’s RealTrends 500. According to a research report produced by RealTrends, the 500 largest residential real estate brokerage firms in the nation closed over 3.9 million residential sales transactions in 2020. These transactions were valued at…

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Signature Sales March 2021 - Charter One Realty

Charter One Realty's consistent investments on behalf of Buyers, Sellers, and Communities for over three decades pays dividends for our clients. Like the international luxury brands, Charter One Realty employs world-class marketing with a global reach. 

But one need only look at actual sales in the area’s luxury communities, and at the area’s $1,000,000+ transactions to understand that Charter One Realty is the Lowcountry’s Leading Luxury Brand.

ADDITIONAL SALES

  31 S Beach Lagoon Drive | Sea Pines | $8,000,000
79 Mount Pelia Road | Palmetto Bluff | $5,400,000
26 Green Heron Rd* | Sea Pines | $4,800,000
14 Anson Park Road E | Palmetto Bluff | $3,875,000
29 Camp Eight Road | Palmetto Bluff | $3,725,000
6 Terra Bella Trace | Hilton…

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What It Means To Be in a Sellers’ Market in the Lowcountry

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase.

The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at the current sales pace.

Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers (See graph below):

When the supply of houses for sale is as low as it is right now, it’s…

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Buyer & Seller Perks in the Lowcountry's Housing Market

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.

The Biggest Perk for Buyers: Low Mortgage Rates

 Today’s most compelling buyer incentive is low mortgage interest rates. The 30-year fixed-rate is now averaging just over 3%. While that’s slightly higher than the record-lows from 2020 and earlier this year, it’s still way lower than historic norms, making purchasing a home an ongoing perk for hopeful buyers (See graph below):

This is a huge…

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The 12 Best Things To Do In Beaufort

If you are looking for things to do in Beaufort, you are definitely in the right place. It’s hard to go wrong when visiting this charming town located right on the water. Picturesque naturescapes and centuries of history make this hidden gem a growing attraction to out-of-towners who previously only visited Hilton Head when in this area.

It’s no secret the Lowcountry is known for outdoor activities. Downtown Beaufort and surrounding areas offer a plethora of options, from admiring the many waterways, taking a boat out for another point of view, exploring nature trails and parks, visiting the gorgeous beaches, and endless golfing - there is much to do.

We used the inspiration of budding Spring weather to curate this list for you. It’s the ideal time…

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What Is the Strongest Tailwind to Today’s Recovering Economy?

Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade.

Then came the announcement on March 11, 2020, from the World Health Organization declaring COVID-19 a worldwide pandemic. Two days later, the White House declared it a national emergency. Businesses and schools were forced to close, shelter-in-place mandates were enacted, and the economy came to a screeching halt. As a result, unemployment in this country skyrocketed to 14.9%.

A year later, the economy is recovering, and the U.S. has regained more than half of the jobs that were originally lost. However, some businesses are…

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To Renovate or Not To Renovate Before You Sell

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind if you’re thinking of selling this season.

1. There aren’t enough homes for sale right now.

A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark. According to the National Association of Realtors (NAR), there’s only a 1.9-month supply of homes available today. As a result, buyer competition is high and homes are only on the market for about 21 days, during…

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What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for some, many buyers may be surprised by the options that are still available for borrowers with lower credit scores.

The fact that the average American has seen their credit score go up in recent years is a great sign of financial health. As someone’s score rises, they’re building toward a stronger financial future. As more Americans with strong credit enter the housing market, we see a natural increase in the…

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Signature Sales January and February 2021 - Charter One Realty

Charter One Realty's consistent investments on behalf of Buyers, Sellers, and Communities for over three decades pays dividends for our clients. Like the international luxury brands, Charter One Realty employs world-class marketing with a global reach. 

But one need only look at actual sales in the area’s luxury communities, and at the area’s $1,000,000+ transactions to understand that Charter One Realty is the Lowcountry’s Leading Luxury Brand.

ADDITIONAL SALES

3 Cobalt Lane* | Palmetto Bluff | $1,650,000

24 Boat House Street | Palmetto Bluff | $1,815,000

346 Bamberg Drive* | Belfair | $1,450,000

1 Ribaut Drive | Hilton Head Plantation | $1,537,500

26 Hampton Lane | Colleton River | $1,525,000

14 Amethyst Lane | Palmetto…

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Dream Living Room Designs

Raise your hand if you are ready for some new decor! If you are thinking about refreshing your home, a great place to start is in your main living room. Minor changes can go a long way in turning your current space into your dream living room.

The change of season has sparked our inner “interior design senses” and we’ve been dreaming of redecorating. If it feels like the perfect time to switch things up, you’re in the right place.

In today’s article, we will cover dream living room designs for a variety of aesthetics. Whether you are sprucing up your current room with a few new pieces, or donating the whole room and starting from scratch, we have plenty of inspirational ideas for you!

So, what makes a dream living room design really come to life?…

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