The sellers of 2606 Palm Blvd have reduced the price of their property to $2,995,000!  This is one of the wider lots, at 75×600 feet.  The existing home was constructed in 1950, and it would make a great restoration project if you’re looking for an authentic beach cottage.  If not, you’ll have plenty of space […]

Buyers Want Flexibility Over Bigger Rooms
Smaller, versatile space space is trumping huge square footage among home buyers, according to the findings of at least one major home builder.
Designers at Beazer Homes are eliminating long hallways to open up plans. They also are scaling back master bedrooms.
“We found some masters were getting deeper, so the […]

Forbes: Where Home Values Are Falling Fast
As the U.S. government struggles to devise ways to keep struggling homeowners out of foreclosure, there are some parts of the country where the problem is much worse than others.
Forbes magazine used data from Zillow.com to identify cities where homeowners are losing value fastest. Cities like Sacramento, Calif., Phoenix, […]

Thanks to those of you that stopped by 3607 Hartnett Blvd yesterday.  Open houses are a great way to view homes of possible interest- there’s no obligation, no pressure and you get to see what a home looks like on the inside before ever calling a realtor.
It can be time consuming however, to go from […]

Happy Halloween!  The Isle of Palms carnival will take place tomorrow, Oct.31st, at the Rec Department from 5pm until 7pm.  Remember that little ghosts and goblins will be walking or being carted (on golf carts) around  our neighborhoods tomorrow night, so drive carefully and watch out for them!

This question was posed to one of the writers at the Wall Street Journal, Real Estate section.  Keep reading for June Fletcher’s response:
Q: Given what’s happening in the financial markets, is now a good time to buy a home?
A: For some people, yes. If you…

have access to credit
have fat cash reserves
aren’t already over-exposed to real […]

Mortgage Rates Drop Below 6%
For the first time since early spring, mortgage rates have fallen below the 6-percent threshold.
Freddie Mac reports that 30-year fixed loans came in at an average of 5.93 percent this week, down from 6.35 percent a week ago and 6.31 percent at the same time last year.
A borrower taking […]

The Isle of Palms Beach Run takes place this Saturday, 7/26/08, at 8AM.  It starts at Front Beach behind the Windjammer.
Fun for all ages because there are youth “fun runs” and also the 4Mile Run/Walk. Registration is $7 for the youth run, or $15 for the 4Mile.
Register online at  Action Carolina

Small Homes, Cottages Score Big With Buyers
However, home buyers these days increasingly are interested in smaller homes that consume less energy and encourage interaction among neighbors.
Developers in cities such as Seattle, Boston, and Milwaukee are building cottage developments to meet the rising demand.
Architect Ross Chapin and developer Jim Soules have erected nearly 50 […]