American Recovery and Reinvestment Act of 2009

HOW THE 2009 Stimulus Bill effects the housing market

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Historic Charleston, SC - July 2007

CHARLESTON SC AREA INFORMATION GUIDE - www.CharlestonSouthernHomes.com

Tips on selling your Charleston Home

Here is some tips for Charleston Homeowners trying to sell their home

Has Charlestons Real Estate Market Hit Bottom ?

Recently on The Today Show Barbara Corcoran, a Real Estate Expert, said that by the time we realize we hit the lowest prices in the Real Estate Markets, it will be too late because they are already going to be going up. I believe this. I know buyers are waiting for a deal, but are we there yet? With Mortgage rates lower than they have been at in years (but also starting to see some increases).

Take a look at these Charleston statistics and you decide.



THE CHARLESTON REAL ESTATE UPDATE

The house prices are for homes with an apx. sqft range of 2000-2500.

....................2004 ........2005........ 2006........ 2007........2008.........Diff 2004-2008
Rivertowne.....$297,240...$387,664...$421,212...$4 03,850...$360,500...18%
Bell Hall..........$335,093...$401,343...$408,514...$36 2,700...$378,705...12%
Brickyard....... $281,750...$345,571...$386,279...$375,129...$336,3 86...16%
Park West...... $261,499...$324,219...$335,338...$345,067...$303,8 44...14%
Charl Natio..... $266,640...$330,525...$381,013...$378,625...$342,9 94....22%

As you can see, all of the neighborhoods are at least 12% more than their 2004 price. However, these are prices not adjusted for inflation. When adjusted for inflation, the home prices look like:

....................2004 ........2005........ 2006........ 2007........2008.........Diff 2004-2008
Rivertowne.....$332,909...$421,657...$443,829...$4 13,750...$360,500...7%
Bell Hall..........$376,824...$436,535...$430,549...$37 1,592...$378,705...0%
Brickyard....... $316,838...$375,873...$407,020...$384,325...$336,3 86...6%
Park West...... $294,065...$352,648...$353,344...$353,526...$303,8 44...3%
Charl Natio..... $299,846...$359,507...$401,472...$387,907...$342,9 94....13%

As you can see now, the home prices are much nearer the 2004 price.

Make your own conclusions, but we may be nearer the bottom than most people think.

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Charlestons Home Foreclosure Team

Charleston SC has a wonderful Foreclosure team educating both buyers & sellers on Short Sales, Loan modification, and Foreclosures. Please Visit Charleston Foreclosures

Gold Star Homes in Charleston South Carolina

Century 21 Properties Plus and Creaturo & Associates are proud to introduce our Gold Star Home program. This program is an excellent way to showcase your home when your selling in the Charleston Market. The Gold Star program means that your property has been pre-inspected by a licensed home inspector and a Termite inspector. Also a Home Warranty has been purchased by the Home Owner.
What this means is a huge benefit for potential buyers. The last thing a buyer wants after falling in love with your home is to find out there are hidden problems or termites. With the Gold Star home program, a buyer gets to preview all the inspections before making an offer. This benefits both the buyer and Seller because they are informed before they go into contract. So for the Seller it means if there are any repairs to be done, they can be taken care of at their leisure rather that in a rush once an offer has been made.

For more information on how to enroll your home in the Gold Star program please contact

Century 21 Properties Plus

Using a Realtor to Sell your Charleston area home in this market

In this market is more important now than ever to use a Realtor to market your home. A full time Realtor with experience, expertise and a proven record. A Realtor will help you find the right price range for your home. Because buyer search for homes in a specific price range, positioning your home in the middle increases potential buyer chance of seeing your home.

You also want a Realtor with great online presence. They need to be all over Internet marketing. Does your Realtor advertise on multiple web sites? Where does their website rank on the search engines?

Have your Realtor show you examples of fliers, literature they do for their listings. Buyer are more likely to take a flier than call on a sign. These are just a few things that Creaturo and Associates specialize in. We have a marketing plan no one can beat and a team of agents that specialize in your neighborhood. We are always "on call" for your and our buyer so you are never neglected or uninformed.
So whether your Buying or Selling....Creaturo and Associates at Century 21 Properties Plus is the only name to Remember!