Betty Poore: What's New on the Charleston Coast Blog: September 2007

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Friday, September 28, 2007

Inventory is up, says report

As Mark talks about a downturn in the home furniture business, I consider the statistical reports of new home inventory levels. (My life really is more interesting than it sounds.)

"New home sales plunged in August," says the Commerce Department in a New York Times report. And prices dropped on average 7.5%, "the steepest monthly price drop since December 1970."

What's it all mean? Obviously, motivated sellers are nervous, but we're coming up with some innovative ideas to help them. The best market I've seen in a long time for investment buyers is upon us, and more and more of my longtime clients are showing some interest.

Statistics tell the story, I think. We may have reached the bottom. It's a great time for bargains.

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# posted by Betty Poore @ 7:08 AM

Tuesday, September 25, 2007

Morning becomes the island

As the days start getting a little shorter now, some mornings you can begin to see, sometimes even feel a bit of Fall coming here to the Lowcountry. We live in such a beautiful place, especially on mornings like this one.

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# posted by Betty Poore @ 8:26 AM

Sullivan's Island pricey? C'mon!

The morning's Post and Courier carries this front page headline: Sullivan's Is. among priciest ZIP codes.

Seems Forbes reports this kind of thing, and 29482 is the 70th on the "magazine's annual ranking of U.S. housing prices." Need proof? "In mid-August," says the newspaper's article, "a sales record was set when New York businessman Todd Boehly paid $4.72 million for a 4,500 square-foot, six-bedroom Atlantic Avenue house on an oceanfront lot."

The high end of the market is still doing pretty well here, though the smart investor may have a few more options than usual.

By the way, the Isle of Palms and Charleston were ranked by Forbes at 199th and 327th, respectively.

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# posted by Betty Poore @ 8:00 AM

Sunday, September 16, 2007

Fall Weather on the Charleston Coast


Well, summer may just be behind us. Mark and I have shut down the AC today, opened up the windows and have a strong breeze blowing through the house. It is wonderful and hopefully here to stay.

However, the stong northeast wind has not been kind to our beach. As many of you know, the north end of the island has been experiencing erosion that has affected some of the condominimum neighborhoods at Wild Dunes and the 18th fairway of the Links course. There has been a lot of discussion and information...and as it happens hearing something 3rd or 4th hand, some misinformation. With that in mind, I am including this link to the best information I have seen recently. Please give me a call if you have any questions after you read through it.

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# posted by Betty Poore @ 5:15 PM

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Betty Poore Your Connection to the Charleston Coast
Dunes Properties of Charleston, Inc. Direct: .. (843) 442-1889
1400 Palm Blvd Fax: (866) 279-2260
Isle of Palms, SC 29451 Send Email to Betty
Dunes Properties of Charleston, Inc., 1400 Palm Blvd, Isle of Palms, SC 29451

Charleston Coast, SC Real Estate | Betty Poore
About Betty Poore's Charleston Coast, SC Real Estate Website: The web site provides Charleston, Seabrook Island, Kiawah Island, Folly Beach, James Island, Sullivans Island, Isle of Palms, Dewees Island, Daniel Island, Mount Pleasant and the Charleston Coast, South Carolina real estate information and resources to guide homeowners, homebuyers and real estate investors through the process of selling and buying a house, condo or other realty property in the Charleston Coast area. Betty Poore Sometimes spelled as Bettye, Betti, Bettie, Bety, Beti, Betie, Poor, Pore, Porre, Pour, or Poure has services to help you get the best value for your Charleston Coast home and this website offers home buyers and home sellers a superior comparative market analysis (CMA), a way to view real estate and MLS IDX listings including virtual tours, prepare your home for sale, and more. Investors looking for real estate investment properties to invest in need look no farther. Anyone selling a home, buying a home or seeking housing can learn more about our realty services, and will appreciate working with a  Charleston Coast REALTOR who knows  the area so well. Through trusted partners, we also provide real estate and financial services to consumers looking for houses for sale or selling their home in Charleston Coast, SC, such as mortgages, credit history, new homes, foreclosures and other services. If you've already tried to go the for sale by owner (FSBO) route and find you are needing a partner who you can trust in the sale of your most precious asset, Betty Poore can take care of your special needs. It really doesn't matter if you spell it REALTOR, Realator or Realter, realty, realety or reality, real estate or realestate, Betty speaks  your language.
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