When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the Charleston real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list.

1. Demand Is Very Strong This Winter
A recent article in Inman News explains:

“Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’”
And they aren’t the only ones saying buyers are already out in full force. That claim is backed up with data rele...

Like most industries, Charleston residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year.

Real estate is very similar. The number of homes sold in the Spring/Summer in Charleston is almost always much greater than at any other time of the year.  Historically, the number of buyers and listings for sale significantly increase in the spring and remains strong throughout the summer. Once fall sets in, the number of buyers and sellers typically dro...

If you're ready to sell, reach out to one of our real estate agents and find the perfect price for your house!

Some Highlights:

Pricing your house right in this Charleston market takes experience and expertise.

To find the best list price, your Chucktown Homes agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition.

If you’re ready to sell, don’t guess on the price. Reach out to one of our advisors today to price your house to attract multiple offers and maximize your return on investment.

175 Ithecaw Creek Street
Charleston, SC

MLS# 21023791 - Residential

Don't miss your chance to live in this magnif...

As we move into the second half of the year, one thing is clear: the current Charleston real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market.

A Shortage of Homes for Sale
Earlier this year, the number of homes available for sale in Charleston fell to an all-time low. In recent months, however, inventory levels are starting to trend up. The latest Monthly Housing Market Trends Report from realtor.com says:

“In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typicall...

Building financial wealth and stability in Charleston, SC remains one of the top reasons we choose to own a home here, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making monthly mortgage payments:

“The principal portion that reduces the loan balance builds the homeowner’s equity. In doing so, the principal payments behave like an automatic savings account. The principal payment is not money going out; it is money staying in.”
But home equity – the difference between the valu...

Today’s Charleston housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move.

1. Price Your House Right
When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a Charleston sellers’ market, listing your house for the right price w...

There’s no doubt that 2021 is the year of the seller when it comes to the Charleston housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your Charleston dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your house. Here’s a look at what’s driving this sellers’ advantage and why there’s so much opportunity for homeowners who are ready to move this season.

1. Historically Low Inventory
Even with a slight rise in the number of houses for sale this spring, inventory remains near an a...

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move to the Charleston area may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why.

After creeping up for seven consecutive weeks, average mortgage rates have dropped more recently (See graph below). With rates taking a slight dip over the past two weeks at the same time the inventory of houses for sale in Charleston is so low, homeowners today are sitting in the optimal seat to sell. What’s the advantage of selling your house now? Securing a low mortga...

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s Charleston power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents:

88% – a better chance of saving for retirement
87% – the best investment plan
85% – the chance to be better off financially
85% – the chance to build up wealth
 

The above graph only includes data through 2019, but according to CoreLogic, the equity held by homeowners grew by $26,300 over the last twelve months alone. And in the Charleston Real Estate Market, many homeowner's equity grew even more than that in the last year...

There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current Charleston real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 Charleston housing market. With these busted myths in hand, be sure to also work with a trusted real estate advisor so you can decipher local facts from fiction along the way.

16 Jasper Street UNIT A
Charleston, SC

MLS# 21008207 - Residential

16 Jasper Street is newer construction (2012) in the Historic District of Charleston with King Street shopping, dining and entertainment a few blocks away. Come see it! This unattached home has a m...

Some Highlights

• Over the past year, homeowners in the Charleston Real Estate market have gained an unprecedented opportunity to sell with great success while buyer demand is soaring.
• With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat.
• Call us today if you’re ready to learn about the leverage you have as a seller in the Charleston Real Estate housing market.

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  67 Barony Court
  Edisto Beach, SC

  MLS# 21005385 - Residential
  

  Panoramic views from this custom home in the gated Wyndham resort. This fine home is located on a quiet cul-de-sac with almost every room focused ...

Tip #1: Put your best offer in immediately. 
In this hot Charleston Real Estate market, sellers are less inclined to negotiate their asking price because, well, they don’t have to. There will be other buyers out there that will be more than willing to put in a higher offer.

Tip #2. In a bidding war, choose between the following:
Cash
Conventional (20% , 15% , 10% , 5% , 3%)
FHA 3.5%
Majority of the time, a seller is going to look for the highest down payment, so the higher your down payment, the chance you will be outbid are less. Cash is king especially in this Charleston Real Estate Market! Sellers are more likely to favor buyers who pay in cash. If using a low down payment loan option...

If you're on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition right now in the Charleston Real Estate market.

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.

As the map shows, buyer traffic in Charleston, SC is very strong, but seller traffic is low. With so few homes for sale right now, record-low inventory is creating a mismatch between supply and demand.

Sellers may not want to wait until spring t...

There are a few key things to avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table. In this competitive Charleston Real Estate Market, you definitely want the closing to go as smooth as possible. And with all the covid shutdowns, people are flocking south to Charleston so it's wise to be sure there are no surprises when it's time to close the deal.

310 Longshore Street UNIT #628
Charleston, SC

MLS# 20033330 - Residential

New concrete and steel construction complete in 2021. Spacious 3 bedroom plus den with large out door space. Corner location affords lots of natural light.

View Listing Details

Will 2021 be a seller's market in Charleston? You can bet on it.

Buyers have to be ready to compete. Call the experts at ChuckTown Homes Real Estate to learn how to win in this market!

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170 Barn Hill Road
Ladson, SC

MLS# 21001645 - Residential

Welcome home to 170 Barnhill Road! Enjoy the tranquility of country living coupled with the convenience of living close to town. This wonderful 4 bedroom, 3 bath home is situated on nearly 2 acres and offers a main house with a private Mother-in-law suite, HUGE storage shed, lovely pergola and more! The versatility of this home is just one reason it's so appealing. For one, it can be used as described, confi...

FSBO or hire the experts for your Charleston home sale? You need to talk to the listing experts at ChuckTown Homes Real Estate before pulling the trigger.

2020 has brought all kinds of changes to the Charleston market- for sure 2021 will be a new era for real estate sales in the Holy City. Don't go it alone!!!!

Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big.

Covid shutdowns have brought many buyers from large Northern cities to Charleston. Our market looks like a deal to them- and they have cash! This ideal moment in time to sell your house won’t last forever, though.

With more sellers coming to the Charleston market in the spring, waiting until next year means buyers will have more choices, so your home may not stand out from the crowd.

Reach out to the experts at ChuckTown Homes Real Estate today to discuss why now may be the right time to make a move on your terms.

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1718 P...

THINKING OF MOVING?

2020 has brought extremely low inventory levels to the Charleston SC real estate market.

It's very common for us to see 10 offers on one house house in 2020. Don't want to compete in

an escalating bidding situation? Want everything on your list to already be in the house?

Let us show you how to buy a new construction home in Charleston in 2021! Different

than buying a pre owned home? Sure! But don't worry the professional buyer representatives

at ChuckTown Homes Real Estate know every step of the way. Free-to-you professional

representation- It's what we do!

Find out why we are Dave Ramsey's most often trusted ELP in Charleston.

Learn about all t...

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