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JL Boney, III Columbia, SC Real Estate

Columbia, SC Homes For Sale in Heather Green

Columbia, SC Homes For Sale in Heather Green

Columbia, SC Homes For Sale in Heather Green

Looking for Columbia, SC homes for sale, you may want to try Heather Green. Located between Longreen Parkway and Longtown Road, just off of Clemson Road in Northeast Columbia, SC, Heather Green is a great small community that's close to everything. Less than a mile off of I-77, Heather Green is about 15 to 20 minute from Fort Jackson, about 5 to 10 minutes from I-20, and less than 15 minutes away from the Village at Sandhill in Northeast Columbia.

With homes built and currently still being built by C & C Builders, Capital City Builders, and some by Mungo Homes, Heather Green offers a wide variety of floor plans and outside elevations. There is also a wide variety of options, making Heather Green a great community to take a look at in your search for a new home. Whether you're planning to build or buy an existing home, you may find just what you are looking for and you may want to call Heather Green home.

Columbia, SC Homes For Sale in Heather Green

Homes in Heather Green are vinyl sided with optional brick fronts.

Homes for sale in Heather Green typically start out in the 120's and go up to around $190,000.

11 homes have closed in the past 6 months and there are currently 4 pending contracts within the community.

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Columbia, SC Homes For Sale in Heather Green

Will the Shadow Inventory Halt the Healing of the Market

Columbia, SC Real Estate

Shadow inventory is the name given to describe home owners who are sitting on the sidelines waiting for a good time to list their house. I read a recent report, I apologize because I cannot remember the source, that said 29% of home owners polled in a study were watching the market and were ready to list their home for sale when the market started to show improvements.

One of the major issues facing the present market is the glut of inventory that's currently available. It's a simple matter of supply and demand. We have a huge number of homes for sale and not a large number of buyers with the ability to secure a mortgage. This creates a large supply and small demand, which drives home prices down and keeps the market from recovering. A major step toward recovery for the market is to remove the glut of homes that are currently sitting on it and waiting for a buyer to come along.

Columbia, SC Real Estate The reality is that if these statistics hold true, and there is a large number of home owners that are waiting on the sidelines to list their house, it could stagger progress. Think about it this way, inventory begins to move and becomes reduced and suddenly the ratio of homes for sale to approved buyers is a little better. This could cause a slight increase in in home values and give the appearance of stabilization.

But then the sideline sellers start to list their homes for sale as they see the market has begun to improve. Depending on the number of sellers who were on the sidelines that decide to jump in the game, this could significantly increase the available inventory once again and put us right back where we started. Too many homes for sale on the market and not enough buyers to deplete the inventory. And of course don't forget about the foreclosures that will still be out there causing every issue that they can.

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Speechless Sunday - Orchids

Orchids

Flowers

Well, I guess it's not quite wordless altogether. I'll at the very least explain what these are and where they were taken for anyone who is curious. These are Orchids as you may have guessed from the catchy title. They are in the green house on the grounds of the Biltmore Mansion in Asheville, N.C. The pictures were taken on a recent trip. The weather wasn't the best ever, as there was a light rain and it was cloudy most of the day. But it was my very first trip to the Biltmore and we had a great time anyway.

How Much Home Do You Really Need

Columbia, SC Real Estate

One of the very first things that I do with a potential home buyer is make an appointment to sit down and see where they are in the process and to figure out their wants and needs. I usually take a very low tech approach to the wants and needs list, I just give them a sheet of paper and have them write down what they need in a home and then next to it write what they want in the home.

One of the largest issues that I have noticed over and over again is that many buyers want a lot of square footage. This is simply a mindset sort of thing, but for one reason or another, I have seen many buyers that felt they really needed a lot fo space in their first home. Well, most of them are living just fine in a one bedroom apartment, so why on Earth do you need four bedrooms and a bonus room for two people, just because you are buying a home?

Columbia, SC Real Estate

The fact of the matter is that almost everyone would love to have that huge castle on the hill, but that's the fairy tale that we've been fed and it's not practical. If you are living alone, or if there are just a couple of people, then the 3,000 square feet and six bedrooms is a little overkill don't you think?

The other major issue with this mentality when buying a home is that it normally puts the buyer at or at least very close to the top of their price range. It's never good to do this, because it can create a huge burden and make you what we like to call "house broke." That basically means that you can afford your home, but not much else and you're better off just getting what you need in a home and living comfortable. Plus if anything happens, you will be able to carry a lesser mortgage easier than the large one at the top of your range.

So while it would be fun, you don't really need that book store, Bistro, or gift shop in your home. Sure they're neat, but you're much better off keeping it realistic.

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This is Just a Test

Test Selling a homes is actually serious business, and it takes a lot of hard work and dedication on the part of you Realtor as well as yourself. So, if you're not really ready to commit to what it takes to sell a house in today's market, then you really shouldn't put your house on the market.

If you're just planning on testing the market, then you've likely already made up your mind that you not going to listen to what your professional has to say. Chances are, you are simply planning on tossing your house on the market at some random price that has nothing to do with comparable, sold properties, and see what happens.

Blowing up in our Face Let me be the first to tell you that this type attitude can and usually does blow up in our face. The majority of activity on a home for sale will happen in the early days of it's existence on the market. That's why it's so important to price it right, advertise it right, and have it in good order and ready to show right from the start.

Doing it right from the beginning will usually yield good results, that's why it's so important to do. So when you just test that market, by not having your house ready to show and priced right from the start, you usually blow your best opportunity to sell.

No Sale The problem becomes that fact that your house develops a reputation amongst Realtors who are showing buyers on the market. They have shown the home and they have seen that it doesn't show well and that it's over priced. They will relay this information to any potential buyer that asks about this house, and chances are it will not be shown to that buyer.

By the time you get serious about selling the house, unfortunately that damage is done. Every Realtor that has shown it will remember it's state in the beginning and buyers will know something is wrong by the number of days it has spent on the market. Usually when you test the market, the market wins and it's not very nice about it either. So get it right from he start and take that market seriously.

www.JLBoney.com