On 11/26/08, the SC Business Journal published this article. It's no secret in Charleston, but many do 
not realize that real estate is local. While numbers have dropped a little in Charleston, it has not followed extreme drops in many other markets. The statistics came from the US Federal Housing Finance Agency based on sales and refinancing information available on existing single family homes. "The Charleston-North Charleston-Summerville metro area came in at number 65 with 1.27% appreciation over the last year." Not only has SC weathered the storm well, but specifically Charleston, SC has endured the housing crisis well. Values have dropped slightly when you consider where prices were in 2005. Inventory peaked in 2007 at 16,000 active listings and it currently sits at 10,800 in the Tri-County area.
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Michele Reneau - Military Relocation Specialist with Carolina One Real Estate in Charleston, SC.
Contact Michele Reneau, Realtor®, North Charleston, SC Relocation Expert, CRS, GRI, ABR. Licensed Realtor® in South Carolina at 843-572-0518 to list your property for sale or to purchase real estate in Charleston, Goose Creek, Summerville, North Charleston, Hanahan, Mount Pleasant and the surrounding areas in Charleston County, Berkeley County or Dorchester County, South Carolina. The Charleston Relocation Expert specializes in military relocation, first time homebuyers and creating marketing exposure to sell your home in the Charleston SC Real Estate market. I can also be contacted by email at mreneau@carolinaone.com. To view all Charleston Metro area Homes for Sale Click Here and then click on Search for Homes. With over 25 years of Lowcountry Living, I know the Charleston Metro area. I will help you get your home sold and/or help you buy your Charleston home or land.
This is a continuation of a series: 10 Common Myths Shared by Homebuyers.* See Myth #6 here.
There has been so much media attention on the rise of foreclosures and the hype of getting a good deal. It's hard not to ignore it and of course everyone wants to get a fantastic deal. But the fact is that some foreclosures are overpriced and also have undesirable conditions attached to them. On a foreclosure, what you see is what you get. The bank will not make any repairs. One important thing to do is to evaluate the cost of repairs to make sure that it will not exceed fair market value of the property. Otherwise, you could have bought the house down the street for less money. Often there is not electricity or water available, and it is the buyer responsibility to turn it on to inspect the home. And again, even if you do find something severely wrong, the bank will not fix it. The sale is AS-IS. A good value in a foreclosure requires research and due diligence. You'll need a good home inspector and contractor on hand to work up the repairs and numbers.
When working with the Charleston Relocation Experts Team, Buyer representation is a FREE service and we'll have you navigate the process to make it a smooth ride! Call or email Michele Reneau when you ready to have an agent looking out for YOU!
Stay tuned for more myths...*The series is adapted from the REBAC article published October 2008, 10 Common Myths Shared by First-Time Homebuyers in Today's Buyer's Rep.
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t's official! Finally, the Dorchester County Council voted and approved a new comprehensive plan which will direct building and infrastructure needs in the county over the next 20 years. This plan has been much needed for quite some time and (in my opinion) a little late for the fastest growing County in the state. Dorchester County residents know first hand how the explosive build up in the area has affected roads, traffic and schools. Parts of the cities of Summerville, North Charleston and Ladson are located in Dorchester County SC. Looking forward, this should be a positive move to manage future growth.
View the comprehensive plan at http://www.dorchestercounty.net/
This is a continuation of a series: 10 Common Myths Shared by Homebuyers.* See Myth #5 here.
Not true! There are many issues that need to be negotiated beyond price. There are many things to negotiate, some of which may include closing date, items to convey, contingency timeframes and closing 
costs. Then there's other miscellaneous stuff that is situational like a home for sale contingency. Additionally, there are many steps involved in purchasing a home beyond the contract. Home inspection and appraisal are two big ones but there are plenty others that have to happen behind the scene. A realtor can help you make sure you don't miss any of these steps in addition to preparing you to be ready for them by making sure you understand the process and help you get a loan pre-approval.
When working with the Charleston Relocation Experts Team, Buyer representation is a FREE service and we'll have you navigate the process to make it a smooth ride! Call or email Michele Reneau when you ready to have an agent looking out for YOU!
Stay tuned for more myths...*The series is adapted from the REBAC article published October 2008, 10 Common Myths Shared by First-Time Homebuyers in Today's Buyer's Rep.
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Contact Michele Reneau, Realtor®, North Charleston, SC Relocation Expert, Military Relocation Specialist, CRS, GRI, ABR. Licensed Realtor® in South Carolina at 843-572-0518 to list your property for sale or to purchase real estate in Charleston, Goose Creek, Summerville, North Charleston, Hanahan, Mount Pleasant and the surrounding areas in Charleston County, Berkeley County or Dorchester County, South Carolina. The Charleston Relocation Expert specializes in military relocation, first time homebuyers and creating marketing exposure to sell your home in the Charleston SC Real Estate market. I can also be contacted by email at mreneau@carolinaone.com. To view all Charleston Metro area Homes for Sale Click Here and then click on Search for Homes. With over 25 years of Lowcountry Living, I know the Charleston Metro area.
The verdict is in! Local real estate company owner, Richard Davis, sued A&E for $7.5 million over a contract to split profits from the TV pilot show, Flip this House. During the 1st season, Davis was created as the creator but never received payment from the wildly popular show. This week the jury awarded Davis $4 million in damages for breach of an oral contract.
You can imagine that Davis and his legal team are happy with the verdict. His attorney admitted, "...It's very tough to prove you had an oral contract with a major network." A&E sure is disappointed and I imagine an appeal will be filed.
What's the moral of this story? GET IT IN WRITING!!!!
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Charleston SC Top Relocation Team of Realtors serving military familes at Charleston AFB, Naval Weapons Station (NNPTC) & Coast Guard. Call or email to get started on your American Dream!
Michele is a CSP Elite instructor who focuses on helping sellers and realtors understand the importance of home staging in today's market. Michele teaches "Protecting Your Clients Equity through Home Staging." Realtors can earn their CSP Elite designation and learn how to sell listings faster and for more money through the use of this marketing tool. Call or email to schedule your office's class to increase the bottom line for both you and the seller.
Experience counts! In this tough market, you'll want to work with an agent that has experience. In the last 4 years, Michele Reneau and the CRE Team has helped over over 190 families achieve their American Dream. You want this kind of experience working for YOU!!! The CRE team does not view themselves as a salespersons, but as Real Estate Advisors. "Our job as a seller's agent is to help find a marketing solution to get your home sold by bringing you the most buyers. As a buyer's agent, our job is find a home that suit your needs." Even though it is a buyer's market, this may not always be easy to do. Michele Reneau is a Certified Residential Specialist. She ranks in the TOP 4% of the nation's top real estate agents and in the top 1% of her local market based on her experience. Her extensive knowledge of the field is your advantage. All CRE team members are Accredited Buyer's Representatives. We work with buyers to identify needs and can help you avoid the pitfalls of buying and even with new construction. Our knowledge and experience is coupled with a savvy investor's nose. Michele and Laura are have been part of military families and proudly supports the local service men and women and their families. Visit www.CharlestonRelocationExperts.com to start searching for your home.
The CRE team specialize in residential real estate in the Greater Charleston area, military relocations, and corporate relocations. This includes Charleston County, Dorchester County, and Berkeley County. We work with buyers and sellers to help them achieve their homeownership goals. The CRE Team specializes in working with military buyers and sellers transferring in and out of the Charleston Air Force Base, Charleston Naval Weapons Station and Coast Guard base.
"We love to work with first time home buyers, move up buyers, retirement homes and investors." Michele Reneau bought her first home at the age of 24. She remembers the highs and lows of being a first time homebuyer and loves making this dream come true for others. In less than 10 years, since her first home, Michele now owns 5 investment properties including single family homes and a multi family dwelling. She has a knack for seeing value in older homes or homes that need a little TLC. Since Michele has lived in the area for over 25 years, she knows the area very well. Buyers unfamiliar with the area simply share what is most imporant (interstate access, shopping, things to do) and she can put you in the right direction.
The Charleston Relocation Experts TEAM not only specializes in helping buyers, but Michele also has a unique marketing plan that helps sellers. Michele's average list to sale ratio is 98.7% with an average days on market of 70 days. Sellers that take the CRE Team's suggestions to prepare their property and price it right have enormous success even in the changing market. Call Michele to get started on your real estate dream.
CRE Team's Accomplishments
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Michele,
I want to personally thank you for your stellar professionalism and never ending work ethic. From the first moment that we sat down at our dining room table to discuss the sale of our home, Bill and I knew that we were in the BEST hands with you. If our home was to sell in this tough market, we were confident that you would be the one that could make that happen. We were very eager to get the house sold and move on to our next chapter. We had an agent prior to hiring you and the differences are astounding to say the least. Unlike our first agent, you did everything imaginable to prepare for our meeting and the sale, you were armed with amazing facts, figures and statistics. We had everything possible that we would need to make educated decisions and come up with strategic plans that would make our home stand out to all the potential buyers and realtors. You were always there with updates, advice, feedback, ideas and the list could go on and on. We slept very well at night knowing that everything that could be done was being done. We truly think of you as a "God-send". We will be forever grateful. Our future is so BRIGHT and you have played a HUGE role in that. I wished everyone would be as blessed as us in finding you.
Best to you always,
Shara and Bill Pisowicz
Indigo on the Ashley
July 2008
Michele was the best real estate agent ever! I would recommend her to anyone I know. Thank you Michele for all of your hard work and dedication. It's very obvious that you love your work!!
Laura, US Coast Guard, Goose Creek, SC
Michele did a terrific job! She sold our property in what I'm sure is record time for that rural area and she did it all via phone/fax. I will strongly recommend her to any of my friends and family in the Charleston area.
Art, Ohio
Thank you Michelle for the work you did so very well to sell my parent's home in Summerville, SC. We couldn't have found anyone better for this job!!
You handled everything so excellently and did such a great job taking care of things locally with my parents while working with me out of state.
We are so happy that the home was sold in such a relatively short time for this market and at a price and terms that was a win-win for everyone.
You stayed on top of everything for us and gave THE BEST customer service. Your knowledge, experience, organization and flare for getting everything
to come together made this effortless and painless for us....just what we needed!! Thanks!
Ellen T
Apex, NC
June 2008
Michele was God sent. We had been looking for a house for so long and had dealth with so many agencies and no one would help us and within a month's time, Michele had found my family a home and we love it!
Chris & Monica, Hanahan, SC
We would like to say Thank You for all of your help with our homebuying process. You made things simple and not as stressful as we believe it could have been. You were a great help! Once again, Thank you very much.
Kim and Richard, Ladson, SC
"Michele Reneau made my first home buying experience much smoother than I expected. I couldn't believe how helpful she was."
Jimmy, US Navy, Charleston
Michele Reneau was outstanding! When I came to Charleston, I interviewed several agents and I instantly knew that Michele was knowledgeable, professional, and detailed. This was important because I knew I was going to be out of state in military training for 8 weeks. From the time we found the perfect house, Michele took care of all the issues that came up while I was out of the state in training, including handling the home inspection and repairs that were necessary. She made it easy and stress free. She really works for you and I will definitely use her again.
Justin, US Coast Guard, Goose Creek
"Michele Reneau is excellent! She did a great job of keeping us informed, and providing leads for additional properties. She's top-notch and I'll continue to seek her advice and representation on real estate transactions."
Charles, Real Estate Investor, Charlotte, NC
"We couldn't have asked for a better agent than Michele Reneau. She was great! She kept us updated with email messages and phone calls and was patient in helping us find the perfect home. Closing was a breeze!"
Nancy and Tom, Goose Creek
We have to admit that we didn't have a great experience with our first real estate agent. This was going to be our first home and we really needed someone to be patient with us and explain all the details. Michele Reneau was wonderful. From the beginning, she explained everything in detail and we always knew what to expect. She really cared about what we wanted and needed and gave great, trustworthy service. We couldn't have done it without her and are so grateful to have met her.
Nathan & Liz , North Charleston, SC
We were given Michele Reneau's name by a friend that raved about her. We knew we were interested in buying a new construction home. We thought, what's the big deal and why do we need an agent to buy a brand new home. Well, this was out first home purchase and our friend recommended we have a buyer's agent. We visited several new home neighborhoods and when we finally settled on one, we had no idea what we were in for. We had decided on buying new construction not knowing all of the unnecessary hassles that can come with it. Michele informed us every step on the way on what to expect. She explained the importance of an inspection even on new homes. She was right! While the builder corrected the items, we might now have found out about them until it was too late. We are so thankful we had her on OUR team!
Kevin and Grace, Summerville, SC
When my wife and I put our house up for sale, never would we have imagined it to be stress free. Michele Reneau and her staff were the best we ever dealt with (this being our 3rd move.) She was more professional and personable than any other realtor we ever met. Anything we needed she provided. Moving can be a lot of stress, and in our case, two children under the age of 3 and a puppy isn't expected to be the pleasant experience that it was. When you can rely on a person as much as we relied on her it makes selling (and I assume buying) a pleasure. My wife and I moved to Charlotte and if we could have used her to purchase our home there we would have. If you need a realtor, and you want the best, someone you don't have to second guess, call Michele Reneau.
Barry & Clarisse, Goose Creek, SC
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