South Carolina

Market Update - Week 8 of 2012

02-22-12

Sheila Newton Team~Anderson & Greenville SC Real Estate/ Foreclosures/Short Sales

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Office: (864) 225-1205

Mobile: (864) 940-6377
Secondary: (864) 280-7070

U.S. homebuilding is seeing housing starts registering a 699,000 annual rate in January, we're still a good way from perfection, but continuous improvement is being demonstrated. Also improved were December's starts, upwardly revised to 689,000. Best of all, the three-month moving average improved to a 697,000 annual rate, a three-year high. And single-family starts are up 16.2% versus a year ago.

New building permits were also up in January 0.7%, to a 676,000 annual rate. Versus a year ago, they're up 55% for multi-family and up 6.2% for single family homes. Even better, the number of single-family homes under construction was up 2.1% in January, the largest gain since 2004. And there were 119,000 more single-family starts than completions in January, the widest gap in those numbers since the housing boom peak in 2006. Builders clearly are more optimistic.

BUSINESS TIP OF THE WEEK... It's important to stay optimistic. Every problem has a solution and you'll usually find it more quickly by having a positive attitude from the start.

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Seasons at Prince Creek West, Murrells Inlet, South Carolina

02-16-12

Bill Ness, 55Places.com Active Adult Community Guide

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Mobile: (312) 965-9208

Seasons at Prince Creek West, South Carolina Just 15 miles south of Myrtle Beach and only minutes from the fishing village of Murrells Inlet, sits the active adult community known as Seasons at Prince Creek West. The seaside location of this intimate sized 55+ community attracts active adults in search of a private getaway close to the Atlantic coast.

Murrells Inlet and the surrounding areas offer everyday conveniences just minutes from home. There are outlet malls, flea markets, restaurants, golf courses, beaches, amusement and water parks, gardens and more all within easy reach. Water activities such as fishing, canoeing and kayaking are popular in this coastal town as is fabulous seafood. Right next door to the community is The Tournament Players Club Golf Course. This PGA tour facility is the only one of its kind in South Carolina and offers fabulous golf and world-class dining.

Seasons at Prince Creek West opened in 2004 by Levitt & Sons and was acquired by Dockstreet Communities in 2009. Dockstreet Communities will complete the remaining homes to total 460 upon completion, and will also expand the amenity center. Currently residents enjoy an 8,000 square foot clubhouse, however plans call for the expanded facility to open soon.

The improved clubhouse at this intimate South Carolina 55+ community will feature 29,000 square feet of space dedicated to encouraging an exciting active adult lifestyle. There will be a fitness center with an aerobics room and locker rooms, a game room, a card room and a large multi-purpose space perfect for large community gatherings, holiday parties or special events. Outdoors will be a grand swimming pool with an expansive sundeck, an outdoor kitchen, bocce ball courts, shuffleboard and tennis courts with a private pavilion. Several trails already wind throughout the scenic community landscape for walking or bike riding.

Even during the construction of the new amenities, residents enjoy an exciting lifestyle. The full-time activities director ensures there is always something exciting to participate in whether it’s card games and poker or ladies lunch and art class. There are plenty of options to discover new interests or perfect favorite pastimes.

The homes at Seasons Prince Creek West are all single-family homes sized from nearly 1,600 to 2,500 square feet. Today buyers can select from new construction or resale homes priced from the low $200’s to the high $300’s. Many of the charming homes feature special touches such as screened-in porches, front porches, oversized home sites and scenic views of wetlands or ponds. It’s the perfect community to enjoy the beauty of nature right in your own backyard.

For more information and photos of this and other SC active adult retirement communitiesplease visit 55Places.com. To stay in touch with us please join our Facebook page by clicking the Facebook link below.

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Charleston Food Truck Event ~ Saturday, Feb. 18th

02-16-12

Laura Sargent ~ Carolina One Real Estate

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Office: (843) 509-2375

Mobile: (843) 509-2375
Secondary: (843) 884-1622

When that food truck fare gets in their angry little bellies,
the kids will forget you told them you were taking them to a
rodeo but with (likely) no clowns or horses.

Yeeee-ha! Head ’em up! And mooooove ’em out.

WHO: Charleston Food Truck Federation
WHEN: Noon to 6 p.m. Saturday
WHERE: Brick House Kitchen, 1575 Folly Road in Charleston

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Market Update - 2012 Week 7 - Upstate SC

02-16-12

Sheila Newton Team~Anderson & Greenville SC Real Estate/ Foreclosures/Short Sales

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Office: (864) 225-1205

Mobile: (864) 940-6377
Secondary: (864) 280-7070

People's attitudes should surely be altered by new data from the National Association of Home Builders (NAHB). Their survey released on Thursday revealed four record highs hit by home building in 2011. The average size of new homes bumped up to a record 2,522 square feet, a record-high 42% of new homes had at least four bedrooms, 28% had at least three bathrooms and 30% included finished basements, all numbers up substantially over 2010.Countering this, there were a record low 429,000 single-family housing starts for the year.

But there's hope. The NAHB's chief economist forecast a 16% increase for new-home sales and single-family starts for 2012. He cited NAHB estimates of a pent-up demand for 2 million homes coming from households that are doubled-up or waiting to buy a home. Another NAHB sponsored survey revealed 78% of Americans likely to vote in the presidential election said owning a home was one of the most important things in their lives. They feel homeownership is about family and remains part of the American dream. Freddie Mac's chief economist chimed in, "The desire for homeownership long-term is still there."

QUOTE OF THE WEEK..."People can alter their lives by altering their attitudes." -- William James

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Calling all "wanna be" Couponing Kings and Queens

02-16-12

Laura Sargent ~ Carolina One Real Estate

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Office: (843) 509-2375

Mobile: (843) 509-2375
Secondary: (843) 884-1622

Wanna be that person who holds up the checkout lines with a stack of coupons?
Wouldn't you love to be that person who puts receipt photos on Facebook
bragging about paying $15 for $150 of groceries!

Learn the ins and outs of couponing from Feona, founder of TheCouponBoutique.com.
Hint: You'll need a good pair of scissors. Wonder if we could find a coupon for that...

WHO: Charleston County Public Library and Feona
WHEN: 3-5 p.m. Saturday
WHERE: St. Andrews Regional Library, 1735 N. Woodmere Drive in Charleston

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