Estate Sized Lots in Ravenel
Last Friday I showed property in Hollywood (SC). We looked at several large parcels in the woods. I had heels on, which was a bad plan on my part; I actually made a conscious decision not to get my boots off of the top shelf of my closet. So, 6:30 Friday afternoon found me traipsing [...]
Thursday Mortgage Update 5-29-08
Thanks to Katie Mahoney, Carolina One Mortgage, 843-345-7009
This morning we attended a “conference call” regarding some new guidelines that Fannie Mae, Freddie Mac and FHA will soon be implementing. These changes represent another “tightening” in lending standards and practices and included information on new maximum/minimum LTVs, credit scores, and DTI ratios as well as some [...]
Tales from Midtown Open House
I think the worst part of the market downturn is past for the Charleston area. We see more and more showings on our listings all the time, and the number of buyers who seem to be actively looking has more than doubled. I think prices for real estate are already discounted, and people should not [...]
Thursday Mortgage Update 5-22-08
Thanks to Katie Mahoney, Carolina One Mortgage, 843-345-7009
Apparently someone from FNMA read my “Mortgage Minute” on declining markets this week, because they’ve changed their policy!! Well, maybe not, but more on that later.
Mortgage rates finished the week slightly lower than where they were when the week started. News out on the economy was mixed, as [...]
Summer Surfing on Isle of Palms
Tomorrow is our anniversary; we bought new surf racks as a gift for both of us. My old car had them, but the new one came without. So, hopefully we can get some beach time in tomorrow, as we are taking the day off together. We have a new plan to keep [...]
Listings Update 5-20-08
We had a sales meeting down at Midtown today; the weather was so beautiful downtown that we had the meeting outside. My goal for Midtown this week is to create a spreadsheet of real estate agents that have clients looking for homes in Downtown Charleston, in the $450,000 to $750,000 price range. Then I can [...]
Thursday Mortgage Update 5-15-08
Thanks to Katie Mahoney, Carolina One Mortgage, 843-345-7009
I have to warn you. This is going to take you more than a minute to read. But, I think it is very useful information for you to have concerning a major change taking place in the mortgage industry in some areas of the country….
Conversation between a loan [...]
Wine and Cheese at Midtown
So, Thursday we have a wine and cheese event at Midtown. We will have photography on display by the Charleston Kids with Cameras, which is a really great organization. Several area photographers have volunteered their time and talents to mentor inner city children. They take the kids every other Sunday and teach them photography. Then [...]
Weekend Beach and Creek Report
The beach was supposedly nice on Saturday morning. My brother called me as he was on the way to Isle of Palms to surf. We didn’t make it out, and it ended up we didn’t miss much in the way of waves.
We went to a birthday party for some friends on Saturday evening in Awendaw. [...]
Mother’s Day Weekend Report
We had a busy weekend at Midtown, despite the inclement weather. I think a lot of people were out and about for Mother’s Day, so traffic was pretty good. Spoleto and Piccolo Spoleto start up pretty soon, too, so that will add a lot to the amount of people in town.
We went to a new [...]
