Posts by : Alan Donald

Current Charleston, SC area trends in home prices & inventory, in addition to trends in the Charleston rental market! PLUS, our market projections from our "crystal ball"! ------

The Charleston, SC residential real estate market has shown continued recovery in the last 12 months.

Current inventory (No. of Homes for Sale) continues to fall, and average absorption has moved from 8.38 months for 2011-2012 to 6.00 months for 2012-2013, thus moving from a “Buyer’s Market” into a “Neutral Market”.

Click here to download the complete Market Update for FREE.

Median sales prices in the metro area have recovered, with the 12-month rolling average in the entire MLS surpassing the $200,000 ma...

Yesterday, December 4, The Alan Donald Real Estate Team had not just one, but two birthday's to celebrate!  

Our team celebrated the birthday's of Alan, Lead Agent, and Meghan, Marketing Manger, at Southern Season restaurant in Mount Pleasant, SC located off of Coleman Boulevard.  Thanks to Charleston's mild year-round climate, we were able to enjoy a wonderful lunch on the garden patio next to the waterfall fountain.

The staff was extremely knowledgable and kind and- more importantly- the food was excellent!  Alan and Meghan's favorite part of the meal was the crème brûlée ordered from their extensive dessert menu.  If you live in the Mount Pleasant, SC area and have not been to Sout...

36 N Prioleau St., Downtown Charleston

36 N Prioleau St., Downtown Charleston

Waterfront Park is your front yard and your walk can be along the harbor. Two blocks to the Historic City Market to the North, High Battery to the South and fine restaurants, historic theaters and nightlife to the West. You can enjoy Charleston, SC to the fullest.  An elevator brings you to your own entry from the secure garage below where there are 2 assigned parking spaces and a storage cage. The building offers a concierge service and a rooftop patio with exceptional views of the Charleston ...

SELL YOUR HOME OVER THE HOLIDAYS

*** TOP TEN REASONS TO LIST YOUR HOME FOR SALE OVER THE HOLIDAYS ***

Most people believe they should take their home off the market during the holidays...WE BEG TO DIFFER!

Here are the top ten reasons why:

1. SERIOUS BUYERS - people who look for homes during the Holidays are serious buyers! You don’t have to waste your time with “tire-kickers” who are just wasting everybody’s time…
2. LESS COMPETITION - Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you. Since the supply of listings will dramatically increase in January, there will be more competition for the available buyers.
3. TIMING FO...

Come enjoy luxury living at prestigious One Vendue, on the waterfront in the most historic section of Charleston, the French Quarter wharves.

An exquisite 1st floor condo with panoramic views of the harbor, including Fort Sumter. This beautiful condo for sale in Downtown Charleston is loaded with high-end features and finishes including heavy moldings and high ceilings throughout, heartpine, travertine and marble floors. It has a Signature kitchen with very generous granite work area, 2 dishwashers, 6 burner gas range, Thermador double ovens, porcelain farmhouse sink and polished nickel faucet. The kitchen opens to the family room and the balcony from which you can enjoy harbor and p...

1035 Loyalist Ct Mount Pleasant, SC 29464 - MLS# 1327357

Price: $339,000

Bedrooms: 3

Bathrooms: 2 Full

Class: residential

Square Feet: 1,810

Year Built: 1979

Area: Mt.Pleasant South Of Iop Connector

County: Charleston

Subdivision: SNEE FARM

NOW SELLING NEW HOMES! New homes start from the $300's, and custom homes in Riverside at Carolina Park start in the $500's. Call us today on 843-900-0155 to receive a printed information package or to arrange for a tour of of the neighborhood.

Interested in Mt Pleasant New Construction?  Take a tour of Carolina Park in this video-- take a peek inside some model homes(David Weekly Homes & Ryland Homes), get the latest pricing/planning information and take a look around the neighborhood.  Call 843-900-0155 or read more about Carolina Park in Mount Pleasant, SC  here.

Carolina Park is a 1700-acre, mixed use (residential & commercial) "master-planned" community built around the con...

Robyn Paul with Harbor National Bank sent me this article that will bring a big sigh of relief for all of us living on the coast of the US:

Bipartisan Deal Reached to Delay Flood Insurance Premium Hikes: Waters

Key House and Senate members have reached a bipartisan deal to delay changes to the federal flood insurance program that are raising premiums for many homeowners. The bill would require regulators to address affordability of the coverage before implementing rate hikes.

Rep. Maxine Waters, ranking member of the House Financial Services Committee, announced the bipartisan legislative fix for the National Flood Insurance Program (NFIP) that she said will assure that “changes are im...

 Moultrie Park is a small Mount Pleasant community subdivision near the intersection of Longpoint Road and I-526. The new construction homes are located right at the entrance to Belle Hall Plantation. The new homes have a neo-traditional style which combines the unique lowcountry architecture, fine finishes, and traditional neighborhood design.  

Each semi-custom home is built by Dobson Homes, LLC and will have quality standard features (read more).  

There will be approximately 6 new lots available in Moultrie Park by the end of 2013 in the $380,000 to $420,000 price range with approximately 1,500 to 2,000 square feet.

There are 2 active residential Homes for Sale in Moultrie Park.

Flood Insurance: The Next Shock!

FLOOD INSURANCE is going to be the "hot topic" in real estate for the next few months in all the coastal areas of the U.S. Flood insurance rates may increase substantially as FEMA stops subsidizing them, which may cause major problems to real estate transactions.

What can coastal property sellers and buyers do proactively to avoid price shocks and frustrated transactions?

Sellers:
- Get a Flood Elevation Certificate
- Obtain a Flood Determination and a flood insurance quote from an educated flood insurance agent, and retain a flood insurance consultant if there are any errors in the flood zone classification.
- Increasing insurance deductibles may lowe...

More details here.

This is a fantastic opportunity in a popular NEW Mount Pleasant, SC neighborhood!  

Pinckney Place in Mount Pleasant (off of Whipple Road across from the Mt. Pleasant Tennis Center) is a quaint new home subdivision featuring Charleston-style single family, detached homes (some with detached garages) at affordable prices.  Its proximity to the new East Cooper Hospital Extension, the Mount Pleasant Senior Center, I-526, Belle Hall Shopping Center and Downtown Charleston makes Pinckney Place a great location.

To learn more about the neighborhood, see existing homes, and view details on the floorplan for 1644 Ware Bottom Lane, click here.

As experts in the area we kno...

VIDEO:  Mount Pleasant Market Update! 

For custom market update or valutation of your home call 843-900-0155.

As you know the residential market went through a low until about 2010 and it has been recovering ever since. And we have had a pretty good year in the last 12 months in Mount Pleasant, SC with inventory going down substantially and demand rising and prices are actually going up (with only 3 and a half months inventory in terms of absorption). However, there are a couple of things that may slow down our market growth. One is the unusual growth in inventory - normally after June/July inventory starts decreasing until the end of the year. This year it was a little bit unusual...