On the lake murray Facebook page people are begging for houses to buy before they are listed. Crazy prices
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Yes sir, Indeed we areA yankee moved to secession? We are being overrun 🤨
On the lake murray Facebook page people are begging for houses to buy before they are listed. Crazy pricies
affordable houses on lake Murray have damn near doubled in 6 months forget finding anything liveable for under $600k
Houses on lake Murray have gone stupid. Buyers are paying $100k or more than ask site unseen for some properties. Since July a decent $400k house is now over $600k or more and there is 0 inventory. Dock approved Lots are bringing 50% more and shacks are now 350k and up if you can even find one. My friends bought their house for $139k in Chapin less than 2 years ago. 2400 sqft no granite no hardwoods, Vinyl siding in a “cookie cutter” neighborhood. It just went under contract for 272k. I understand wood is expensive, but that is insane.On the lake murray Facebook page people are begging for houses to buy before they are listed. Crazy prices
I would try Beaufort/Lady;s Island unless you have children in school. HHI and Bluffton prices are exploding. Beaufort is a bit more reasonable.Unless we can find an area in Florida we like. Which so far hasn't happened. It's likely my wife and I increase HHI's population by two.
Boggles my kind that people will leave one place they don’t like, go somewhere new, and then turn the new place into the place they left.
This is a big and illogical issue for sure. People vote idiots into office, don't like the government they elected and then move elsewhere only to repeat the same voting mistakes. I'd laugh about it...except that it has direct negative impact on me and my family. Charleston is starting to take on the northern mindset. It's a shame.
Thanks for the heads up.I would try Beaufort/Lady;s Island unless you have children in school. HHI and Bluffton prices are exploding. Beaufort is a bit more reasonable.
there was an enormous surplus of homes on the market in 20082008 happening all over again - be prepared
So did I (Hampton Park Area - Wagener Terrace) and we always called any caramel-colored soft drink a COKE!Dude....I grew up in Charleston...we always called it soda.
Homes are way more out of touch with salaries now than they were in 2008 so this one will be bigger. The ratio of Avg. Home Price to Avg. Salary is what, 3-4x higher than it was in 1975, a crash is needed.2008 happening all over again - be prepared
Preaching to the choir on cokes, that's what they've always been no matter what, but to be honest I wish somebody would set a quota or something. It's too damn crowded anymore.I don’t mind them coming but please shut the hell up about how you did it up there. Don’t try to make her there. Assimilate. Oh. And every soft drink is a coke , even if it is a Pepsi. It’s not soda or pop
My wife and I were replacing some equipment in our production facility today and had the radio on all day. At least a dozen times I heard an ad for no income verification home equity loans up to 90% of the current value. It’s almost like some people want 2008 all over again.2008 happening all over again - be prepared
US population today is 333 million vs. 219 million in 1975.Jasper County is filling up fast.
Homes are way more out of touch with salaries now than they were in 2008 so this one will be bigger. The ratio of Avg. Home Price to Avg. Salary is what, 3-4x higher than it was in 1975, a crash is needed.
The real problem is that there has been a national moratorium on foreclosures for over a year. 2.7 million mortgages are in forbearance nationally. It looks like about 25,000 homes in SC should have been foreclosed on last year, but were not. Governor McMaster and the Republican legislature also stopped properties sold at the county tax sales from being conveyed to the purchasers for an extra year. Of course there are lawsuits on that one, but the net result is that a lot of properties that should have been in the market are not. I would estimate at least 1,000 or so per county. Add it all up and a flood of available properties is on the horizon when the moratorium ends as the economy recovers. This is sure the depress the market to some degree.US population today is 333 million vs. 219 million in 1975.
U.S. Population 1950-2024
Chart and table of U.S. population from 1950 to 2024. United Nations projections are also included through the year 2100.www.macrotrends.net
Houses on lake Murray have gone stupid. Buyers are paying $100k or more than ask site unseen for some properties. Since July a decent $400k house is now over $600k or more and there is 0 inventory. Dock approved Lots are bringing 50% more and shacks are now 350k and up if you can even find one. My friends bought their house for $139k in Chapin less than 2 years ago. 2400 sqft no granite no hardwoods, Vinyl siding in a “cookie cutter” neighborhood. It just went under contract for 272k. I don’t
This is an interesting point. Obviously a nuance not happening in 2008.The real problem is that there has been a national moratorium on foreclosures for over a year. 2.7 million mortgages are in forbearance nationally. It looks like about 25,000 homes in SC should have been foreclosed on last year, but were not. Governor McMaster and the Republican legislature also stopped properties sold at the county tax sales from being conveyed to the purchasers for an extra year. Of course there are lawsuits on that one, but the net result is that a lot of properties that should have been in the market are not. I would estimate at least 1,000 or so per county. Add it all up and a flood of available properties is on the horizon when the moratorium ends as the economy recovers. This is sure the depress the market to some degree.
Interesting....I grew up in Charleston and never heard it called soda. It was only Coke and a pack of Nabs.Dude....I grew up in Charleston...we always called it soda.
I did that in 2009"Looking for a vacation home in a Buyer's Market." I like it...
Just no. Smdh. No self respecting southerner does that.Dude....I grew up in Charleston...we always called it soda.
My thought as well. Except, mortgage underwriting is tougher now because of rules put in place after 2008.2008 happening all over again - be prepared
If they were looking at Asheville they might as well just stayed in CaliforniaIt's all over...Erwin TN now has folks moving in from Carlifornia..Two of the couples I spoke with were looking at Asheville but decided to take a drive over to TN. They stopped in Erwin and fell in love with the small mountain town. Our houses are on the market only for a couple of days.
I am a real estate investor as well...Hedge Funds, Investors, Corporate institutions are buying up houses in bulk. It will come a time in the near future where an individual will have a hard time buying a home as the previous mentioned will want to rent you a home.
In hot areas, folks are selling homes but keeping the dirt. You get a 99 year lease on the land.
I left the stock market 20 years ago and invested in Real Estate only. It has paid off BIG TIME!!!
He must have been born after 1985. 🙂Just no. Smdh. No self respecting southerner does that.
BS....and I'm probably older than you.Just no. Smdh. No self respecting southerner does that.
I grew up in Berkeley county '60s-'70s. Lots of people called it soda...as well as coke/pepsi. There was also something called a soda fountain. Guess you grew up in Pelion?He must have been born after 1985. 🙂
Dunno why that area is popular. Anything along the coast is ground zero for hurricanes. Unless they haven't been through that kind of tragedy and misery.I would try Beaufort/Lady;s Island unless you have children in school. HHI and Bluffton prices are exploding. Beaufort is a bit more reasonable.
My friends who lime at HHI are from ...... Ohio!Are you from Ohio?
I enjoy the brackish air coming off the river, spanish moss swaying in the breeze, kayaking on the May and Okatie Rivers, very mild winters, fresh seafood, great restaurants and a completely laid back lifestyle. Fortunately we haven't had any bad hurricanes this far down in the lowcountry We also don't have nearly as many yellowjackets as the rest of the state. But everyone likes different things.Dunno why that area is popular. Anything along the coast is ground zero for hurricanes. Unless they haven't been through that kind of tragedy and misery.
I also contend having lived in the midlands and the lowcountry, the midlands is better for humidity/bugs annoyances. The only thing I saw more of in the midlands was black widow spiders...and I don't know why.
Yeah the traffic is just what gets me. I worked long shifts so I didn’t get off work til 8, but if I had to leave at 5 I’d rather just stay in the office an extra hour instead of traffic. Not an issue at this time in Beaufort.Thanks for the heads up.
So far, what we want on HHI is still "affordable". Similar properties in Bluffton are going for about $100k less than the same condo on HHI.
And if there is an accident at the bridge coming off the island, you will spend at least an hour in traffic....regardless how bad the accident is.Yeah the traffic is just what gets me. I worked long shifts so I didn’t get off work til 8, but if I had to leave at 5 I’d rather just stay in the office an extra hour instead of traffic. Not an issue at this time in Beaufort.
Schools aren’t too bad in Beaufort- Montessori and Charter schools available-well end up doing the Beaufort High system-lady’s island is getting busy, considering buying land on St Helena because I guess in 10 years it’ll start to get developed like Lady’s.I would try Beaufort/Lady;s Island unless you have children in school. HHI and Bluffton prices are exploding. Beaufort is a bit more reasonable.