Thursday, January 26, 2017

Thursday's Listing Updates

Thursday's Listing Updates from Brian OShea

Below you will find some listings that you may be interested in. If you like anything you see, don't hesitate to email or call with your questions.

Brian J O'Shea

Team O'Shea at The Boulevard Co.
Office Phone: 843 882 5252
www.Wandohomes.com

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Oh, by the way, I'm never too busy for your referrals!

 

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SEARCH All Properties for sale in Mount Pleasant - $150,000 to $375,000, 3+ Beds, 0+ Baths
PRICE CHANGE
3 beds/2 baths
1257 Sq. Ft.
$175,000
ID #17002076 - Listing courtesy of Carolina One Real Estate

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3 beds/3 baths
1548 Sq. Ft.
$235,000
ID #17002279 - Listing courtesy of The Boulevard Company, LLC

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PRICE CHANGE
3 beds/3 baths
1505 Sq. Ft.
$239,900
ID #16028346 - Listing courtesy of RE/MAX Pro Realty

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PRICE CHANGE
3 beds/3 baths
1812 Sq. Ft.
$268,750
ID #16019427 - Listing courtesy of King and Society Real Estate

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4 beds/4 baths
1900 Sq. Ft.
$310,000
ID #17002117 - Listing courtesy of REMAX Alliance

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3 beds/2 baths
1530 Sq. Ft.
$325,000
ID #17002126 - Listing courtesy of Coldwell Banker Residential Brokerage

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PRICE CHANGE
3 beds/3 baths
1700 Sq. Ft.
$325,000
ID #17000380 - Listing courtesy of Carolina One Real Estate

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3 beds/2 baths
1608 Sq. Ft.
$329,000
ID #17002200 - Listing courtesy of Smith Spencer Real Estate

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PRICE CHANGE
3 beds/3 baths
1564 Sq. Ft.
$355,000
ID #16031228 - Listing courtesy of The Boulevard Company, LLC

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3 beds/3 baths
1720 Sq. Ft.
$355,000
ID #16027520 - Listing courtesy of BHHS Carolina Sun Real Estate

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PRICE CHANGE
3 beds/3 baths
1876 Sq. Ft.
$360,000
ID #17000046 - Listing courtesy of REMAX Alliance

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Real Estate News - January 2017

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Real Estate News January 2017

JUST LISTED in Mount Pleasant! Click Here for Virtual Tour!

Shadow Inventory: More Houses Will Soon Be Available for Sale
By Alexis Craig, RISMedia
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Image 1 All signs point to an improved housing market—home values are up by about 30 percent since 2012, they’re selling faster, and overall demand is high. But this recovery has led to a dramatic decrease in the overall housing inventory.  

Fortunately, there might be some relief from the shortage in sight. The inventory that has been hiding in the shadows for years is finally coming into the light. 

Why Is This Inventory Up for Sale?
With the improved market, it would be natural to think the impact of the housing crisis is over, but there are still some old foreclosures in the pipeline that are ready to pour over the dam of legislation and legal delays that have been holding them back.  

Banks and lenders are starting to make the final push to flush out homes in the foreclosure pipeline, resulting in a higher surge in repossession and REO listings. The backlog of foreclosed homes that was created by lengthy judicial reviews and long foreclosure timelines are entering the market in states like New York, Florida, New Jersey, Arkansas and Hawaii 

The possibility of new foreclosures in 2017 is also impacting the housing inventory estimates. In 2016 and beyond, many homeowners may find it difficult to make their mortgage payments as “resets” are rolled out. For example, the government’s Home Affordable Modification Program (HAMP) provided temporary relief to borrowers during the housing crisis, but that relief ended after five years. These payment resets will increase the loan payment for nearly 900,000 homeowners—some of whom will find it difficult to keep up with their mortgage in this sluggish economy.

HAMP isn’t the only program. It’s estimated that about two million modifications will face interest rate resets in the coming years, and a high percentage of those homes are in depressed markets with little to no equity in their homes.

What’s the Impact?
A backlog of foreclosures are finally available for sale, but there is likely to be a second wave of foreclosed homes since the foreclosure problem wasn’t solved, but delayed. You can expect REO listings and foreclosures to increase in the next coming years. How this impacts the real estate market largely depends on how fast these homes enter the market.

Must-Have Home Features? Think Long-Term
By Maria Patterson, RISMedia
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Image 2 When you’re considering purchasing a new home or adding a new feature to your existing home, it’s important to consider the long-term impacts of your choices.  

According to a recent report by Kiplinger, there are seven features that will help sell a home faster: a laundry room; exterior lighting; energy efficient appliances and windows; a patio; hardwood floors; garage storage space; and an eat-in kitchen.  

Conversely, some of the most unwanted features in a home, according to a National Association of Home Builders study, include a pet-washing station, an elevator and a wine cellar.
QUESTIONS? VISIT MY WEBSITE AT findahomeincharlestonsc.com
 

Showcase Properties


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1414 Dune Loft Villas
Johns Island, SC 29455
Beds: 3 Baths: 2
Price: $150,000
2786 Rutherford Way
Charleston, SC 29414
Beds: 3 Baths: 3
Price: $392,000
8024 Shadow Oak Drive
North Charleston, SC 29406
Beds: 2 Baths: 3
Price: $114,500
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Team OShea - The Boulevard Co | 35 Broad Street | Charleston | SC | 29451
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Tuesday, January 24, 2017

Tuesday's Listing Updates

Tuesday's Listing Updates from Brian OShea

Below you will find some listings that you may be interested in. If you like anything you see, don't hesitate to email or call with your questions.

Brian J O'Shea

Team O'Shea at The Boulevard Co.
Office Phone: 843 882 5252
www.Wandohomes.com

logo

Oh, by the way, I'm never too busy for your referrals!

 

Send an Email

SEARCH All Properties for sale in Isle of Palms - $400,000 to $2,250,000, 2+ Beds, Any Baths
PRICE CHANGE
2 beds/3 baths
1064 Sq. Ft.
$519,000
ID #16007613 - Listing courtesy of The Cassina Group

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FORECLOSURE
3 beds/3 baths
1250 Sq. Ft.
$529,900
ID #17001868 - Listing courtesy of Biggers Real Estate, Inc.

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3 beds/2 baths
1393 Sq. Ft.
$530,000
ID #17001585 - Listing courtesy of Matt O'Neill Real Estate

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2 beds/2 baths
1277 Sq. Ft.
$637,000
ID #17001992 - Listing courtesy of Dunes Properties of Chas Inc

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PRICE CHANGE
3 beds/2 baths
1429 Sq. Ft.
$875,000
ID #16026680 - Listing courtesy of Carroll Realty

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PRICE CHANGE
3 beds/4 baths
2505 Sq. Ft.
$899,000
ID #16015153 - Listing courtesy of AgentOwned Preferred Group

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PRICE CHANGE
4 beds/4 baths
3701 Sq. Ft.
$1,550,000
ID #16030588 - Listing courtesy of King and Society Real Estate

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PRICE CHANGE
5 beds/4 baths
3200 Sq. Ft.
$1,594,000
ID #16013155 - Listing courtesy of Keller Williams Realty Charleston

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PRICE CHANGE
5 beds/5 baths
3774 Sq. Ft.
$1,700,000
ID #16022720 - Listing courtesy of Carolina One Real Estate

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6 beds/5 baths
4094 Sq. Ft.
$1,950,000
ID #17001826 - Listing courtesy of Carolina One Real Estate

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6 beds/4 baths
2970 Sq. Ft.
$2,100,000
ID #17001568 - Listing courtesy of Dunes Properties of Chas Inc

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PRICE CHANGE
4 beds/5 baths
4135 Sq. Ft.
$2,124,999
ID #16027340 - Listing courtesy of Keller Williams Realty Charleston

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This message was sent on behalf of Brian OShea at Team OShea - The Boulevard Co. Some of the information in this email is copyrighted by the local Multiple Listing Service.

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