Thursday, April 29, 2010
5 Costly Mistakes First-Time Buyers Make
5 Costly Mistakes First-Time Buyers Make
Buying a first home can be a daunting experience. Here are five common and costly mistakes that novice home buyers make:
1. Ignoring the costs of having a low credit score. Lower-score borrowers pay thousands of dollars in increased interest rates over the life of the loan.
2. Muddying the waters by shopping for other things before closing. Lenders continue to check credit scores right up until the time of closing. Too much shopping could cause the lender to take back the loan.
3. Scrimping on an inspection. Being surprised by the need for expensive repairs can be financially devastating.
4. Buying without contingencies. Buyers should give themselves an out if the inspection turns up problems or the bank raises the interest rates.
5. No money for insurance. Insurance can be surprisingly pricey. Buyers who don’t budget for it can face a nasty surprise.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: CNNMoney.com, Les Christie (04/19/2010)
Tuesday, April 27, 2010
First-Time Home Buyers, Sellers Optimistic
First-Time Home Buyers, Sellers Optimistic
More than 48 percent of first-time buyers expect home prices to increase by this time next year, according to a survey by Century 21 Real Estate.
The survey posed questions to people who had bought or sold a home in the last year.
Sixty percent of first-time home buyers say they didn’t understand the process of buying a home, and more than 85 percent of both first-time buyers and sellers said that using a real estate professional was important.
The top three skills valued in a real estate professional by both buyers and sellers were knowledge of the area, trustworthiness, and responsiveness.
More than 80 percent of buyers believe now is a good time to buy a home. First-time home buyers rated these three factors as the most influential in their decision:
• Current housing prices: 66 percent
• Home Buyer tax credit: 63 percent
• Low loan rates: 60 percent
In choosing a home, 95 percent of first-time home buyers thought price was the most important consideration, but 90 percent were also very concerned about neighborhood safety.
About 54 percent of first-time sellers think home prices are more affordable now than they were this time last year, and 50 percent were selling because they were purchasing a property they saw as more attractive and better suited to their needs.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: Century 21 Real Estate LLC (04/21/2010)
Monday, April 26, 2010
Home Sales Rise on Tax Credit, Favorable Market
Home Sales Rise on Tax Credit, Favorable Market
Buyers responding to the home buyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of REALTORS®.
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million units in March from 5.01 million in February, and are 16.1 percent above the 4.61 million-unit level in March 2009.
Lawrence Yun, NAR chief economist, said it is encouraging to see a broad home sales recovery in nearly every part of the country, with two important underlying trends. “Sales have been above year-ago levels for nine straight months, and inventory has trended down from year-ago levels for 20 months running,” he said. “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization in home prices. This is preserving perhaps $1 trillion in largely middle-class housing wealth that may have been wiped out without the housing stimulus measure.”
Rise in Inventories, Prices
Total housing inventory at the end of March rose 1.5 percent to 3.58 million existing homes available for sale, which represents an 8.0-month supply at the current sales pace, down from an 8.5-month supply in February. Raw unsold inventory is 1.8 percent below a year ago, and is 21.7 percent below the record of 4.58 million in July 2008.
“Foreclosures have been feeding into the inventory pipeline at a fairly steady pace and are being absorbed manageably,” Yun said. “In fact, foreclosures are selling quickly, especially in the lower-price ranges that are attractive to first-time home buyers.”
A parallel NAR practitioner survey shows first-time buyers purchased 44 percent of homes in March, up from 42 percent in February. Investors accounted for 19 percent of transactions in March, unchanged from February; the remaining sales were to repeat buyers. All-cash sales remain elevated at 27 percent in March, the same as in February.
The national median existing-home price for all housing types was $170,700 in March, up 0.4 percent from March 2009. Distressed homes, typically sold at a 15 percent discount, accounted for 35 percent of sales last month – unchanged from February.
“With home values stabilizing, a revival in home buying confidence will likely help the housing market get back on its feet even as the tax credit impact disappears,” Yun said.
A Great Time to Buy
NAR President Vicki Cox Golder said buying conditions are in near-perfect alignment. “Even with tougher loan standards, historically low mortgage interest rates with affordable prices and a sense that the market is turning have created optimal conditions in much of the country,” she said.
“With the fast-approaching April 30 deadline to get a contract in place for the tax credit, REALTORS® are working harder than ever to negotiate transactions, arrange services and complete paperwork,” Golder said. “Because many repeat buyers need to sell their current home first, many will be purchasing later without the tax credit but now have the benefit of a more buoyant housing market.”
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage dipped to 4.97 percent in March from 4.99 percent in February; the rate was 5.00 percent in March 2009.
Single-family home sales rose 7.3 percent to a seasonally adjusted annual rate of 4.68 million in March from a level of 4.36 million in February, and are 13.3 percent above the 4.13 million level a year ago. The median existing single-family home price was $170,700 in March, up 0.6 percent from March 2009.
Regional, Metro Area Performances
Single-family median prices rose in 14 out of 20 metropolitan statistical areas reported in March in comparison with a year earlier. Five metro areas experienced double-digit increases, including San Diego, St. Louis, and Boston.
Existing condominium and co-op sales increased 3.1 percent to a seasonally adjusted annual rate of 670,000 in March from 650,000 in February, and are 39.3 percent higher than the 481,000-unit level in March 2009. The median existing condo price was $170,600 in March, which is 0.7 percent below a year ago.
Regionally, existing-home sales in the Northeast increased 6.0 percent to an annual level of 890,000 in March and are 25.4 percent higher than a year ago. The median price in the Northeast was $249,800, up 8.9 percent from March 2009.
Existing-home sales in the Midwest rose 7.2 percent in March to a pace of 1.19 million and are 15.5 percent above March 2009. The median price in the Midwest was $139,300, up 0.2 percent from a year ago.
In the South, existing-home sales increased 7.1 percent to an annual level of 1.97 million in March and are 13.9 percent higher than a year ago. The median price in the South was $154,800, up 5.2 percent from March 2009.
Existing-home sales in the West rose 6.6 percent to an annual rate of 1.30 million in March and are 14.0 percent above March 2009. The median price in the West was $209,400, down 7.9 percent from a year ago.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: NAR
Sunday, April 25, 2010
More Single Buyers Opt for Suburbs
More Single Buyers Opt for Suburbs
More singles are buying homes in suburbia, reports Coldwell Banker, which conducted a nationwide survey of single home owners on the factors that motivated them to buy.
Here are some figures that reflect the reasoning behind their choices:
1. 52 percent chose the suburbs over urban or rural areas.
2. 53 percent of single home owners said they purchased a home because it was a better deal than renting.
3. 68 percent chose a home priced lower than they could afford.
4. Of the 13 percent who own their home jointly with another person, 49 percent made the purchase with their parents.
5. 55 percent have less than a 30-minute commute to work.
6. 40 percent live within 30 minutes of their parents or extended family.
7. 27 percent of women thought the number of bedrooms were important.
8. Only 18 percent of men felt the same way.
9. 38 percent of men would consider buying a foreclosure, while only 29 percent of women would consider one.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com/
Source: Coldwell Banker (04/14/2010)
Saturday, April 24, 2010
6 Days Left to Take Advantage of Homebuyer Tax Credit
HOMEBUYER TAX CREDIT SUMMARY
There are only 6 days left for home buyers to take advantage of the home buyer’s tax credit. You must have a home under contract by April 30th and close by June 30th. Below are the details of the tax credit.
1. Extend through April 30, 2010 the tax credit for first-time homebuyers (up to $8,000 or up to 10 percent of the purchase price of the residence), allowing 60 days to close, provided that the homes are under a binding contract by that date; and provide homebuyer tax credit of up to $6,500 to owners who have been in the same principal residence for five consecutive years during the previous eight years.
2. Increase the income limitations to $125,000 for individuals and $225,000 for joint filers.
3. Phase out the credit for individuals with incomes above $125,000 for individuals and $225,000 for joint filers at the same rate as current law (over the next $20,000).
4. Limit the credit to purchases of principal residences equal to or less than $800,000.
5. Eliminate the 36-month recapture requirement for military personnel, including members of the Foreign Service and intelligence community, forced to sell as a result of an official extended duty of service.
6. Extend the tax credit for one year for military personnel serving outside the United States for at least 90 days in 2009 or 2010.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
Friday, April 23, 2010
Barrier Island Eco Tours at the Isle of Palms Marina
Barrier Island Eco Tours at the Isle of Palms Marina
These are naturalist guided boat excursions from the Isle of Palms Marina to Capers Island. Barrier Island Eco tours offer 6, 16, 22, and 40 passenger boats. These are customized excursions that are an excellent choice for families, groups of families, corporate group, wedding parties, etc. Below are the types of tours Barrier Island Eco tours offers.
Wildlife Exploration is a 3.5 hour tour where you cruise through winding tidal creeks to find diverse wildlife living in the salt marsh habitat. Along the way they use nets and traps to give you an up close look at the creatures that live below the water. When you arrive to Capers Island you are free to roma the beach and the pristine freshwater ponds.
Dolphin Discovery Sunset is a 2.5 hour tour with a naturalist on a search and discovery mission to find the bottle-nosed dolphin in its native habitat. This trip includes a stop on Capers Island to learn about the loggerhead sea turtle.
Blue Crabbing Excursion is a 3.5 hour tour where you pull crab traps and learn the intriguing life history of blue crabs and stone crabs. Next you will get off the boat and catch crabs the old fashioned way with hand lines and bait. You cook and eat your catch on the beach.
All Inclusive Island Fun Tour is a 5 hour tour through the winding salt marsh creeks to the remote end of Capers Island where you take a guided walking tour with a naturalist. There is equipment available to crab, kayak, fish, swim, or to be a beachcomber on your own secluded spot. A grilled lunch is provided.
Creek Fishing is a 3.5 out trip with an experienced Captain who will take you to some of his hot spots to fish for trout, redfish, lady fish, shark, whiting, and more.
For additional information call 843-886-5000, or visit http://www.nature-touts.com
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Thursday, April 22, 2010
Single-Women Home Buyers: A Growing Segment
Single-Women Home Buyers: A Growing Segment
In the summer of 2009, NAR Research surveyed recent home buyers about their experience with the home search process, and the use of real estate professionals in purchasing a home.
Results of that survey show that a significant share of home buyers are single women. Indeed, the percentage of single-women buyers has increased from 14 percent in 1995 to 21 percent in 2009. These home purchasers account for the second largest share of adult households who purchase homes. Single females make up one-quarter of the first-time buyer population and 17 percent of the repeat buyer population. We look at some results below from the most recent Profile to get a better description of who single women buyers are.
Single Female Home Buyers
The median age of all home buyers was 39 years old, compared to 41 for single female buyers. Among single-female buyers, 58 percent were first-time home buyers in 2009, compared to 47 percent of all home buyers. The median household income for single-women home buyers was lower than that of all other homebuyer household types. Single females reported a median household income of $47,900 in 2008 compared to $73,100 among all home buying households. This difference in household income should not be completely surprising as 68 percent of home buying households are couples – and so perhaps likely to have two income earners. The difference in median income for single women households compared to those for single men is less striking—single men typically made $53,700 in 2008. Additionally, single women households are less likely to have children living at home than couples. Results from the survey show that 22 percent of single women home buyers have children at home, while 38 percent of all home buyers have children at home.
What They Buy
While the majority of single female buyers purchase a single-family home, single female households are more likely than other household types to purchase an apartment/condominium or a townhouse/rowhouse. One in four single female buyers purchase a house in an urban area/central city, which is a higher percentage compared to all other household compositions except single males. Still, the majority of single female home buyers purchase a home in the suburbs, similar to all buyers. Single female buyers are more likely to purchase an existing home than are other buyers. This makes the role of a real estate professional even more important to single female buyers. Only 14 percent of single female buyers purchased a new home compared to 18 percent of all buyers. Single female buyers also tend to purchase smaller homes, typically buying homes that are 1,480 square feet in size compared to the median size of 1,800 square feet purchased among all buyers. Once single females found the home they purchased, they expect to live there for 10 years.
Why They Buy
More than one-third of all home buyers buy a home for the desire to own. This has been the most cited reason consistently for the last several years, but it is even truer of single female buyers. Nearly half of single female buyers purchase a home because they have a desire to own a home. The second most cited reason for single female buyers in choosing to purchase a home is a change in family situation—13 percent of single female buyers purchase for this reason, compared to 9 percent of all buyers.
In comparison to other household types, single female buyers are more likely to have lived with parents, relatives or friends before buying their own residence, 20 percent compared to 12 percent of all buyers. Single female buyers are also more likely to rent an apartment or house before buying their own place compared to all buyers. Both previous living situations are related to the large share of single female buyers being first-time buyers.
Real Estate Professionals and the Home Search
When single female buyers first start to look for a home they contacted a real estate agent, contacted a mortgage broker or talked with a friend or relative more frequently than did other buyers. While 87 percent of single females use the Internet in their home search, a slightly larger percentage – 89 percent -- use a real estate agent. Real estate agents are a trusted resource that single female buyers turn to during their home search. A larger share of single female home buyers first find the home they purchased from their agent compared to all buyers – 40 percent vs. 36 percent, respectively. Underscoring the importance of the real estate agent to single women buyers is the fact that a higher share of single females purchased their home through a real estate agent than through any other source: 79 percent compared to 77 percent of all buyers.Single women buyers, like all other buyers, most want their agent to help them find the right home to purchase, but they place more importance than other buyers on their agent helping them negotiate the terms of sale. Similar to all buyers, single women place a high importance on honesty and integrity in their agent and knowledge of the purchase process.
Home Financing
Single female buyers are similar to all buyers when it comes to financing their home purchase. However, there are some differences. Similar to all buyers, about nine in ten finance their home purchase through a mortgage, and the majority use savings as the source of their down payment. A higher share of single female buyers receive a gift from a friend or relative as a down payment source compared to other buyers, and a smaller share use proceeds from the sale of their primary residence.Despite record high housing affordability conditions, buyers are still making sacrifices to purchase homes and this is also the case for female home buyers. Single females are more likely than other buyers to have cut spending on luxury items, entertainment, and clothes in order to be able to purchase a home. Nearly nine in ten single females believe their home was a good financial investment.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
By Jessica Lautz, Research Economist
Wednesday, April 21, 2010
Old Santee Canal Park in Moncks Corner South Carolina
Old Santee Canal Park in Moncks Corner South Carolina
America's first summit canal, the Santee Canal, began operating in 1800. It was considered one of the crowning engineering achievements and economic development projects of its day. Before the canal opened, crops from the fertile uplands were shipped overland by wagon or floated down the Santee River into the Atlantic and along the coast to the busy port of Charleston. The business and political leaders of Charleston realized that a better route needed to be established in order to compete against rival seaports.
Construction began in 1793 under the supervision of Col. Christian Senf, a Swedish-born engineer who had served with Hessian troops during the Revolution. Over 700 laborers worked for seven years with picks and shovels to complete the project.
The finished canal was 22 miles long, 35 ft. wide and 5 1/2 ft. deep. It was completed at a cost of $650,667.14. The canal was designed to handle a 34-ft. rise through three locks and a 69 ft. fall through seven more for a net difference of 35 ft. between the two rivers.
Most of the canal now lies beneath the waters of Lake Moultrie. On private property, some of the upper portions of the waterway are still visible, where boats entered from the Santee and the southernmost sections, which joined the headway of the Cooper River at Biggin Creek.
Old Santee Canal Park is centered where the southernmost section of the canal enters the quiet waters of Biggin Creek and the surrounding swamps
Hours are 9:00 AM to 5:00 PM daily.
Admission is charged at the Gate. Admission includes the Berkeley County Museum and Heritage Center along with the Stoney Landing House.
The Gates to Old Santee Canal Parks are closed at 5:00 PM.
Old Santee Canal Park is located at 900 Stoney Landing Road in Moncks Corner, South Carolina. For more information call 843-899-5200, or visit http://www.oldsanteecanalpark.org/
Driving directions from Charleston, South Carolina:
Take Interstate 26 westbound until the 209A exit (Goose Creek/Moncks Corner) Hwy 52. Continue on Hwy 52 though North Charleston and Goose Creek. Upon entering Moncks Corner go straight through the traffic signal at the CVS Pharmacy and the Berkeley County Administration Building. ( R. C. Dennis Blvd). Turn right at the 2nd traffic signal onto Stony Landing Road. (Home Telephone Co. is on the left). The park is located at the end of the road past Berkeley Intermediate School and Roper Berkeley Hospital.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com/
Tuesday, April 20, 2010
The Audubon Center at Francis Beidler Forest
The Audubon Center at Francis Beidler Forest
Savor the Lowcountry’s authentic swamp experience with a visit to the Francis Beidler Forest. Located in Four Holes Swamp and off the beaten path, this unique sanctuary allows visitors to see one of South Carolina’s premier natural sites.
The 1.75 mile boardwalk winds among ancient Bald Cypress trees, deep into the heart of the forest. Come experience the melodies of colorful songbirds and the timelessness of the world’s largest remaining stand of virgin Bald Cypress – Tupelo Gum swamp.
The Audubon Center at Francis Beidler Forest is home to an array of unique animals and plants. Over three hundred species of mammals, birds, reptiles, and fish call this sanctuary home.
Within the Francis Beidler Forest lie 1,800 acres of old growth Bald Cypress – Tupelo Gum swamp forest. Once common throughout the Lowcountry, the meandering blackwater streams and towering thousand year old Bald Cypress trees provide visitors a glimpse of South Carolina long past.
General Information
1. Canoe trips, night walks, and other activities are available by reservation.
2. Meeting facilities are available.
3. Gift Shop
4. Picnic Area
5. Wheel chair accessible
6. No camping
7. No pets allowed (free kennel)
8. Open Tuesday through Sunday from 9:00 AM to 5:00 PM
9. Admission: adults $8.00, Audubon members and senior citizens $7.00, children 6 -12 $4.00, and children under 6 are free.
Directions
From Charleston take I-26 West to exit 187 (St. George / Ridgeville exit) and follow the “Beidler Forest signs.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Monday, April 19, 2010
Interest in Owning a Home Remains Strong
Interest in Owning a Home Remains Strong
Interest in purchasing a home as an investment has more than tripled in the last year, according to a survey released today by Move Inc., which operates Move.com and REALTOR.com.
More than 17 percent of potential home buyers say they plan to purchase a home in the near future as an investment, compared to just 5.6 percent in March 2009, the survey found.
Owning a residence in remains a goal for many more potential buyers:
• 21 percent of consumers report they plan to purchase a home in the next 12 months to five years.
• 7.9 percent plan to purchase in the next two years.
• 49 percent of all home owners would buy another home today if they could sell the one they currently own for what they paid for it.
Of those planning to purchase a home in the near future, 50.7 percent are first-time buyers. About 55 percent of potential first-time buyers are men.
While access to financing is important, many buyers plan to use cash to make real estate purchase:
• 12.3 percent of Americans planning to purchase investment property in the near future say they will pay for the property using 100 percent cash.
• 12.8 percent will use cash for more than 50 percent of the purchase price and finance the rest.
• 49.2 percent say they will buy the property with less than 50 percent cash down and finance the remainder.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: Move Inc. (04/13/2010)
Sunday, April 18, 2010
Folly Beach Edwin S. Taylor Fishing Pier
Folly Beach Edwin S. Taylor Fishing Pier
Fishing, walking, birding, and the opportunity to enjoy breathtaking views of the Atlantic Ocean and the "Edge of America" are just some of the possibilities at the Edwin S. Taylor Folly Beach Fishing Pier, where you can find some of the best saltwater fishing in the area.
The Edwin S. Taylor Folly Beach Fishing Pier is a breathtaking landmark that stretches 1,045 feet into the sparkling waters of the Atlantic Ocean. At 25-feet wide and 23-feet above sea level, the pier is the second longest on the east coast and offers not only spectacular views, but a variety of fishing tournaments, special events, and dining.
Folly Beach Pier Features
1. 7,500 sq. ft. diamond-shaped platform
2. Full-service restaurant, Locklear’s Beach City Grill
3. Special events & tournaments
4. Rod rentals
5. Restrooms (handicap-accessible)6. Gangplank Gift & Tackle Shop7. Beach access/showers
Folly Beach Pier Hours of Operation
January and February 8:00 AM to 5:00 PM
March 7:00 AM to 7:00 PM
April – October 6:00 AM to 11:00 PM
November 7:00 AM to 7:00 PM
December 8:00 AM to 5:00 PM
Folly Beach Pier Fees:
Parking: $7.00
Daily fishing Pass: $8.00
King Mackerel Pass: $10.00, Charleston County Resident $5.00, children 12 and under $3.00
Rod rentals: $8.00 for 5 hours, $12.00 for whole day. There is a $25 deposit per rod.
Annual fishing passes are available.
For additional information contact 843-588-3474, or visit http://www.follyfishingpier.com
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Saturday, April 17, 2010
Mount Pleasant Pier
Mount Pleasant Pier
Located at the foot of the Arthur Ravenel, Jr. Bridge on the Charleston Harbor, the Mount Pleasant Pier is part of the Memorial Waterfront Park complex.
Mount Pleasant Pier features:
1. Fishing
2. Tackle sales and rod rentals
3. Made-to-order sandwiches, ice cream, and fresh-baked pastries at the River
4. Watch Cafe & Gift Shop
5. Breathtaking views of the Charleston harbor
6. Special events
7. Gifts and souvenirs
8. Swings, picnic tables, and rocking chairs
9. Restrooms
The Mount Pleasant Pier also offers a variety of special events throughout the year:
1. Shaggin' on the Cooper
2. Blugrass Under the Bridge
3. Cooper River Challenge Fishing Tournaments
4. Costumes on the Cooper
Mount Pleasant Pier Hours of Operation:
January and February 8:00 AM to 5:00 PM
March 7:00 AM to 7:00 PM
April – October 6:00 AM to 11:00 PM
November 7:00 AM to 7:00 PM
December 8:00 AM to 5:00 PM
Mount Pleasant Pier Fees:
Parking: metered, $0.50/hour
Daily fishing pass: $8.00, $5.00 for Charleston County resident, $3.00 for children 12 and older.
Rod rental: $8.00 for 5 hours, $12.00 per day, rod deposit of $25.
Annual fishing passes are available.
For additional information call 843-762-9946, or visit http://www.ccprc.com
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Friday, April 16, 2010
Explore African American History at Drayton Hall
Explore African American History at Drayton Hall
Drayton Hall located in the West Ashley neighborhood of Charleston South Carolina offers a unique opportunity to learn about African American history.
You must see the interactive presentation “Connections: From Africa to America”, which details African American history from the time of slavery through today. The program focuses on the connections and contributions of African Americans to American and Lowcountry culture.
The African American History Walking Tour will teach you about the development of the African slave trade and the formation of the Gullah culture. Discover the role African Americans played in developing Charleston from the wealth their labor produced to the decorative architectural details wrought by their skilled hands. Learn about the free black population that existed prior to emancipation. Learn about the era of segregation, along with the cilvil rights movement.
Visit Drayton Hall’s African American Cemetery known as the “Sacred Place”, the final resting place of many of the African Americans who lived and worked at Drayton Hall. There are 33 graves here.
Drayton Hall is located 9 miles northwest of downtown Historic Charleston on Highway 61. Drayton Hall is open daily except for major holidays. For additional information call 843-737-0654, or visit http://www.draytonhall.org
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Thursday, April 15, 2010
Drayton Hall’s presentation: “Connections: From Africa to America”
Drayton Hall’s presentation: “Connections: From Africa to America”
Connections: From Africa to America is presented daily at 11:15 AM, 1:115 PM and 3:15 PM in front of the Museum Shop.
Connections is a 45 minute interactive program about African American life. It traces the story of Africans from Africa to the new world, through slavery, and emancipation, and into the 20th century. The program focuses on the connections and contributions of African Americans to American culture. Your museum guide will present historical documents, photographs, audio recordings and artifacts from Africa, Drayton Hall, and other sources in order to bring to life and the dramatic story of African Americans.
Come and see this presentation for a unique glimpse into the lives of slaves and freedmen, and discover how African and European lifeways blended to create the rich Lowcounrty culture that exits today.
Drayton Hall is located 9 miles northwest of downtown Historic Charleston on Highway 61. Drayton Hall is open daily except for major holidays. For additional information call 843-737-0654, or visit http://www.draytonhall.org
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Wednesday, April 14, 2010
Charleston Harbor Airshow
Charleston Harbor Airshow
The Town of Mount Pleasant and the City of Charleston will co-sponsor the Charleston Harbor Airshow with the Blue Angels, the United States Navy Flight Demonstration Squad to perform over the Charleston Harbor and over the waterways between the two cities.
The event will be held during Navy Week on April 17 and April 18, 2010 beginning each day at 2:00 PM. The show is guaranteed to be a spectacular event with the Lowcountry as the backdrop.
For specific information about restrictions regarding boats during practices and the shows, go to homeport.uscg.mil/charleston
For additional information about the Blue Angels visit www.blueangels.navy.mil for more information.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Tuesday, April 13, 2010
Discover Drayton Hall
Discover Drayton Hall
Drayton Hall is located in the West Ashley neighborhood of Charleston South Carolina at 3380 Ashley River Road. Drayton Hall is the oldest preserved plantation house in America open to the public. Drayton Hall stands alone as the only authentic survivor of the Ashley River’s colonial past. Drayton Hall is intact and in near original condition.
Drayton hall is renowned for its Palladian inspired architecture and undisturbed historic landscaping. Drayton Hall is a living timeline representing centuries of change and continuity in the American south.
Things to do at Drayton Hall include House Tours on the hour, Connections: From Africa to America ( an interactive program that begins at 11:15 AM, 1:15 Pm, and 3:15 PM ), an African American Cemetery, the award wining DVD by the History Channel “Voices of Drayton Hall”, and an Artisan-Inspired Museum Shop.
Drayton Hall is located 9 miles northwest of downtown Historic Charleston on Highway 61. Drayton Hall is open daily except for major holidays. For additional information call 843-737-0654, or visit http://www.draytonhall.org
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Monday, April 12, 2010
The Angel Oak Park on Johns Island South Carolina
The Angel Oak Park on Johns Island South Carolina
Towering over 65 feet high, the Angel Oak has shaded John's Island, South Carolina, for over 1400 years, and would have sprouted 1000 years before Columbus' arrival in the New World. Recorded history traces the ownership of the live oak and surrounding land, back to the year 1717 when Abraham Waight received it as part of a small land grant. The tree stayed in the Waight family for four generations, and was part of a Marriage Settlement to Justus Angel and Martha Waight Tucker Angel.
In modern times, the Angel Oak has become the focal point of a public park. Today the live oak has a diameter of spread reaching 160 feet, a circumference of nearly 25 feet, and covers 17,100 square feet of ground. The Angel Oak is thought to be one of the oldest living things east of the Mississippi River. Acorns from the Angel Oak have grown to produce authentic direct-offspring trees. Live oaks generally grow out and not up, but the Angel Oak has had plenty of time to do both, standing 65 ft high and with a canopy providing 17,000 square feet of shade. Its limbs, the size of tree trunks themselves, are so large and heavy that some of them rest on the ground (some even drop underground for a few feet and then come back up), a feature common to only the very oldest live oaks. It has survived countless hurricanes, floods, earthquakes, and human interference, so there's a good chance it will still be there waiting for you.
The City of Charleston now owns Angel Oak. There is no charge to view the tree and is a must see when visiting Charleston, South Carolina. Angel Oak Park is open 9-5 daily.
Angel Oak Park is located At 3688 Angel Oak Road near the intersection of the Maybank Highway and Bohicket Road / Main Road on Johns Island, SC.
Driving Instructions
Take SC #171 (Folly Road) onto James Island. Just past the drawbridge, turn right onto Maybank Highway (SC #700). Go southwest on Maybank Highway 12.1 kilometers (7.5 miles), just past Bohicket Road and Main Road (#20). Look for Saint John's Episcopal Church on the left side of the road. Next to this church is Angel Oak Road (unpaved). Turn left and go east on this road until you see Angel Oak Park on the left.
For additional information call 843-559-3496, or visit http://www.angeloaktree.org
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Sunday, April 11, 2010
Cypress Gardens
Cypress Gardens
Welcome to Cypress Gardens, located Moncks Corner, South Carolina.
You don't have to travel far to experience the beauty and adventure of Berkeley County, South Carolina's own Cypress Gardens! Beautiful Cypress Gardens has been a preferred group and family destination since 1931. Visitors from all over the country come to experience this unique and exciting attraction, which has been featured in numerous national magazines.
Below are some of the things to do and see at Cypress Gardens:
1. Swamp Boat Rides. Nestled within a black water cypress swamp, Cypress Gardens offers thrilling swamp boat rides amidst wildlife, blooming azaleas, camellias and native flowers. You will experience rare, breathtaking views of mirrored reflections of tall cypress and tupelo trees.
2. Nature Trails. Explore our 3.5 miles of beautiful nature trails. The trails never offer the same experience twice! Each walk offers a new opportunity to see natural wildlife and view the area’s diverse natural beauty.
3. Butterfly House. Visit our unique Butterfly House, featuring over 12 species of butterflies flying freely among hundreds of flowers.
4. Swamparium. Enjoy a unique “up close” opportunity to view and study various species of fish, amphibians, and reptiles that call the swamp "home".
5. Educational Programs. Students and adults alike can enjoy a variety of hands-on educational programs, including fossil digs and swamp safari’s.
6. Gift Shop. Before you leave, don’t forget to stop by the gift shop.
7. Facility Rentals. Cypress Gardens also offers facility rentals to accommodate weddings, receptions, events and corporate outings.
A visit to Cypress Gardens will be an experience you will always treasure and remember! Cypress Gardens is located at 3030 Cypress Gardens Road which is between Goose Creek and Moncks Corner off of Highway 52. It is approximately 25 miles north of Charleston, SC. For additional information call 843-553-0515, or visit http://www.cypressgardens.info
Here are the directions from Charleston:
1. Take Interstate 26 West (toward Columbia)
2. Take Exit 209 A off of Interstate 26 West
3. Take Hwy 52 West towards Moncks Corner and Goose Creek
4. Travel approx. 6-7 miles on Hwy 52 West from the Interstate
5. Turn Right onto Cypress Gardens Road and follow to end.
Note: (if you take Exit 209 B by mistake, then turn left at Rivers Ave. which is actually Hwy 52 West.)
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Saturday, April 10, 2010
Bull Island, home of Cape Romain Wildlife Refuge Area
Bull Island, home of Cape Romain Wildlife Refuge Area
Established in 1932 as a migratory bird refuge, Cape Romain NWR encompasses a 22-mile segment of the southeast Atlantic coast. The refuge consists of 66, 267 acres which include a fascinating expanse of barrier islands, salt marshes, intricate coastal waterways, long sandy beaches, fresh and brackish water impoundments, sixteen miles of hiking trails, and maritime forest. Points of interest include Bulls Island, Cape Island, and Lighthouse Island where two lighthouses, no longer operational, still stand.
The refuge's original objectives were to preserve in public ownership habitat for waterfowl, shorebirds, the endangered Red Wolf, and resident species. In recent years, objectives have expanded to include: managing endangered species, protecting the 28,000 acre Class I Wilderness Area, and preserving the Bulls Island and Cape Island forests and their diverse plant communities. Currently, the refuge is actively working to aid the recovery of the threatened loggerhead sea turtle.
Getting to Cape Romain National Wildlife Refuge
The Refuge Headquarters and Sewee Visitor and Environmental Education Center, located 20 miles north of Charleston on US Highway 17, and Garris Landing (public boat landing) are the only mainland sites. As Cape Romain is a barrier island refuge, the remainder of the refuge is accessible only by boat. There is a public dock on the leeward side of Bulls Island suitable for craft 12 – 17 feet in length. The dock is first-come, first-serve. Large boats often anchor in Price’s Inlet, an inlet south of Bulls Island that separates Bulls Island and a state-owned island called Capers Island. Access to other refuge islands requires “beaching” of private boats. To provide public accessibility, the refuge contracts with a private company, Coastal Expeditions, Inc. to transport passengers from Garris Landing to Bulls Island (and other refuge islands according to demand).
Contact Costal Expeditions, Inc at 843-881-4582 or visit http://www.coastalexpeditions.com to get departure times and purchase tickets. Ticket prices: adults are $30 and children are $15.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Friday, April 9, 2010
Charleston Tea Plantation
Charleston Tea Plantation
Come to Wadmalaw Island for a visit to America’s only commercial tea farm. See the fresh tea leaves being collected from the field and transformed into beautiful black tea for the American Classic Tea.
You can take a trolley tour through the fields and observe hundreds of thousands of tea plants ( camellia sinensis ) in the fields as you stroll under Grand Oak trees. There also is a informative and educational factory tour to see up close the process of making tea. There are three giant TV’s where you will find a presentation on the complete tea making process. Visit the Tea Shoppe to taste and purchase American Classic Tea and other fine items.
Charleston Tea Plantation is open 7 days a week with the exception of a few holidays. The Charleston Tea Plantation is located at 6617 Maybank Highway, Wadmalaw Island, South Carolina. For more information call 843-559-0383, or visit http://www.charlestonteaplantation.com/
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com/
Thursday, April 8, 2010
Edmondston – Alston House at 21 East Battery, Charleston, South Carolina
Edmondston – Alston House at 21 East Battery, Charleston, South Carolina
Of Charleston’s many fine house museums, only the Edmondson – Alston ( constructed in 1825 and renovated in 1838) commands magnificent views of the Charleston harbor. Form its piazzas General P. T. Beauregard watched the fierce bombardment of Fort Sumter on April 12, 1861 which signaled the start of the Civil War. December 11th the same year the home gave refuge to General Robert E. Lee the night a fire threatened his safety in a hotel where he was staying.
The house was built in the late Federal style by Scottish shipping merchant Charles Edmondston at the height of his commercial success. A decade later, during an economic reversal known as “The Panic of 1837” Edmondston sold the home to Charles Alston. Altson quickly began to update the home in the Greek Revival style. The home has remained in the Alston family since that time.
This home is managed by the Middleton Place Foundation. Tours are offered Tuesday through Saturday from 10:00 AM to 4:30 PM and Sunday and Monday from 1:30 PM to 4:30 PM. For more information call 843-722-7171, or visit http://www.middletonplace.org/
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com/
Wednesday, April 7, 2010
H. L Hunley Submarine Tour
H. L Hunley Submarine Tour
The H. L. Hunley was the world’s first successful combat submarine in 1864 when she sank the USS Houstonic. Lost for over a century she was raised from the sea in 2000. Now scientists are working to solve the mystery disappearance after sinking the USS Houstonic.
You can observe the Hunley in her 90,000 gallon conservation tank. On display are artifacts found during the exaction of the submarine, including the legendary gold coin that saved the Hunley Captain’s life. You can crank and enter a Hunley replica. The gift shop has many Hunley and Confederate Civil War items.
Tours are held on weekends, 10 AM to 5 PM on Saturdays and 12 PM to 5 PM on Sundays. For tickets call 1-877-4Hunley, or visit http://www.HUNLEY.org . Walk up tickets are available.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Tuesday, April 6, 2010
Vacation-Home Sales Increased in 2009
Vacation-Home Sales Increased in 2009
Vacation-home sales recovered in 2009 while investment sales fell sharply, according to the National Association of REALTORS®.
NAR’s 2010 "Investment and Vacation Home Buyers Survey," covering existing- and new-home transactions in 2009, shows vacation-home sales rose 7.9 percent to 553,000 last year from 513,000 in 2008, while investment-home sales fell 15.9 percent to 940,000 in 2009 from 1.12 million in 2008. Primary residence sales rose 7.1 percent to 4.04 million in 2009 from 3.77 million in 2008.
NAR Chief Economist Lawrence Yun said, “The typical vacation-home buyer is making a lifestyle choice, with nine out of 10 saying they intend to use the property for vacations or as a family retreat. Investment buyers primarily seek rental income, with six in 10 planning to rent to others, although one in five wants a family member, friend, or relative to use the home.”
Half of vacation homes purchased last year were in the South, 21 percent in the West, 17 percent in the Midwest and 12 percent in the Northeast. Seven out of 10 were detached single-family homes.
The distribution of investment sales was fairly close to the distribution of population: 35 percent in the South, 25 percent in the West, 24 percent in the Midwest and 16 percent in the Northeast. There was a higher share of condos in investment sales: 27 percent of investment homes were condos vs. 21 percent of vacation homes.
Here is a breakdown of statistics from the survey:
Vacation-Home Buyers
1. Only one in four vacation-home buyers plan to rent their properties to others.
2. 26 percent of vacation-home buyers intend to use the property as a primary residence in the future.
3. The vacation-home market share rose a percentage point to 10 percent.
4. The median transaction price of a vacation home was $169,000 in 2009, compared with $150,000 in 2008.
5. Three out of 10 vacation-home buyers in 2009 paid cash for their properties.
6. The typical vacation-home buyer in 2009 was 46 years old, had a median household income of $87,500, and purchased a property that was a median distance of 348 miles from their primary residence.
Investment-Home Buyers
1. One in five investment buyers plan to use their homes for vacations or as a family retreat.
2. 8 percent of investment buyers intend to use the property as a primary residence in the
future.
3. The market share of homes purchased for investment was 17 percent in 2009, down from 21 percent in 2008.
4. The total share of second homes declined from 30 percent of sales in 2008 to 27 percent in 2009.
5. The median investment property sold for $105,000 last year, down 2.8 percent from $108,000 in 2008.
6. Half of investment buyers paid cash.
7. Investment-home buyers last year had a median age of 45, earned $87,200, and bought a home that was relatively close to their primary residence – a median distance of 24 miles.
8. Roughly one in four investment buyers purchased more than one property in 2009.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: NAR
Monday, April 5, 2010
Unemployment Keeps Recovery at Bay
Unemployment Keeps Recovery at Bay
The jobs report released Friday by the U.S. Department of Labor shows that the nation’s labor market continues to be weak. While employers added 162,000 jobs in March, the largest gain since 2007, about 48,000 of them were temporary positions working for the Census. The unemployment rate held steady at 9.7 percent.
This situation has a serious impact on the housing market because people without jobs don’t buy houses, and some of the unemployed will be unable to pay their mortgages.
The Mortgage Bankers Association’s quarterly survey suggests that early-stage mortgage delinquencies may have already peaked — a good sign. Nevertheless, the pool of seriously delinquent loans continues to grow.
Freddie Mac Chief Economist Frank Nothaft is optimistic, but he warns, “Because of foreclosure moratoria, judicial backlogs, and [modification] trial periods, many loans are languishing either in late-stage delinquency or in the foreclosure process and could add to [bank-owned] inventories in the coming year.”
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: The Wall Street Journal, Nick Timiraos (04/02/2010)
Sunday, April 4, 2010
6 Key Features of the New Housing Rescue Plan
6 Key Features of the New Housing Rescue Plan
The government’s newest housing rescue effort, which was announced Friday, includes these key tenets:
1. As much as $14 billion of the Troubled Asset Relief Program (TARP) will be made available to pay for writing down second liens for loans whose borrowers refinance through the Federal Housing Administration.
2. Lenders that facilitate refinances through the FHA will be required to write down the principal of the first mortgage by at least 10 percent so the home owner has a loan-to-value ratio no higher than 97.75 percent.
3. Lenders of second liens will be offered incentives of 10 cents to 21 cents per dollar of principal they write down in connection with an FHA refinance.
4. Borrowers who lose their jobs can apply to have their mortgage payments reduced for three to six months while they search for a new job.
5. Borrowers with a payment still greater than 31 percent of income after they find a job will be considered for a permanent loan modification.
6. To encourage more short sales and “deed in lieu” of foreclosure transactions in which the lender settles the loan for less than is owed, the government will double assistance to borrowers to $3,000 and increase incentives to subordinate lien holders and investors to $6,000.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Source: Reuters News (03/26/2010)
Saturday, April 3, 2010
Charleston’s South Carolina Aquarium Sustainable Seafood Initiative
Charleston’s South Carolina Aquarium Sustainable Seafood Initiative
Designed to promote the use of local and sustainable seafood in South Carolina’s restaurants, the Sustainable Seafood Initiative helps ensure that consumers have fish for the future by teaching our partner chefs about sustainable and local seafood, assessing their menus, and encouraging consumers to dine at our partner restaurants. The Sustainable Seafood Initiative is guided by an interdisciplinary and diverse Steering Committee ensuring that the program pragmatically balances the needs of the environment with the world population’s need for seafood. We believe that we can lessen the impact we have on the oceans by making wise seafood choices and encouraging improvement of fishing and fish-farming methods.
For further information on ocean conservation and how to make environmentally friendly seafood choices visit: http://www.scaquarium.org/ssi
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com/
Friday, April 2, 2010
Charleston’s South Carolina Aquarium
Charleston’s South Carolina Aquarium
Charleston’s South Carolina Aquarium offers one of the most exciting sights to see on any South Carolina vacation. The South Carolina State Aquarium offers an amazing range of exhibits of aquatic animal and plant life from sharks to eels to fish and much more. Truly one of the best Charleston attractions for kids, the whole family will be amazed by the 15,000-gallon aquarium and two-story picture window displaying views of Charleston Harbor in the Great Hall.
Charleston’s South Carolina Aquarium is located in downtown Charleston at 100 Aquarium Warf, Charleston South Carolina 20401
To learn more about the South Carolina Aquarium in Charleston, South Carolina and current exhibits, or order tickets in advance go to http://www.scaquarium.com
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.carolinajoe.com
Thursday, April 1, 2010
Boone Hall Plantation and Gardens
Boone Hall Plantation and Gardens
Boone Hall Plantation is one of America's oldest still working plantations, continually growing crops for over 320 years. Boone Hall Farms is the present day agricultural arm that operates this part of the plantation. April to June, strawberries are the centerpiece at Boone Hall Farms. The annual Lowcountry Strawberry Festival caps off the peak of each season and thousands of pounds of strawberries are picked from Boone Hall Farms U-Pick fields. Spring planting annually includes tomatoes, squash, cucumbers, watermelons, and sweet corn. These crops are harvested throughout the summer months during the peak of the South Carolina growing season. Plans are presently underway to expand the tomato crop rotation that will produce deep into the fall growing season along with the pumpkin crop. Boone Hall Farms Market opened its doors in 2006 as an outlet for crops that come off the farm as well as featuring other fresh local South Carolina grown produce. This market is open throughout the year and additionally features a variety of other food products, a market cafe, fresh local seafood, and a floral/gift shop.
SCHEDULE OF EVENTS - 2010
St. Andrews Episcopal Easter Service April 4, 2010
Lowcountry Strawberry Festival April 17-18, 2010
Boone Hall Beach Blast June 26, 2010
Summer Concert Series TBA
Boone Hall Barbecue Championship andBluegrass Festival Sept. 5, 2010
Scottish Games Sept. 18, 2010
Taste Of Charleston Oct. 10, 2010
Pumpkin Patch & Fright Nights Oct. 1-31, 2010
Living History Field Trip Day For Schools Nov. 12, 2010
Battle Of Secessionville Nov. 13-14, 2010
Wine Under The Oaks Dec. 5, 2010
Boone Hall Plantation Christmas TBA
Location
Boone Hall Plantation is located 8 miles from Downtown Charleston, SC at 1235 Long Point Road, Mt. Pleasant, SC 29464. For more information call (843)-884-4371, or go to http://www.boonehallplantation.com
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions.
To look for Charleston SC Real Estate homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,"Carolina Joe" Idlemanhttp://www.carolinajoe.com