It's fitting that we take a moment to look back on this past month on Halloween, because it has been a creepy month for Realtors, with a mere 52 homes going under contract so far in October.
Before we go any further, this is not a gloom and doom post. All things considered, there are some encouraging signs to be found in Beaufort's real estate market.
There are several communities that have had real success in the area which ha e had great success selling new homes at the new price point. Liberty Point in Shell Point, which recently broke ground on its new homes, has placed five homes under contract in the past few months, in the $80 to $115 per square foot price point.
Somerset Point on Lady's Island has seen 17 homes go under contract this year, in the $98…
Tagged : Shell Point
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Beaufort Foreclosure Offers A Few Real Estate Lessons
There seems to be a lesson in every real estate transaction these days.
We had some buyers fall in love recently with a house in the Shell Point area of Beaufort. Shell Point is located just southwest of historic downtown Beaufort, and is home to some great neighborhoods -- Wright's Point, Old Shell Point, Willow Point, and Carolina Village, just to name a few.
This home, which captured the imagination of our buyers, was already under contract, as it turned out, and was scheduled to close in the next week or so.
Our buyers were sorely disappointed. Sometimes, a home just speaks to a buyer, and this home was speaking loud and clear to these folks. The layout was ideal, the yard was spacious, and it had a pool!!
As our buyers reluctantly prepared to resume…
We had some buyers fall in love recently with a house in the Shell Point area of Beaufort. Shell Point is located just southwest of historic downtown Beaufort, and is home to some great neighborhoods -- Wright's Point, Old Shell Point, Willow Point, and Carolina Village, just to name a few.
This home, which captured the imagination of our buyers, was already under contract, as it turned out, and was scheduled to close in the next week or so.
Our buyers were sorely disappointed. Sometimes, a home just speaks to a buyer, and this home was speaking loud and clear to these folks. The layout was ideal, the yard was spacious, and it had a pool!!
As our buyers reluctantly prepared to resume…
Economy Dictating Beaufort SC Real Estate Developers' Pricing
Big-league baseball players step up to the plate looking to hit the ball with the sweet spot of the bat. The sweet spot, of course, is the location on the bat which is best suited for hitting the ball. From the sweet spot, the ball travels fastest and farthest.
Every piece of real estate has its own sweet spot, as well. The sweet spot is the price at which a property is best suited to sell. Property priced in the sweet spot will sell the quickest.
Many developers in the Beaufort area have struggled in recent years with pricing before finding the sweet spot.
Over at Hamilton Village, a beautiful upscale condo complex just over the bridge from Historic Downtown Beaufort, condos were once listed at more than $800,000. A few years later, the community's…
Every piece of real estate has its own sweet spot, as well. The sweet spot is the price at which a property is best suited to sell. Property priced in the sweet spot will sell the quickest.
Many developers in the Beaufort area have struggled in recent years with pricing before finding the sweet spot.
Over at Hamilton Village, a beautiful upscale condo complex just over the bridge from Historic Downtown Beaufort, condos were once listed at more than $800,000. A few years later, the community's…