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Charleston SC July Market Stats

 Thu, Aug 31st 2023 8:48 pm by Andrew Kennedy Market Statistics


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Why the housing market is not headed for a crash this time.

 Fri, Mar 3rd 2023 3:34 pm by Andrew Kennedy Education


With declining home sales, home buyers and sellers alike are wondering whether we are about to see a decline in home prices like what we saw during the financial crisis of 2009-2013. While both market cycles saw strong buyer demand which drove a rapid increase in home prices over a relatively short period of time, that is where the similarities stop. A more complete comparison of the housing market, then and now, helps to explain the underlying strength of today’s market and why we are not likely to see what we saw nearly a decade ago.


1. The underlying demand for homeownership remains strong.

Today, the underlying demand for homeownership is both real and sustainable, unlike the pe...


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Uncertainty and Conflicting Information

 Wed, Feb 22nd 2023 3:50 pm by Andrew Kennedy Market Statistics

There is more uncertainty and conflicting information regarding the housing market floating around in the media, the real estate profession, and from my personal connections than I have seen since I began real estate.

I would like to take a moment to address the basic variables of sales, inventory, and prices so we can clear up some confusion on these points starting with facts.


I will start with sales for this article:


Closed Sales

The headlines are generally focused on the fact that closed sales dropped 34% in the Charleston market in January, year over year, which means compared to the prior January.

At Carolina One, we generally pay closer attention to written sales than we d...


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Charleston Real Estate Market Statistics July 2019

 Wed, Aug 14th 2019 2:20 pm by Andrew Kennedy Market Statistics

In July, the U.S. economic expansion that began in June 2009 became the longest in the nation's history, marking 121 straight months of gross domestic product growth and surpassing the 120-month expansion from 1991 to 2001. The average rate of growth during this expansion has been a milder 2.3 percent per year compared to 3.6 percent during the 1990s. Although the economy should continue to perform well for the rest of 2019, most economists see a mild recession on the horizon.

New Listings were up 5.0 percent to 2,162. Pending Sales increased 20.8 percent to 1,927. Inventory shrank 6.0 percent to 5,634 units.

Prices moved higher as Median Sales Price was up 4.1 percent to $277,950. Days...


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Open House - 2072 Middleburg Lane

 Thu, Jun 20th 2019 4:40 pm by Andrew Kennedy Open House
Open House - 2072 Middleburg Lane

Open House this Saturday 1-4 pm • 2072 Middleburg Lane, Mount Pleasant, SC 29464 • 4 BD / 2.5 BTH • 2,700 SqFt • $539K • This is an amazing opportunity to get into Longpoint Subdivision under $200/sqft. Just footsteps from the amenity center and county park. Call me to schedule your showing today.

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Open House - 1454 Emerald Forest Parkway

 Sat, Mar 23rd 2019 1:28 pm by Andrew Kennedy Open House
Open House - 1454 Emerald Forest Parkway
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1454 Emerald Forest Parkway
Charleston, SC

MLS# 19006024 - Residential

Perfectly located with easy access to 526 and hwy 17, this lovely 2-story home is situated in the back of Forest Lakes Extension off Glenn McConnell Pkwy. There have been several recent system updates including new solar ready AC/Furnace as well as windows and front door installed Dec 2018. A new roof was installed Jan 2019 and all new interior paint in Feb 2019. Solar panels have been fully paid for and keep those energy bills down. As you enter the brand new front door off the full front porch, enjoy a spacious foyer. To your left is an enormous formal living room with a gorgeous wood burning stone fireplac...


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Thursday Caravan - February 7 2019

 Fri, Feb 8th 2019 10:59 am by Andrew Kennedy Caravan
Thursday Caravan - February 7 2019
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3537 Sewel Avenue
Mount Pleasant, SC

MLS# 19003087 - Residential

Beautifully designed and immaculate home in desirable Carolina Park. The custom exterior is apparent with upscale board & batten siding, functional Bahama shutters and attractive red metal accent roof over the full front porch. As you enter the home enjoy gorgeous engineered hardwoods throughout. The first floor consists of a separate dining room featuring upgraded French doors along with a kitchen that flows seamlessly into the family room complete with gas fireplace. The kitchen is equipped with all stainless appliances, farm sink, Tahoe kitchen cabinets with upgraded 42'' uppers and stunning quartz countertops w...


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Just Listed - 3537 Sewel Ave.

 Fri, Feb 1st 2019 3:20 pm by Andrew Kennedy just listed
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3537 Sewel Avenue
Mount Pleasant, SC

MLS# 19003087 - Residential

Beautifully designed and immaculate home in desirable Carolina Park. The custom exterior is apparent with upscale board & batten siding, functional Bahama shutters and attractive red metal accent roof over the full front porch. As you enter the home enjoy gorgeous engineered hardwoods throughout. The first floor consists of a separate dining room featuring upgraded French doors along with a kitchen that flows seamlessly into the family room complete with gas fireplace. The kitchen is equipped with all stainless appliances, farm sink, Tahoe kitchen cabinets with upgraded 42'' uppers and stunning quartz countertops w...


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Thursday Caravan - January 24 2019

 Thu, Jan 24th 2019 4:00 pm by Andrew Kennedy Caravan
Thursday Caravan - January 24 2019

Check these New Listings in Mount Pleasant from our weekly caravan!

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2548 River Lake Walk
Mount Pleasant, SC

MLS# 19001009 - Residential

Open floor plan Kitchen-to-Family Room living space and all wood flooring on first level. Located on a large Cul-de-sac across from a Pond and large Green Space. Walking distance to the neighborhood Pool, Tennis and Soccer Field amenities. The floor plan supports an office, formal living room, formal dining room, and bonus/game room spaces. The large FROG includes a full bath en-suite, as does the third level bonus/game/5th bedroom.

View Listing Details

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601 Galera Lane
Mount Pleasant, SC

MLS# 18033230 - Residential

Stunning ...


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Thursday Caravan - January 16 2019

 Thu, Jan 17th 2019 8:10 pm by Andrew Kennedy Caravan
Thursday Caravan - January 16 2019
Caravan Thursday January 16, 2019 - Four great new listings

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3035 Morningdale Drive
Mount Pleasant, SC

MLS# 19000992 - Residential

Well maintained 2nd home convenient to shopping ,schools, restaurants.Updated open kitchen with maple cabinets(pull out drawers)expanded pantry,granite countertops,timber framing accent. All stainless steel appliance,ceramic tile,pendent lighting.Laminate wood flooring in family room. Added two skylights to brighten up the family room and removed popcorn ceiling in the family/kitchen area.Installed fixed glass door for more natural lighting that opens onto the large 12'x18' screen porch for you to enjoy the perks of outdoor living.In addition the o...


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1601 Lauda Dr Under Contract

 Sun, Dec 2nd 2018 1:20 pm by Andrew Kennedy Under Contract

1601 Lauda Dr.


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Sold - 1749 Nantahala Blvd

 Thu, Aug 16th 2018 11:00 am by Andrew Kennedy Sold
Sold - 1749 Nantahala Blvd

Sold in 24 hours!!


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What can I afford?

 Tue, Jul 31st 2018 12:18 pm by Andrew Kennedy Education

When looking for a home to buy, one of the main questions is "What can I afford?" This is different than the question of "What size loan do I qualify for". Let’s estimate your monthly cost of home ownership. Contact me today for a free consultation. 843-214-0396


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Under Contract - 1749 Nantahala Blvd

 Sun, Jul 29th 2018 6:21 pm by Andrew Kennedy Sold
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Under Contract in 24 Hours!!

1749 Nantahala Boulevard
Mount Pleasant, SC

MLS# 18018713 - Residential

This adorable cape cod sits centrally in Mt Pleasant in quiet Wando Lakes on a beautifully treed lot with easy access to 526 and the beaches.With a private, fully fenced back yard with a fire pit and two decks, there is ample room for entertaining outdoors.The extra side yard is perfect for storing a boat or RV with an additional shed and a detached garage. No/low maintenance lifetime warranty new siding and leaf block gutters. This 1459 sqft 3 bed 2 bath home offers spacious living with the master on the first floor. The master bath includes a deep, jetted tub and plenty of s...


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Top Ten Reasons Why You Should Hire A Realtor In Charleston, SC.

 Tue, Jul 24th 2018 4:10 pm by Andrew Kennedy Education
Top Ten Reasons Why You Should Hire A Realtor In Charleston, SC.

Education & Experience

You don't need to know everything about buying and selling real estate if you hire a real estate professional who does. Henry Ford once said that when you hire people who are smarter than you are, it proves you are smarter than they are. The trick is to find the right person. For the most part, they all cost roughly the same. Why not hire a person with more education and experience than you? We're all looking for more precious time in our lives, and hiring pros gives us that time.


Agents Are Buffers

Agents take the spam out of your property showings and visits. If you're a buyer of new homes, your agent will whip out her sword and keep the builder's agents at bay...


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Just Listed - 1749 Nantahala Blvd

 Mon, Jul 2nd 2018 12:05 pm by Andrew Kennedy just listed
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1749 Nantahala Boulevard
Mount Pleasant, SC

MLS# 18018713 - Residential

This adorable cape cod sits centrally in Mt Pleasant in quiet Wando Lakes on a beautifully treed lot with easy access to 526 and the beaches.With a private, fully fenced back yard with a fire pit and two decks, there is ample room for entertaining outdoors.The extra side yard is perfect for storing a boat or RV with an additional shed and a detached garage. No/low maintenance lifetime warranty new siding and leaf block gutters. This 1459 sqft 3 bed 2 bath home offers spacious living with the master on the first floor. The master bath includes a deep, jetted tub and plenty of storage. Wood flooring and tile i...


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