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Ussery Group Real Estate. A Proud Member of Charter One Realty. 843-757-7712

A Proud Member of Charter One Realty
843-757-7712

Posts from the ‘Featured Slider’ Category

Cast Net Fishing at Oldfield

Recipient of the 2016 Bliss Award for “South Carolina’s Best Community” and known for its luxury lifestyle within a stunning natural landscape, Oldfield is definitely a must-see! Located in the heart of the Lowcountry, I recently visited this fabulous community to learn the proper cast net fishing technique with Outfitters Center Director, Mr. Jason Dubose.

Jason has over 12 years of professional charter captain and guide experience, with specialized expertise in leading eco-tours. One of the most rewarding aspects of his role as Center Director is observing members and their children “immersing themselves in the outdoor Lowcountry lifestyle.”

oldfield-club_bridge

The Oldfield Outfitters Center is certainly an amazing place to celebrate the Lowcountry’s natural beauty, especially with its ideal location on the Okatie River! Popular outings with members include in-shore and off-shore fishing excursions, as well as charter day trips to Daufuskie Island, Savannah, Beaufort, and Hilton Head Island.

oldfield-okatie-river2

There are also plenty of activities for the entire family – from fishing, recreational boating and kayaking – to paddle boarding and sporting clays at Turkey Hill Plantation. This is a community that perfectly combines luxury living with authentic Southern charm.

Contact Johnny today at Johnny@UsseryGroup.com for more information about Oldfield. And don’t forget to visit the Outfitters Center and learn how to throw a cast net for yourself!

 

Come be part of the #1 Island Community in the Continental USA!

Well, our gorgeous Lowcountry island, Hilton Head, has been rated the #1 island in the Continental USA!   With amazing beaches, world class cuisine and accommodations, activities, and nature preserves, what’s not to love?  But, don’t take my word for it, read up on why Travel & Leisure Magazine just crowned us with that title!

http://www.travelandleisure.com/worlds-best/islands-in-us#hilton-head

 

 

Home Buyer Pet Peeves to AVOID!

The home may be priced right and in a great location, so why isn’t it selling? Maybe the listing has one of these common buyer turn offs lurking. Coldwell Banker Blue Matter’s blog highlights a few:

 

1. Covering up potential issues. Masking potential issues – from odors to a bad foundation – can be a costly mistake in the end, for the seller too. Serious defects that a seller knows about but fails to disclose can result in a buyer who backs out at the last minute, asks the seller to fix the issue, or even involve the seller into a lengthy legal battle after the transaction has closed.

2. Overpricing the home. A home that is not appropriately priced for the market can prompt many buyers to just overlook it. Sellers need to know that the price they paid for the home has no bearing or guarantee on its sales price when they go to list. The market condition of the home and comparing how recent nearby homes have performed will influence what their home is worth. A house sitting on the market because it’s overpriced will just deter interested buyers.

3. Failing to prepare the home before listing. Clean, decluttered, and neutral spaces are important in helping buyers to envision themselves living there. Sellers who keep an abundance of knick-knacks; dated, worn furniture; or overly bright, dark, or distracting colors can turn-off buyers.

4. Not being accommodating for showings. Sellers may be annoyed at constantly preparing for home showings or open houses but not having their home readily available for such buyer tours will likely prompt the home to linger on the market. Requested showing times or demanding to be present during showings can hamper the sales process.

Source: “The List of Pet Peeves That Turn Homebuyers Off – And How to Avoid Them,” Coldwell Banker Blue Matter Blog (Nov. 5, 2015)

Is There Really a National Real Estate Market?

Do you ever wonder how the National Real Estate Market affects you?  Watch this short video so see how Johnny addresses this question.

It’s here! The 2015 U.S. Junior Amateur at Colleton River!!!!

Hi Everyone!

Are you ready to see who our next champion will be?  Come on out to the 2015 U.S. Junior Amateur at Colleton River, July 20-25th!  Open to the Public and a great peak at beautiful Colleton River.

See you there!

 

 

Oyster Roast 2014

Millennials and Boomers Trading Places

Millennials and Boomers Trading Places.

Millennials and Boomers Trading Places

Daily Real Estate News | Tuesday, September 02, 2014

As the economy improves, Millennials and Baby Boomers are on the move, but they’re heading in opposite directions, according to a new analysis by real estate data firm RealtyTrac.

Each year, 17 million Americans (or about 6 percent of the population) move into a different county, according to Census Bureau data. RealtyTrac’s analysis found Millennials (considered born between 1977 to 1992, in this survey) to be the most mobile generation, moving away from counties with populations of 178,000 or fewer and moving into counties with larger populations (500,000-plus).

“The Millennial generation is generally moving from lower-priced to higher-priced markets for both buying and renting, with the tradeoff being more jobs (lower unemployment) and higher median incomes in the markets they are moving to,” the report revealed.

On the other hand, Baby Boomers (defined as being born between 1945 to 1964) are moving away from higher-priced markets with large populations to lower-priced markets in smaller counties. Baby Boomers are gearing up for retirement and are less concerned about the job market and more concerned with living in an affordable place, the report says.

According to RealtyTrac’s analysis, here’s where Millennials are heading:

  1. Fayette, Ga. (Atlanta)
  2. Citrus, Fla. (Homosassa Springs)
  3. El Dorado, Calif. (Sacramento)
  4. Yavapai, Ariz. (Prescott)
  5. St. Clair, Mich. (Detroit)
  6. Livingston, Mich. (Detroit)
  7. DeKalb, Ill. (Chicago)

RealtyTrac’s analysis shows Baby Boomers are moving away from at the fastest rates:

  1. Fulton, Ga. (Atlanta)
  2. Arlington, Va. (Washington, D.C.)
  3. DeKalb, Ga. (Atlanta)
  4. Wayne, Mich. (Detroit)
  5. Clayton, Ga. (Atlanta)
  6. Alexandria, Va. (Washington, D.C.)
  7. Milwaukee, Wis. (Milwaukee)

Where are the Boomers heading then? The highest percentage of Baby Boomers are moving to Florida, near Punta Gorda, Orlando, and Cape Coral, according to the report. Also, a high percentage of Boomers are heading to counties near Prescott and Phoenix, Ariz., and Hilton Head, S.C., according to the report.

 

Source: “10 Places Boomers and Millennials Are Escaping From the Fastest,” The Wall Street Journal (Aug. 17, 2014)

44% Increase in the Sale of Luxury Homes

We thought we’d share the most recent post by KCM regarding a recent report from NAR and the WSJ (see below).  More good news for the marketplace!

“The National Association of Realtors (NAR) in their last Existing Home Sales Report revealed that sales of homes over $1 million dollars in the country increased 44.1% over the same period last year. One of the reasons for this increase is that financing in the jumbo mortgage market is becoming more readily available.

In an article last week, The Wall Street Journal reported that sales of upper-end homes are increasing by a larger percentage than the rest of the housing market. They came to this conclusion by looking at mortgages in this sector. Here is the breakdown:

  • Home sales using a jumbo mortgage* had year-over-year growth of 7.9% through September, compared with 2.7% for non-jumbo sales
  • Homes sold in major metro areas with a loan of $1 million or more were up almost 28% through September compared with the same period last year. Similar sales with loans of less than $1 million rose 8.5%.

The luxury market is again emerging. It may be time to buy the home you have always dreamt about.”

Hilton Head Island real estate and Bluffton real estate have experienced significant upward trends in unit sales over the last 24 months.  While overpriced properties remain stagnant, properly priced properties can sell quickly.  It’s not uncommon for great values to sell within days or weeks of going on the market.

One of a Kind

While we wear a number of different hats, one of our primary jobs is to notify our clients of singularly unique opportunities as they arise.  That category (“singularly unique”) can reflect a literal one of a kind scenario, and it can reflect a one of a kind value.  On rare occasion  however, there are properties that reflect both.  J 34 Colleton River is such a property.

The image above is the view from homesite J 34!  It is widely considered to be one of the most compelling view in the Lowcountry.  And as of yesterday, it’s available.

Offered at $385,000, this homesite is the last remaining homesite on Somerset (the other 3 have homes on them) that enjoys this unobstructed view of 16, 17, 18 and the Colleton River.

If you’d like more information about this unique opportunity or about Colleton River don’t hesitate to call me directly.  (843) 384-4463.

 

Hurricanes & The Lowcountry

Our thoughts and prayers are with the folks in the Northeast who are bracing today for Hurricane Sandy’s landfall.  Due to it’s breadth and timing (full moon / high tide) the potential for damage appears to be significant.

The scope of Sandy is already significant both in size and influence.  In conjunction with Bloomberg’s evacuation of lower Manhattan, the NYSE is closed today (for the first time since 9/11) and if it’s closed again tomorrow it will be the first time since 1988 that the market has been closed for 2 days in a row due to weather.

The topic of hurricanes is a familiar one for us in Lowcountry real estate.  For one reason or another, we’re frequently asked about risk associated with hurricanes in the area.  Most prospective home owners are surprised to learn that we haven’t had a close scuffle with  a hurricane in well over 30 years.

The map below is from NOAA (National Oceanic and Atmospheric Adiministration) and depicts all hurricane traffic over the last 20 years that tracked within 200 nautical miles of the Lowcountry.  While the North Carolina coast took the vast majority of the hits, the South Carolina Lowcountry faired very very well…

 

There are a litany of theories relative to storm patterns, but most are tied to the gulf stream and it’s proximity to land.  The Gulf Stream is a powerful, warm, and swift Atlantic Ocean current that originates at the tip of Florida, and follows the eastern coastlines of the US and Newfoundland before crossing the Atlantic Ocean.  The warm waters of the gulf stream provide fuel for hurricanes prior to making landfall.  To that end, your proximity to such an energy source seems to play a significant role in the likelihood that you’ll encounter a hurricane.

The image below depicts the Gulf Stream’s flow.  South Florida and Eastern North Carolina represent the closest proximity, while the Lowcountry (due south of Pittsburgh) is roughly 75 miles away from the gulf stream.  It’s difficult to ignore the relationship between the gulf stream and the historical pattern of east coast hurricanes…

Clearly (per our somewhat Bush league explanation of storm patterns), we’re not meteorologists… nor do we have a crystal ball.  But history does tend to be a good predictor of the future when it comes to weather, and to date we’ve been very fortunate to live in the Lowcountry; rather than some other hurricane prone regions of the coast.

All things being equal, however, we’ll take hurricanes all day long over other natural disasters that frequent other regions of the country (landslides, earthquakes, tornadoes… etc) for one elemental reason… advanced notice.  With a hurricane, residents on the east coast enjoy DAYS of notice to prepare and/or avoid the storm.