•Hunley Waters takes on two Realtors•
A pair of agents with Lowcountry backgrounds will be marketing new homes in a “green” North Charleston neighborhood.
Valarie Frasier and Neil Bansil recently signed contracts as agents for Hunley Waters, according to developer Cobalt Developments LLC. The growing community is off Noisette Creek,
The two Realtors represent Carolina Elite Real Estate, which is at 1081 E. Montague Ave. in North Charleston.
Bansil, who lives in Park Circle, has extensive knowledge of Olde North Charleston and its surrounding neighborhoods, the Hunley Waters developer says.
“As a young, 30-something professional, I know what young families and first-time buyers are looking for in the historic Park Circle district,” Bansil says. “This is an area on the move, which has been recognized by This Old House and Bloomberg Business News,” he says.
Hunley Waters is affordable for the first-time buyer, he says, and has “tremendous character.” Area amenities include the Danny Jones pool, which was just renovated and trendy restaurants and night spots.
Bansil and his wife, who moved to North Charleston from Atlanta, were married in Charleston’s Hampton Park in 2006.
Real estate isn’t Bansil’s sole career. According to Cobalt Developments, he is a veteran of the Toronto comedy club circuit in Canada and now performs at Theater 99 and the American Theater in downtown Charleston.
Frasier, meanwhile, is a greater Charleston real estate veteran. She has the “resource and contacts to help prospective clients buy, or sell, homes,” according to Cobalt Developments. Frasier has home listings in Charleston, North Charleston, Hanahan, Goose Creek, Ladson and Summerville.
“I’m determined to meet my client’s needs,” Frasier says. “Whether you’re looking for your first home, dream home or an investment property, I’m committed to providing each client with the highest possible buyer service,” she says.
Frasier can be reached online at www.ValarieSellsCharleston.com, by phone at 843-276-8614 and via e-mail at Valarie.Frasier@CarolineEliteRE.com. Bansil’s website and blog is at www.realdealwithneil.com. He also can be reached at 843-714-3855 and neil.bansil@carolinaeliteRE.com.
“The local area is exploding and coming alive,” says Chris Swan, president of Cobalt Developments LLC. “There is so much interest in Hunley Waters — in the first week of listing with Neil and Valarie, one home is under contract. There are six remaining finished spec homes to view on the development,” he says.
According to the developer, Hunley Waters homes are built by Old Man Construction. Lee Moulton, who runs the company, is at 843-870-0597 and email@example.com.
The neighborhood has special financing incentives available for employees of the city of North Charleston, Charleston County, Charleston County School District, SPAWAR contractors and military personnel stationed in metro Charleston, according to the developer.
A gated community, Hunley Waters features waterfront access to Noisette Creek with a dock and pavilion for kayakers. It is a block away from the “bustling” East Montague Business Corridor, the developer says.
Hunley Waters is considered a sustainable residential development and its homes feature National Association of Home Builders green certification.
According to the developer, the neighborhood’s homes showcase broad front porches in a neo-traditional Lowcountry design. Floor plans tout 9-foot ceilings, which moderate the indoor temperatures in summer months. Homes boast Energy Star appliances and abundant first floor parking and storage, according to the developer.
•Charleston area new home sales accelerate in first quarter•
A string of healthy seasons in the real estate business preceded the 2007 market locally. But before the year ended, signs emerged of a slowdown.
It was the beginning of the national housing slide which lasted close to five years. Only in the past year has the market begun to right itself, as confirmed by recent figures from Carolina One Real Estate’s new homes division.
“What a beginning to 2013 with new home sales outpacing 2007 numbers,” says Will Jenkinson, broker-in-charge of Carolina One New Homes. “I anticipate our local new homes market will continue to keep this current pace and finish the year between 2006 and 2007 levels,” he says in the division’s quarterly Charleston New Homes Snapshot, produced in conjunction with local consultant Real Estate Information Service Inc.
Jenkinson remains a bit cautious. “With all of this excitement, there is also great stress on finished lot inventory and rising construction costs that we must all adjust to this new market,” he says.
The first quarter 2013 snapshot takes a look at four sets of figures: permit activity, new-home sales closings, unemployment trends and resales as a percentage of new home closings.
According to Real Estate Information Service, single-family permits rose steadily in 2012 to 3,128, a 17 percent surge from the year before. Home closings, during the same time frame, increased by 10 percent to 2,318 last year.
“As I have said before, this is a great indicator of our improvement in the market, and I project we will see them rise further in 2013, “Jenkinson says.
At the same time, the local unemployment rate is at its lowest point since 2008, he says, and the number of people employed is at its highest level ever, according to totals supplied by Real Estate Information Service.
“We will continue to see more jobs in our market place in the future and like I have said before, jobs equal housing needs,” Jenkinson says.
Another chart from the information service compares new home sales with resales thus far in 2013.
“New home sales continue to stay strong in our region, accounting for almost 30 percent of all sales,” Jenkinson notes. In Dorchester and Berkeley Counties, new home sales make up more than 40 percent of all home closings.”
He expects the new-home sales percentage to climb through the year “as the number of distressed sales continue to decline in our market.”
For more information, contact Jenkinson at 843-202-2023 or firstname.lastname@example.org or reach Brian J. Foster, sales and research consultant with REIS, at 843-297-7182 or email@example.com.
•Agents join Century 21 offices in Mount Pleasant, Summerville•
Two professionals who started in the real estate business in the 21st century have signed on with a local affiliate of one of the country’s largest agencies.
Kevin Ortega is joining the Mount Pleasant office of Century 21 Properties Plus Inc. and Nereida Cortes will be working from the Summerville office.
The brokerage is pleased to announce that the agents “will be joining our team,” says Tim Rash, owner of Century 21 Properties Plus.
Ortega, formerly with Re/Max, has nine years experience in the real estate field and specializes in the residential side of the business.
“We believe his experience will greatly enhance the services we provide to our customers in the Mount Pleasant community,” Rash says.
Ortega graduated from St. John’s University with a bachelor’s degree in finance. He lives in Mount Pleasant with his wife and three children.
“A professional atmosphere and friendly staff makes working here a pleasure,” Ortega says. “Century 21 Properties Plus Inc. is a great brand name and I love the location,” he says.
Cortes, meanwhile, has seven years experience in real estate, most recently with Keller Williams Realty.
Rash says her experience should substantially boost services for customers in the Summerville area.
Cortes, who specializes in residential real estate, graduated from Hesser College in New Hampshire where she studied business administration. According to Century 21 Properties Plus, she worked for Raytheon Co. in Andover, Mass., for more than two decades before to moving to South Carolina. She was involved in logistics-supply management and facility security working with Defense Security Services.
Cortes says, “The transition from Raytheon to real estate was easy. I brought with me the same dedication and integrity I believe in,” she says.
“Making the move to Century 21 Properties Plus Inc. was one of the best moves I have made during my career as a Realtor,” Cortes says. “I cannot say enough about our team. I love the sense of family and security here. My motto” — Building ‘Real’ Relationships for Life! — “fits right in.”
According to Century 21 Properties Plus, its sales pros are qualified to help consumers “navigate the opportunities that exist in the local real estate market and provide current sellers with an excellent opportunity to gain additional exposure for their properties.”
Anyone interested in seeing Open House listings in Summerville or Mount Pleasant can visit the company’s website at www.century21properties.com.
Century 21 Properties Plus Inc. has 15 years of experience in the real estate industry, and, according to the business, is the No. 1 Century 21 in the Lowcountry. It offers advanced technology, comprehensive resources and brand recognition.
The Century 21 Properties Plus offices are at 118 W. Richardson Ave. in downtown Summerville and in the Park West community in Mount Pleasant at 3301 Salterbeck Court. The full service brokerage firm specializes in residential and commercial real estate.
Each Century 21 office is independently owned and operated. For more information, go on the website or call the Mount Pleasant office at 843-856-0021 or the Summerville location at 843-871-2121.
•Street party to be grand opening for Carnes Crossroads•
Marketers of a new Goose Creek development figure a good way to bring people out to see what they’re doing is with games, music and stuff to eat.
The result is a Street Party at the Village Green. The event, a grand opening celebration of the new Carnes Crossroads community, will take place noon to 5 p.m. Sunday within the neighborhood off North Main Street (U.S. Highway 17A) east of Summerville.
Carnes Crossroads Real Estate is hosting the party, to include a band, food, and entertainment for the kids.
“We’re inviting everyone to come out and celebrate the launch of our community, which is on its way to becoming a wonderful addition to this part of Berkeley County,” says Chuck Buck, broker-in-charge at Carnes Crossroads Real Estate.
“It’s an opportunity to enjoy some great food and activities for the kids, check out our newly opened model homes and learn more about our developing neighborhoods,” he says.
Daniel Island Co. is managing the development of Carnes Crossroads, a 2,300-acre master-planned community near the intersection of Highway 17A and U.S. Highway 176 in Goose Creek. The event is at the Village Green on Wodin Place and 1st Avenue.
Among the festivities will be live entertainment by the Berkeley County School District’s popular steel drum band, “Panjamdrum.”
Food trucks from Ted’s Butcherblock and The Daniel Island Grille will be selling sandwiches, hot dogs and barbecue. Complimentary Italian ice and kettle corn will be available. There will be a jump castle, giant slide and a mechanical bull. WEZL and WXLY will provide music and live radio remotes.
To get there from Interstate 26, take exit 199B onto U.S. Highway 17A (North Main Street). Proceed three miles and take the first left into Carnes Crossroads on 1st Avenue. The Village Green, Model Row of homes and Carnes Crossroads Real Estate are on a street just across from the neighborhood’s highly visible green barn.
According to the backers, Carnes Crossroads is designed as a “significant residential and commercial center” for Goose Creek and Berkeley County. Highlights will be traditional residential neighborhoods, southern architecture, parks, trails and lakes “carefully integrated” with retailers, corporate offices, medical buildings, schools and churches. They will form a “small-town community where people live, work and play,” developers say.
For further information, visit www.carnescharleston.com or call 843-761-8600.