Real Estate News - Stabenau a pro at finding homes for service people; Charleston area brokerage marks 50 years with baseball promotion

Guests mingle in the clubhouse at the new Element at Carolina Bay. Greystar is managing the apartment home complex west of the Ashley (Jim Parker/Staff 3-27-2014).

A veteran Realtor in greater Charleston has been awarded the nationally recognized Military Relocation Professional certification.

Marianne Stabenau, an agent with Prudential Southern Coast Real Estate, gained the designation earlier this spring.

Agents such as Stabenau who earn the sought-after certification prove they're knowledgeable at working with active duty military buyers and sellers as well as veterans.

The National Association of Realtors confers the title to Realtors "who want to help military personnel and veterans find housing solutions that best meet their needs and allow them to take full advantage of their military benefits.

"When military staff and their families relocate, the services of a real estate professional who understands their needs and timetables can make the transfer easier, faster and less stressful," the national Realtors group points out.

"Home ownership is one important part of the fabric of America," says Linda Collins, broker-in-charge of Prudential Southern Coast Real Estate. "Working with Realtors who understand specific needs and timetables related to military service will provide our military transferees an easier, faster and less stressful move," she says.

Prudential Southern Coast Real Estate provides relocation services throughout Berkeley, Charleston and Dorchester counties.

To mark its first half-century, a household name among Charleston area real estate companies will be the "listing agency," so to speak, for Charlie's Dog House.

Carolina One Real Estate has teamed up with the Charleston Riverdogs on a promotion involving the minor league baseball team's mascot. The agency serves as "exclusive" sponsor of Charlie the Riverdogs Dog House for all 69 home games this year.

Carolina One also will be giving away a 50-inch flat screen TV for every 50th run the RiverDogs score at home during the 2014 baseball season.

Prior to each home game, the company's sales associates will be stationed at Charlie's Dog House. They'll also be there during an inning when Charlie returns to greet fans and pose for free photos. Meanwhile during one mid inning, Carolina One will sponsor on-field fun and games.

"Carolina One Real Estate and the Charleston Riverdogs represent two fine Charleston institutions that focus on families," says Michael Scarafile, Carolina One president.

"As we enter our 50th year of helping Charleston families with their real estate needs, we could not have found a better partner," he says.

Fans are invited to visit Charlie's Dog House to register for the free TV giveaway, according to Carolina One. Free copies of the agency's official 50th anniversary poster designed by noted local artist Tate Nation will be available.

For more, visit

As a 10-year-old, Yaser Perez left his native Cuba with his family and started a new life in America. Perez was raised in Florida but found his way to the Charleston area, where he's developed a specialty as a bilingual agent for Coldwell Banker United, Realtors helping both Spanish- and English-speaking clients.

Perez's story was the subject of a recent profile in The Post and Courier's Real Estate section. The article left out a key bit of information, however: how to get in touch with Perez.

The associate, who works from Coldwell Banker's Goose Creek office, can be reached at Yaser Perez, 843-860-1618 by phone, via email and online.

Environmentally friendly Indigo Park will be the site of a low-key ecological film fest and home tours on Earth Day, which is April 19.

Dyal Compass will host its fourth Earth Day celebration. The company developed the Kiawah area neighborhood Indigo Park. Events will take place from 10 a.m. to 4 p.m.

According to organizers, guests can tour the HGTV "dream home 2013." There also will be the Indigo Park Earth Day Film Festival. Showings are "Trashed" at 10 a.m., "The Cove" at noon and "Food Inc." at 2 p.m.

Indigo Park, according to the Kiawah Island Real Estate website, stands out as "the first aspiring community to feature all LEED certified homes within a luxury resort."

Living year round on a land mass just off the coast of Isle of Palms gives a new associate for dunes properties a one-of-a-kind perspective on the business.

That's how the boutique agency highlights year-round Dewees Island resident Judy Fairchild signing up as a new associate.

By adding Fairchild, dunes properties will be expanding its "areas of expertise to include Dewees Island," the agency says. Fairchild will be joining the sales team at the Isle of Palms office at 1400 Palm Blvd.

The real estate brokerage says it has "knowledgeable, professional agents in all areas of the Charleston coast from Isle of Palms to Kiawah Island."

Dewees Island, it says, is "a unique side of Charleston that is rarely seen." According to dunes properties, the island's individuality makes its inclusion with the agency's already "vast area of expertise that much more exciting."

Fairchild, who started as an agent on Dewees in 2011, is active in the community and has "extensive knowledge of the ins and outs of the island," dunes properties says.

She and her husband Reggie are involved with island programs such as the Dewees Island Turtle Team.

Not only a real estate agent, Fairchild has gained stature as a writer, photographer, avid birder and "citizen-scientist," dunes properties notes. The state Department of Natural Resources has certified Fairchild to assist with sea turtle conservation.

She started the Dewees Island Blog in 2008 "to share news about nature and neighbors on the island," according to dunes properties.

Her books explore such topics as the Turtle Team. She's now working on a field guide to one-of-a-kind things found on the beach.

According to dunes properties, Fairchild's a South Carolina "master naturalist who grew up with her feet in the mud of Long Island marshes" and feels fortunate to call Dewees Island home.

She can be reached at or 843-259-1713.

Serving the Charleston area since 1989, dunes properties counts offices at Folly Beach, Isle of Palms, the Kiawah/Seabrook area and downtown Charleston. For more information, visit

Posting on its online newsletter, a James Island-based builder disclosed its newest neighborhood - a 26-home community off Maybank Highway.

New Leaf Builders says the village will feature its Classic Collection of homes. Based on the newsletter, New Leaf Builders seeks to bring the new community along Woodland Shores Road to market. New Leaf plans to build the 26-lot community on the property touting its new home collection.

The site stands across the road from New Leaf's neighborhood Fox Hollow.

For more information, call 843-400-0280 or visit the company's Facebook page.

CoreLogic's top financial specialist says a steep drop in mortgages entangled in foreclosure stands as the best recent sign for home loan inventories.

"Although there is good news that completed foreclosures are trending lower, the bigger news is the impressive decline in the foreclosure and shadow inventories," says Mark Fleming, chief economist for CoreLogic.

"Every state has had double-digit, year-over-year declines in foreclosure inventory, which is reflected in the $70 billion decline in the shadow inventory," he says.

Fleming made the comments as the property analytics company last week released its National Foreclosure Report for February.

CoreLogic says about 752,000 homes in the U.S. in February were in some stage of foreclosure, known as the foreclosure inventory, a 35 percent plunge from 1.2 million a year before.

"The stock of seriously delinquent homes and the foreclosure rate are back to levels last seen in the final quarter of 2008," says Anand Nallathambi, president and chief executive.

"The shadow inventory has also declined year over year for the past three years as the housing market continues to heal, including double-digit declines for the past 16 months," he says.

There were 43,000 completed foreclosures in the U.S. in February, a 15 percent slide from 51,000 such cases a year earlier. Completed foreclosures fell 13.1 percent from 50,000 in January, the researcher says. CoreLogic describes completed foreclosures as an indication of the total number of homes actually lost to foreclosure.

At the same time, there were 1.9 million mortgages nationwide in serious delinquency, or 4.9 percent of all mortgages. Home loans are considered in serious delinquency when they are 90 days or more past due. The total includes mortgages in foreclosure or real estate taken back by the lender, CoreLogic says.

The national "shadow inventory" of problem loans that could lead to foreclosure fell 23 percent to 1.7 million homes as of January compared with 2.2 million a year earlier, CoreLogic says. The shadow inventory value was $254 billion as of January, off from $324 billion a year ago.

On a statewide level, South Carolina's distressed loan picture mirrored the national status in February. The foreclosure inventory was 1.9 percent of all loans, the same rate as the U.S. and tied for 12th among so called "judicial states" where foreclosures go through the courts. The inventory declined 1.1 percentage points from a year ago, tied for third largest decline for states.

The serious delinquency rate in South Carolina dipped to 4.7 percent, .2 of a percentage point below the national rate and tied for 13th among the judicial states.

In a related report, foreclosure rates in Charleston-North Charleston decreased in the first month of 2014 over the same period last year, according to CoreLogic

The rate of Charleston-North Charleston area foreclosures among all mortgage loans was 2.16 percent in January, off 1.20 percentage points from a year before when the rate was 3.36 percent.

Similarly, the mortgage delinquency rate decreased in Charleston-North Charleston. According to CoreLogic, 4.76 percent of mortgage loans were 90 days or more past due as of January compared with 6.19 percent for the same period last year.

A Coldwell Banker-backed association designed to honor leading agents bestowed membership on one of its local Realtors recently.

Real estate agent Debra Whitfield earned enrollment in the Coldwell Banker International Diamond Society, the worldwide company says. Whitfield, of Coldwell Banker United, Realtors, works from Mount Pleasant.

Only the top 10 percent of sales associates-representatives worldwide in the Coldwell Banker system has earned membership in the International Diamond Society.

Coldwell Banker sales associates and representatives are independent contractors.

For more information, contact Whitfield at 843-367-4845.

Pet sitting, martial arts and a pharmaceutical job are prior work experiences of three real estate associates who recently joined the same firm in Mount Pleasant.

Jeanie Acsell, Justin Wachtendorf and Jennifer Jefferies Brown recently placed their real estate licenses with Carolina One Real Estate. They're based out of the brokerage's Longpoint Road office.

According to Carolina One, Acsell worked for SmithKline Beecham Pharmaceuticals and the Southeastern Fertility Center during her 21 years in Charleston.

She graduated from Colorado State University with a degree in child development and human relationships. Married with three children, the Denver native in her spare time takes in snow skiing, water skiing and the Lowcountry's beaches.

Wachtendorf spent the past four years as a martial arts instructor. He's also a certified scuba diver and practices the martial arts of karate and jujitsu. The Carthage, Ill., native is a graduate of Western Illinois University.

Brown, born in Charleston, owns Prissy Paws Petsitting LLC. She graduated from the College of Charleston in 2004 with a degree in art and photography. Brown lives in North Charleston with her husband Matt and stepson Owen Nicholas.

Founded in 1964, Carolina One Real Estate Services describes itself as the Charleston area's real estate market leader. For more, visit

The company that's listing an antebellum residence at 283 E. Bay St. for sale will be holding an open house there noon to 3 p.m. today.

Charleston-based Luxury Simplified Real Estate will be hosting the free public event.

The Post and Courier's Real Estate section recently featured the three-story brick house, built around 1840 at East Bay and Hasell streets.

For more information call 843-853-6055 or email

A story in the April 5 Real Estate section on a real estate firm's boss volunteering on a special project for the Roman Catholic Diocese of Charleston contained an error. Kathleen Rose is a member of Chicago-based The Counselors of Real Estate and has her own firm, Rose & Associates Southeast Inc. in Davidson, N.C. The Post and Courier regrets the error.