Real Estate News — Davies rejoins former office; national agency shuffles James Island posts

Ree Davies (Photo provided).

• Realtor returns to Carolina One •

After four years away, Ree Myers Davies has come back to the Dorchester County locale where she has spent much of her real estate career.

Davies recently returned to the Summerville Main Street office of Carolina One Real Estate. She has 23 years experience in the business.

“Ree is an agent with much experience and a personality that will greatly add to the culture of the Main Street office,” says Christina Ellis, office manager.

Davies is certified as an Accredited Buyers Representative, Short Sales and Foreclosure Resource and an e-PRO Realtor. She graduated from Palmer College.

The veteran Realtor lives in Moncks Corner with her daughter and enjoys oil painting and designing stained glass.

As of June, Carolina One Real Estate handled more than 32 percent of all residential sales transactions in metro Charleston.For more information, visit the company website at

• Miller, Burbage take key roles at ERA Tides Realty •

The James Island office of one countrywide agency has a new look at the top.

Jan Miller has moved into the broker-in-charge position at ERA Tides Realty on James Island. Meanwhile, Lisa Burbage is the director of recruiting and training for the Realty.

Miller has been broker associate with the company since 2004. The Charleston native attended the College of Charleston and James Island High School. She began in real estate sales on Edisto Island in 1982.

Burbage graduated with a bachelor’s degree in Business Administration from the College of Charleston and has a master’s degree from the University of South Carolina. She is a licensed broker and worked with Carolina One Real Estate for 22 years.

Burbage will continue to sell real estate along with her new duties at ERA Tides Realty.The office is at 125 Wappoo Creek Dr.

• Metro Charleston home prices surge, even with distressed sales •

The cost of buying a house in the Lowcountry shot up by 6.2 percent in July from a year ago, a national real estate tracker calculates.

Meanwhile in June, home prices in Charleston-North Charleston-Summerville increased 1.9 percent from a year earlier.

Both figures include distressed sales, which involve short sales and foreclosed properties, according to CoreLogic, a California-based analytics company.

Charleston area prices including distressed sales also jumped month-to-month, with costs rising 3.6 percent in July from June.

When distressed sales are excluded, the price gains were less dramatic. Home prices increased 3.9 percent in July from the previous year and rose 1.5 percent in June from a year before. Also excluding distressed sales, prices grew by 2.8 percent in July from a month earlier.

The figures are part of the CoreLogic Home Price Index.

Greater Charleston’s market was somewhat stronger than the nation as a whole.Including distressed sales, home prices nationwide rose 3.8 percent in July compared with the same period of 2011, which CoreLogic says was the biggest year-over-year increase since August 2006.

Month-to-month, prices including distressed sales increased by 1.3 percent in July from the previous 30-day period.

The July figures mark the fifth consecutive increase in home prices nationally on both a year-over-year and month-over-month basis, according to CoreLogic.

When distressed sales are excluded, homes prices showed even sharper gains, rising 4.3 percent in July from a year ago and 1.7 percent from a month earlier.

Meanwhile, the CoreLogic Pending Home Price Index calculates that August home prices, including distressed sales, will rise by 4.6 percent on a year-over-year basis and at least 0.6 percent from a month before. Excluding distressed sales, prices are poised to rise 6 percent year-over-year and 1.3 percent month-to-month, according CoreLogic.

“The housing market continues its positive trajectory with significant price gains in July and our expectation of a further increase in August,” says Mark Fleming, the company’s chief economist.

“While the pace of growth is moderating as we transition to the off-season for home buying, we expect a positive gain in price levels for the full year,” he says.

The last time the housing market experienced gains like July was six years ago, Fleming says, and indications are “the summer will finish up on a strong note.”

Anand Nallathambi, president and chief executive of CoreLogic, echoed the economist’s comments.

“Although we expect some slowing in price gains over the balance of 2012, we are clearly seeing the light at the end of a very long tunnel,” he says.

South Carolina as a whole saw price increases in July, with homes appreciating 6.3 percent year-to-year including distressed sales and increasing 6 percent when short sales and bank-owned deals are excluded.

The highest appreciation including distressed sales was in Arizona, up 16.6 percent, while the biggest drop was in Delaware, off 4.8 percent.

With distressed sales removed, Arizona again ranked first in home appreciation, up 11.3 percent, while the depreciation leader was Delaware, down 3.5 percent.

• Gibbons signs on full time with Keller Williams •

Involved peripherally in real estate for decades, Sandra Gibbons of Keller Williams Realty recently decided to again make it her chief profession.

According to Keller Williams, she chose to return to real estate sales full time “because she realized that finding people a place to call home was what she loved most.”

Gibbons markets her business as SLG Homes. She says it’s all about three things: honesty, integrity and commitment.

Now residing in Summerville, Gibbons has lived in the Charleston area since 1986. She obtained her paralegal degree and real estate license and has worked in those fields in some capacity for most of the past two decades. According to Keller Williams, she is committed to providing the best service to all her clients because she knows that buying a home is one of life’s biggest decisions.

The agency says she spends her spare time with family, at the water or on the motorcycle with the “love of her life,” Rick.

For more information, visit

• Former foster care worker chooses Carolina One •

Real estate newcomer Sheena Maurer should succeed at the profession as a result of her grit and work ethic, according to the Realty group she joined.

Maurer is with Carolina One Real Estate in the Metro North office in Goose Creek.

She previously was employed by the Berkeley County Department of Social Services as a foster care social worker.

Maurer, a graduate of Charleston Southern University, was born in Ohio and has lived in the Charleston area for 10 years. She resides in Goose Creek with her husband Christian and enjoys boating and traveling.

“Although Sheena is new to the real estate profession, her work experience and determination to succeed are extraordinary assets,” says Louise Voelker, broker-in-charge of the Goose Creek office.

Carolina One Real Estate sports a full service mortgage division as well as departments specializing in relocation, new homes, insurance, commercial real estate, property management, resort rentals and title services.

For more, visit

• Myrtle Beach lands regional magazine’s “showcase” home •

What’s billed as the first house in the Myrtle Beach area tapped as a Southern Living Showcase Home is now open to the public.

The home, built by Classic, is located at 7464 Catena Lane in Seville at Grande Dunes. It opened Aug. 31 with a ribbon-cutting by Myrtle Beach Mayor John Rhodes and can be viewed by the public 10 a.m.-5 p.m. Monday-Saturday and 1-5 p.m. Sunday. Home tours will run through Sept. 23, and a holiday tour is scheduled for Nov. 2-18.

“We are excited to share our beautiful showcase home with the public in the coming weeks,” says Susan White, of Classic.

Showcasing the products of more than 50 local and national trade sponsors, the house represents the latest in building and design ideas, she says.

A $5 donation will be collected at the door. Proceeds benefit Hope House of Myrtle Beach and Coastal Animal Rescue.

Classic, a member of the Southern Living Custom Building program for more than five years, was among 100 builders chosen for the magazine’s 19th annual builder program.

Headed by mother and son team Susan and Berkley White, Classic has built more than 800 homes in the Carolinas. Its founders boast more than 50 years of combined experience in home building.

The Southern Living Showcase Home is the 149th custom home built in the Grande Dunes community.

For information, contact Denise Blackburn-Gay or Amellia Diemer at 843-692-9662 or via email at

• Charlestonian picks Handsome Properties •

Growing up in a landscape architect family, Blair Chesnut pursued the field for a couple of years before switching to her passion: real estate.

She has signed on as an agent with Handsome Properties Inc., which sells real estate in the Charleston area.

Chesnut grew up south of Broad Street in downtown Charleston and attended Clemson University, where she “followed her family’s footsteps” and majored in landscape architecture, according to Handsome Properties.

As she began to sculpt and create classical and trendy landscape designs, a firm in Atlanta offered her a job after graduation, the real estate company says.

After working for a landscape architectural firm for nearly two years, she then moved to Charleston, feeling it was the best fit for her career, Handsome Properties notes.

Chesnut over the years has developed a passion for real estate in Charleston. Her great appreciation and knowledge of the historic city has been a huge asset to the Handsome Properties team, the company says.

Handsome Properties is a “boutique” real estate firm located in Charleston’s historic downtown. The business specializes in luxury waterfront and downtown real estate.

For more information, visit

• Batten hooks up with major brokerage•


An Army captain and later a buyer for transportation companies is the newest member of the Batten Partners Team at Carolina One Real Estate.

Jonathon Batten, who goes by “Jon,” works from the Metro North office in Goose Creek.

Born in Memphis, Batten received his bachelor’s degree from The Citadel and master’s ofbusiness administration from Montreat College in Charlotte.

He served as a captain in the Army and was assigned to a Bradley tank unit in Germany. Following his military service, Batten was employed with Volvo Truck, American LaFrance and Harsco Rail.

He traveled throughout Japan, China, Belgium, Italy, Great Britain and Germany buying engine and electrical components as well as managing real estate assets, according to Carolina One.

Batten, member of the Eagle Scout Association, is married to the former Jane Hodge. They reside in Summerville with their two daughters, Molly and Katie. His hobbies include gardening, weaving and reading.

For more, visit