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Aiken County real estate market is ‘hot,’ shows no sign of slowing down | Local News



Aiken County’s real estate market is booming, as anyone who has watched the latest trends knows.

The average selling price of a home is the highest in five years, with the number of units completed also exceeding the previous year’s figures for the past five years.

“(The market) is hot for Aiken,” said Donna Taylor, Meybohm Real Estate Vice President and Associate Broker based in Aiken.

According to current data as of June 30th, Aiken County has seen increases in existing home sales year over year in three main areas: average price per square meter, number of closed units, and average sale price. The average price per square foot in 2021 is $ 113.47, up from $ 101.35 at the same point in time in 2020 and a sharp increase from the average of $ 84.55 in 2017. In that regard, Aiken County is above the CSRA average, which is $ 111.79.

As of June 30, Aiken County had 709 units closed, down from 651 units at that point in 2020 and 550 at that point in 2017.

This year, the average sales price of Aiken County homes so far has been $ 210,000, up from $ 183,115 on the same date last year and well above the average of $ 149,900 in 2017.

“When talking to our realtors, buyers are still buying homes on the high side,” said Andrea Bowles, sales director for the Blanchard and Calhoun West Augusta office. “If you sell a house and buy a house, you’re OK because you sell high and then buy high.”

Bowles said she doesn’t expect the heating to stop anytime soon as interest rates remain low.

Jane Page Thompson of Carolina Real Estate Company said one problem was inventory shortage because supply was low and demand was high.

“Because of the bidding war and the shortage of the market, you get three, five, or six bids on a house,” Thompson said. “People try to outbid each other because they need an apartment. That drives up house sales.”

Bowles also referred to an inventory problem, but took a different angle.

The planning committee of the district of Aiken is considering revisions of the plan for the rededication of the Graniteville area

“From a national perspective, from what I’ve read, the biggest group since the baby boomers are the millennials, one of the biggest problems everyone starts to make households,” Bowles said. “So there are fewer apartments available than households are formed. It will take time to get used to.”

Another piece of the puzzle is new construction in Aiken County, which has grown significantly over the past five years, much like sales of existing homes.

The average price per square meter for new home in 2021 is $ 117.49, up from $ 106.65 at the same time in 2020 and the 2017 average of $ 90.42.

As of June 30, Aiken County has closed 300 new construction units, up from 251 units at this point in 2020 and 180 at this point in 2017.

This year, the median sales price for newly built homes in Aiken County so far has been $ 265,228, down from $ 244,480 on the same date last year and versus the average of $ 230,000 in 2017.

As to the reasons people move to Aiken County, brokers have dismissed a few different theories.

Mark Thompson, president of the Aiken Association of Realtors, said Hitchcock Woods, an abundance of golf courses, and the equestrian community could be some of the area attractions. He also mentioned post-pandemic reasoning.

Aiken Fall Steeplechase may not take place this year due to delays at the new venue

“There have been a lot of moves and I think (it) is because of the (ability) of people to work from anywhere,” said Mark Thompson. “If you’ve thought about getting out of a big city and moving to a smaller area, take advantage of it now.”

Mark Thompson said he and his family moved to Aiken from Northern California 26 years ago and have never looked back.

Commenting on the “driveability and proximity” of all of Aiken County’s communities, Bowles said that each has its own tastes and has something different to offer to residents. She also mentioned the expansion of Fort Gordon as a driver of the relocation.

“It’s just a great goal,” said Bowles.

Taylor ended up offering advice to potential home sellers. She said if people are considering selling their houses they have to make an early decision about where to move.

“You have to expect your home to sell and close relatively quickly, and you don’t have to get into a bind if you get an offer on your home,” said Taylor.

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Real Estate News

Celebrating 40 years in Taos Real Estate | Success Stories



Louise Rose is just as individualistic in her attitude as she is as an independent Taos broker. This combination has ensured that it successfully brings clients together with the home, land or investment of their dreams.

Before Louise moved here, she was a stockbroker with a NYSE firm. She raised her sons Justin Bailey and Andrew Morrison, who graduated from the eclectic and distinguished Taos High School. “Children who grow up here are well prepared to live anywhere in the world.”

Louise is blessed with loyal clients who appreciate her upbeat approach, ability to listen, and insane sense of humor.

“Finding someone for the perfect home or ranch is the most personal transaction they can have,” said Louise. “It’s worth finding exactly what you’re hoping for. To get to know a customer, you have to listen carefully. Especially if you come from outside the city, it is important to understand exactly what attracted you to our unique and fascinating heart and soul of the Southwest. “

It’s an intuitive process that takes countless hours with people of many languages, cultures, and ethnicities. Often times the first home she shows them is the one they choose.

“Show them what they want; not what other customers desperately want or need to sell unless it’s the perfect thing. That saves everyone a lot of wear and tear. “

Louise has lived in Taos since 1973 and has seen many changes. She believes that no matter how many people move here, the spirit and essence of Taos never change.

In 1982 she carried out the first “Realtor Tours” together with another broker. Within two years, the brokers were ready for a multiple listing service (also known as MLS). Customers finally got the benefit of knowing that the home they were buying was the best choice for them and they no longer had to go to every real estate agent in town to find out what was for sale.

In 1985 she and two other people brought the first real estate franchises to Taos. Louise sold her successful ERA Taos Realtors in 1991. Three years later, she bought the Realty World, Taos franchise and then sold it to work independently.

With the market hot today, her boutique business is in demand through word of mouth and referral.

Louise said, “I personally rarely go to a doctor or lawyer for advertising because the most experienced and talented are as busy as they can get. When I do advertising, it is to the benefit of my salespeople, so that they get the attention. ”

Her longstanding clients include the Comptons: Mike, a successful commercial high quality contractor, and Jane, the Taos optician, whose first appointment is in early October.

Louise sold the Comptons her first Ranchos home, the first they looked at; and then 20 years later she sold it for them to the first buyers who looked at it.

The new doctor, his wife, and their poodle lived in a motel and needed a place to stay immediately.

Two weeks later, the Comptons were out with their two young daughters, four horses and three dogs.

The Comptons are currently selling Taos Creek Cabins, which can be seen in the pictures with Louise on this page.

Pat Allen, another longtime Taoseño and owner of 9 to 5 Ship & Print, said, “I remember the first house Louise showed me was the one I bought. It was the easiest purchase ever. She is still my broker after 30 years.

Louise’s pink, white, and black property signs are eye-catching. Each carries a reminder, “Please don’t disturb the owner,” a thoughtful touch that embodies both the agent’s signature personal style and savvy business acumen.

Louise has enjoyed a life of world travel and adventure and, when she’s not selling real estate, is working on a book. If you are a happy new customer, she will pamper you with stories and you will instantly connect with this powerhouse of energy. They know that you made the right choice in choosing your broker.

“The last decade has been the best of my life and I’ve been happier than ever,” she said. Share your enthusiasm and let Louise Rose help you find the home that will make you happier than ever.

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Real Estate News

Tucker Carlson exposes real estate companies ‘wrecking’ America



“Gavin Newsom is turning the state of California into a swamp,” said Fox News host Tucker Carlson on Tucker Carlson Tonight.

TUCKER CARLSON: In addition to all of the other problems California has, property prices are higher there than anywhere in the country. The average home price in the state of California is now over $ 800,000, more than double the national median. In the past few years, California leaders have passed dozens of laws that they claim will fix the problem because it really is a problem. Governor Jerry Brown, the last man, signed 15 housing laws in 2017 alone. Last year, Gavin Newsom signed 18 separate housing laws. Did it work? No not at all. They didn’t work for the people who live in California. But they weren’t intended for people who wanted to buy houses. Instead, these bills had one purpose: to destroy suburban houses and replace them with high-density apartments. Of course, real estate developers make more money when single-family houses are leveled and replaced by multi-family houses. And real estate developers happen to be the main donors to the California Democratic Party, and Gavin Newsom in particular.

Real estate development company Marcus was one of Newsom’s largest funders in the recent recall election. This week, after surviving the recall, Gavin Newsom tragically rewarded these real estate developers with the largest housing bill ever. Newsom has just signed a series of laws, SB9 and SB10, that will abolish the suburbs in the state of California. The state that invented the suburbs. These bills were approved by the California Building Industry Association, which, citing, “represents the interests of home builders and developers of residential and commercial projects. There will be some new commercial projects in the California suburbs.” As the New York Times put it, you quote, “SB9 essentially ends the single-family zone zones.” Property owners now have state approval to convert any single family home in the state of California into a 4 unit apartment complex. How does this improve someone’s life? It will not. It means demolishing houses to build rental units.

At the behest of his donors, Gavin Newsom is turning the state of California into a swamp. It’s not just happening in California, Oregon recently passed a nationwide ban on single-family home zoning. That’s crazy! Cities like Minneapolis and Sacramento have started allowing apartment buildings on single-family lots. Crowding problem anyone thinks? By the way, only the Chinese government seems to be doing everything possible to rule the real estate developers. “Housing should live and not for speculation,” said the Chinese president. Woo, I hate to quote the President of China but in this case he’s right, one of the largest and most indebted real estate companies in the world is collapsing and China has signaled that it will never be interested in a bailout again. In this country, real estate companies not only get bailouts, they can also write laws that destroy your neighborhood. And in many parts of America, they can tear down the neighboring house and turn it into a residential complex. Big!

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Real Estate News

Crow Holdings Announces Closing of Ninth U.S. Diversified Value-Add Real Estate Fund with Approximately $2.6 Billion of Investable Capital



DALLAS – (BUSINESS WIRE) – Crow Holdings, a leading national real estate investment and development firm, today announced the definitive closing of Crow Holdings Realty Partners IX, LP (“Fund IX” or the “Fund”). Managed by Crow Holdings Capital, Crow Holdings’ investment management company, the fund invests in value-adding real estate investments in the United States, primarily in industrial and multi-family homes and specialty sector opportunities.

Fund IX was oversubscribed with approximately $ 2.3 billion in commitments, above its original ceiling of $ 2.0 billion, and received strong support from existing investors and significant participation from new investors, including global banks and Insurance companies, pension plans, family offices and high net worth individuals. The fund has also co-invested a total of $ 265 million in equity, resulting in total investable equity of approximately $ 2.6 billion for the strategy. Fund IX marks the company’s largest fundraiser to date and is a significant increase over the $ 1.3 billion pledges raised for the previous fund.

The fund focuses on diversified value-add investment and development opportunities in multiple property types in major US markets. Today these possibilities exist mainly in industrial and multi-family houses as well as in special sectors such as prefabricated houses, comfort and gas, self-storage and student dormitories. The fund was fully launched during the Covid-19 pandemic and began investing during this challenging time as well. To date, more than 63% of the fund’s capital has been invested in 62 investments, primarily in the high-growth regions of the Southwest, Southeast and Mountains of the United States

“We appreciate the trust our investment partners have in the continued ability of our team to deliver results to them,” said Michael Levy, CEO of Crow Holdings. “This successful degree shows recognition for our company’s long-standing track record, real estate expertise and, in particular, for our early recognition of the considerable tailwind behind the demand for logistics and e-commerce, the changing population demographics and changing housing preferences as an integral part of our differentiated investment strategy . ”

“With more than 63% of the capital employed in Fund IX, we are already achieving strong investment results, including the repatriation of capital at the beginning of the fund’s life cycle through rapid realizations. This achievement is recognition of the team who have worked hard during this unprecedented and challenging time to continue fulfilling our commitment to all partners, ”said Bob McClain, CEO of Crow Holdings Capital. “We believe that our pipeline – particularly in the industrial, multi-family and specialty sectors – will continue to offer attractive opportunities to grow results throughout the life of the fund.”

Hodes Weill Securities, LLC acted as placement agent for Fund IX.

About Crow Holdings

Crow Holdings is a leading national real estate investment and development company with 70 years of operations and $ 21 billion in assets under management. With a strong track record across property types and market cycles, Crow Holdings pursues unique investment opportunities through a range of strategies and risk-return profiles, creating value for its investors, partners and communities. Operating out of 17 offices in the United States, Crow Holdings has extensive industry reach with expertise in multi-family, industrial, office and specialty sectors and has developed or acquired more than 225 million square feet. Our core principles of partnership, collaboration and reconciliation of interests remain central to Crow Holdings today. More information is available at

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