What Caused the Mortgage Meltdown in South Carolina? The Housing Crisis in Columbia?

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For those of you who have read this blog for a while, you know I think the whole concept of having some sort of meltdown or crisis in the real estate economy is a bunch of “hooey”.  Perhaps I’m a bit spoiled, here in Columbia, South Carolina where the market is basically insulated from any wild swings in property values.  However, for those that are convinced we are in crisis mode, this two-part video is just for you.


Part One:  

Be sure to click “read the rest” to see part two of this fascinating report!

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Preparing Yourself Mentally to Sell Your House

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Kathy Smith realtor preparing your house for sale, Columbia, SCOkay, maybe it isn’t that melodramatic, but you should prepare yourself mentally and sometimes emotionally for selling your home. 

While those of us in South Carolina (especially the Columbia marketplace) aren’t experiencing some of the roller coaster emotions that others in this nation are, it is still a good idea to know what you are about to enter into before putting that “For Sale” sign in the yard.

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Do you Have What it Takes to Live in a Construction Zone?

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Kathy Smith, realtor, south carolina, sc, columbia, renovate, sell, seller, house, housing market, realtor, real estateFor many of us in Columbia, South Carolina, we are thinking of the spring early.  Since we aren’t locked indoors due to snow, cold or other inclement weather, those of us in South Carolina get to enjoy a temperate climate  (and the potential to work year round on construction projects).  The question remains, though…do YOU have what it takes to live in a construction zone?  Read the rest…

Bigger Mortgages from Fannie Mae and Freddie Mac Could be Coming Soon!

Lake Murray, Midlands, Richland, ballentine, bank of america, blythewood, bofa, buyer, buying, chapin, columbia, cow lady, credit, first time, first time buyer, government, home, home owner, house, housing market, irmo, jeffcoat, kathy smith, lexington, mortgage, prices, real estate, realtor, relo, relocation, russell, sc, south carolina No Comments

As the latest stimulus package is winding its way through Congress right now, more details are coming out.  In addtion to taxpayers getting up to $1,200 in checks, there’s also a part of the plan that will temporarily raise the conforming loan limits for Fannie Mae and Freddie Mac.  This package targets major metro areas with high housing costs. 

With a median price of around $140,000, Columbia, South Carolina is nowhere near the ceiling for either program.  However, the programs will allow the new limit to be 125% of the median price range.  No matter how you slice it, this plan is great news for buyers and those of us in the real estate industry.

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FREE Money From the Government! Really!

Lake Murray, Midlands, Richland, ballentine, bank of america, blythewood, bofa, buyer, buying, chapin, columbia, credit, event, first time, first time buyer, government, home, home owner, house, housing market, irmo, jeffcoat, kathy smith, law, lexington, mortgage, real estate, realtor, russell, sc, seller, selling, south carolina No Comments

kathy smith, realtor, free money, stimulus package, housing, house, economy, seller, buyer, buying, selling, real estate, columbia, sc, south carolinaIt is absolutely amazing the stories and headlines that have been in the press lately.  They are screaming about the economy heading into a recession and are finding new and innovative ways to help out ‘the common man’.  Granted, the Columbia, South Carolina  economy is doing very well, thank you…but who am I to turn down free money like this?

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Breaking Moos! Kathy Smith Recognized for Achievements in 2007

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Here’s a snippet from a press release issued today:

During today’s Russell & Jeffcoat Realtors Awards Breakfast ceremony, Kathy Smith was recognized for her sales achievements in 2007. Read the rest…

BRR! Cold Snap Hits Columbia, SC - Is YOUR House Prepared?

Lake Murray, Midlands, Richland, activity, ballentine, blythewood, chapin, columbia, cow lady, environment, home, home owner, house, irmo, jeffcoat, kathy smith, maintenance, real estate, realtor, repair, russell, sc, south carolina, things to do No Comments

Where most of the country calls winter weather for Columbia, South Carolina a heat wave by their standards, we’re having what WE call a cold snap.  Since we are more concerned with finding cool air in the hot summers of South Carolina, we may have forgotten all about preparing our homes for winter.  So, when does one prepare for winter?  Is it ever too late?  Well, if you’re feeling a chill in the air, it’s a good time to think about winterizing your home to reduce your heating bills. Read the rest…

THINGS TO DO: Fun, Food and Lake Murray, South Carolina

Lake Murray, Midlands, Richland, activity, ballentine, blythewood, chapin, columbia, cow lady, event, fun, holiday, irmo, jeffcoat, kathy smith, lexington, nightlife, real estate, realtor, relo, relocation, russell, sc, south carolina, things to do No Comments

south carolina, sc, lake murray, chapin, lexington, irmo, ballentine, real estate, realtor, kathy smith, russell, jeffcoat, midlands, fireworks, show, buy, sell, house, home, housing market, boat, marina, lakefront, waterfront, dockDo you love Lake Murray? Want a way to enjoy the fun of South Carolina’s music and cuisine…all while raising money for a good cause? Well, then, the Taste of Lake Murray is an event for you!

An annual fundraiser for the fireworks spectacular that takes place on the shores of the lake to commemorate Independence Day on July 4th, the Taste of Lake Murray kickstarts the fundraising season.

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THINGS TO DO: Lions and Bears for FREE, Oh MY!

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Riverbanks Zoo & Garden not only serves to protect rare and endangered wildlife and wild places, but also safeguards a number of South Carolina’s significant historical landmarks. Listed on the National Register of Historic Places since 1973, Riverbanks’ 170-acre site has a deep-rooted history dating back to the early 1800s with South Carolina’s textile industry and the Civil War. Today visitors can view structural remains that reveal this rich past from several vantage points within the Zoo & Garden in addition to feeding the Giraffes and interacting with the animals at Riverbanks farm.

And now I’m about to give you a lesser-known secret regarding Riverbanks Zoo.  I know a way you can get in for F-R-E-E.  

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Drowning in Stuff? Tips to Get Organized in 2008!

Lake Murray, Midlands, Richland, activity, ballentine, blythewood, chapin, columbia, cow lady, event, fun, holiday, home, home owner, house, irmo, jeffcoat, kathy smith, maintenance, real estate, realtor, relo, relocation, russell, sc, seller, selling, south carolina No Comments

closet, organize, disorganization, staging, home, sale, selling, fsbo, for sale by owner, real estate, realtor, kathy smith, russell, jeffcoat, columbia, chapin, lexington, irmo, ballentine, richland, blythewood, south carolina, scI found myself on New Year’s Day purging all the excess “stuff” we moved into our new place two and a half years ago.  This “stuff” happened to be boxes of unknown items that were the last to be packed at the old house.  You know, the “I’ll deal with it later” method of packing. 

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