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

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

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!

Read the rest…

Preparing Yourself Mentally to Sell Your House

FSBO, Lake Murray, Midlands, Richland, activity, ballentine, blythewood, chapin, columbia, cow lady, home, home owner, house, housing market, irmo, jeffcoat, kathy smith, lexington, prices, real estate, realtor, relo, relocation, russell, sc, seller, selling, south carolina No Comments

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.

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.

Read the rest…

Mortgage Rates Hit a Historic 5.5% Low!

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

When the Fed announced they were cutting their rate to  loan money to banks, I knew those of us In South Carolina were about to get a huge gift from good old Uncle Sam.  Shortly after, I started seeing rates of 5.5% for a 30 year, fixed mortgage.   But is this too good to be true?  Could it last?  What could it mean to the larger economic picture? Read the rest…

Breaking Moos! Kathy Smith Recognized for Achievements in 2007

Lake Murray, Midlands, Richland, activity, ballentine, blythewood, buyer, buying, chapin, columbia, cow lady, first time, first time buyer, history, home, house, housing market, irmo, jeffcoat, kathy smith, lexington, real estate, realtor, relo, relocation, russell, sc, seller, selling, south carolina No Comments

kathy smith, realtor, russell, jeffcoat, award, success, real estate, columbia, sc, south carolina, irmo, chapin, lexington, ballentine, richland, real estate, buying, selling

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…

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.

Read the rest…

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

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

zoo, botanical garden, riverbanks, columbia, sc, south carolina, ballentine, irmo, chapin, lexington, richland, real estate, animal, lion, bear, tiger, field trip, kid friendly, activity, kathy smith, real estate, realtor, russell, jeffcoat, midlands, koala

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.  

Read the rest…

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. 

Read the rest…

Relocating? No Matter Where You Move in the World, Call Kathy Smith!

Lake Murray, Midlands, Richland, Riverwalk, ballentine, blythewood, buyer, buying, chapin, columbia, cow lady, housing market, irmo, jeffcoat, kathy smith, real estate, realtor, relo, relocation, russell, sc, seller, selling, south carolina No Comments

moverToday I attended a meeting held by the Relocation Department of Russell & Jeffcoat Realtors.  It was interesting to listen to experiences other agents have had with their incoming or outgoing relocating clients.  Each one remarked about the high levels of customer service their clients encountered with our Relocation Staff.  “Going above and beyond the call of duty” isn’t something just talked about in meetings, it is a philosophy by those in that department. Read the rest…

THINGS TO DO: Columbia Inferno Has Gone to the Dogs

ECHL, Lake Murray, Midlands, Richland, activity, ballentine, blythewood, chapin, columbia, event, fun, hockey, inferno, irmo, jeffcoat, kathy smith, lexington, nightlife, relo, relocation, russell, sc, south carolina, things to do No Comments

BlazeYes, it’s true.  Columbia’s ECHL Ice Hockey team, the Columbia Inferno have totally gone to the dogs.  Literally. 

On Saturday, December 8th, the Inferno will be hosting the Florida Everblades at the Carolina Coliseum.  Blaze the mascot won’t be the only dog in the house, however. 

Read the rest…

« Previous Entries