Wednesday, December 19, 2012

Neighborhood Spotlight

Charleston Chase

Charleston Chase is a J. Meyer Homes neighborhood located right outside of Summerville in Ladson.

This neighborhood features one and two story homes with 3 or 4 bedrooms starting in the low $100's.



Standard Features include:
  • 9' Ceilings
  • 42" Oak Kitchen Cabinets
  • Cultured Marble Countertops in Baths
  • Hardwood Flooring in Foyer
  • Deluxe Landscaping Package with Sod Included
  • And more - see the neighborhood page on our web site
All homes are Energy Star Certified!

Directions: Charleston Chase is located in Ladson, SC off Van Ohsen Rd. Exit 205 (Hwy 78) off I-26. Head towards Summerville. Turn left on Van Ohsen Road. Charleston Chase is on the left at Lewis and Clark Trail.






Friday, November 16, 2012

In Our Own Words

We're proud of our company, our employees and the work that we do.

To learn a little more about us, check out our new Youtube video below.

And from all of us - Have a Happy Thanksgiving!!


Thursday, November 1, 2012

Thanksgiving Table Settings

It's hard to believe but today is November 1st!

Now is a great time to begin planning ahead for your Thanksgiving festivities. From side dishes to seating arrangements there are many things to think about.  We've provided some inspiration for table settings. Take a look!

Rustic


Bold


Simple





 Elegant



What are your thanksgiving tablescape ideas?

Friday, October 12, 2012

Preparing Your Yard for Winter

Believe it or now, Autumn, not Spring, is one of the most important times to focus on your lawn care.  Lawns need special attention as the seasons change to keep them in good shape for the cooler months ahead.


MSN Real Estate offers some important tips on how to maintain and care for your lawn including:

Stop fertilizing after October 1 (This is the standard for Southern states)

Don't forget to water! Lawns still need to be watered about every 14-20 days.

Now is not the time to prune! Pruning encourages growth which is not what you want before the winter months.

For the full list of yard care tips click HERE

Thursday, September 27, 2012

Available Homes in Deer Field Hall

Homes are in progress at Deer Field Hall.  100% Financing is Available and homes can be completed 45 days from contract signing!  Come see us this weekend!

Use our $5,000 Flex Money however you want!


4937 Serene Lane, Hollywood SC 29449
Floor plan: Cooper
3 BR and Loft, 2.5 Baths
Sq.Ft.: 2048
Price : $175,661*
Features: 9 Foot Ceilings, 2 car garage (Painted), 3 installed Fans, Recessed Lights, Brick Veneer, Front Porch, Deluxe Master Bath, Screened Porch, Breakfast Bay Window, Tray Ceiling, Wood Flooring on Foyer, and much more!
  
5217 Fallow Fawns Rd, Hollywood, SC 29449
Floor Plan: Beaufort
3BR, 1/Flex Room, 2 Baths
Sq.Ft.: 1690
Price: $173,730*
Features: 9 foot ceilings, Frog, 2 car garage (Painted), 3 installed Fans, Recessed Lights, Stone Veneer, Front Porch, Deluxe Master Bath, Wood Flooring in Foyer, and much more!

*Prices include $5,000 Flex Money! 

Friday, September 21, 2012

Kitchen Decor for Fall!

Tomorrow is the official first day of Fall so our blog post is dedicated to decorating the most important room in the house - the kitchen!

Here are some of our favorite ways to spruce up your cooking area for Autumn!

Use the space above your cabinets



Add Fall accents to pieces already found in your kitchen


Create Autumn vignettes



How do you like to decorate your kitchen for Fall?

Tuesday, May 22, 2012

Trying to sell your current home? Good news!

Sales of Existing Homes in U.S. Rise as Market Stabilizes

Sales of existing U.S. homes rose in April, driven by broad-based gains in demand that signal the market is stabilizing.
Purchases, tabulated when a contract closes, increased 3.4 percent to a 4.62 million annual rate, figures from the National Association of Realtors showed today in Washington. The median price jumped by the most in six years.
Owner-occupied properties are taking over from all-cash deals by investors snapping up distressed houses, the agent’s group said. Employment gains, depressed prices and record-low mortgage rates may bring more dwellings within reach of Americans, eliminating a source of weakness for the world’s largest economy just as risks from Europe’s debt crisis climb.
“We are making incremental progress,” said Millan Mulraine, a senior U.S. strategist at TD Securities Inc. in New York, who correctly forecast the sales pace. “People are becoming more confident about job prospects and about taking on mortgages. This is all positive for the economy.”
Stocks erased gains on concern that Greece was making preparations to exit the euro. The Standard & Poor’s 500 Index rose less than 0.1 percent to 1,316.63 at the close in New York. The S&P Supercomposite Homebuilder index climbed 1.9 percent.
The April sales pace was in line with the 4.61 million median forecast in a Bloomberg News survey. Estimates of the 73 economists ranged from 4.47 million to 4.8 million. The prior month’s pace was revised to 4.47 million, from a previously reported 4.48 million. April’s total was just shy of the 4.63 million reached in January that was the highest in almost two years.

Europe and Asia

Elsewhere, U.K. consumer prices climbed 3 percent in April from a year earlier after a 3.5 percent gain in the 12 months ended in March, the Office for National Statistics said today in London. The rate is within the government’s boundaries for the first time since February 2010.
Japan’s foreign investments and assets, meantime, grew to the second-highest level on record as companies used the stronger yen to make acquisitions abroad.
The U.S. real estate market’s improvement has been slow to evolve. Existing-home sales climbed to 4.26 million last year from 4.19 million in 2010. Demand peaked at 7.1 million in 2005 during the housing boom. In 2008, sales totaled 4.11 million, the least since 1995. Resales may rise to a 4.6 million to 4.7 million range this year and reach as much as 4.8 million in 2013, the Realtors group projected this month.
“We are breaking out,” Lawrence Yun, NAR chief economist, said in a news conference today as the figures were released. “With each passing month, there is job creation. Affordability has been very high. This is a very good combination.”

Median Price

The median price of an existing home climbed 10 percent to $177,400 from $161,100 in April 2011, today’s report showed. It was the biggest year-to-year gain since January 2006 and reflected a seasonal mix in demand toward bigger houses and fewer distressed sales, Yun said.
Families return to the market at this time before the start of a new school year, pushing up demand, he said. Cash transactions, distressed properties and investors accounted for a smaller share of all purchases last month, he said.
Purchases improved in all four regions, led by a 5.1 percent gain in the Northeast.
The number of previously owned homes on the market climbed 9.5 percent to 2.54 million. At the current sales pace, it would take 6.6 months to sell those houses compared with 6.2 months in March. April is usually the peak, or close to the peak, month for inventory for the year, Yun said.

Single-Family Homes

Sales of existing single-family homes increased 3 percent to an annual rate of 4.09 million, while those of multifamily properties, including condominiums and townhouses, rose 6 percent to a 530,000 pace.
The group’s affordability index, which is based on a combination of resale prices, household income and mortgage rates, reached a record high in the first quarter, a report this month showed.
Borrowing costs remain attractive. The average rate on a 30-year fixed mortgage fell to an all-time low of 3.79 percent in the week ended May 17, according to data from Freddie Mac going back to 1971. The average 15-year rate dropped to 3.04 percent, also a record low, the McLean, Virginia-based mortgage- finance company said.
Rising employment and incomes may provide more support for housing. The unemployment rate fell in April to a three-year low of 8.1 percent as employers added 115,000 jobs, according to Labor Department figures.

Pulte Orders

PulteGroup Inc. (PHM), the largest U.S. homebuilder by revenue, said orders rose 15 percent to 4,991 homes in its first quarter, and backlogs increased 12 percent to 5,798 homes.
“It was the first quarter in several years that fundamental demand came in stronger than expected,” Richard Dugas, chief executive officer of the Bloomfield Hills, Michigan-based company, said during an April 26 conference call with analysts. “We are pleased with how the year has started off, including a continuation of better sales activity thus far in April.”
Foreclosure filings fell to a five-year low in April as lenders sought to avoid seizing property. The number of default, auction and seizure notices sent to homeowners totaled 188,780 last month, down 14 percent from a year earlier and 5 percent from March, according to RealtyTrac Inc.
To contact the report on this story: Shobhana Chandra in Washington at schandra1@bloomberg.net
To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

Friday, May 18, 2012

People Are Talking!

The experts are talking about Charleston's Real Estate market!

Listen in!

Friday, April 27, 2012

Jeff Meyer featured in Post and Courier article on housing

U.S., Charleston housing markets boosted by jobs, higher rents

Local housing activity

While nowhere near their record highs, home sales in the Charleston region are showing signs of a recovery.

As of April 10, sales volume was 7 percent higher and median price was up 4 percent higher than at the same point last year, the Charleston Trident Association of Realtors said in its latest monthly report.

In all, 2,064 homes changed hands at a median price of $177,500.

During the same period of 2011, 1,933 homes had sold at a median price of $170,000.

The apartment development business also is booming. Charlotte-based Real Data estimated that about 1,600 units are under construction and nearly 3,000 have been proposed.

Most of the activity is in Mount Pleasant.
Rising rents and a healthier job market are inspiring more people to consider buying.

Builders are responding to the demand by laying plans for more homes this year than at any other point in past 3½ years.
And banks are helping both by approving more loans.
All that points to a better year for the housing market, though a full recovery could take several years.
“We’re doing so much more business than we have in years,” said Ed Kopal, who runs a construction company in East Texas and has seen his business more than double this year compared with 2011.
Others, too, foresee more enthusiasm among buyers after four sluggish years.
Charleston builder Jeff Meyer of J. Meyer Homes said he senses it.
“People are starting to feel a little bit of excitement, and they are cautiously optimistic,” said Meyer, who also is chairman of the Charleston Trident Home Builders Association. “It’s almost funny. I look at other builders and they look at me and we ask, ‘Are you doing as well as I am?’ You’re afraid to jinx it.”
Meyer said his company sold five houses over the past seven weeks in its two developments near Summerville and in Hollywood, “which is good for someone like us.”
Buyers seem to be less fearful than they were a few years ago, he said.
“Job growth is the key,” Meyer said last week. “I think we’re lucky here in Charleston that we’re seeing some job growth.”
Builders requested a seasonally adjusted annual rate of 747,000 permits to build homes in March, the Commerce Department said Tuesday. The pace hasn’t been that high since September 2008.
Of those requested, 462,000 permits were to build single-family homes. That’s 12 percent more than just six months ago. Still, the figure remains far below the 800,000 permits a year that signify a stable new-home market.
Builders are seeing more demand for apartments, too. Over the past six months, permits to build apartments have surged 68 percent to 285,000. A healthy number is closer to 400,000 a year.
In Charleston, 1,600 new units are under construction, mostly in Mount Pleasant, and nearly 3,000 have been proposed for the region, according to Real Data.
In many markets, rents are rising, which has spurred construction for both kinds of housing.
So while apartment developers in many markets are chasing higher rents, renters are seeing more incentive to buy. A survey of builders has shown an increasing amount of foot traffic at open houses across the country since September.
Kennon Reinard and her husband were among those who felt the time was right. The couple have rented a two-bedroom apartment in Chicago for the past six years. Over the past month, they looked at 14 houses before making an offer of nearly $260,000 on a four-bedroom home on the Northwest side of the city.
“We’ve always wanted a house, but we never thought we could afford one,” said Kennon Reinard, 33. “But we started noticing friends buying houses last summer, and when we checked it out, we realized we could own a whole home with a backyard without paying that much more than what we’re paying in rent.”
The Reinards and other potential homebuyers have another reason to feel good about trading rent payments for a mortgage: The job market has strengthened since last summer.
The unemployment rate has fallen from 9.1 percent in August to 8.2 percent last month. Employers have added an average of 212,000 jobs a month from January through March.
More jobs and a better outlook among buyers also could make 2012 the first year since 2008 that construction adds to growth, rather than detracts.
Record-low mortgage rates have helped persuade buyers. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan rose to 3.90 percent from 3.88 percent. The rate touched 3.87 percent in February, which was the lowest since long-term mortgages began in the 1950s. The 30-year loan is the most common financing option for home buyers.
Banks also are seeing more qualified buyers apply for loans. Two of the nation’s biggest banks, JPMorgan Chase and Wells Fargo, approved more mortgage applications in the first quarter, based on their recent earnings reports.
“The ones buying now are older, they’ve saved up for a while, they have good jobs, they are not risky,” said Karen Mayfield, senior vice president of Bank of the West, a national bank lender based in San Francisco.
Among the most basic requirements needed for home buyers: good FICO credit scores typically above 700, substantial down payments, stable job histories and thorough documentation.
The Reinards had been socking away a portion of their paychecks for all the years they rented, and both have solid credit histories. They are coming to their closing in May with a down payment of more than $25,000.
“We feel very safe in our jobs,” Reinard said. “We’ve been pretty financially responsible, so we got thumbs up after all the checks.”
John P. McDermott of The Post and Courier contributed to this report.

Tuesday, April 10, 2012

Charleston one of the 101 Improving Markets in April

Charleston, SC was included in the April list of improving housing markets according to the list released by National Association of Home Builders/First American Improving Markets Index (IMI).  Thirty-five states are represented on this list of 101 improving markets.  In South Carolina only Charleston and Spartanburg made the list.

To see the full list of housing markets visit www.nahb.org/imi.

Tuesday, February 7, 2012

Understanding USDA Loans

These days financing is a major concern for potential home buyers.  J. Meyer Homes is pleased to announce that their neighborhood Deerfield Hall is eligible for 100% USDA Financing.

USDA loans provide up to 100% financing on home purchases or refinances.  For buyers in Deerfield Hall that qualify for a USDA loan this means you will not need a down payment!

As with any financing option there are certain qualifiers or guidelines that must be met in order to be eligible for this loan.  J. Meyer Homes will be happy put you in touch with some lenders who can answer your financing questions.

To see our available inventory in Deerfield Hall please CLICK HERE