Lake Keowee Real Estate Expert Blog Halfway Home

2022 is now halfway over around Lake Keowee (Happened quick, didn’t it?) and a strange half-a-year it’s been. We keep thinking that Lake Keowee real estate might cool off a bit, but it hasn’t. Sellers have slowed, yes. Buyers on the other hand have not. Pretty much as soon as we get a Lake Keowee property up and, on the market, we get it under contract. We’ve got to say, that’s the way we like it.

Reality is this situation, like all situations doesn’t last forever. There will be a turning point. Hopefully, it will be gentle. With the lack of inventory odds are that will be the case as there don’t appear to be sellers in great numbers ready to sell making it less likely to have not enough buyers as was the case in 2010. How will it affect values? In the short term we expect them to stay up barring any big shock to the system (wars, terrorist attacks and the like). In the long term there are many factors that will play a role. Will employers push hard for employees to return to the office? Will interest rates level off and go back down? Will Russia invade more countries? How long will we have high inflation? And the list goes on.

Where does that leave us right now? Plenty of Lake Keowee real estate buyers, not enough Lake Keowee waterfront inventory. That’s where you come in. If you own and have thought it’d be a good time to take advantage of the run up in prices. Now is probably a good time to sell. If you are a buyer, let us set you up on an automatic search being very clear on what you are looking for and how much you are prepared to spend. What you are looking for is the easier part, how much it will cost you is where the rubber meets the road.

How to Sell Your Home For The Highest Price Possible

Here’s how to avoid mistakes that could cost hundreds, even thousands of dollars, when you sell your home.

The old notion of caveat emptor – “buyer beware” – has been turned on its head. Lately, with all of the talk about “buyers’ markets” and “changing real estate values,” as well as the myriad complexities and legal ramifications of today’s real estate transaction, a more appropriate sentiment may be “seller beware.”

Know What Upgrades Will Bring You the Best Return

Remember quality counts, up to a point.

If the stove in your kitchen is broken or extremely worn, replace it with a middle-of-the-line model from a well-known, quality appliance manufacturer rather than the best of the best.

At the same tie, making shoddy repairs or using cheap replacements to “get by” may save your initial investment, but won’t get you anywhere in the perceived value of your home.

Check out the Lake Keowee Real Estate numbers for the year

Absorption Houses and Lots May 2022

Year End Numbers 5 31 22

Lake Keowee Area News Corner

DNR reminds boaters about ‘wake surfing’

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Special to The Journal The South Carolina General Assembly approved a law this year prohibiting wake surfing within 200 feet of a dock, a person in the water or an anchored watercraft.

Catch bluegills all summer long

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Bluegill spawn in relatively shallow water and are not difficult to find if you know what to look for. (Courtesy of Billy Blakley)

John’s Marine files appeal after BZA ruling

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Jimmy Ratliff of John’s Marine Service, center, listens to the Oconee County Board of Zoning Appeals during a meeting in Walhalla. File