Monday, April 21, 2025

THANKS FOR VISITING POOK'S SUN CITY CAROLINA LAKES NEWS!

Pook's Sun City Carolina Lakes News is both a website and a blog.  It contains up-to-date information about Sun City Carolina Lakes, a premier 55+ Active Adult Del Webb golf course community located in the panhandle of Lancaster County South Carolina, just a short distance south of the Ballantyne Area of beautiful Charlotte, North Carolina.  Looking for an affordable active lifestyle?  Sun City Carolina Lakes is the 55+ community for you!

The tabs above provide access to a wealth of information about Sun City Carolina Lakes and include up-to date stats for real estate sales in the community, as well as links to places and resources that you'll want to visit often.  

Want to search for homes for sale in Sun City Carolina Lakes?  Begin your search for Sun City Carolina Lakes resale homes right here!  Using the same property search tab, you can also search for homes for sale at two nearby 55+ Active Adult communities - TreeTops by Lennar and Carolina Orchards by Pulte.  Or, better yet, contact me to create a personalized search for you through the Carolina Multiple Listing Service (CMLS).  Doing so will create a portal that will allow you access to all that's out there.  If you would like me to create a personalized search for you with automatic updates, please contact me. 

As a blog, this site contains great articles and infographics about real estate and other topics of interest.  You'll want to come back regularly to see what's new!  

Blog postings are found just below this message, with newer postings at the top and older postings further down.  Since there is a limit to how many postings appear on a page, you will need to click on "older posts" (lower right corner of each page) to see older posts that do not currently appear on the main page. There are lots of posts hiding there... don't miss them!  You can also find postings by going to the ARCHIVE on the left sidebar.

Please be sure to go to my HELEN ADAMS REALTY website for more great information.  That website also allows you to search for homes, as well as check out mortgage and warranty information, and much more!

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Please use the above tab labeled  
ACTIVE / UNDER CONTRACT / SOLD YTD
to view all currently Active, Under Contact, 
and Sold (Year-to-Date) listings in Sun City Carolina Lakes.  

Use the above tab labeled
UP-TO-DATE STATS FOR SCCL
to view the most current sales stats for
 New Listings, # of Homes for Sale, Pending Sales, Closed Sales, Average Days on Market, Months Supply of Homes for Sale, Average Days List to Close, and Average Percent of Original Price. Includes interactive graphs with monthly data going back to 2015.
 

Thursday, April 10, 2025

LET ME INTRODUCE MYSELF...


I’d like to take this opportunity to introduce myself. My name is “Pook” Bellini and I’m a REALTOR® with HELEN ADAMS REALTY.  I am licensed in South Carolina and specialize in our beautiful Sun City Carolina Lakes community.  Prior to moving to South Carolina, I was an active REALTOR® in the Scottsdale/Paradise Valley, Arizona area since 2005.  

Please click on the "ABOUT POOK" tab above for my entire bio.

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BLOG POSTINGS BEGIN BELOW
Since there is a limit to how many postings appear on a page, you will need to click on "older posts" (lower right corner of each page) to see previous posts. There are lots of posts hiding there... don't miss them!  Alternatively, you can go to the BLOG ARCHIVE on the left sidebar and search for postings by date and title.

Thursday, November 29, 2018

FEMA: Property Owners Aren’t Prepared For Disaster

Source:  National Association of REALTORS® /REALTOR® Magazine
Article by Robert Freedman, Director of Multimedia Communications at NAR/ rfreedman@realtors.org.


Too many property owners are caught unprepared when a natural disaster strikes, said FEMA Administrator Brock Long. They assume the federal government will step in and make them whole after a disaster, or they feel they don’t need protection because they’re not at risk. Both those thoughts are misguided, Long said.

First, the financial assistance the federal government provides after a disaster is far less than what property owners would get if they are properly insured—whether it’s for fire hazards, earthquakes, flooding, or another type of disaster. The typical federal assistance is about $2,500 compared to more than $100,000 from insurance companies.

Second, many properties located outside federally designated flood zones or in areas that haven’t been affected by a disaster in years are at risk. Fault lines, for example, may remain inactive for decades, but that doesn’t mean the risk of an earthquake has disappeared.

Long said proper disaster insurance is cheap compared to the cost of rebuilding and should be part of any prudent homeowner’s cost calculus, even if the insurance isn’t required to get a mortgage. Natural disasters, after all, are increasing in number and severity.
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For additional information, contact your trusted insurance professional and visit the FEMA website:  FloodSmart.gov

Further Proof It's NOT 2008 All Over Again

Article Courtesy of Keeping Current Matters/The KCM Blog

Further Proof It’s NOT 2008 All Over Again |Keeping Current MattersHome sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.

However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced in 2008. Today, let’s look at one set of statistics that prove the current market is nothing like the one that preceded the housing crash last decade.

The previous bubble was partially caused by unhealthy levels of mortgage debt. New purchasers were putting down the minimum down payment, resulting in them having little if any equity in their homes.

Existing homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home) so they walked away which caused prices to fall even further. When this happened, even more homeowners found themselves in negative equity situations which caused them to walk away as well, and so a vicious cycle formed.

Today, the equity situation is totally different. According to a new report from ATTOM Data Solutions more than 1-in-4 homes with a mortgage have at least 50% equity. The report explains:
“…nearly 14.5 million U.S. properties were equity rich — where the combined estimated amount of loans secured by the property was 50 percent or less of the property’s estimated market value…The 14.5 million equity rich properties in Q3 2018 represented 25.7 percent of all properties with a mortgage.”
In addition, according to the U.S. Census Bureau, 30.3% of homes in the country have no mortgage on them.
Further Proof It’s NOT 2008 All Over Again |Keeping Current Matters

Almost 50% of all homes have at least 50% equity.

If we take both numbers, the 30.3% of all homes without a mortgage and the 17.9% with at least 50% equity (25.7% of the 69.3% of homes with a mortgage), we realize that 48.2% of all homes in the country have at least 50% equity.

Bottom Line

Unlike 2008, almost half of the homeowners in the country are sitting on massive amounts of home equity. They will not be walking away from their homes if the housing market begins to soften.

Sunday, November 11, 2018

Veterans Day Message 2018

 

It is with grateful appreciation that we give heartfelt thanks to the men and women who have served in our armed forces, protecting our nation, and preserving the freedoms we cherish.

When those of us now referred to as "seniors" were young, we celebrated "Armistice Day" to recognize the signing of the Armistice that ended World War I and to honor those who bravely served and those who made the ultimate sacrifice on foreign soil. The main hostilities of WWI were properly finished 100 years ago at the 11th hour of the 11th day of the 11th month of 1918, with Germany signing the Armistice. Red poppies were distributed by members of the American Legion Auxillary, as a remembrance of the sacrifices of those who served during the war. 

 

The symbolism of the red poppy began with the poem IN FLANDERS FIELDS, penned by Lieutenant Colonel John McCrae, MD (1872-1918) of the Canadian Army, after presiding over the funeral of a friend and fellow soldier and being moved by the poppy flowers that grew in the Flanders battlefields on the southeast edge of the town of Waregem, Belgium. The imagery created by that poem remains an important symbol of the sacrifices of war today. On June 1,1954, Armistice Day was changed to Veterans Day to honor all U.S. veterans. 

The following explanation of the poppy story comes from the American Legion  Auxillary website.

The Poppy Story
From the battlefields of World War I, weary soldiers brought home the memory of a barren landscape transformed by wild poppies, red as the blood that had soaked the soil. By that miracle of nature, the spirit of their lost comrades lived on. The poppy became a symbol of the sacrifice of lives in war and represented the hope that none had died in vain. The American Legion Auxiliary poppy has continued to bloom for the casualties of four wars, its petals of paper bound together for veterans by veterans, reminding America each year that the men and women who have served and died for their country deserve to be remembered. The poppy, as a memorial flower to the war dead, can be traced to a single individual, Moina Michael. She was so moved by Lt. Col. McCrae's poem, "In Flanders Fields," that she wrote a response:

. . . the blood of heroes never dies
But lends a luster to the red
Of the flower that blooms above the dead
In Flanders' Fields.


On impulse, she bought a bouquet of poppies – all that New York City's Wanamaker's Department Store had – and handed them to businessmen meeting at the New York YMCA where she worked. She asked them to wear the poppy as a tribute to the fallen. That was November 1918. World War I was over, but America's sons would rest forever "in Flanders' Fields." Later she would spearhead a campaign that would result in the adoption of the poppy as the national symbol of sacrifice.


In Flanders Fields

"In Flanders Fields" is a war poem in the form of a rondeau, written during the First World War by Canadian physician and Lt. Col. John McCrae. He was inspired to write it on May 3, 1915, after presiding over the funeral of friend and fellow soldier Alexis Helmer, who died during the Second Battle of Ypres.

In Flanders fields the poppies blow
Between the crosses, row on row
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below

We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved, and were loved, and now we lie
In Flanders fields.

Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

–Lt. Col. John McCrae
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As I did last year, I would like to honor our veterans by sharing two very special music videos.

https://www.youtube.com/watch?v=m6s6KIZzxb4&sns=em
The first is this lovely rendition 
of HALLELUJAH by Sailor Jerri. 
The second, is a beautiful tribute to our veterans 
by Richard Kerry Thompson.   YOU RAISE ME UP

Saturday, November 10, 2018

HAPPY 243RD BIRTHDAY TO THE UNITED STATES MARINE CORPS

"On November 10, 1775, the Continental Congress commissioned Samuel Nicholas to raise two Battalions of Marines. That very day, Nicholas set up shop in Tun Tavern (in Philadelphia). He appointed Robert Mullan, then the proprietor of the tavern, to the job of chief Marine Recruiter -- serving, of course, from his place of business at Tun Tavern. Prospective recruits flocked to the tavern, lured by (1) cold beer and (2) the opportunity to serve in the new Corps of Marines."
Source:
 http://www.usmcpress.com/heritage/usmc_heritage.htm

Since those earliest days when the "Continental Marines" fought for our country's independence at sea and on shore, the United States Marine Corps has responded to conflicts around the world, participating in combat operations and humanitarian relief efforts by air, land, and sea. Mandated by Congress to be our county's rapid response force, the United State Marine Corps has proudly served our country for 243 years. From the shores of Tripoli to Guadalcanal and Iwo Jima, Korea, the jungles of Vietnam, the mountains of Afghanistan, the Iraqi desert, and all the operations in-between, Marines from all walks of life have defended our nation.


Each year on November 10th, Marines around the world live up to the motto "Semper Fidelis" (Always Faithful) as they celebrate the birth of the Corps. Whether attending a formal Marine Corps Ball or a small informal gathering, or even with just a phone call or a handshake, those who share the bond of being one of "The Few. The Proud." proudly honor the values, traditions, and history of the Corps on this day by wishing each other  a Happy Birthday. 

Each year Bob Parsons, founder of Go-Daddy, shares his love for "Mother Green" by presenting a birthday video to honor the United States Marine Corps.  Here is a link to this year's video:  2018 USMC Video.  
  
Additionally, each year the Bob & Renee Parsons Foundation partners with the Semper Fi fund to raise funds to provide financial support for wounded, critically ill, and injured members of all branches of the U.S. Armed Forces.  Last year, they raised more than $20 million dollars.  Again this year, the Foundation will match donations dollar-for-dollar up to $10 million dollars. 
To donate, please visit: SemperFiFund.org

On a personal note...
In Loving Memory of  Bob "Heavy" Petrella
Today and always we remember with deep love and affection our dear friend, Bob "Heavy" Petrella, USMC Captain during the Vietnam War and recipient of 2 Purple Hearts and a Bronze Star for Valor. Heavy will always be with us in spirit.

SEMPER FI!

Thursday, November 8, 2018

75% of Renters Have Been Misinformed

Article courtesy of Keeping Current Matters/The KCM Blog


75% of Renters Have Been Misinformed | Keeping Current MattersRecently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part of the American Dream – owning a home.

In 2008, the housing market crashed and home values fell by as much as 60% in certain markets. This was the major trigger to the Great Recession we experienced from 2008 to 2010. To come back from that recession, mortgage interest rates were pushed down to levels that were never seen before.

For the last ten years, you could purchase a home at a dramatically discounted price and attain a mortgage at a historically low mortgage rate.

Affordability skyrocketed.
Now that home values have returned to where they should be, and mortgage rates are beginning to increase, it is less affordable to own a home than it was over the last ten years.

However, what is not being reported is that it is MORE AFFORDABLE to own a home today than at any other time since 1985 (when data was first collected on this point).

If you take out the years after the crash, affordability today is greater than it has been at almost any time in American history.
This has not been adequately reported which has led to many Americans believing that they cannot currently afford a home. 

As an example, the latest edition of Freddie Mac’s Research: Profile of Today’s Renter reveals that 75% of renters now believe it is more affordable to rent than to own their own homes. This percentage is the highest ever recorded. The challenge is that this belief is incorrect. Study after study has proven that in today’s market, it is less expensive to own a home than it is to rent a home in the United States.

Thankfully, some are starting to see this situation and accurately report on it. The National Association of Realtors, in their 2019 Housing Forecast, mentions this concern:

“While the U.S. is experiencing historically normal levels of affordability, potential buyers may be staying out of the market because of perceived problems with affordability.”

Bottom Line

If you are one of the many renters who would like to own their own homes, talk to a local real estate professional to find out if homeownership is affordable for you right now.

Thursday, November 1, 2018

SCCL SALES STATS THROUGH OCTOBER 2018

SCCL Stats are updated regularly... Use the links below or the tabs at the top of this page to check in frequently for the most current information.  

The following information is current as of 11/1/18.

UP-TO-DATE STATS FOR SCCL 


















































CURRENTLY ACTIVE / UNDER CONTRACT / SOLD YTD

Thursday, October 25, 2018

Where Are Home Values Headed Over the Next Few Years?

Article Courtesy of Keeping Current Matters/The KCM Blog


There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions:

Where are Home Values Headed over the Next Few Years? | Keeping Current MattersThe Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.

Zelman & Associates – The firm leverages unparalleled housing market expertise, extensive surveys of industry executives, and rigorous financial analysis to deliver proprietary research and advice to leading global institutional investors and senior-level company executives.

Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing within ever-changing business environments.
Freddie Mac – An organization whose mission is to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions extending to all communities from coast to coast.

The National Association of Realtors (NAR) – The largest association of real estate professionals in the world.

Fannie Mae – A leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets always.

Here are their projections of prices going forward:

Where are Home Values Headed over the Next Few Years? | Keeping Current Matters

Bottom Line

Every source sees home prices continuing to appreciate – just at lower percentages as we move through the next several years.