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.

Monday, September 24, 2018

How Much Has Your Home Increased in Value?

Article Courtesy of Keeping Current Matters/The KCM Blog
How Much Has Your Home Increased in Value? | Keeping Current Matters
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year.
 
CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.

The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from July 2017 to July 2018 (the latest data available). 

How Much Has Your Home Increased in Value? | Keeping Current Matters
It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor which determines how much your home has appreciated over the course of the last year.

Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.

Bottom Line

If you are planning to list your home for sale in today’s market, find a local agent who can explain exactly what’s going on in your area and your price range.

So, how's the market in Sun City?

I get asked that a lot... and it's often followed by, "I hear things aren't selling."

I make every effort to update the stats for SCCL here at my website every day and encourage you to check them out every now and then, so you can see what our market looks like for yourself.  And, please share the link with others who are interested!  Of course, I'm always here to talk to you about our market, but when you just want to see a quick overview, this is the place to come! 


Be sure to check out the Closed Sales chart for single family homes below to compare this year to the past 3 years.  Now, do you still think homes aren't selling?


Please remember that this information and MUCH MORE can be found by using the tabs at the top of the page!

Below are all the single family homes that have CLOSED here in SCCL since the beginning of June.  Note that while some properties lingered on the market for a very long time, others sold in a very short time.  Why?  Because in our current market, homes that show better and are priced appropriately, sell faster.  

Please note that the last column below shows the ratio of the closing price to the current list price.  The ratio will be different for properties that have had price reductions since the property was first listed.  You can see the additional column showing the ratio of "closing price to original list price" for this year by using the "CURRENTLY ACTIVE/UNDER CONTRACT/SOLD YTD" tab above.   It's an interesting stat to share with your friends.  (Click on the chart to enlarge and use < and > arrows to move from one to another.)


DOM = Days on Market / CDOM = Continuous Days on Market (May be different from DOM.)
BR = Bedrooms
BA = Bathrooms
HLA = Heated Living Area (Square Footage)
Price/SF = Price Per Square Foot
UC Date = Under Contract Date

All that being said, remember that all it takes is for the right person to walk through the door and fall in love with a house.  The right person is out there.  Just try to make your home show well!  Clean, declutter, freshen the paint, declutter, update fixtures and flooring, if necessary... and did I mention declutter?

Sunday, September 23, 2018

ANIMAL ADOPTION EVENT


PICK ME! SC

1,500 Adoptions in Just 1 Weekend

For the first time in history, animal shelters and rescues across South Carolina are coming together to hold an awe-inspiring statewide adoption event October 5 – 7, 2018.  This massive lifesaving mission is sponsored by Petco Foundation and is being organized by No Kill South Carolina. Whether you live in the Upstate, the Pee Dee, the Midlands or the Lowcountry, wonderful animals will be available for adoptions and incredible deals are being offered. From the Mountains to the Sea, Won’t You Pick Me SC!
Visit us on Facebook

Lancaster Animal Shelter Supporters (LASS) will be holding an adoption event at the LANCASTER ANIMAL SHELTER on Friday, October 5th, and Saturday, October 6th, from 11:00 to 3:00.  LASS will be paying part of adoption fees to allow pets to be available at a very reduced cost!  All animals have been spayed or neutered.  Please spread the word!! 

Wednesday, September 12, 2018

Hurricane Florence Will Be Hitting the Carolinas Soon

As we all start to batten down the hatches, please be sure to check on your neighbors and make sure everyone is prepared for whatever Florence may bring us.  If you waited to go out for supplies and discovered that stores were out of water, do what we did years ago - fill containers, fill pots, and fill the bathtub.  You can use that tub water to flush the toilet.  They are saying we could possibly be without power for weeks, so make sure you have flashlights and batteries ready.  Prepare for the worst and hope for the best! 

Sunday, September 2, 2018

Lots Near Power Lines Lose Nearly Half Their Value

Article Courtesy of REALTOR® MAGAZINE
August 22, 2018

 
Study: Lots Near Power Lines Lose Nearly Half Their Value


Lots located next to power lines tend to sell for a whopping 45 percent less than similar lots further away from high-voltage transmission lines, according to a new study in the Journal of Real Estate Research. Lots that are non-adjacent to power lines but are located within 1,000 feet of them often sell at a discount of 18 percent, researchers Chris Mothorpe and David Wyman, the authors of the study, found.


The study focused on the value of vacant land, eliminating other factors that could also influence price, such as home style and square footage. The researchers say land typically represents 20 percent of a home’s overall value. Therefore, the 45 percent decrease in land value would translate to a drop in total property value of around 9 percent, according to the study.


Mothorpe and Wyman, assistant professors at the College of Charleston in Charleston, S.C., culled sales data from 5,455 vacant lots sold between 2000 and 2016 in Pickens County, S.C. A network of high-voltage electrical lines are located in Pickens County from the Oconee Nuclear Station.


Mothorpe says health concerns about being near high-voltage lines are one of the factors likely driving down prices of nearby land. But a solid link between power lines and health issues remains elusive, he adds. Unattractive views of power lines also affects land prices, Mothorpe says, and residents who live near them may hear a humming sound produced by the lines. “My intuition tells me the visual [component] is the largest” factor leading to a decrease in values, Mothorpe told The Wall Street Journal.

Thursday, August 23, 2018

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

Article Courtesy of Keeping Current Matters/The KCM Blog

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? | Keeping Current MattersLast week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report:
  • There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros
  • About 14% of all listings had a price cut in June
  • Since the beginning of the year, the share of listings with a price cut increased 1.2%
  • This is the greatest January-to-June increase ever reported, and more than double the January-to-June increase last year
Senior Economist Aaron Terrazas further explained:
“A rising share of on-market listings are seeing price cuts, though these price cuts are concentrated at the most expensive price-points and primarily in markets that have seen outsized price gains in recent years.”

What this DOESN’T MEAN for the real estate market…

This doesn’t mean home values have depreciated or are about to depreciate.
A seller may put a home worth $300,000 on the market for $325,000 hoping a bidding war will occur and an overanxious buyer will pay more than its actual value. That has happened often over the last few years. If the seller gets no offers and reduces the price to $300,000, it doesn’t mean the home dropped in value. It is still worth $300,000.
Home prices will continue to appreciate over the next 12 months. In this same report, Terrazas remarks:
“It’s far too soon to call this a buyer’s market, home values are still expected to appreciate at double their historic rate over the next 12 months, but the frenetic pace of the housing market over the past few years is starting to return toward a more normal trend.”

What this DOES MEAN for the real estate market…

This does mean that sellers should be more conservative when it comes to the price at which they list their homes – especially sellers in the upper end of each market.
Sellers have been listing their homes at inflated prices hoping a super-hot market will deliver a buyer willing to pay virtually any price to ensure they don’t lose the house. That strategy has worked somewhat successfully over the last two years. However, the time that strategy would have worked may have passed.
Again, quoting Aaron Terrazas in the report:
“The housing market has tilted sharply in favor of sellers over the past two years, but there are very early preliminary signs that the winds may be starting to shift ever-so-slightly.”

Bottom Line

Prices are not depreciating. However, if you want to sell your house quickly and with the least amount of hassles, pricing it correctly from the beginning makes the most sense.

Tuesday, August 21, 2018

Golf Cart Information From Sheriff Faile

With the new shopping center opening across 521, increased traffic will likely become a safety issue for SCCL residents.  Sheriff Faile has written a letter to the Editor of Living@SCCL magazine with important information about golf cart safety.

To read Sheriff Faile's letter, click HERE.

Pook's Perception:  Even though you can, don't.  Golf carts and traffic are an unsafe mix!