Monthly Archives: June 2010

The shrinking new home

Homes have increased in size for nearly three decades according to the Census Bureau, but not in 2009.  The average new home shrank for the first time by nearly 100 square feet.  New home size peaked in 2007 at 2,521 square feet, but now the average fell to 2,438. As square footage is falling, people [...]

Do men and women agree when it comes to home buying?

ZipRealty surveyed 1,000 home shoppers to find out if men and women are looking for the same features when it comes to home buying. Here are the top 10 features most desired by men: Garage or designated parking space – 85.5% Master suite – 79.8% Ample storage space – 71.2% Guest bedroom – 70.2% Large [...]

Christie’s Great Estates

View the latest issue of Christie’s Great Estate online now.  Be sure to turn to page 179 and see properties from William Means Real Estate. 534 Sehoy Drive located in Hobcaw Point just outside of Charleston features over 6,800 square feet on a half acre just steps away Hobcaw Creek and the marina. 24 Queen [...]

Victorian, Harleston Village Gem

80 Rutledge Avenue could be your own private downtown Charleston oasis.  5,400 square feet of living space with gated off street parking, in-ground pool, courtyard and rooftop deck for your enjoyment.  Circa 1908, this Victorian home features period moldings and trim, a grand staircase and breathing taking foyer.  Oversized piazzas on the back of the [...]

Local Homes Sales Rise Again In May

Numbers were released earlier this month from the Charleston Trident Association of Realtors indicating homes sales rose again in May by double digits.   Last month, mortgage rates fell to a record low and the buzz about the home-buying tax credits continued.  CTAR reported 878 closings last month in the tri-county area.  Those closings represent [...]

What is a 1031 Exchange?

“A 1031 exchange, otherwise known as a tax deferred exchange is a simple strategy and method for selling one property that’s qualified and then proceeding with an acquisition of another property (also qualified) within a specific time frame. “ Contact Paula now: paulawadley@williammeans.com

Who can I talk to about tax implications?

Who should I talk to about tax implication of buying and selling homes? “Tax implications can be complicated at best.  Each individuals situation is unique to that person.  You should always look to qualified individuals who work with these issues on a daily basis such as your CPA or an Attorney who is qualified in [...]