Moving to Nexton & Charleston Metro

10/31/2024

Woke up a little chilly, I know it’s Halloween, but MERRY CHRISTMAS 🎄

07/05/2024

I hope you had a fantastic 4th! Let's catch up on the latest in the economy.

Thanks to Branch Manager Heather Devoto of First Home Mortgage here’s what you need to know:

With the new non-farm payroll report, we now have a clearer picture of the current economic state. Here’s the scoop:

Context & What’s Changed

Inflation and Interest Rates: The economy moves in cycles, and the current cycle began after the pandemic reopening. Prices for goods and services increased significantly. The Federal Reserve raised interest rates from nearly zero to about 5.50% to control inflation. Mortgage rates also increased, going from around 3% to 7%.
Fed’s Goals: The Fed aims to keep inflation at 2% and maintain low unemployment.
Current Situation: Inflation is around 2.6%, getting closer to the target. Despite the rate hikes aimed at slowing the economy, the unemployment rate remains low at 4.1%, with 206,000 new jobs recently added.
Here's a chart showing the recent trend in inflation. We've kept inflation below 3% since October, and last week it was down to 2.6%. We're close to the Fed's goal of 2%.

The Fed’s Current Debate

Challenge: The Fed’s policies seem to be working, but inflation hasn’t reached the 2% target yet.
Caution: They are cautious about cutting rates too soon.
Economic Growth: Growth is slowing, and hiring is decreasing. The current policies might push the economy toward a recession.
Upcoming Decision: The Fed needs to decide whether to cut rates at the next FOMC meeting on July 31st, with a potential rate cut expected in September.
Presidential Debate Update

Polls: Recent polls show Trump leading Biden by 6 points.
Upcoming Interview: Biden’s upcoming interview could influence his campaign.
Market Reaction: The market reacted to the first debate by anticipating a Trump presidency, which is seen as more inflationary due to potential tax cuts.
Uncertainty: The election’s impact on the economy is uncertain, but the Fed aims to stay neutral and make decisions based on data.
What’s Next?

Upcoming Reports: The next CPI inflation report on July 11th and future payroll reports are crucial.
Economic Trends: The economy is slowing, and the unemployment rate has slightly risen. The Fed will consider this in their discussions.
Election Impact: The election remains unpredictable, but recent data is positive for the rate environment.

07/02/2024

NEWS YOU CAN USE! 💡 IN THE MARKET TO BUY A HOME NOW OR IN THE FUTURE? Well! The laws have changed!

On August 17th a REALTOR®️ (which majority of us are and typically required to join these boards that deem us to be REALTORS®️ by our brokerages - Fun fact, right?) WILL NOT BY LAW be able to show you a home unless you have signed an agreement with them.

What does this mean for you? 🤔

Any real estate agent who is a REALTOR®️ must abide by these new laws. Meaning you MUST sign a written Buyer’s Agreement BEFORE touring. So here are suggested steps and strategies:

1. Research the area and have an idea of what you’re looking for, that could be by social media, talking to friends, even asking various SOCIAL forums about THEIR experience in relocating / certain areas, schools, taxes, local government, lifestyle, crime (something we CANNOT discuss).

2. Interview an agent - work with who you like and trust. But remember ☝🏾who you like doesn’t always mean they’re the best fit for the job. Ask for references of past clients, I offer this to any client I work with. Just because someone sells “a lot of homes” doesn’t mean they are the right fit FOR YOU.

3. Make a checklist of what’s most important TO YOU in your home buying experience. Is it efficiency? Is it personal touch and fluff by your REALTOR ®️? Is it experience? Whatever it is, make your WANTS / NEEDS know UPFRONT.

4. The more transparent you are, the better job your REALTOR®️ can do. This will make signing an agreement upfront a lot less painstaking and fearful, because you’ll both be working towards the same goals from the START, with fewer surprises along the way. Make sense?

⚠️ Also, I HIGHLY recommend posting anonymously, UNTIL you’re ready to find your REALTOR®️ so you won’t be bombarded with REALTORS®️ if you’re JUST looking for feedback from locals.

(Sorry REALTOR®️ friends, but you know it’s true)

➡️ Then when you’re ready, free post (if using social media) to look for a REALTOR®️ that you would like to work with and I PROMISE, many will cast their pitch or information.

For more information or advice, please do not hesitate to reach out. Majority of my clients are those relocating, something I did myself.

TENURED, AWARDED, SOLUTION-DRIVEN.
[email protected]
443.538.9384 📲

REAL ESTATE PROFESSIONAL @ Residential | Commercial. Your Awarded REALTOR ® Multi-State Services Provided for Residential & Commercial Real Estate.

05/28/2024

Are you a VETERAN? Then this is a MUST READ.

Contact me for your personalized strategic plan for purchasing.

Chelsea Bolden, REALTOR®️
443.538.9384📲
Chelsea Bolden, House & Home Coastal

05/27/2024

Remember & Honor.

05/24/2024

3x in 2 weeks! Stoked because each client closed with EQUITY! It’s not about how many deals I do that gets me excited, it’s about the QUALITY of delivering SOLID service as an ADVISOR. That’s the sauce for me.

FAQ - Answered as an ADVISOR, not a SALESPERSON:

⭐️Is there competition in the market? ✅ Yes
⭐️Should you be prepared to make some concessions? ✅🚫Yes & No
⭐️Does your deal structure matter? ✅ Yes
⭐️Is your home an appreciating asset that you live in? ✅ Yes - it SHOULD be
⭐️ Should you be afraid of this market? 🚫
⭐️ Is it a good time to buy? ✅ Yes
⭐️Do you need “a lot” of money to purchase? ✅🚫 Yes & No - it depends on your GOALS & definition of “a lot”
⭐️Will you experience “Buyer Fatigue”?
✅🚫 Yes & No, depending on multiple factors, including WHO you work with & HOW.

Let’s chat to determine your purchasing solutions! 👇🏾

Chelsea Bolden, REALTOR®️
443.538.9384📲

Contact Card Link
https://blinq.me/dkGYLdmy608A

05/22/2024

Did You Know? 💡
I service areas THROUGHOUT South Carolina! Just closed TWO homes within ONE week of each other, a third to go in SOUTH CAROLINA. Average price points are $400-$1.3m in my past sales.

Check out the list below for YOUR coverage area needs in Residential or Commercial Real Estate:

In the Charleston market:

North Charleston (a lot of flip projects & small in-fill projects)
Summerville (Heavy development)
Moncks Corner (Heavy development)
Ravenel (Heavy development)
Mount Pleasant (High end development)
Goose Creek (Mixed Development)
Hanahan (Mixed Development)

In SC, but near the Charlotte, NC market and is being highly developed:

Fort Mill
Rock Hill
Lake Wylie
Pineville

South Carolina MID MARKET, Columbia Metro:

Lexington
Irmo
Seven Oaks
Oak Grove

CHELSEA BOLDEN, REALTOR ®️
443.538.9384📲

04/03/2024

QUARTER 1 2024 | Q1, 9 Real Estate Transactions Under Contract and/or Closed. Who will be next for Q2?

📍Maryland, Virginia,
South Carolina & Referral Agent throughout the US. 🇺🇸

Chelsea Bolden, Real Estate Services
Chelsea Bolden, House & Home Coastal

Chelsea Bolden, REALTOR®️
443.538.9384📲

03/22/2024

Prediction Time! What do you think will be the “Song of the Summer” for 2024?

03/14/2024

It’s Spring & it’s still all black, just in linen & less fabric.

Chelsea Bolden, REALTOR®️
443.538.9384📲
✨
Berkshire Hathaway

03/14/2024

Out now: the Spring 2024 issue of Berkshire Hathaway HomeServices Prestige magazine. This issue spotlights remarkable properties from across the network, while exploring the draw of luxury homes with million-dollar views, the rich culture of New Orleans, the evolution of garages into luxury havens, and the vibrant transformation of Washington D.C. Read now here:

https://lnkd.in/gEdym8GU



Chelsea Bolden, REALTOR®️
443.538.9384📲
Berkshire Hathaway

03/07/2024

Interested in local New Construction in the DMV or Charleston, SC? Call me, experienced, awarded & tenured. Let’s plan your customized experience together and get you into your new home.

Chelsea Bolden, REALTOR ®️
443.538.9384📲
Chelsea Bolden, Real Estate Services
BHHS PENFED REALTY