Monday, December 29, 2008
Monday, December 22, 2008
N.Y. Times Says Columbia is "Reeling"
On Monday, The New York Times used Columbia, SC as the perfect microcosm for the U.S. economy. >>The article is not good, and the headline is worse.
It's intent may or may not be true, but the timing and manner the article was written was absolutely unfair. There are numerous examples of sensationalism, and even more examples of clever writing. Here are a few.
1. "A Reeling South Carolina City." - Of course Columbia isn't perfect, but I wouldn't think we're "REELING." Not only is this not flattering in a world that needs some positive thinking, but The Times put this as it's HEADLINE. Not just a headline mind you, but this is what America saw on the front page and Above The Fold! Some of us in Columbia may not think this is a big deal, but this is arguably the most read newspaper on earth. Just think of seeing this on every little wooden shelf in EVERY Starbucks in America...just to start. Oooooooooof.
2. "This is now an unfortunate distinction. Some 533,000 jobs disappeared from the economy in November, the worst month since 1974." - The way this reads to the average American, is that Columbia lost 533,000 jobs. You have to read the paragraph a few times to realize that the writer (Peter Goodman) is talking about U.S. numbers. If you know Columbia, you know this isn't possible...but this is the way it reads and it's wreckless writing at best.
3. The first project Mr. Goodman cites is the "redevelopment of N. Main St., a bedraggled corridor of hard-luck retailers that lacks sidewalks in many spots, with exposed power lines dipping down to cracked pavement." - I'm shaking my head right now. Everyone knows that as N. Main St. is part of Columbia, it is not "Columbia, SC". Although Mr. Goodman has some positive thoughts later on, to lead off with this example is irresponsible.
I'm fine with The Times using Columbia as a snapshot of the U.S. economy. What I'm not fine with is the fact that he writes how crappy the U.S. economy is, then uses the most challenged parts of our city as its examples.
If you read the rather long article, it basically paints a picture of him in line at a job fair at the State Fairgrounds and in the back seat of a car, as he rides down North Main Street.
We'll see if anyone steps up and defends our Columbia, or if we let the New York Times describe us with this "drive by" reporting.
Friday, December 19, 2008
Be Prudent, Not Proud... Lock In.
Many of you have called for advice and I figured for everyone that's called there may be several sitting at home unaware of what they can do right now to help them and their family in these uncertain times.
What's amazing is that some folks are now "upset" that they can "ONLY" get 4.875%! Worse yet, some folks are even breaking locks and leaving lenders high-and-dry because they can get .125% lower at another lender because rates moved lower after they locked. Don't get me started on that.
If you're sitting on 6% fixed or higher, give a lender a call. If you have an Adjustable Rate Mortgage, give a lender a call. Sure, you can call me - it's my paying job at Wachovia Mortgage. If you don't call me, call SOMEONE.
Today alone, here's what some folks DID (and are doing at several places across the country):
(a) saving $100 - $300 a month
(b) dropping their rate but sending in the same payment and paying off loan 7 years earlier
(c) paying no money out of their pocket (rolling costs into new loan)
My advice:
1. Know approximate balance of what you owe, what your home is worth, and your credit score.
2. Be patient for a return call from your lender.
3. Have in mind "the rate" you want or "the payment savings" you want...and take action when you get that figure.
4. Don't spend all day shopping around. Every lender is busy and rates change frequently throughout the day. While you're shopping for that extra .125%, rates may go up.
5. Forget about it after you lock. Sure, rates may drop lower than your lock but my gosh...don't let a bird in the hand get away while you sit around waiting for two in the bush
Thursday, December 18, 2008
Auburn University Has a Problem
If what my buddies said is true, the only reason the Gamecocks didn't experience what Auburn is going through is because USC had legends at the top (Holtz/Spurrier), instead of a coach with a 5-19 record.
FitsNews - The University of Auburn and the Southeastern Conference are dealing with a public relations nightmare today after a highly-qualified African-American coach was passed over for the Tigers’ head coaching job, allegedly because he has a white wife.
Ordinarily we’re inclined to dismiss this sort of thing, but in this case it’s not just former Auburn standout Charles Barkley alleging racism at his Alma mater.
According to ESPN.com football writer Mark Schlabach, two SEC head football coaches told him that Buffalo’s Turner Gill would never get the Auburn job because he is married to a white woman.
You can watch that video report here.
Plus there’s the obvious question of qualifications.
Gill has transformed Buffalo’s football program from one of the nation’s worst to a bowl-eligible team in just three seasons. The Bulls won the Mid-American Championship this year, and in a twist of Alabama irony, he’s a finalist for the Paul “Bear” Bryant College Football Coach of the Year award.
Gene Chizik, the guy Auburn hired, went 5-19 in two seasons at Iowa State.
Hmmm …
Tuesday, December 16, 2008
Ummmmmm... WUT !????
Monday, December 15, 2008
600 N. King's Grant Dr. is For Sale
This home boasts 3,570 sq. ft., has 4 or 5 bedrooms and is move in ready.
600 N. King's Grant has an open floor plan, granite/stainless kitchen and a large master suite. It also features an enormous screened porch, and a nice pool which now seems to be very much in demand. Further, it has an entire private bedroom suite that's "off" of the FROG. This room is perfect for guests as they can enjoy complete privacy.
From the street, this house is a little different from most in the neighborhood. I've heard more than once that it's a favorite KG house during Christmas time.
I'm proud to have it as part of my inventory. The home will be offered in the $600,000's.
Thursday, December 11, 2008
FJ Santa Visits Holiday Market '08
This years Holiday Market was another big success. Kudo's to the Junior League of Columbia for kicking off another Christmas season in Columbia.
During the big week, I'm there many times. However, from Noon to 2pm on Saturday, I assume my duty and put on the big red suit. For two hours, I offer candy canes to everyone that comes through the front door.
It's quite an experiment to watch which children aggressively search for Santa, and which ones are incredibly passive. It's almost painful to watch the kids who are completely terrified by the sight of the red suit and beard.
Even though my jeans are drenched and my face itches, it's still a lot of fun. I'm flattered that The League extends the invitation.
I look forward to Holiday Market 2009. Maybe next year, the little fella in the 2nd picture above will warm up to FJ Santa. I sure hope so!!!
P.S. How cute is the little peanut in my left arm in the 1st pic?! :-)
Monday, December 8, 2008
Columbia's Newest Hotsheet
>>Click for Newest Listings; Nov. 21-Dec. 7, 2008
I know it's been a long time since I've posted the MLS's newest listings.
Since I bought an ad on Facebook regarding the Junior League's Holiday Market, I wanted to give it as much "blog time" as I could. Anyway, that's the reason for the lack of blog post's last week.
Thanks, and enjoy the latest Hotsheet info.
Tuesday, December 2, 2008
Holiday Market Starts Thursday
The vendors have arrived, decorations are up and parties are set for what proves to be another huge success for my favorite organization in the Midlands. Beginning Thursday 12/4/08, the Junior League of Columbia is ready for everyone to "Mix and Mingle" at their annual Holiday Market.
It's certainly "the place to be" in early December. It's also our best opportunity to support one of the (perhaps THE) hardest working, most philanthropic organizations in the Midlands. Further, it's fun to see people from all over South Carolina visit each other for the first time since last year's Market. I know Jenna and I will be there many times beginning on Wed. night (Preview Party).
Holiday Market is the trademark event for the Junior League of Columbia. These hard working women of our community deserve our support while they raise in excess of six figures from Thursday to Sunday. Of all of the sponsorship opportunities in the Midlands, this is my event of choice.
Click on the JLC logo above for schedules, info, etc.
See You at Market! :-)
Monday, December 1, 2008
Texting At Thanksgiving Table Pays Off
Many small businesses tout the day after Thanksgiving serves as their biggest sales day of the year. In 2008, TeamFranklin gets to report the same results.
From Wednesday to Sunday, we closed a house in Wheeler Hill and put six "sides" together, as I spent the weekend at the beach with my family.
As One Rice Court closed on Wed, we had our listings on Wateree Ave., Westshire Ct., Hampton Leas Lane, and Pine Valley (not pictured) go "Under Contract" during the weekend. Three of the homes that are now "Pending" are pictured above.
Thanks to everyone that made this happen. Thank you for emailing and texting for information and counter offers, instead of having to speak on the phone. In all, we got it done.
You should have seen me texting/emailing under the Thanksgiving table. My grandmother and 15 others were a little perplexed with what I was doing, but it had to be done.
While all of this was going down, at least my wife was supportive. Now that Jenna understands the business, she was..."Let Him Use Those Thumbs!!!"
In all, I got in a little trouble. It was worth it. ;-)
Sunday, November 30, 2008
Dabo's Camp Tells Us He's the Coach
As I was looking for pictures to put up tonight regarding the Clemson/Carolina game, I ran across Dabo Swinney's 2009 Football Camp website. Note... "2009."
Obviously, I'm not the greatest source to speak about this, but this is probably the best indication that I've seen, that Mr. Swinney has the job at Clemson.
On TV Saturday, it looked like Dabo Skywalker was slicing The Emporer with a big orange light saber. For more on this, I'll leave it to the pro's. >>Click Here For Article.
All I'm going to say is that at 7-5, the USC family is confused and reeling for answers. On the contrary, Clemson is 7-5 and ecstatic. Perhaps this signifies a turning point. I know it's not that easy, but still.
Congratulations Clemson fans. You have some real energy going into the '09 season.
Tuesday, November 25, 2008
Sharp Gregg Park Home Hits Market
387 Alexander Circle boasts a whopping 3,726 sq.ft, and has 5 BR's with 3.1 baths.
This Forest Acres home features everything you would expect in a new house; Semi-open plan, hardwoods, ultra high ceilings, granite, stainless appliances, large master suite and a huge screened porch complete with a built-in hot tub. Nice!
Gregg Park is one of Columbia's newer "high end" neighborhoods (one of a very few). Located on popular Forest Drive, Gregg Park's location is about convenience. Within the popular Forest Acres, it's less than a minute from I-77 and less than 30 seconds from Trenholm Plaza (arguably Columbia's most successful retail centers). You read correctly.... Gregg Park is a stone's throw from Starbucks, The Fresh Market, Bonefish Grille and 5 Guys Burgers. Location?!
It's also worth mentioning that Gregg Park has a clubhouse, tennis courts and a huge pond that fisherman can paddle around day and night.
The home sits on a lot that's in the back of the neighborhood, which backs up to popular Shady Lane.
The home is offered for $574,900. At $154/ft., this home is listed below market value. Call/Email/Text to set up a visit.
Monday, November 24, 2008
Guns 'N' Roses; Axl Rose Returns
While everyone was wearing their "Members Only" jackets, the baddest ass oddest sounding voice in a generation was screaming at us from our car speakers and boom boxes. Guns and Roses arrived, and we loved it.
The lead singer had a voice like you'd here in a nightmare, while the lead guitar looked like the nightmare. All said, when they put it all together...they were the coolest music makers out there.
Forward almost two decades. The culprit that ruined the band (Axl Rose), has finally brought the G'n'R brand back with Chinese Democracy.
I hope it's a great album. Rolling Stone is said to have given a glowing review, while the New York Times had less than stellar things to write.
Good luck Axl. Maybe you can bring back the magic that you had in the 80's and 90's. Either way, it's about time.
Friday, November 21, 2008
Tuesday, November 18, 2008
"Flip This House" Gets Flipped
I'm not sure who's right or wrong here, but it seems to me that A&E got greedy with Mr. Davis's hit program, and decided to take the low road.
Richard Davis seems to be one of those fellows that can make things happen. I'm not saying this because he won a lawsuit. I'm giving him props for his ability to be able to "bob and weave" and "move and shake," to get in and out of a situation.
I'm not sure why the guy is compelling. Maybe it's because he doesn't seem like the sharpest tool in the shed, but still makes things happen. Maybe it was the way he made it look like anyone could turn a POS (piece of s&^%), into a desirable home in 5 days.
I have to admit, the show made Mr. Davis look like freegin MacGyver of flipping (you remember the guy who could make a hammock out of thumping a piece of Juicy Fruit hooked to a paper clip). The differnce between the two is that Davis had $50,000 worth of work, and a $7000 budget (or whatever).
Whatever happened to the Montelongo's and the other house Flippin' House teams?
The State; CHARLESTON — A federal jury awarded a South Carolina real estate investor more than $4 million Wednesday in a dispute over profits from the reality television show “Flip This House.”
Charleston jurors deliberated five hours before awarding the money to Richard C. Davis, who created the show and appeared on its first season, The (Charleston) Post and Courier reported.
Davis, who runs the Trademark Properties Inc. real estate firm on James Island, sued after he said the cable network broke an oral agreement to split profits from the show.
A federal jury awarded a South Carolina real estate investor Richard C. Davis more than $4 million Wednesday in a dispute over profits from the reality television show “Flip This House.”
Thursday, November 13, 2008
Junior League's Preview Party Is Here
The Holiday Market is the trademark event of The Junior League of Columbia. The hard working women of our community deserve our support the weekend of "The Market." Of all the fundraising opportunities in the midlands, this is my event of choice. Join me and support our Junior League.
I'll blog again as The Market approaches.
Monday, November 10, 2008
Thursday, November 6, 2008
Shakeup in Local Real Estate Industry
The union announced this morning would create one of the largest real estate firms in the Columbia area. The deal should be completed by Friday.
Combined, the two companies will have with roughly 550 local real estate agents and eight local offices, the firms said. Coldwell and Century 21 managed to find positions for employees at both firms, but will consolidate eight offices that are near each other.
Columbia-based Russell & Jeffcoat has 571 local agents at 15 Midlands offices, CEO Ron Roe said.
Coldwell Banker is headquartered in College Station, Texas, but its chief of operations Jeff Wheeler is based in Columbia. The firm has offices throughout the Southeast.
Century 21 is owned locally and run by Jimmy Derrick.
Wednesday, November 5, 2008
S.C. says "NO" to McCain, 8 Years Ago
The American presidency is not only about great candidates. The best man (person) at the time, often doesn't win the office. The key word here, is "timing."
Eight years ago, George W. Bush decided to run for the highest office in the land. In 2000, South Carolina's republican party chose the governor of Texas, over Senator McCain. We voted for the man we could see ourselves in a fishing boat with, rather than the former POW. In a heated battle, South Carolina was the springboard for George W. Bush, which set the stage that John McCain would never stand on.
Forward eight years later. Love him or despise him, President Bush is the biggest reason Sen. McCain didn't win this election. Enter, Senator Obama.
As I go though my email and look at my Facebook page, I see all sorts of anti-Obama thoughts. That's the problem in itself. McCain never had the masses FOR him. Many voters just were AGAINST Obama, which wasn't enough.
If we're happy with our eight years of Bush, then great. Having said this, if we really wanted Sen. McCain to be our president, it's mirror time in South Carolina...eight years removed.
Monday, November 3, 2008
Stand in Line, and Be Proud
Being in a line Tuesday means something. It means that you at least care. It means that you've done your part, on election day. Whether you hate both candidates, or favor one with all your heart, it's your responsibility to vote.
Go get in line, and vote...
Reminder - Charge your cell phones!
Saturday, November 1, 2008
Shakin' Head, and LOL
The Answer: Home values in the Midlands have largely held steady in the face of plummeting prices across the nation, officials say.
Shakin' head, and LOL! FJ
Wednesday, October 29, 2008
FireFly Vodka Gets Competition
I've tried the "first to market" thing, too. When we were making mailbox flags, we were in a frantic push to be the first to market. There's no telling how far we could have taken the product. We didn't make zillions of dollars or anything, but it was fun to take a new invention/design to market. However, when Jenna and I decided I should get into real estate, I never looked back.
Tuesday, October 28, 2008
Friday, October 24, 2008
Another King's Grant Home Closed
Monday, October 20, 2008
Columbia, S.C. Ranks in Top 25
USC Not Ranked; Columbia Breaks Top 25.
Whether it's in Starbucks, Mr. Friendly's or over email, I'm regularly asked..."How's the market?" I almost always respond (shaking my head slowly, and pulling my hands off of my hips), "We're doing fine. We're doing regular business."
In it's November '08 issue, Smart Money Magazine (a Wall Street Journal Publication) focuses on 25 markets that are doing just fine, or ready to rebound.
The Headline reads; "HOME PRICES: NOW FOR THE GOOD NEWS." This is great news for Columbia residents. The chart above points out that our 5 yr. price change is up 27.9%, and that our YTD Price Change is 1.7%. Notice that neither number has a (-) in front of it, nor is either number red in color.
The captions above are hard to decipher, but in the far right it speaks to Columbia's strong points. It reads; "Columbia, SC - Military, state government and university workers mix with an influx of retirees." I've probably blogged about this subject no less than 5 times. I've even received the nice comment, "Boooring." Nevertheless, if you're a seller in today's market, this is good stuff.
I realize that there are tons of FOR SALE signs out there. I also realize many Realtors are getting out of the business, because production is lacking. I also know some Realtors are having banner years, and that I am on pace to close 50 (+/-) homes this year.
Keep it up Columbia. "We don't boom, but we don't bust," is not just a spin job cliche. It's nice to see a national publication hand pick our market, as one that's holding steady.
Thursday, October 16, 2008
Winner; Joe the Plumber
In tonights third and final yawner, Senator McCain tried to morph the mental picture of a "Joe SixPack," into a hardworking Joe. It worked. It worked for 'Joe the Plumber,' who is now a household name.
Out of curiosity, I wanted to see what all the fuss was about. Below is the full conversation between Sen. Obama and the now immortalized 'Joe the Plumber.'
>>Click Here; Joe the Plumber Video in Full
I bet a ba'jillion people clicked GoDaddy.com tonight, and tried to buy JoeThePlumber.com. I have to admit, I thought about it. :-)
Monday, October 13, 2008
Saturday, October 11, 2008
Clemson Loses; Fans Embarrassed
I got this Text Message this morning; "Got a call this am. Bowden wants 2 kno if he can rake leaves this wknd. He good at gettn them in a pile but no idea what to do after that."