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Simone Weithers | Mary Cheatham King Real Estate Blog

Wednesday, May 23, 2018   /   by Simone Weithers

2018 Spring Review: Q&A with Mary Cheatham

Q: You’ve been a top producer in Carteret County real estate sales for 15 years. What is your assessment of current market conditions?
A: The data is a bit misleading–our local market is stronger than it’s been in 10 years. Sales volume has increased over last year but prices haven’t significantly gone up yet. I predict that is about to change and that we’ll see increases in sales prices throughout the rest of 2018.  
 

Q: Why do you think prices will go up the rest of the year?
A: While there are all sorts of factors at play, we can simply look at supply and demand.  The number of months it would take to sell our local supply of properties for sale is at a 12 year low!  Less inventory will drive prices up as buyers have fewer properties to choose from.


*See chart below.






Q: What do tightening of inventory and your projections regarding an increase in sales prices mean for your buyers and sellers?
A: My te ...

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Monday, December 18, 2017   /   by Simone Weithers

Olde Towne Yacht Club | Featured Home

Olde Towne Yacht Club
Unit 404

 




This lovely condominium at Olde Towne Yacht Club will have instant appeal for beach lovers. With unbeatable panoramic views of the ocean and the inlet, you can take in the sunset and the sunrise from your own private balcony.









The bright, clean, neutral and white interior provides a restful backdrop for breathtaking views of sea and sky. Huge windows adorned with plantation shutters, stainless steel appliances, cool tile floors and access to pool and beach make this spot the ultimate home or vacation spot. With the extra bedroom and bath, making this a 2/2, you will be sure to have out of town guests knocking at your door, looking for a little taste of heaven.








Olde Towne Yacht Club boasts a world-class marina with everything a serious boater would need.  Kick-off your cruise from OTYC and arrive on Shackleford Banks or Cape Lookout in minutes. Spend the day fishing, climbing the lighthouse, or ...

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Friday, December 15, 2017   /   by Simone Weithers

CURB APPEAL | Painting Your House

Your house is your home, your refuge, your sanctuary. Where you sleep, eat and …live!  You see it every day, so to say it’s familiar might be an understatement.  When trying to make changes and enhance your home’s appearance and allure, try looking at it from an outsider’s perspective.  Take in what’s already there and what you aren’t going to change—like the roof, the windows or the walkway—when you pick your palette.  For example, if you have a lot of stonework, you might choose pearl grey for the house, cream for the trim and slate blue for accents like the front door or shutters.




Location is another factor to consider when choosing your exterior paint colors.  You can evoke feelings of the woods and nature with mossy greens, soft browns and grays.  Or go coastal and elicit feelings of the seaside with warm ocean breezes and sand beneath your feet.  For this look, use varying shades ...

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Thursday, December 7, 2017   /   by Simone Weithers

Winter Q&A with Mary Cheatham

How has the market changed so far in 2017?
 
With sales volume up and inventory down, it’s a great time to be a seller in Carteret County. Statistics show that our market has less available property and that homes and condos are selling more quickly than last year.  For example, a real estate market’s ‘months of supply’ is the measure of how many months it would take for its current inventory of homes on the market to sell, given the current pace of home sales. In Carteret County, that rate has fallen from 11.4 months to sell accumulated inventory in 2016 to just 8.7 months for this year. Furthermore, year to date home sales values totaled $332 million through the end of the third quarter last year compared to $417 million for the same time frame this year – more than a 25 percent increase.* All of these measures are indicators that 2017 will continue to be a strong year for Carteret County.

*Data is from Carteret County Multiple L ...

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Wednesday, April 26, 2017   /   by Simone Weithers

LOCAL AUTHOR | Kristy Woodson Harvey

Mary Cheatham and Kristy at the Harvey’s renovated home on Front Street in Beaufort, NC.

In 2012, Mary Cheatham helped Kristy Harvey, her husband, Will, and their young son purchase a second home on Front Street in Beaufort.  The historic home they selected was in disrepair, but Kristy and Will saw the potential and undertook the renovations. Today, the property is their full-time home, nothing short of a show place, and the site of the pre-launch party for Kristy’s latest novel, Slightly South of Simple.

Mary Cheatham says, “I knew Kristy was writing when we worked together on the Front Street purchase, and I was blown away when I picked up her first book, Dear Carolina, a couple of years later.  When Lies and Other Acts of Love came out, I read it in one sitting and then immediately texted Kristy to discuss the characters. I love Southern Fiction and she nails it!”





Slightly South of Simple

Partnering with the Beaufort Histori ...

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Mary Cheatham King Real Estate
5113 US 70 West, Suite A
Morehead City, NC 28557
252-518-5222

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