Plumbers in Ravenel, SC

RAVENEL — This small town of 2,700 people southwest of Charleston could double in population within 10 years to the current size of neighboring Hollywood as more than 1,100 new homes are built in two previously annexed large tracts and another one vote away from being added.

At the same time, officials are considering annexing another parcel for more new residences, its fourth tract in two years.

Ravenel’s planning board will consider a request March 23 to annex 20 acres on New Road adjacent to a 24-acre parcel already in the town for a new housing development called The Stables on the combined 44-acre tract.

Homebuilder D.R. Horton plans to build 52 single-family houses on 19 acres, according to site plans. The company also wants to set aside just over 1 acre for commercial space, about 8 acres for a water feature and 16 acres for green space. Part of the property is undevelopable wetlands.

The development, south of U.S. Highway 17 at 5823 and 5827 New Road, would have public water but be served by septic systems.

The pending annexation comes as the town considers a proposal to annex 755 acres on Davison and County Line roads for a new housing project called The Preserve. Augusta-based developer Southeastern wants to build 350 homes and set aside 25 acres for commercial space across from the firm’s Poplar Grove development.

Historically, dramatic interest rate hikes hit the residential housing market in 2023 like the Tasmanian Devil, upsetting both supply and demand and contributing to sagging month-over-month home sales all year. Yet here’s a couple of cheery facts that should allow interest rates to sleep better at night:

Today’s Fed Fund rate of 5.5% is a half-point lower than the average of the past half-century. Sure, that includes the inflation-strangling rates of the 1980s, but it also includes the free-money giveaways of the last couple of years.

Likewise, the average mortgage rate since 1973 has been a half-point higher than today’s, just under 7%. And with the Fed’s recent announcement of rollbacks in 2024, it’s time to quit blaming the payment schedule for slow sales, dropping commissions and your cousin’s gout.

Indeed, the runup in interest rates narrowed the already thin range of affordability in the Charleston real estate market in 2023 and renewed the shine on renting for potential buyers and on sitting tight for potential sellers because, as Albert Einstein demonstrated, everything is relative, including mortgage rates, and compared to the beauty pageant rates of the past few years, average is ugly.

What Lies Ahead for Charleston Real Estate?

With stagnant sales and moderated price hikes in the rearview mirror, what do the experts foresee for 2024 and beyond? The good news is that they foresee good news – for buyers and sellers. Somewhat lower rates, somewhat higher prices, somewhat better sales, and significant gains in the long-term for homeowners whenever they catch the homeownership bus.

Now you’re asking, why are lower rates and higher prices good news for buyers? Don’t they cancel each other out? Good question; thanks for asking. Lower rates may lure existing homeowners back into the market to trade up or down. In addition, a one percentage point drop in the mortgage interest rate is more impactful than a few percentage point hikes in home prices. As David Slade pointed out in his Sunday Dec. 17 Post and Courier column, a family prepared to pay $2,000/month for their mortgage can buy a $300,000 house today, but a $335,000 house if mortgage rates drop to 6%. That’s an 11% boost in buying power, about twice the increase expected in home prices in 2024.

If rates continue declining as expected – with the caveat that nothing is less certain than a prediction about the economy – adjustable rates and refinancing will reduce monthly payments even as home values rise. For today’s buyers, 3-2-1 buydowns and 3-year ARMs can be money-saving options as rates fall and drag payments down with them.

These predictions are based on ordinary supply and demand, as opposed to the bubble of the mid-2000s that eventually burst. The inventory of homes for sale recently crossed the 3,000 mark in the Charleston area, about half of what would be needed to slake demand. It remains a seller’s market going into the new year, though less so than two years ago. Developers can’t keep up with the influx to the area of 10,000 people annually, so that problem will persist. The National Association of Home Builders predicts challenges with securing land, skilled labor, and materials, which will prevent them from building enough residential units to meet nationwide demand at least through the decade, leading to a sellers’ market across the country for the foreseeable future.

Nowhere is that more certain than Charleston, with its ballooning population and water-hemmed land masses.

Interest Rates, Taxes and Insurance

For the coming year, the status of mortgage rates will be the primary determinant locally of a loosening market, says Drew Grossklaus, sales director and broker-in-charge for William Means Real Estate’s East Cooper office, and the president of the Charleston Trident Association of Realtors.

“If the interest rate comes down, the supply-demand curve should be better, and we’ll see increased inventory. If we see 5% again on the interest rate, we could have a nice increase in sales next year,” he said. It would take a real softening in the economy for mortgage rates to get quite that low, and few economists are predicting it, but it’s something to dream about.

For luxury buyers, mortgage interest rates have not been a wild card because sales on Kiawah, Seabrook, and Sullivan’s often involve vacation homes and tend to be done in cash. Homeowner’s insurance can play a role, as older homes on slabs near the water, like much of the inventory on Seabrook, can carry insurance costs of $10,000 on a $1 million property, says Ryan Straup, sales executive and Realtor at Seabrook Island Real Estate.

While homeowner’s and flood insurance can be burdensome, they are a drop in the bucket in the second-home luxury market, where expensive houses attract big tax assessments. Straup had clients who were moving from Maryland and paying $25,000 in taxes on a $1 million home. On John’s Island, they could get a similar house for $500,000 and pay $1,855 if they lived there.

The luxury market is often a horse of a different color. Prices skyrocketed this year, with record-breaking amounts fetched for downtown and Mt. Pleasant properties, including the April sale of 100 Haddrell St. on Shem Creek for just under $15 million. Dozens of upscale properties sold for more than $4 million this year in areas like Sullivan’s Island, Daniel Island, Mt. Pleasant’s Old Village and on the peninsula South of Broad. Whether that tide ebbs depends more on individual circumstances than larger market forces.

For the rest of the market, real estate professionals are awaiting spring, that time of rebirth when Cupid’s arrow strikes lovers’ hearts. But more importantly, it’s when houses begin going on the market in droves. Combined with some rate-cutting by the Federal Reserve, many agents expect that is when things will shake loose.

“I’m telling my clients to get ready. I believe more inventory is going to drop in ’24,” said James Badia, Realtor and broker associate at Pam Harrington Exclusives. For agents like him working on upscale developments on Kiawah and Seabrook, there is little new development to work with. Houses go up for sale because homeowners from out of the area who bought here to be near the beach, or their grandkids have either tired of the beach or aged out after 20 years and are ready to go elsewhere. Because second homes are not necessities, Badia’s clients might wait five years for the right fit.

Should You Wait to Buy or Jump in Now?

Ordinary buyers might also take stock before buying for some different reasons. They may wait for interest rates to fall for that big bump in affordability.

Another reason for potential property buyers to wait is politics. This is particularly true of investors, more than those buying their own homes. The coming year is a presidential election year, “which keeps some people sitting on the sidelines to wait and see which candidate wins so then they can make their real estate and other investment decisions accordingly,” said Leslie Turner, co-owner of Maison Real Estate.

One homebuying cohort that probably won’t wait to purchase is those seeking refuge from the country’s cold, high-tax, high-traffic parts. For them, the savings begin accruing the moment they come down to this region, which remains lower in cost than the big cities for now. A median-priced house in Boston and New York costs roughly $800,000, and in Los Angeles, it costs $1,150,000, nearly three times the median Charleston-area home. Add the impact of lower real estate taxes, and it’s easy to see why some states seem to be emptying into the Lowcountry.

Buying to Live More Than to Profit

Moreover, says Grossklaus, “Life doesn’t stop.” Families need to move for a variety of reasons – they’re growing, or the rent is doubling, or the building is being sold, or they’ve grown weary of the daily commute, or… whatever.

“If you really need a house and interest rates remain high, you can always refinance later,” said Badia. “If the perfect home comes for you now, don’t wait.” The primary two reasons to own a home are to establish family stability with roots in a community and to make payments for shelter to yourself instead of to a landlord, neither of which is affected by momentary market conditions.

Real estate experts advise buyers to get into the market when they can because whatever the macroeconomic conditions are, Charleston real estate will likely appreciate for the foreseeable future. Inflation, recessions, and ephemeral gyrations in the real estate market don’t change Charleston’s good weather, ample recreational activities, culture, history, and proximity to beaches and the ocean.

“It’s hard to find what Charleston has to offer, and those things are not changing,” said Grossklaus. But he admits that the region has some work to do to accommodate all the new residents and residences.

“It means addressing mass transit and being insightful and thoughtful about housing in Charleston,” he said. “Affordable housing needs to be addressed. We will have demand; the thing is to keep up that supply.”

Southern Charm alum Thomas Ravenel dragged his ex Kathryn Dennis after her former costars spoke out in support of her at BravoCon.

'The worst person in the world I know is Kathryn Dennis and the total losers who make excuses and applaud her horrific behavior like Craig [Conover] and Shep [Rose] and Austen [Kroll]. Total Losers,' the 61-year-old politician - who recently suffered a punctured lung in a polo accident - wrote in a since-deleted tweet on Tuesday, per Page Six.

After a fan asked Ravenel on X why he 'picked' Dennis to be the mother of two of his children -- the exes share eight-year-old daughter Kensington and six-year-old son St. Julien -- the former reality star replied, 'Damn good question! You got me there!'

When another X follower inquired online, 'So what has set off this tangent? What has KD done this time?', Ravenel answered, 'She was involved in a hit and run at an elementary school crossing. Anymore questions???'

In October, a vehicle registered in the 32-year-old's name was involved in an alleged hit-and-run at Whitesville Elementary School in her native South Carolina.

Critic: Southern Charm alum Thomas Ravenel dragged his ex Kathryn Dennis after her former costars spoke out in support of her at BravoCon

Harsh words: Ravenel said, 'The worst person in the world I know is Kathryn Dennis and the total losers who make excuses and applaud her horrific behavior like Craig [Conover] and Shep [Rose] and Austen [Kroll]. Total Losers'

Ravenel's social media slams came after Conover revealed at BravoCon over the weekend that the cast was 'in touch' with Dennis -- who departed the series after eight seasons in January.

'The door’s always open and I think she’s working on herself and has a lot of work that she has to do before she comes back,' Conover said on the panel.

Rose added, 'We’ve come a long way and you’ve all seen the bumps and bruises and all that stuff and unfortunately, Kathryn stumbles sometimes.

'We do love her because there’s a person right inside of her that we know is a good person.'

In May, it was reported Ravenel temporarily won custody of their two kids after a long custody dispute since their separation in 2016, per The Sun.

Thomas originally filed for sole custody in 2020, with Kathryn temporarily losing custody in 2021.

In 2021, after he was temporarily awarded full custody, his attorney said: 'I can confirm the information released last week that Ms. Dennis currently has weekend, daytime supervised visitation with the parties' minor children and that Mr. Ravenel plans to relocate with the children to Aiken, South Carolina this summer.'

The pair previously shared joint custody of their children, and the arrangement worked well for the exes, according to the Southern Charm star.

Still friends: Ravenel's social media slams came after Conover revealed at BravoCon over the weekend that the cast was 'in touch' with Dennis -- who departed the series after eight seasons in January; Conover and Rose at BravoCon 2023

Better days: Ravenel and Dennis first began dating in 2013 before splitting up for good in 2016

Departure: Dennis departed the series after eight seasons in January

'We actually have a great coparenting relationship,' she told Us Weekly in November 2019.

'It's good for him, it's good for me. We're moving forward, which is the first time I've said that in a long time and it feels good.'

The positive words struck a contrast to their otherwise ugly custody battle, with Thomas accusing Kathryn of being addicted to prescription medications and marijuana, among other allegations. Dennis denied the accusations.

Ravenel and Dennis first began dating in 2013 before splitting up for good in 2016.

Thomas Ravenel was a beloved reality star and budding politician until he faced an accusation of sexual assault. He settled out of court.

The Gist:

Generational wealth in the American South opens gates to a whole new universe. In Bravo's Southern Charm, fans get a peek into the action and, for a time, Thomas Ravenel was a part of that.

He is an example of reality TV meeting politics. After all, he is the son of former Representative Arthur Ravenel Jr. Plus, he himself was Treasurer of South Carolina under Governor Mark Sanford. However, what has his life away from the show been like?

What happened to Thomas Ravenel?

While Southern Charm started in 2014, Thomas was booted in 2018. His nanny, Dawn Ledwell, accused him of sexual assault and filed a lawsuit against him in federal court.

According to an arrest affidavit obtained by the Daily Mail, after Dawn was watching his children, Thomas came home and removed her clothes without consent. "When he returned home, he forcibly removed her clothes, forced her hand onto his penis and 'grabbed at her vagina,'" the Mail reported.

According to the Mail, "The affidavit claims he ordered her: 'Show me your p---y' and asked her: 'Do you like big d--ks?' as he shoved his penis in her face."

Thomas was arrested for second-degree assault and battery and was facing potentially three years in prison and a $2,500 fine. A bond was set for $20,000 and he was bailed out.

"I felt unprepared and exhausted, as the past five months have been emotionally and physically taxing," Dawn told People following Thomas's initial arrest. At the time, she also took issue with the low bond that was set on Thomas but admitted she had an order of protection in place for her safety, anyway.

As a result, Thomas left the show and dealt with the legal fallout of the accusation. Eventually, he settled the lawsuit, but never paid Dawn a dime. Instead, according to Heavy, he paid her legal fees and made a donation to a non-profit focused on aiding sexual assault survivors.

As part of the process, he did plead guilty to third-degree assault and battery. However, this was lesser than the initial second-degree charge he was arrested on, according to ABC4.

"I was offered the opportunity to appear at the hearing and give a victim’s impact statement. Although I was scared, I wanted to tell the judge and Thomas what I feel," she added. Dawn also accused Thomas of threatening to "take out" anyone who offered to aid her after the assault.

Are Thomas and Kathryn Dennis still together?

Absolutely not! The pair not only broke up long ago, but Thomas has vocally slammed Kathryn Dennis. “The worst person in the world I know is Kathryn Dennis and the total losers who make excuses and applaud her horrific behavior like Craig and Shep and Austen,” he posted in a since-deleted tweet. “Total losers.”

Naturally, fans asked what brought on this rage against his ex. “She was involved in a hit and run at an elementary school crossing. Any more questions???" he replied.

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RAVENEL, S.C. (WCSC) - Ravenel residents say they are fed up with the town after the council postponed a workshop that was scheduled for next week.

Up for discussion were the plans property owners recently presented to council members about what would happen to a large piece of land on Drayton Street if a rezoning request is granted.

Residents feel that those asking for this rezoning are getting special treatment because the property is owned by the Tumbleston Trust and the family to Ravenel Mayor Stephen Tumbleston.

When the family came to the council with their plans for the land on Jan. 30, they didn’t have an actual site plan or a traffic study to show, and that’s why the council tabled the vote, saying they didn’t have enough information and scheduled the workshop for Feb. 15 to dig into it further.

On Wednesday, they postponed the workshop at the request of the property owners, who say they will now work to provide the traffic study, site plan, entrance locations, buffers and protected areas.

Residents say council should have denied the rezoning request and told the owners to try again at the appropriate date when they could provide more information.

“It’s wrong,” resident Olivia McCarty said. “It’s clearly a two-tier justice system, no one else would have gotten this type of treatment. You submitted an application that has insufficient information, the town council saw that it was nothing and should have denied it on the spot”

They say they feel like this process is giving free rein to the property owners, while the community has had to follow the rules.

“We were limited to five minutes to speak {at town council}, but the owners got up and took as much time as they wanted which was well over 13 minutes. I asked ‘Sir, are they limited to five minutes?’ and I was shouted down, ‘You’re out of order, you’re out of order,” resident Roy Smith said.

Residents say they don’t have an issue with residential development with the way the land is zoned now but fear the change will be the first step to making the rural town the next West Ashley or Johns Island.

“Next thing they are gonna do is put apartments out here and we’re gonna be pushed further back into the sticks until everything is city, and there’s no room to breathe, there’s no horses and I don’t want to live like that,” resident Corbin Haydel said.

It is unknown if or when the workshop will be rescheduled.

Mayor Tumbleston recused himself from this matter and Mayor Pro Tem Buckey Waters says he will speak when he feels it’s appropriate to do so. Councilmembers LaJuanda Brown, Jim Rodgers Jr. and Terry Wilkinson have not responded to a request for comment.

Copyright 2024 WCSC. All rights reserved.

Cameran Eubanks and Thomas Ravenel are among the Southern Charm stars who have stepped away from the Bravo hit over the years.

Eubanks was part of the original cast of Southern Charm, which premiered in 2014. After six seasons, she shocked fans in May 2020 when she announced her departure. That same month, Eubanks shut down claims that she left due to her husband, Jason Wimberly, being unfaithful.

“It has come to my attention that insidious rumors are now spreading and fake articles are being written … some of which pertain to my marriage,” she wrote via Instagram at the time, sharing that leaving Southern Charm was partly to “protect what is sacred” to her and that “some things aren’t worth a big paycheck.”

Eubanks exclusively told Us Weekly in April 2022 that she has no plans to come back, explaining, “If I was to ever go back on television, it would have to be something boring that didn’t involve fighting or having to talk about people.”

Hey, Carhartt Fans! This Sherpa-Lined Denim Jacket Is 40% Off View Deal

Scroll through for an update on the former Southern Charm stars:

Credit: Shutterstock (2)

Cameran Eubanks, Thomas Ravenel and More ‘Southern Charm' Stars Who Left the Series: Where Are They Now?

Cameran Eubanks and Thomas Ravenel are among the Southern Charm stars who have stepped away from the Bravo hit over the years. Eubanks was part of the original cast of Southern Charm, which premiered in 2014. After six seasons, she shocked fans in May 2020 when she announced her departure. That same month, Eubanks shut down claims that she left due to her husband, Jason Wimberly, being unfaithful. “It has come to my attention that insidious rumors are now spreading and fake articles are being written … some of which pertain to my marriage,” she wrote via Instagram at the time, sharing that leaving Southern Charm was partly to “protect what is sacred” to her and that “some things aren’t worth a big paycheck.” Eubanks exclusively told Us Weekly in April 2022 that she has no plans to come back, explaining, “If I was to ever go back on television, it would have to be something boring that didn’t involve fighting or having to talk about people.” Scroll through for an update on the former Southern Charm stars:

Cameran Eubanks

Eubanks starred on the Bravo series for six seasons before her May 2020 exit. Since then, the Real World: San Diego alum has released her first book, One Day You’ll Thank Me, in February 2021. Eubanks also continues to gush over daughter Palmer, who was born in 2017.

Credit: Courtesy of Thomas Ravenel/Instagram

Thomas Ravenel

In May 2018, two women accused the former politician of sexual assault, including his kids’ former nanny. Ravenel, who shares two children with ex Kathryn Dennis, was arrested in September 2018 for the alleged assault, which he denied.

Ravenel pled guilty to third-degree assault and battery in connection to the attack on the nanny. He paid a $500 fine and donated $80,000 to a sexual assault survivors' charity.

After being fired from the show, Ravenel chose to keep a low profile on social media. He welcomed son Jonathan with Heather Mascoe in June 2020.

Landon Clements

Clements appeared on the reality series for three seasons before calling it quits in 2017. After her exit, Clements moved to Los Angeles to become a real estate advisor. She has used her social media to highlight her various vacations and her reunions with Southern Charm cast members such as Shep Rose.

Credit: Courtesy of Chelsea Meissner/Instagram

Chelsea Meissner

Following her split from Austen Kroll, Meissner appeared as a main cast member during seasons 5 and 6. Since her departure, the former Bravo personality has documented her travels on social media and stayed in touch with several of her Southern Charm cast members.

Meissner made a small return to reality TV alongside former Survivor costar Kim Spradlin-Wolfe in HGTV's Why the Heck Did I Buy This House? in April 2022.

In April 2023, she announced that she was pregnant with her first child. "You just never know what God has in store for you," Meissner captioned a video of ultrasound pictures via Instagram, revealing she was due that September. Though she didn't reveal the identity if her child's father, she did tease that she is "lucky to have one hell of a man!"

Meissner confirmed her little one’s arrival in October 2023, revealing via her Instagram Story on October 19 that she was “one month postpartum.”

Credit: Courtesy of Eliza Limehouse/Instagram

Eliza Limehouse

Limehouse retired from reality TV after two seasons on Southern Charm. The jewelry designer got engaged to Mark McBride Jr in February 2020. After exchanging vows later that year, the pair announced that they were expecting their first child. Limehouse welcomed their son in December 2020.

The South Carolina native is also the owner of Snaffle Bit Bracelet Company and candle company Private Label by PCC.

Jenna King

After her short stint on Southern Charm, King left Charleston and moved to Los Angeles. The former reality star, who has preferred to stay low key on social media, last offered a glimpse at her life in August 2021.

Credit: Courtesy of Ashley Jacobs/Instagram

Ashley Jacobs

Following her split from Ravenel, Jacobs started dating Mike Appel in 2019. The duo tied the knot in March 2021 and welcomed son Grayson later that year. Jacobs currently lives in California with her family.

Credit: Courtesy of Kathryn Dennis/Instagram

Kathryn Dennis

OG cast member Dennis announced her exit from the series after eight seasons in January 2023, calling her time on Bravo a “wild ride” in a statement. “Can you believe I was 21 when I first started filming Southern Charm, back in its first season? That was in 2013, and in the decade that followed, it’s safe to say my life changed in ways I could never imagine,” she added. “It hasn’t always been easy, but I’m so lucky to have had reality cameras there, capturing so many moments that I’ll never forget (and a few, even, that I’d like to).”

The day of her exit announcement, Dennis — who continues to coparent with Ravenel — hinted at a new beginning via Instagram. “In order to rise from its own ashes, a phoenix first must burn. – Octavia Butler,” she captioned a photo of herself holding a drink.

Danni Baird

Baird made her Southern Charm debut on season 1 as a friend of the main group. She continued to appear more frequently from season 2 through season 7 before exiting the series in 2021. Following her departure, Baird has continued to work in Charleston, South Carolina, as an artist. In October 2023, she announced via Instagram that she’s pregnant with her first baby. She also publicly shared the identity of her partner, Nicholas Volz, for the first time in the post.

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