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Realistic expectations

... regarding Charleston real estate.

For sellers, your home is not worth significantly more than others in your neighborhood even though it's yours and is so much nicer than any of the other homes for sale.

If you want to sell, your home must be priced to sell, not languish on the market.

< How sellers view their home

For buyers, even though it is a buyers market, you can't steal a home. Sure sellers are motivated, there's lots of inventory to choose from so you can negotiate a very good deal.

Sellers are disregarding low ball offers and not even bothering to counter offer. 

< How buyers view your home 

 

The market. There are some foreclosures which are available to buy but this isn't California or Florida. The streets are not paved with blood as the media may be reporting. When you notice all the stories about bad news in housing, while current market conditions might be characterized as difficult, the Charleston real estate market is in much better condition than many other markets around the country.

Published Saturday, March 08, 2008 8:22 AM by Howard Arnoff

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