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Surprise, this home sold for full price

Charleston real estateAlmost everyone I talk to these days about buying a home in Charleston wants a deal and why not.

I pay special attention to certain neighborhoods and so I was surprised as I glanced through the "hot sheet" of all activity in the Charleston MLS and noticed a particular home sold for full price.

Here's why I was surprised. The home had been on the market for almost a year. The listing indicated that the seller NEEDED to sell this house. And while the price had been reduced by a little more than 10% during the year, there had been no price reductions since last November.

While I wasn't involved in the transaction, I can't help but think that an offer for somewhat less than list price may have been accepted. But maybe not, maybe this was as low as the seller could go.

Published Saturday, April 11, 2009 7:19 AM by Howard Arnoff

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