[Think again] Is Charleston real estate dead as an asset class
The short answer. No.
Some people might think that people don't want to be home owners any longer after the devastation that rocked the real estate market following the collapse of the lending bubble that enabled many people to buy homes that they may not have been qualified to buy. Owning a home went from being a great investment to a lousy investment in just a few years.
But that isn't the best reason to buy a home anyway and there are certainly times and circumstances in most everyone's life when it makes more sense to rent than own.
But take a look at the graph above and think again if you think interest in Charleston real estate is declining. Page views for real estate search topped 100,000 for the month of February and for the first time ever since I installed the new Charleston MLS search portal on my website in mid June.
And remember, February only has 28 days.
Are you interested in searching the Charleston MLS; choose either basic, advanced or map search and best of all, registration is not required. When you're ready, please contact me to help you buy a home in Charleston.