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Buying Charleston homes at a discount

... depends on what kind of discount you are thinking of. A buyers market means that buyers have lots of choices because there is too much inventory and more sellers are competing for fewer buyers. A buyers market does not necessarily mean that all lowball

Buyers are sellers too

It's clearly a buyers market in the Charleston South Carolina real estate market but that doesn't mean a buyer isn't a seller too. So when I talked with a seller recently about selling their home and buying another, does it make sense that

Don't flinch, a buyer strategy for today's real estate market

Greg Swann at the BloodhoundBlog introduces flinch, a new buyer strategy (game) that takes the strategy sellers used during the housing boom and applies it to today's buyers market. The Charleston South Carolina real estate market has plenty of motivated

Are you flexible enough to sell your house

The Charleston South Carolina real estate market has a lot of inventory and fewer buyers than before. This is not news. For about a year, this has been the market except that there is even more inventory and fewer buyers. Pricing your home for sale from

With all the bad news, is it a good time to buy Charleston real estate

Introducing a new feature, Ask the Agent. I get emails from time to time with questions and while I answer directly, I thought a good idea might be to incorporate them into the blog format when appropriate. I can't think of a better question than

House hunting in a buyers market for Charleston South Carolina real estate

The buyer in today's Charleston South Carolina real estate market is certainly in a sweet spot. There are so many nice choices offered at very attractive prices that the biggest problem the buyer faces is choosing the perfect home. In new construction

Are they still flipping or flopping in Charleston South Carolina real estate?

What are people thinking when they purchase a house and 45 days later with no indicated improvements put it on the market for sale for 7.7% more than they paid? Is this another flip ready to flop in the Charleston South Carolina real estate market or

Help, my home isn't selling

There is a lot of inventory in the Charleston South Carolina real estate market today and many houses are not selling. I saw an interesting article from Bankrate on MSN.com and wanted to share and comment for the benefit of sellers asking for help. According

Charleston market report, April

It's that time again, let's take a look at the Charleston market trends by first presenting and then analyzing the April statistics for Charleston South Carolina real estate. I'll preface the results with these 6 words, no change, more of

Charleston real estate and the media perspective

From the front page of today's Charleston Post and Courier, the headline reads: For Sale signs on every corner We enjoyed the boom; now we have to deal with the slump. The real estate market is in its biggest decline since 1989. Here's how it

Charleston real estate today...still flipping

I wrote a post about flipping houses in today's Charleston real estate market a few months ago and after viewing a different attempt at a flip this past weekend, I thought it would be timely to review the outcome of the first and talk a little about

2006 Charleston market statistics

The final numbers for 2006 are in and first I'll give you the statistics, then an analysis of the market trends in Charleston real estate. A quick preview, the 4th quarter was quite dismal, unit sales off 30% and available inventory up 67%. Month

November real estate sales

The November sales numbers are now available and they aren't pretty. It makes 2 consecutive months with big drops in unit sales and greatly increasing inventory. I'll post the charts first and make some comments after. Month 2005 Monthly Sales

How to be a happy seller in a buyer's market

Selling in a buyer’s market doesn’t appear to be a good idea but it could actually be an excellent idea. Why? Because most home sellers then become home buyers. Once the house is under contract or sold, the seller then becomes a buyer. At