Charleston Real Estate Blog

It was once again another good month in the Charleston real estate market in April. Sales were higher in April 2012 than April of last year, inventory continues to remain at substantially lower levels and we're seeing prices edge up as a result of higher demand and lower supply. Because South Carolina is a judicial foreclosure state, we are ...

There is probably no bigger story this year for the Charleston real estate market than the sharply lower inventory levels of homes available for sale. There are a lot of reasons the Charleston real estate market has been very active this year. Record low interest rates along with lower home prices that help make home ownership more ...

CoreLogic reports that home prices are stabilizing and in some cases are starting to appreciate once again. Their report for March shows that while home prices including distressed sales declined on a year over year basis from March 2011 by 0.6 percent, prices increased by 0.6 percent from February 2012. There was especially good news for South ...

Last year at this time, I cringed as I noticed listings in my neighborhood being offered at what I considered to be below market pricing and watched my home decline in value as a result. Most were short sales offered by distressed homeowners trying to get out from being underwater. But that was then and what a difference a year makes. So far ...

With all the good news being reported on the housing market recovery not only locally in Charleston but in many markets around the country, Kenneth Harney writes in the Washington Post, Low-ball bidders in many markets learn they can no longer get a steal on a house. “A year ago, according to researchers at the National Association of ...

Home sales are higher year over year and inventory is at multi year lows and prices have begun to edge up as March continues the good momentum we've seen in the Charleston real estate market lately. It's really no surprise with the combination of better economic news, good local job growth, continued record low mortgage rates and much ...

There were 76 luxury home sales reported to the Charleston MLS in March which was the highest number of sales since June 2008. That's especially good news and demonstrates the health of the Charleston real estate market that I've been consistently touting over the past few months. Let's take a closer look at what has been going on in ...

Are you wondering why the Charleston real estate market is doing so well. All you need to do is take a quick look at this headline from The Post and Courier.  “From April 2010 to July 2011, the Charleston-North Charleston-Summerville community grew by some 17,000 people, the Census Bureau reported Thursday. Fueling the growth has been ...

Good news from CoreLogic. The CoreLogic HPI (home price index) continues to show a decline in home prices but the decline is slowing. One of the nice features about the CoreLogic HPI is that they provide an index including and excluding distressed sales including foreclosures and short sales. Nationally, prices were down 2.0 percent from ...

As the spring housing season gets seriously underway, many, myself included, have been enthusiastic about current real estate market conditions. I can only speak to what's happening in the Charleston real estate market and a look to the left at the chart shows you year over year comparisons for sales and median price from last year to this. ...