Charleston Real Estate Blog

... buyers are buying and sellers are selling in the Charleston real estate market. Mortgages are available, rates are low and loans are closing. Despite rumors to the contrary, banks are still loaning money to buyers and rates are once again below 6% for a 30 year fixed mortgage due somewhat to the sharp declines in stock prices over the past ...

I've indicated that the Charleston South Carolina real estate market prices have been very stable for the past year despite declining unit sales and high inventory levels. The media has been nothing short of ferocious with negative headlines which serve to frighten buyers and generally will only serve to weaken prices further. But real estate ...

The National Association of Realtors (NAR) now forecasts a slightly larger price decline for both existing and new homes. The revised forecast for the National real estate market:median existing-home price will drop 1.3 percent median new-home price will drop 2.3 percent existing-home sales will drop 4.6 percent new-home sales will ...

New home sales, sales up, prices down. Existing home sales, sales down, inventory up, prices ? So what is really going on with housing. New home sale rose sharply last month but the data is questionable because it is self reported by the builders and subject to revision and cancellations are not factored in. Many people would like to buy new ...

No surprises in the latest numbers to come out of S&P Case-Shiller or data from the National Association of Realtors (NAR) on existing home sales. While Nationally syndicated writer, Lew Sichelman advised the real estate reading public to not pay too much attention to what he or his colleagues wrote concerning housing prices, the headline ...

The 10 city Case-Shiller index of housing prices was released and real estate prices have declined in January on a year over year basis. The headline is far more alarming than the actual news but we've discussed media coverage of this issue before. Interestingly, Charlotte North Carolina is considered one of the more favorable cities in the ...