Charleston Real Estate Blog

Despite what you may have read that new home construction is down to it's lowest level in decades (and it is), there are a lot of buyers who just aren't interested in a pre-owned home and prefer to purchase new construction. A buyer who will be visiting Charleston next week has told me that they have never purchased anything other than a ...

... and before you say isn't that something like that famous ad from the National Association of Realtors (NAR) from a few years ago or like that typical spin the NAR seems to put on not so great monthly statistics, there have been several articles in the mainstream media suggesting that now is the time to buy a home. First, let's ...

The chart to the left shows the number of pageviews each month by Charleston house hunters (searching the Charleston MLS on my website through the IDX feed). Activity picks up immediately after the first of the year and peaks in March and stays strong through September before tapering off during the holiday season. So if you are thinking of ...

Even though it's been a very good first half of the year for home sales in the Charleston real estate market, there is still a lot of inventory and the basic reason is that more than two homes are listed for sale in the Charleston MLS for every home that sells. Here are the numbers for the first half of 2010.   And so if you are ...

Maybe Charleston home sellers are finally getting it. While the Charleston real estate market had steady appreciation during the housing boom, it certainly didn't compare to the frenzy in the most overheated real estate markets around the country. And prices have come down somewhat from the peak and home prices are under ...

and of course, a few still aren't paying attention. [Satire ahead] Are they living under a rock? One of the most helpful things for Charleston real estate agents is the "hot sheet" provided each day by the Charleston MLS for agents to see all new listings, homes back on the market, price changes, homes that are contingent, pending ...

I noticed this listing in the Charleston MLS the other day and while it is somewhat bizarre to suggest that the buyer names price, that is of course what happens in a real estate transaction since the seller lists their home at an asking price and the buyer determines what they would like to offer. But let's talk a little about the reality of ...

That might sound like a silly statement coming from a Charleston real estate agent who depends on selling homes in Charleston in order to earn a living and with over 10,000 homes available for sale in the Charleston real estate market. But what I mean by that is that the median price of a home is simply the middle point of all sales and ...

I spent the past few days showing homes and noticed some sellers are getting especially anxious to sell their homes. Of course, with a lot of inventory available, there is a lot of competition to sell your home in today's Charleston real estate market. Here's a few examples of seller anxiety that I noticed. We made an appointment to see a ...

... by auction. What's next, a raffle? There are so many listings of Charleston homes for sale that many sellers are growing not just weary but desperate when their home doesn't sell. I just noticed a home on the Charleston MLS hotsheet at a ridiculously low price so I clicked through to the listing and figured it out, it was an auction. ...