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  • Cheaper homes hit hardest by price declines

    ... is the headline of an article by MarketWatch and I'm fairly certain that owners of what I call less expensive homes might prefer their home to be called that rather than cheap. But I wouldn't doubt that to be the case because it really wasn't a housing bubble so much as a credit bubble that caused the housing mess that we find ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on June 11, 2011
  • Buying foreclosures

    Charleston real estate buyers are looking to buy foreclosures today as the media relentlessly reports the slowing sales in the housing market and the problems in the subprime mortgage ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on March 12, 2007
  • Median price vs Average price

    With the media spotlight on housing prices across the country, I noticed the usage of median price used much more extensively than average price and wondered about the distortion that could be created. What is important to remember is that median price is the middle of all the numbers while average adds up all of the numbers and then divides by ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on November 28, 2006
  • Buyers Market

    New construction has been slowing dramatically as the national builders try to work off their excess inventory and cut back on the number of starts. Price declines in new construction are the inevitable result of incentives being offered to clear high inventories. Competing against a high inventory of preowned homes available for sale on ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on November 21, 2006