Charleston Real Estate Blog

The Case-Shiller index came out this morning with more news on home price declines but there is somewhat of a disconnect between the headline and the story. The Headline: Home prices falling everywhere: S&P Down 4.5% nationally over past year, says Case-Shiller The highlights of the story.Home prices fell in September in all 20 major cities ...

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 ...

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 ...

While these statistics are from November, it illustrates home price declines, albeit small declines in 17 of 20 cities studied for the month. The study also shows a continued erosion of home price gains rising 1.7 percent in November compared to 15.7 percent the previous year. One thing the house price trends make clear, however, is that prices ...

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 ...