Charleston Real Estate Blog

... 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 ...

From the WSJ, a new study by LPS Applied Analytics looked at the link between the number of foreclosures and the rate of home price declines. You can find all state data on percentage of foreclosures to all home sales and home price declines by state. South Carolina is displayed below and as a state, while not exactly a "pretty ...

... 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 ...

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 ...

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 ...

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 ...