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  • Is the sales price to list price percentage meaningful

    Well, yes and no, how's that for an answer. The sales price to list price is meaningful in that it tells you how close to market value sellers are offering their homes for. And we're seeing a little more realism by sellers these days because the percentage has narrowed. That also could be due to the fact that demand has been very strong ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on March 16, 2012
  • Almost 25 percent of all home sales in Charleston are new homes

    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 ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on September 7, 2011
  • Making a successful offer

    Some buyers might have a price in mind when buying a home in Charleston while others might base their offer on what other homes are selling for. But in order to make a successful offer, buyers have to understand that sellers will have access to all of the same available information on comparable sales that they will have so bottom line, to ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on August 14, 2011
  • You can't buy a median priced home in Charleston

    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 ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on November 18, 2008
  • How are housing prices really doing

    All the headlines are dire. Case-Shiller gets big press every month as their statistics show home prices plummeting. But what would National housing prices look like if California, Florida, Nevada and Arizona were omitted from the data. After all, real estate is local and Charleston real estate and Charleston home prices ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on August 28, 2008
  • Charleston market report, April

    It's that time again, let's take a look at the Charleston market trends by first presenting and then analyzing the April statistics for Charleston South Carolina real estate. I'll preface the results with these 6 words, no change, more of the same. Condos and TownhomesDate        ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on May 7, 2007
  • Statistics don't tell the true story

    There’s a high level of chat and just as many opinions as to what the current state of the real estate market is. Has it hit bottom yet, is it going to get worse, have things turned around, where are prices going from here, what about new construction, when should I sell, when should I buy and more. Every report seems to contradict the ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on January 30, 2007
  • The real Charleston real estate market

    The Charleston real estate market has been very strong for the past 5 years as have most places across the country. We did not have wild speculation and crazy price increases, rather a nice steady appreciation due to excellent job growth, a significant retirement population choosing to relocate to the Charleston area and a general relocation ...
    Posted to Charleston Real Estate Blog (Weblog) by 24836 on November 29, 2006