2007 closed out the Charleston residential MLS with 12,653 closed transactions. This is down from 2006 close out at 16,760, but when we look back at 2003 (the start of the boom), we only closed 11,720 homes. Let's face it: Things did get carried away in 2004 and 2005. But when you consider whe
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01/01/2008
I have to admit that I'm a little tired of the negative media hype about real estate. First, real estate is local. National trends do not affect every market. In fact, 2007 was the 3rd best year Charleston real estate has ever had! This is great news for the market and it gets better because Char
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10/01/2007
I wish I had a crystal ball to see into the future. What I do know is that real estate is a cycle like all other investments-stocks, bonds, etc. Generally, if you stay put through the lows, you'll come out on top. In the Charleston, SC real estate market last month (June), 1287 properties closed
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09/26/2007
It's no secret that the Charleston real estate market has slowed down considerable since the days of 20-30% appreciation rates that occurred in 2003-2005. For seller that have outgrown their home, this dilemma in our market presents a problem for sellers trying to coordinate these 2 events. Maxim
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09/26/2007
A lot of buyers are asking this question. If you are thinking about buying, there's no better time than now. There are some great deals out there. While sellers are still receiving 97% or more of list price, the good news is that they are pricing property more reasonably than we have seen in the
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09/26/2007
