real estate market trends: Charleston (SC) Real Estate Market Experiences Change in Momentum - 11/19/09 08:43 AM
The Charleston, SC Area real estate market has experienced an important change in sales momentum. Fueled by low mortgage interest rates, improved housing affordability (lower home prices), the $8,000 Tax Credit for first-time home buyers and the prospect of increased employment with the future Boeing plant being built near the Charleston International Airport, year-over-year monthly sales (i.e. October 2009/October 2008) have shown increases for the past four months, for the first time since October of 2006!
As this chart shows, this "turn" in the market trend signals positive things to come for our real estate market. Higher monthly sales = accelerated inventory reduction = shorter … (0 comments)

real estate market trends: Are the Mt Pleasant/Daniel Is. markets the "California" for the Charleston Metro Area? - 09/28/07 10:30 AM
While analyzing different (residential single family) sub-markets, vis-a-vis the whole Charleston Metro market, it appears that the Daniel Island and Mt Pleasant markets act as "trend precursors" to the rest of the market area: They boomed earlier and faster, they slowed down before the rest of the market, and it appears like they are poised to recover while the rest of the market is still slowing down.
Maybe these high appreciation markets act as the leading indicators of the trends in the rest of the market, much like California starts most trends in the U.S.? If so, watching these markets could give savvy … (0 comments)

 
Alan L. Donald, Professional Service, Local Expertise, Adv. Tech (The Alan Donald Team at Keller Williams Realty)

Alan L. Donald

Professional Service, Local Expertise, Adv. Tech

Mount Pleasant, SC

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The Alan Donald Team at Keller Williams Realty

Address: Suite 200, 496 Bramson Ct., Mt Pleasant, SC, 29464

Office: (843) 416-1434

Mobile: (843) 900-0155

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Articles of interest, market updates and relocation information for Charleston SC, including Mount Pleasant, Daniel Island, Isle of Palms, Sullivans Island, Hanahan, Goose Creek, James Island, Kiawah Island, Folly Beach, Johns Island and Summerville.


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