On 11/26/08, the SC Business Journal published this article. It's no secret in Charleston, but many do not realize that real estate is local. While numbers have dropped a little in Charleston, it has not followed extreme drops in many other markets. The statistics came from the US Federal Housing Finance Agency based on sales and refinancing information available on existing single family homes. "The Charleston-North Charleston-Summerville metro area came in at number 65 with 1.27% appreciation over the last year." Not only has SC weathered the storm well, but specifically Charleston, SC has endured the housing crisis well. Values have dropped slightly when you consider where prices were in 2005. Inventory peaked in 2007 at 16,000 active listings and it currently sits at 10,800 in the Tri-County area.
Michele Reneau - Military Relocation Specialist with Carolina One Real Estate in Charleston, SC.
Contact Michele Reneau, Realtor®, North Charleston, SC Relocation Expert, CRS, GRI, ABR. Licensed Realtor® in South Carolina at 843-572-0518 to list your property for sale or to purchase real estate in Charleston, Goose Creek, Summerville, North Charleston, Hanahan, Mount Pleasant and the surrounding areas in Charleston County, Berkeley County or Dorchester County, South Carolina. The Charleston Relocation Expert specializes in military relocation, first time homebuyers and creating marketing exposure to sell your home in the Charleston SC Real Estate market. I can also be contacted by email at email@example.com. To view all Charleston Metro area Homes for Sale Click Here and then click on Search for Homes. With over 25 years of Lowcountry Living, I know the Charleston Metro area. I will help you get your home sold and/or help you buy your Charleston home or land.