Charleston, SC Posts

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Forbes.com names America's 25 Strongest Housing Markets

And guess whose among them? My beloved, Charleston, SC!! Charleston, SC is #8 among America's 25 Strongest Housing Markets!

The Forbes article stated that it "requested Moody's Economy.com to compile a list of the country's real estate markets that are on the road to recovery. Moody's used the country's Census-defined metro areas--including metropolitan and micropolitan statistical areas--with populations over 500,000, and prepared forecasts through 2011. They then compared them to prices in the second quarter of 2008, which are the latest figures available, to calculate how far prices will likely fall before reaching bottom."

Charleston Metro, SC area is esimated to have a popular of 666,900.  Moody's predicts the bottom of the market to be expected in 4th quarter of 2009.  The forecast for the bottom is only a -1.1% change from 2nd quarter 2008 prices.  Can you say, "WOWOWOW!?"  It's time to go ahead and get an additional 1.1% of the price now to match the bottom and take advantage of the low interest rates. 

 

 Charleston SC Ravenel Bridge

Michele Reneau - Military Relocation Specialist with Carolina One Real Estate in Charleston, SC.

Contact Michele Reneau, Top Real Estate Agent, 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.  Featured on HGTV's House Hunters. Publisher/Author for Charleston Real Estate Update  including featured listings and sold properties, and monthly statistics on Charleston Real Estate MarketRESA 2009 Staging Realtor of the Year Nominee. 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 mreneau@carolinaone.com. To view all Charleston Metro area houses 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.

Michele Reneau, ABR, GRI, CRS

www.CharlestonRelocationExperts.com

Follow us on Facebook at www.facebook.com/CRETeam

Comment balloon 2 commentsMichele Reneau • January 26 2009 05:33PM
Forbes. com names America's 25 Strongest Housing Markets
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And guess whose among them? My beloved, Charleston, SC!! Charleston, SC is #8 among America's 25 Strongest Housing Markets The Forbes article stated that it "requested Moody's Economy. com to compile a list of the country's real estate… more
And the winner is…
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I'd proud to be affliated with the Real Estate Staging Assocation (RESA) 2009 Professional Stager of the Year, Melissa Marro. This coveted national award recognizes the industry's best in their field. When I met Melissa, I had no idea how… more
The road to recovery - What does it look like? We are almost there!
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While there is always speculation on when the market will turn around, I will admit that I am not a prophet. I thought this chart presented an interesting picture and I added the years which is my take on the real estate market in Charleston, SC.. more
Why do I have to rearrange my furniture?
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As my stager, Melissa Marro always says, "Selling your house and living in your house are two separate things. " Unfortunately not all buyers can visualize how a floorplan will work for them. When there is an awkward arrangement, buyers… more
Getting to know ME- An ActiveRain Meme
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My AR friend, Nicole Weidauer, tagged me with this one. Here are the rules: 1. Create a blog post with a link to the person who so happily tagged you. --> (pictured on the right) 2. List all of these rules in the post… more
Charleston SC transforms itself - Nice review in The Economist
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A well written article in The Economist was published on Dec 30, 2008 about Charleston's maturity since the closure of the Navy Base in the mid 90s. Click here to view the article. It's true that the closure of this base was eminent doom for the… more
What is staging? Picture speaks 1000 words
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I'm amazed when someone asks me, "What is staging? " I know that I should not expect everyone to know, but even more surprising is the number of agents that don't understand it's importance. After going through some old before and after… more
Realtors nominated for National Staging Award
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The Real Estate Staging AssociationTM (RESA) announces the 2009 Real Estate Staging Industry Award Nominees. The Nominees for RESA Staging Realtor® of the Year are: Matt Poole with Charleston Pier Partners in Charleston SC, Michele Reneau… more
FREE Mortgage Default/Foreclosure Clinic in Charleston, SC - Jan 10,…
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If you are falling behind on your mortgage or facing the possibility of foreclosure, there is help! Four clinics are being offered so you can meet with a HUD counselor who will help you discuss options to foreclosure. Please click on the link to… more
Census Bureau to hire about 300 area Charleston residents
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An article in the Post and Courier written by Dave Munday on Friday, January 2, 2009 announced some good news for job seekers in the Charleston area. The Census Bureau is recruiting 300 workers to get ready for the 2010 census. For those looking… more