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.
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 Market. RESA 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 email@example.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.