… or did it never go away. There have always been buyers who purchased a home with the sole intent of selling it at a profit. While it may have gotten a bit out of hand during the housing boom, there really isn’t anything wrong with it although some buyers might perceive that it’s evil…
For the second consecutive month, April home sales topped 1000 so as far as the Charleston real estate market is concerned, spring came early and only just recently has our weather followed suit but it’s certainly better to have great business than great weather. April Highlights: It should be obvious that 1000 home sales for…
Solid and steady are the words this week for the Charleston real estate market. Just about the same number of homes went under contract as new listings came on the market and sales were steady and typical for the earlier part of the month. The future looks bright with a backlog of almost 3500 homes…
Buy Mom a house for Mother’s Day this year, you know that’s what she really wants. If you’re looking to surprise Mom and show her how much you care, buying her a house would be the perfect gift. As it happens, I’m available today and tomorrow to show homes and I’d love to help you….
… and edge a little higher this week. According to the Freddie Mac Primary Mortgage Market Survey, mortgage rates reversed their recent trend and edged higher for the first time in 6 weeks. Blame good news on employment (or unemployment if you’d prefer) for mortgage rates heading higher once again. There is no doubt that…
There is an interesting article in MarketWatch regarding flood insurance. The story is that most Americans know they need flood insurance but simply aren’t buying it. I have had several clients indicate to me that they are not interested in any homes that would require flood insurance. That isn’t all that surprising but the fact…
Even though spring weather has not cooperated, the spring selling season in the Charleston real estate is acting like it’s summer, in other words, the market has been sizzling hot. Home sales in April topped 1000 for the second consecutive month and were over 21 percent higher than April of last year. The future looks…
Talk about a strong start to the year, Charleston home sales are 18 percent higher year to date over last year which was a very good year. So as we enter the historically strongest months of the year, I’m optimistic that these trends will continue and 2013 just might go down as one of the…
April home sales appear that they will top 1000 for the month. As of this morning, we are sitting at 990 closed sales for the month of April and since there are always closings that get reported in the days and weeks after the actual closing (and even in a few isolated cases, months later), there…
I know that nobody wants to pay too much for a home for sale in Charleston and buyers might have some kind of discount in mind but here’s the facts. Homes are selling for an average of 95 percent of list price. That’s an average. For Charleston area homes selling in the popular $200,000 and…
