Charleston Area Market Stats through September (and other news)

“Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple...

Charleston Area Market Stats through August (and other news)

“The housing and stock markets continue to be the leaders in the economy. In August, showings and pending sales remained at strong levels while housing inventory remained limited, continuing the competitive bidding market we have seen in recent months. With the...
Charleston Area Market Stats through May (and other news)

Charleston Area Market Stats through May (and other news)

“While the effects of COVID-19 in the broader economy continue, real estate activity is beginning to recover across much of the country. According to Freddie Mac, mortgage rates have been below 3.3 percent for more than four weeks and are hovering near all-time...

Charleston Area Market Stats through April (and other news)

Residential Real Estate Sales Down Just 10% During Peak Of COVID-19 Crisis “The demand for housing in the Charleston region was so strong prior to COVID-19 spreading in our community, we have been very lucky to experience a minimal and what we expect to be very...
Charleston Area Market Stats through March (and other news)

Charleston Area Market Stats through March (and other news)

Real Estate Update from 2020 CTAR President, Bobette Fisher: “We had a lot of interest and activity from buyers prior to the onset of the COVID-19 crisis in our community. The strong activity in March positions us well for the inevitable impact of the global pandemic...
Charleston Area Market Stats Through January (and other news)

Charleston Area Market Stats Through January (and other news)

As we move into February, the question remains – will inventory suffice? While many see the housing shortage as a negative, NAR Chief Economist Lawrence Yun sees this as good news for home prices. “National median home price growth is in no danger of falling due...