Mar 21, 2018 | Market Statistics
The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year declines in home sales. Sales declines are a natural result of there being fewer...
Feb 12, 2018 | Market Statistics
Last year, U.S. consumers seemed to be operating with a renewed but cautious optimism. The stock market was strong, wages were edging upwards and home buying activity was extremely competitive. Not much has changed in 2018 in terms of those measures, yet there is a...
Jan 17, 2018 | Market Statistics
Charleston Area Market Stats show the number of homes for sale, days on market and months of supply were all down in year-over-year comparisons in a majority of the country for the entirety of 2017, as was housing affordability. And although total sales volumes were...
May 24, 2017 | Market Statistics
The employment landscape and wages have both improved over the last few years, allowing for more people to participate in the home-buying process. When the economy is in good working order, as it is now, it creates opportunities in residential real estate, and right...
Apr 12, 2017 | Folly Beach, Historic Charleston, Isle of Palms, James Island, Johns Island, Kiawah Island, Market Statistics, Mt. Pleasant, Real Estate, Seabrook Island, Sullivan's Island, West Ashley, Wild Dunes
We can comfortably consider the first quarter to have been a good start for residential real estate in 2017. There was certainly plenty to worry over when the year began. Aside from new national leadership in Washington, DC, and the policy shifts that can occur during...
Mar 15, 2017 | Folly Beach, Historic Charleston, Isle of Palms, James Island, Johns Island, Kiawah Island, Market Statistics, Mt. Pleasant, Real Estate, Seabrook Island, Sullivan's Island, West Ashley, Wild Dunes
The start of the year ushered in a wave of good news about a hot stock market, higher wages and an active home sales environment. At the same time, housing prices have continued to rise, and the low inventory situation and affordability crunch has been particularly...
