Charleston Area Market Stats through November (and other news)

Charleston Area Market Stats through November (and other news)

“November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for...
Charleston Area Market Stats through October (and other news)

Charleston Area Market Stats through October (and other news)

“October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common...

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 June (and other news)

Charleston Area Market Stats through June (and other news)

“While buyer activity continues to be robust, seller activity continues to be a bit softer, with fewer homes being listed for sale than a year ago. Many housing experts believe sellers remain reluctant to list their homes due to continued concerns over COVID-19,...
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...