The Charleston Coast From Our View...
The facts of residential real estate have remained consistent in 2018. In year-over year comparisons, inventory is lower in most locales, and yet homes sales continue to rise. Although the Federal Reserve’s latest rate hike deterred some buyers at the end of 2018, 2019 looks a little more promising with the Fed Reserve indicating half the amount of hikes, thus in theory creating a more balanced market. With unemployment rates low and wages starting to increase, we are hopeful inventory will increase, although, the biggest concern continues to be affordability.
2017 vs. 2018 Quick Stats: Closed Sales -4.8% | Median Sales Price +5.1% | Days On Market -6.8%
Market Statistics by Area
This year, dunes properties is 30 years old and to celebrate, we’ve pledged to donate to a list of 30 charities, compiled from suggestions by our staff and agents. We’re very pleased to announce the organizations we are supporting this month for our year-long “30 for 30” anniversary celebration!
We began with a single office and three employees on January 1989. We are still locally owned and operated, but now our reach is a bit wider. Today, we represent the Lowcountry with over 100 exclusive beach vacation rental properties, more than 95 real estate agents and employees, and five full-service offices. 30 years in the making!
Rather than throwing ourselves a big party, we’ve decided to mark this milestone by giving back to the people and communities of the Charleston Coast that have been so good to us through the years. We’ll be donating to a varied list of 30 worthy charities and non-profit organizations, 2-3 per month throughout 2019. Check back each month for information on these organizations and more details about the good they are doing. In addition, we’re challenging the entire dunes family to donate at least 30 hours to charitable pursuits in 2019. We’re calling it our “30 for 30 Challenge.” Won’t you join us?
Follow along using hashtag #dunes30for30