Tweet I thought it would be interesting to take a look at the numbers over the Summer for homes for sale in Charleston SC. Looking at the numbers from the Charleston MLS, here is a recap of what is going on in the Charleston SC real estate market. I decided to include the month of...
Tweet More good news from the housing market. For the first time in several years, the homeownership rate has increased. According to the US Census, in the second quarter of 2017 the homeownership rate increased to 63.7%, the highest level in 3 years. In the past several years that number had been in decline: So...
Tweet Given the current state of the real estate market, it is a good time to sell a home. Here are 4 reasons you should sell your house. 1. Significant Equity Gains Since the real estate market started to recover in 2013, there have been significant gains in home values across the United States. This...
Tweet With the real estate bubble from 2008 still fresh in many American’s minds, people believe that we are heading towards another real estate bubble in 2017. Rising home values have hit or exceeded their pre-crash peaks in many markets, fueling fears that we are just around the corner from another crash. According to a...
Tweet According to the National Association of Realtors (NAR), Millennials make up the largest segment of the first time home buyers. Besides being the largest generation, there are several reasons Millennials are the majority of buyers buying their first home. 1. Rent Vs. Buy and Net Worth Despite rising home values, in many markets across...
Tweet In my last post I looked at the rent vs. buy debate to show why buying a home makes sense for non owners. According to recent reports, many people are realizing that renting has many disadvantages, and are looking to buy a home. A recent report from Transunion shows that more renters are actively...
Tweet If you are currently renting, then the thought has probably crossed your mind on whether or not you should continue to rent or buy a home. Chances are you have felt the pain of increasing rents, limited availability, and the joy of having to move. The current real estate market is fairly hot–home sales...
Tweet The most recent reports indicate home sales and home values continue to increase. Buyer demand remains strong, but a historically low inventory of homes for sale keep driving home values upward. Home Sales 2017 Here is the latest look at overall home sales, compared to last year: So far in the first quarter of...
Tweet It is well known knowledge that the housing market is suffering from a crisis of inventory–there simply isn’t enough homes to meet the overwhelming demand for them. Builders have seen the disparity and have been building new construction homes rapidly to meet the demand. It certainly would help if more home owners were aware...
Tweet Today I am looking at the 2017 stats for the Hanahan real estate market. Let’s see how homes for sale in Hanahan SC stack up to the rest of the Charleston SC market. Homes For Sale In Hanahan SC: Buying Stats First up is a look at Closed Sales: January kicked off the New...