Betty Poore: What's New on the Charleston Coast Blog: Charleston Market (as told by USA Today)

Charleston Coast, SC Real Estate | Betty Poore
What's New on the Charleston Coast?

Featured Homes
Bookmark and Share

Quick Search

Advanced Search

Click Here

Search by Listing #

Search by Street Address
Free Email Updates

Send Betty Poore a TXT Message


Visit Betty Poore's Facebook profile
Visit Betty Poore's Zillow profile
Visit Betty Poore's LinkedIn profile
Visit Betty Poore's Twitter account

Charleston Coast Foreclosure and Bank Owned Property Email Alerts from Betty Poore

What's New on the Charleston Coast?
Subscribe to Betty Poore's What's New on the Charleston Coast Blog by Email

Sunday, July 13, 2008

Charleston Market (as told by USA Today)

Charleston just seems to be everywhere in the press these days, from being one of the top ten friendliest cities in the USA to this most recent article about the real estate market. If you haven't seen this article, just click on the title below.

City's charm helps steady home sales in Charleston, S.C.

Here's an excerpt:

Historic Charleston has survived the American revolution, the Civil War and the earthquake of 1886. By comparison, the mortgage crisis of the past couple of years is a relative blip in time — and a lot less painful.
Home sales have fallen sharply from their highs of 2006 and 2007. But local real estate agents say Charleston, a city of Southern charm and character, is likely to climb back up before long, thanks in part to its relatively robust economy. Last year, Google announced that it would build a data center in Berkeley County, which is part of the Charleston metro area. And in 2005, North Charleston became home to Global Aeronautica, which assembles components for Boeing.

"There's a lot of good news in Charleston," says Ralph Wetherell, president-elect of the Charleston Trident Association of Realtors. "And the city, the history, the quaintness and the beaches are big draws."

Though sales are down significantly, prices have declined much less severely. One reason is that the metro area hasn't been hit especially hard by subprime loans and foreclosures, which typically drag down prices. "We have pockets of foreclosures but not on a broad level," Wetherell says.

Fortunately for the area, in addition to its job growth, Charleston is an attractive retirement community. And because the city no longer charges homeowners a school operating tax, property taxes have gone down substantially, something that might help attract more home buyers. "A year ago, my home tax bill was $3,400," Wetherell says. "When I just got my recent bill, it was $1,250."

# posted by Betty Poore @ 11:05 AM

This page is powered by Blogger. Isn't yours?

Betty Poore Your Connection to the Charleston Coast
Dunes Properties of Charleston, Inc. Direct: .. (843) 442-1889
1400 Palm Blvd Fax: (866) 279-2260
Isle of Palms, SC 29451 Send Email to Betty
Dunes Properties of Charleston, Inc., 1400 Palm Blvd, Isle of Palms, SC 29451

Charleston Coast, SC Real Estate | Betty Poore
About Betty Poore's Charleston Coast, SC Real Estate Website: The web site provides Charleston, Seabrook Island, Kiawah Island, Folly Beach, James Island, Sullivans Island, Isle of Palms, Dewees Island, Daniel Island, Mount Pleasant and the Charleston Coast, South Carolina real estate information and resources to guide homeowners, homebuyers and real estate investors through the process of selling and buying a house, condo or other realty property in the Charleston Coast area. Betty Poore Sometimes spelled as Bettye, Betti, Bettie, Bety, Beti, Betie, Poor, Pore, Porre, Pour, or Poure has services to help you get the best value for your Charleston Coast home and this website offers home buyers and home sellers a superior comparative market analysis (CMA), a way to view real estate and MLS IDX listings including virtual tours, prepare your home for sale, and more. Investors looking for real estate investment properties to invest in need look no farther. Anyone selling a home, buying a home or seeking housing can learn more about our realty services, and will appreciate working with a  Charleston Coast REALTOR who knows  the area so well. Through trusted partners, we also provide real estate and financial services to consumers looking for houses for sale or selling their home in Charleston Coast, SC, such as mortgages, credit history, new homes, foreclosures and other services. If you've already tried to go the for sale by owner (FSBO) route and find you are needing a partner who you can trust in the sale of your most precious asset, Betty Poore can take care of your special needs. It really doesn't matter if you spell it REALTOR, Realator or Realter, realty, realety or reality, real estate or realestate, Betty speaks  your language.
Great Real Estate Agent Websites for Realtors - Best Real Estate Web Site Design for Realtors (c)2010 HoopJumper WebSystems, All Rights Reserved (949) 309-2299 | Merchants
Bookmark and Share