These days it is hard to find good news in the real estate market along the Charleston Coast. You see and hear all kinds of numbers and though it can be discouraging for sellers currently in the market, the silver lining in all this is that there are still buyers out there looking and looking and looking...some are actually buying. You just have to be competitive in your pricing.
I ran some numbers for the island & downtown markets, comparing the number of sales for the first 7 months of 2007 with the first 7 months of 2008 and then ran the average percentage difference in list price vs sold price for those same markets, year to date.
It is not great news, I know, but the market is the market and we have to work with what we have. I hope you will give me a call to discuss any questions.
# posted by
Betty Poore @ 10:58 AM
I just can't believe it is mid August and school is about to start. Where the heck did summer go? What a blur.
I found this year that many of my friends, family and clients gave up the traditional vacation for a "staycation". Rentals on the islands were down across the board for two big reasons: Gas and the economy.
Mark and I cancelled our trip to Italy and stayed right here at home. Something to be said for a "homefest" in your own back yard. We had "Italian" night, evening star walks and lots of reading time on the dock. (Not to mention just a little golf)
What did you do?
# posted by
Betty Poore @ 2:00 PM