Market Trends
All markets are different. We’ve written these blogs to inform buyers and sellers about the current trends in Charleston’s real estate market.
This category currently has 19 blog entries.
Mon, May 05, 2008
You may have already heard the news that Prudential will be changing its name to Carolina One Real Estate. We’re excited about this change and wanted to pass the news along to you, our website users! The company opted to not renew i...
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Tue, Apr 08, 2008
Prudential is by far the top real estate company in Charleston. A lot of home buyers see our signs and advertising and assume that we’re one of the top companies. But, they don’t have actual information to compare us with the re...
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Mon, Apr 07, 2008
It’s a great time to buy real estate in Charleston right now. Four factors benefit home buyers in Charleston’s real estate market:
1) Low interest rates – We’re seeing interest rates in the 6% range. A ...
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Fri, Feb 29, 2008
“Indeed, as we go forward, there seems to be a lot of room for consensus and common ground for minimizing the impact of the correction on homeowners, communities, and the economy.
The notion seems pretty fundamental in this country tha...
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Fri, Feb 29, 2008
“So, looking back, we know what led up to the housing correction – risky lending chasing rising home prices fueling more risky lending – until the bubble burst. Looking at the situation now, there are some short-term remedies t...
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Wed, Feb 27, 2008
“Long-term, I believe the focus should be two-fold. First, we need to make balanced reforms to the lending system. Second, we need to restore the fundamental healthy demand for housing, based on people who want and can afford to buy a...
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Tue, Feb 26, 2008
“Let me sketch some immediate actions that I believe would make the slowdown shorter and shallower…
Here are five short-term remedies:
First, the Treasury Hope Now initiative is an important step. By helping ...
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Mon, Feb 25, 2008
“Let me review briefly how we got here.
As the decade started, incomes were rising and interest rates were low and stable. Demand for homes outpaced supply, driving a sustained boom in home prices. Affordability plummeted.
&...
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