Well, Charleston continues to get accolades from everywhere, whether it be about the historic appeal, the food, the people, or the housing market. A friend of mine puts out a newsletter at the beginning of every month and I thought I'd share this months' newsletter with you. The following is an excerpt from it;
"The weather is simply spectacular and it’s a great time to
enjoy the greatest city in the world.
May brings one of Charleston’s premier events in Spoleto. But there’s also the Greek Festival and the
North Charleston Arts Festival among others.
Here’s a calendar:
1-9 - North Charleston Arts Festival
2 - Fleecing of the
Sheep, Middleton Gardens
2 - 8th Dragon Boat
2 - 39th Lowcountry Shrimp Festival, McClellanville
3 – Bands, Brews, and Burger Throwdown
8-10 – 45th Greek Festival, Greek Orthodox Church on Race
May 22 – June 7 – Piccolo Spoleto and Spoleto USA
North Charleston Performing Arts Center:
5 – Ryan Adams
7 – Marvin Sapp
9 – K Michelle
11 – Pixies
12 – Old Crow Medicine Show
19 – Beck
Charleston Music Hall:
1 – Leo Kottke
2 – Elise Testone
7 – Town Mountain and Barefoot Movement
9 – Pat Conroy
10 – Ani DiFranco
15 – Marc Maron
16,17 – Cinderella Ballet
30,31 – Beauty and the Beast Ballet
The Charleston real estate market just set a record for the
4 busiest weeks of buying activity in our history. We’ve only had a handful of weeks ever where
over 350 residential properties went under contract and we’d never had over 400
in one week. Well, the last 4 weeks saw
439, 397, 421, and 399. Wow!! Inventory is fairly low and it can be quite
difficult to find a home that fits a buyer’s needs. Some of the better agents are being proactive
and asking other agents to let them know if they’re about to list a home that
matches their buyer’s needs. Many
frustrated buyers are opting for new construction. As I’ve mentioned recently though, prices are
rising at only a moderate pace. Overall,
our $/sqft prices are still 5-10% below where we were at the peak in 2005-2007,
and that was 10 years ago. So, we still
have a lot of room for much more appreciation.
Our median sales price is now about $220k, but statistical analysis
shows that we should be at around $250k, more proof that we still have plenty
of room for appreciation. Credit is
available, but it takes a lot more than fogging a mirror now. You have to have good credit scores, good
employment, and the determination to work through the process. The lenders have been given a lot of new
rules to follow to prevent what happened in 2007."
Well, there you have it. Nothing to add except "why aren't you here?" Contact me today so I can assist you in relocation to this most beautiful part of the world. Not only am I a Realtor/Broker, I am also a Certified Real Estate Appraiser. So I know the true value of a property, not just what the seller is hoping for! Call me today @ 843-345-8506 to get started in your search.
It's a beautiful day here in Charleston, SC. I hope it's beautiful where you are!
Thank you, we'll be in touch!