Tagged : Charleston Real Estate Reports

Found 1 blog entry tagged as "Charleston Real Estate Reports".

 

Charleston has grown at a rapid rate in recent years. A recent study indicated Charleston is second in growth to Austin TX. In Charleston's market, lifestyle is the big driver of growth. Families looking to improve their life, live in a smaller city with all of the amenities of a big city, and enjoy lower real estate taxes are making the move. Of course, growing employers like Boeing, Bosch, Mercedes and many others bringing new hires in. 2017 was the busiest year ever for home sales. The growth rate of homes sold was up 3.4% over 2016 and median price was up 4.3%. Of course, this is not a huge increase which delights us as the growth rate is sustainable. We are not seeing the dynamics of the 2008-2009 period of speculation.

 

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