If you're buying a home in the Charleston area, the market has shifted meaningfully compared with the intense seller's market of 2021–2023. While desirable homes still command strong prices, buyers generally have more negotiating leverage than they've had in several years.

1. You're Buying in a …

HOME SALES AND BUYER INTEREST CONTINUE TO INCREASE IN THE CHARLESTON REGION

NOVEMBER 10, 2021 (Charleston, SC) 1,975 homes sold in October in the Charleston region at a median price of $365,000 according to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR).

Year-to-date, sales …

Rising rents

Apartment rental rates climbed 5 percent in the Charleston-North Charleston area during the 12 months ending in September, according to a recent report from the commercial real estate investment firm Marcus & Millichap.

The average rental rate for housing overall rose to $1,038 in September, the report …

Friends and clients,

Well the heat finally broke and we have some fall-like weather to enjoy (+/-70 during the day and +/-50 at night). Since you have previously indicated an interest in real estate in the Charleston area, I wanted to take a moment to bring you up-to-speed on how …

Recently I was responding to some fellow real estate professionals who were deliberating as to whether the market we are currently in in Charleston is an analog to where the market here was in 2008. Here are my thoughts:

The market we are in is nothing like 2008. The only …