Post Tagged with: "real estate"

REAL ESTATE:  A lot more attention for the Charleston area

REAL ESTATE:  A lot more attention for the Charleston area

By Doug Holmes, contributing editor  |  The total eclipse brought a lot more national attention to Charleston.  Not that we really needed it.   Being voted the number one city in the United States so many times has taken care of that. 

Our real estate market has responded by building new homes all over the tri-county area.  New construction is certainly a favorite among buyers.  Currently one third of the homes under contract are new construction.  In certain areas, that percentage is well over 50 percent.  Year to date in 2017, we are up 6.8 percent in number of transactions over the same time period of 2016.  It looks like we may sell 18,000 homes for the first time in our history. 

by · 09/18/2017 · Comments are Disabled · Real estate, Views
HOLMES:  Charleston real estate market still on fire

HOLMES: Charleston real estate market still on fire

By Doug Holmes, contributing editor | The Charleston real estate market continues to set records. A couple of weeks ago, we hit an all-time high, 452, for the number of residential properties going under contract in one week. This year will probably see the most transactions ever in our tri-county area. 2016 was the second busiest year ever, but only by a few hundred transactions.

by · 05/16/2017 · Comments are Disabled · Real estate, Views
REAL ESTATE:  Local real estate market continues to boom

REAL ESTATE: Local real estate market continues to boom

By Doug Holmes, contributing editor | 2016 was a banner year and so far, 2017 is even stronger for real estate sales in Charleston. 2016 turned out to be our second-busiest year ever with over 17,000 residential home sales. Only 2005 was stronger with almost 18,000 sales. The median sales price reached an all-time high in 2016 of $245,000.

by · 04/10/2017 · Comments are Disabled · Real estate, Views
REAL ESTATE:  Charleston continues to rocket forward

REAL ESTATE: Charleston continues to rocket forward

By Doug Holmes, contributing editor | The Charleston real estate market continues to outperform. We are well into the busy spring season and it’s been the busiest year ever so far.

by · 05/16/2016 · Comments are Disabled · Real estate, Views
HOLMES: Charleston is now a real seller’s market

HOLMES: Charleston is now a real seller’s market

By Doug Holmes | The real estate market in Charleston in 2015 was awesome and record-setting. It was the third busiest year ever in sales. We sold 15,486 residential units with a record median sales price of $235,000.

by · 01/11/2016 · Comments are Disabled · Real estate, Views
11/9:  The sellers’ market, #JohnNotLeon, more

11/9: The sellers’ market, #JohnNotLeon, more

Click to read our new, full issue. Inside:
PHOTO: Guard dog
FOCUS, Doug Holmes: Real estate prices rising in sellers’ market
BRACK: #JohnNotLeon
IN THE SPOTLIGHT: Kaynard Photography
PALMETTO POEM, Samuel Henry Dickson: “Written at the North”
GOOD NEWS: From a bikeway study to a new community garden
FEEDBACK: Remembering loved pets
CALENDAR, Nov. 9+: Food to festivals to books
REVIEW: Deep South, by Paul Theroux
MYSTERY: Substantial building, but where?
S.C. ENCYCLOPEDIA: Allendale, S.C.

by · 11/09/2015 · Comments are Disabled · Full issue
FOCUS: Real estate prices rising in sellers’ market

FOCUS: Real estate prices rising in sellers’ market

By Doug Holmes, contributing editor | Charleston real estate has recovered nicely from the torture of 2008-2011. Back then, the country was in recession and a lot of it was due to the real estate crisis caused by banks giving money away too freely. It became very difficult to sell homes and buyers had it all their way. We were mired in a buyer’s market of unprecedented proportions. It’s interesting to compare months of inventory for that market to months of inventory for the market today.

by · 11/09/2015 · Comments are Disabled · Real estate, Views
HOLMES:  Traditional sellers face competition from new construction

HOLMES: Traditional sellers face competition from new construction

By Doug Holmes, contributing editor | As the market conditions change, so do the types of competitors for traditional sellers.

With the real estate market in Charleston and Charleston itself doing so well right now, new construction is on the rise. During the downturn of 2008 to 2012, new construction hit a low point.

by · 10/12/2015 · Comments are Disabled · Real estate, Views
8/17, full issue: Discrimination, electronics, real estate

8/17, full issue: Discrimination, electronics, real estate

In the Aug. 17, 2015, issue, Kendra Hamilton discusses a different kind of discrimination; Andy Brack offers tips on cell phones and email for newbies; and Doug Holmes gives real estate info.

by · 08/17/2015 · Comments are Disabled · Full issue
HOLMES: Real estate hot, but may be undervalued

HOLMES: Real estate hot, but may be undervalued

By Doug Holmes, contributing editor | Last month in my first article for Charleston Currents, I gave you an historical perspective on the Charleston real estate market and a current snapshot of the tremendous buying activity in today’s market. The buying activity has continued its rampage over the last month and prices look very good, but not out of control.

by · 07/13/2015 · Comments are Disabled · Real estate, Views