Charleston Currents – Doug Holmes

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 Doug Holmes · 09/18/2017 · Comments are Disabled · Real estate, Views

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 Doug Holmes · 05/16/2017 · Comments are Disabled · Real estate, Views

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 Doug Holmes · 04/10/2017 · Comments are Disabled · Real estate, Views

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 Doug Holmes · 05/16/2016 · Comments are Disabled · Real estate, Views

HOLMES: Charleston’s real estate market continues to rage

The real estate market in Charleston continues to rage on.

Buying activity was at unprecedented levels through the November to January months, where we normally see a bit of a slowdown. 2016 will surely set many records. New construction is booming and over 40 percent of what we currently have under contract is new construction.

by Doug Holmes · 02/08/2016 · Comments are Disabled · Real estate, Views

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 Doug Holmes · 01/11/2016 · Comments are Disabled · Real estate, Views

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 Charleston Currents · 11/09/2015 · Comments are Disabled · Full issue

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 Doug Holmes · 11/09/2015 · Comments are Disabled · Real estate, Views

10/12, full issue: Helping flood victims, not shortchanging S.C.

In the Oct. 12, 2015, issue of Charleston Currents:
FOCUS, Tim Ervolina: Ways to help victims of the Great Flood of 2015
BRACK: Stop shortchanging South Carolina
IN THE SPOTLIGHT: Charleston Green Commercial
REAL ESTATE, Doug Holmes: Traditional sellers face competition
GOOD NEWS: Big check to chase away cancer, more
FEEDBACK: Send us your letters
CALENDAR, Oct. 12+: A musical, block party and Greek Fest
REVIEW: Furiously Happy: A Funny Book About Horrible Things
MYSTERY: Ring our bell on this one
S.C. ENCYCLOPEDIA: Granby, S.C.

by Charleston Currents · 10/12/2015 · Comments are Disabled · Full issue

9/21: Deerin, Mr. Fixit, real estate market

In the Sept. 21, 2015 issue:
PHOTO ESSAY: The buildings of Cuba
FOCUS, Ginny Deerin: Will work to relieve traffic congestion as mayor
BRACK: Mr. Fixit strikes again
IN THE SPOTLIGHT: Magnolia Plantation and Gardens
REAL ESTATE: Understanding the cyclical nature of our market
GOOD NEWS: Not as poor, but poverty still persists; more
FEEDBACK: CCC article brings back memories
CALENDAR, Sept. 21+: Author visit, diversity meeting, Oktoberfest, Ball Fall
MYSTERY: Not a pearly gate
S.C. ENCYCLOPEDIA: The Rev. John Martin Pike