Friday, March 30, 2007
Market is good in Charleston!
It's a great time to buy in the Charleston Area! The interest rates are still low and builders are offering incentives on standing inventory. The market slow down in other areas has created a mild buyers market in the Charleston Tri-county area. We are still seeing steady population growth and a solid job market increase with new industries moving in. Our market is somewhat affected with potential buyers having longer delays in selling their existing home in other states. Ready, willing and able buyers now have a better inventoy to select from. We simply have more builders, more homes and increased competition between the builders with incentives and price adjustments in some areas. We also have a few more resale homes in the inventory.
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