Here's the monthly recap of what happened in the Charleston tri-county real estate market this August, how it compares to last year, and where things might be headed.
Here's the monthly recap of what happened in the Charleston tri-county real estate market this August, how it compares to last year, and where things might be headed.
The market continues to move sideways rather than dramatically up or down — low inventory is still the main force keeping pressure on prices, especially in the $750K range, where homes are scarce and go quickly when they do hit the market. Mortgage rates are expected to stay in the 7% range for the foreseeable future following the Fed's recent rate action.
If you're buying or selling in the Charleston, Berkeley, or Dorchester County area and want to know what this means for your specific situation, reach out — happy to talk through it.
New market updates post every Monday on YouTube — subscribe so you don't miss one.