Home sales, prices up across Lowcountry
More than 1,100 homes were sold at a median price of $219,316 in March, according to the Charleston Trident Association of Realtors. Last March, 1,075 homes were sold at a median price of $200,789 in...
View ArticleHomes underwater in S.C. come in below national average
Roughly 9.1 million U.S. residential properties, representing 17% of all properties with a mortgage, were seriously underwater during the first quarter of 2014, according to a report from RealtyTrac....
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Developers: Mixed-use helps growth, traffic
As the Charleston region continues to grow quickly, housing affordability and traffic congestion are pressing issues. Several local developers said higher density, mixed-use communities that offer...
View ArticleConstruction starts on 300-unit development on Folly Road
Georgia-based Flournoy Development Co. began construction on a development at 35 Folly Road last week. The project includes a park and the continuation of the West Ashley Greenway along with...
View ArticleHistoric Charleston Foundation plans to sell home for nearly $2M
The nonprofit organization purchased 35 Legare St. in downtown Charleston, commonly known as the Rebecca Screven House, for more than $1.7 million and plans to resell it for at least $1.8 million. The...
View ArticleMedian sales price of homes in S.C. remains $125,000
Residential properties sold at an estimated annual pace of 89,578 last month in South Carolina. That’s 1% higher than March 2013, according to data from RealtyTrac. Around 11% of all sales in the state...
View ArticleAverage profit on S.C. flipped homes $38K during Q1
In South Carolina, 3.2% of all single-family home sales were flips during the first quarter of 2014, according to a report from RealtyTrac. In the first quarter of 2013, flips accounted for 9.4% of...
View ArticleAll-cash residential property sales on the rise in S.C.
In South Carolina, roughly 52% of residential property sales were all-cash purchases during the first quarter. That’s up from 21.7% in the first quarter of 2013 and 49.2% during the fourth quarter of...
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Sales, median price up in Charleston area
In April, 1,143 homes were sold at a median price of $215,000, according to the Charleston Trident Association of Realtors. Last April, 1,028 homes sold at a median price of $200,000. Inventory also...
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Forbes: Cost of living counterbalances high home prices in Mount Pleasant
The magazine named Mount Pleasant as the only S.C. municipality among its 25 best suburbs to retire in, citing the town’s clean air, low crime and access to health care — though median housing prices...
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