According to SmartMoney.com, the "Top 5" areas in the country that should have home prices performing the best for 2010 are:
- Tacoma, Washington (increase of 2.44%)
- Memphis, Tennessee (up 0.99%)
- Pittsburgh (up 0.89%)
- Charleston, South Carolina (up 0.18%)
- Seattle (decline 0.50%)
Of course, one of the reasons being cited is because of Boeing building their 787 aircraft plant in Charleston, but also because the number of homes on the market in Charleston is declining, and our prices have remained in sync with household income over the past year.
Mike Ciucci specializes in the Charleston SC real estate market. He has been a Charleston realtor for over 15 years, focusing on quality and attention to detail his clients have come to expect.