This is a quick quarterly report with year to date Spring totals for 2012 compared to 2011 by area.

Worth noting:  the REO (Real Estate Owned, aka Foreclosure) closings are down from last year this same time by 30%. Closings are up 10% in Charleston county YTD while down 5% in Dorchester and flat in Berkeley County.  With the pendings up 30%, closings will catch up and with inventory falling, our local Charleston real estate market looks to be in recovery mode.

 

Market Statistics Spring 2011 vs 2012 

Let us know if you'd like a customized report for any particular area or Charleston neighborhood

 

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Seabrook Island ForeclosureWhat an incredible home for two of our very special clients from Charlotte. They initially had wanted a 'second home' to get away from the hustle and bustle work they do out of state, and had honed in on a few different areas of consideration in Mount Pleasant, Kiawah, and Seabrook Island. Well, Seabrook Island won and they found one heck of a deal (and a foreclosure in great condition!).

Our buyers were looking in the million dollar price range, and wanted a house which they could come to, and just "unwind". Seabrook Island fit the bill in a number of ways:

  1. Seabrook Island is a beautiful location, 45 minutes to downtown Charleston, and an island community along the ocean.
  2. It is a quiet destination with golf, tennis, horseback riding, and plenty of…

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