Upcoming Problems in the Charleston Real Estate Market?
Posted by Mike Ciucci on
The selling market in Charleston right now is incredibly good. We have been on a tear in most of Charleston with available houses for sale (inventory) being really low. Which of course keeps demand high, and increasing prices. Coupled with so many folks moving to Charleston in search of a home, things have been fantastic for home sellers. Fortunately, most lowcountry residents have been able to take advantage of this through the years with your home value skyrocketing!
But... Are we topping out right now? We've been talking in the real estate industry about home insurance premiums almost doubling for some homeowners and the Fed raising rates again this year. I've read potentially 2 more times this year. Which would of course continue to make…
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