How is The Real Estate Market Faring from 2011 to 2012 So Far?
Posted by Mike Ciucci on
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.
Let us know if you'd like a customized report for any particular area or Charleston neighborhood
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