The Charleston, South Carolina area is a great place to live or have a vacation home. The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country. It is because of these reasons that I believe Charleston SC Homes are truly unique. I look forward to helping you with any of your Charleston SC Homes For Sale needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:
Charleston SC Homes For Sale : April 2013 National Housing Trends
Investors Not the Dominant Force in 2013 Housing Market
2013, the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey results suggest first-time homebuyers and current homeowners are in fact the major players in this year’s marketplace. And the active presence of non-investor homebuyers is helping create a remarkably strong market for non-distressed properties leading into the important
spring-summer home buying season.
HousingPulse nationwide data for March show that current homeowners continued to dominate the overall home purchase market with a 42.2 percent market
share, based on a three-month moving average. While that was down from the levels seen last fall, it was still up on a year-over-year basis. Meanwhile, first-time homebuyers stepped up their activity, reaching an eight month market share high of 36.1 percent in March, according to HousingPulse
results.
Although investors have been getting a lot of media attention recently in terms of driving – if not dominating – home purchase activity, their share of the national
housing market was just 21.8 percent in March. HousingPulse data show the investor share nationwide hovering between 19 and 23 percent for much of the past year. If you look at just non-distressed properties, the largest segment of the housing market, the investor share was only 13.3 percent in March. Current homeowners had a 50.0 percent market share and first-time homebuyers a 36.8 percent of the nondistressed housing market last month. Learn more about the April 2013 National Housing Trends here.
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Sincerely,
"Carolina Joe" Idleman
http://www.charlestonscrealestateforsale.com
