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 Real Estate is truly unique. I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:
August 2010 National Housing Trends
This survey is derived from the Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. It is based on a national survey of more than 3,000 real estate agents each month and provides up-to-date intelligence on home sales and mortgage usage patterns throughout the United States.
The highlights of the newsletter are:
1. Home prices showed signs of stabilizing in August, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market
Conditions.
2. Importantly, prices for all three categories of distressed properties – damaged
REO, move-in ready REO and short sale – ticked upward last month, while prices for non-distressed properties were flat.
3. Meanwhile, leading housing activity indicators such as first-time homebuyer
traffic, current homeowner traffic, and investor traffic all declined, indicating reduced homebuyer demand.
Click here to see the entire August 2010 National Housing Trends newsletter.
Campbell’s monthly newsletter is available only to real estate agents who participate in their monthly surveys. I thought this information would be useful for you.
As always, your thoughts, questions, or comments are greatly appreciated.
Let me know if I can help with any of your Charleston SC Real Estate needs or questions.
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View my entire inventory of VisualTours of Charleston SC Real Estate homes at http://www.visualtour.com/inventory.asp?U=182210
Sincerely,
"Carolina Joe" Idleman
http://www.charlestonscrealestateforsale.com
I believe that the market has hit bottom and now is the time to buy. Interest rates are at record lows and their is a large inventory of home to choose from. It is certainly a buyer’s market out there!