Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.
Here are seven great reasons not to wait:
- Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible.
- Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
- You can restrict the showings on your home to the times you want it shown. You will re...
The Upper Peninsula Area (Area 52 in the MLS, which includes neighborhoods like East Side, West Side, North Central, Wagener Terrace, Longrove, Hampton Park) is one of the areas where property prices have increased rapidly, above the average for the Charleston Area. The graph below (click to enlarge) shows the Median Price for Area 52 compared with the whole Charleston Metro Area. The median price for a home in this area has gone up from $188K in 2007 to $435K today. The most expensive active listing at this time is the $1.79M deep waterfront home at 







The graph definitely looks like a rollercoaster ride. And, as prices begin to reach 2006 levels again, it "seems logical" that the next part of the ride would be downhill. However, this graph includes the anomaly of the price bubble and the correction (the housing crash).
Kitchen Renovation / Kitchen Upgrade
Bathroom Renovation / Adding a New Bathroom
New Master Suite / Owner's Suite
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a
Given that Tropical Storm "Erika" is heading our way, make sure you have your insurance policy all stitched up ASAP, as it is customary for all insurance carriers to ban all new policy sales when there is an impending storm headed our way, and this could significantly delay closings, ev hit en if the storm does not come close to Charleston.
Last week the Dow Jones Industrial Average went from 17,500 to 16,500. What kind of effect does a correction like this one have on the housing and real estate markets?