With dual roles as a Buyer Representative for Charleston Preferred Properties and an active residential real estate appraiser, Bart Jackson spends the vast majority of his days examining the Charleston, SC real estate market. According to this seasoned professional, there are many indicators in place that suggest the Charleston market is heading towards recovery.
“I really think 2012 is shaping up to be a year of true market stabilization for the Charleston area,” says Jackson. “It is my belief that we will look back and say that 2010 and 2011 were the bottom for the Charleston real estate market.”
For the past three years, inventory in Charleston has steadily declined and activity has shown steady increases. In 2011, the Charleston region saw the highest number of single-family home sales since 2007. [Read more...]