National trade publication Builder Magazine has included Charleston in its annual roundup of the nation’s 20 healthiest housing markets, placing it in the fifth spot among markets most likely to rise to the top as the national housing market begins to recover. The annual study is conducted by the publication’s market research arm, Hanley Wood Market Intelligence.
“The markets that (rebound) first will be the ones with the strongest core dynamics; places where house prices never got out of hand, cities where a diverse and progressive employment base drives job creation, and towns that continue to draw population despite the economic recession,” writes Boyce Thompson in an article summarizing the results of the “Builder Market Health Index” for 2010. [Read more...]