Sun, 08 Jan 2006 02:34:48 +0000

5 year Real Estate Cycles  -  @ 02:34:48
5 Year cycles is the rule of thumb - cant wait for 2010: The market is a bit slow leaving much to be desired, however, home prices seem like they may remain stable (at least on a local level)

Thu, 05 Jan 2006 01:07:56 +0000

Charleston Sc Real Estate is 7% under-valued in accordance with the rest of the nation  -  @ 01:07:56
this is my first post to the blog.

We are on the tail end of the seasonal slow market and everyone is waiting to see if the market will take off again in the spring or level off like the media keeps telling us we are.

I for one dont buy into the media bubble theory.

I think that we will still be strong showing 12-20% appreciation this year until we hit around 10% with interest rates.

That Said I seem to be listing more than selling and I have been doing price reductions at a pace that I am not satisfied with.

The beaches seem strong. Areas like Daniel Island and Mount Pleasant where things got a little too crazy last year seem to be correcting at the moment.

Ill keep you informed as I head into Spring,

Mac

0.040

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