August 2014

Found 1 blog entry for August 2014.

Charleston housing market appreciation

In a decade that saw enormous real estate appreciation and also a historic slow down, it’s important for buyers and current homeowners to take a step back and consider large scale trends in our Charleston real estate market. This final chart compares the median sales price in 2004 to 2013 and gives the percentage of appreciation for each of the main areas.

Because we work with a lot of local real estate investors (and invest in the market ourselves), we know that real estate offers one of the highest returns on investment over a long period of time. This is partly because of its leveraging power. For example, let’s say that an investor has $30,000 in cash and is weighing the options of stocks, real estate, mutual funds, etc. If he or she were to put

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