Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call
Three main factors are impacting our market, and I’m explaining them today.
In my opinion as a local real estate agent, three main factors are changing our market these days:
1. Historically low inventory. For the first time in my 13-year career, our local MLS shows just under 4,000 homes for sale. In a typical, steady market we usually have about 5,000 houses for sale. This low inventory has had a large impact on our real estate market.
2. Historically low interest rates. Buyers currently have a wonderful opportunity to buy more house for their money, and homeowners can get a great rate when refinancing.
3. Buyers are looking for larger homes. Now, buyers are searching for homes that are larger, offer more private backyards, and home office space. Some are even looking for space for two people to work from home or a schoolroom.
If you have any questions about what’s impacting our local market or buying or selling a house, please contact us via phone or email. We would love to help you.
-
Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call
-
Free Home Value Estimate. Know the value of your property for a cash offer or traditional listing. Request My Value
-
Looking for a Charleston Home?. Search the entire MLS for your Charleston home. Search the MLS
-
Free Real Estate Newsletter. Get our latest Q&A, insights, and market updates to make smarter decisions. Subscribe Now
