Thursday, October 7, 2010

The Greater Charleston Home Sales Market Starts to Weaken



Third Quarter 2010 results show a weakening of the Greater Charleston MLS home sales market. After a solid 10 month growth spree we are heading into negative growth compared to the previous 3rd quarter results. The decline is probably attributed to the discontinuation of the Government first time buyer tax credit. This may be a good time for buyers and investors as prices start to decline in the last quarter of 2010.