19 Nov Real Estate News Roundup for November
The Charleston region real estate market appears to be back on track after an unexpected decline in September. Here is more on this mortgage news story that we are watching:
Sales Start To Rebound For The Charleston Region
Based on initial results from last month’s residential real estate numbers, the Charleston Trident Association of REALTORS® estimates that home sales in the region inched up 3% in October year-over-year. This came after a 13% decline in September and an 8.7% gain in August. Industry experts attribute the September drop to the landfall of Hurricane Florence in mid-September, and the experts attribute October’s gain to recouped losses. Over the entire region, 1,368 homes were sold, with the median price increasing 4% to $259,835.
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Wise, Warren L. “Charleston-area home sales climb 3% in October.” Web blog post. The Post and Courier. 13 November 2018. Web 13 November 2018.