Recovering is Such an Optomistic Word!

Posted By Cathy Hunnicutt @ Feb 2nd 2011 5:57pm In: Market Stats

Joey Von Nessen, a research economist with Resh Marketing in Columbia and an assistant professor of economics at the University of South Carolina’s Moore School of Business presented Tuesday the 2010 Charleston Market Update to a packed room of Realtors from the Charleston Trident Assocation of Realtors.  Certainly, it was refreshing to hear that the turning point for South Carolina's overall economy and housing market was in 2010. 

Von Nessen reported that the number one indicator for economic growth and home sales is job growth and we are seeing increases in those numbers.  He also said, that the two sectors driving the growth in the Lowcountry are durable manufacturing and services.

It is a good time to buy!  Low interest rates, Low prices, High inventory...

The report is available for your viewing by clicking on the link below!

2010 Annual Report on the Charleston Trident Housing Market



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