Charleston Economy Unstoppable!
The Charleston Metro Chamber of Commerce released its economic forecast for 2017, and its great news for residents and those considering a move to the area. Jobs are up, unemployment is down, real estate sales are soaring, and the momentum just keeps getting stronger. You can read more about the full report on The Post and Courier.
So what does this mean for real estate? As jobs are created and more people are moving to the area, home values will continue to rise, and inventory will stay in high demand. In Mount Pleasant alone, 59 homes went under contract last week. 31 of those were OVER $500,000. If you have been thinking of selling, NOW is the time! The Spring market is ramped up, and while we don't really have a "slow time" here in Charleston, March is statistically the best month to list your home.
Did you buy in 2012-14? It might be the perfect time to cash in on your investment and upgrade - or even downsize. Thought you would never see your 2007 home value return? Reach out to Ed to find out what your home is worth today. You may be surprised!