Many recent reports show that home values have increased slightly this past quarter. BUT remember…..prices are determined by supply and demand.
While it is true that demand has increased….the supply of homes is being impacted by legal issues. The number of foreclosures coming to the Charleston AFB market has slowed dramatically by the courts as the banks continue to struggle with paperwork. This inventory (i.e. YOUR COMPETITION) will eventually find its way to the market and most likely have a negative impact on home values.
This diagram helps explain what is happening (courtesy of the KCM Group):
SummaryIf you are thinking of selling soon, then NOW may be the best time! Right now, there is a small window of opportunity in the Charleston AFB market…..So GO GET YOUR BEST PRICE before you have to compete with even more inventory.
About Military Homes of CharlestonMilitary Homes of Charleston is part of Coastalina Realty of Charleston and is a full-service real estate team based in Charleston , SC. We understand the appeal of living in Charleston and the challenges that come with moving to a new neighborhood or state. So whether you’re looking to buy a dream property or sell one, we can help.
Jodie Ford, Military Homes of Charleston
I specialize in helping military families enjoy a smooth PCS in and out ofCharleston . I have a passion for helping people, and I love what I do. Call me and let me make this the easiest PCS yet! Email Jodie
I specialize in helping military families enjoy a smooth PCS in and out of
Torri Jacobsen, Military Homes of CharlestonBuying or selling a home doesn’t have to be hard, but choosing the right Realtor DOES make a difference. I specialize in making first-time home buying a great experience for military families moving to the Charleston , SC area. Email today, and let’s make this your best move yet! You’ll feel right at home with me. Email Torri
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**Information provided by the KCM Crew via www.KCMblog.com**