Charleston Real Estate

Charleston real estate by Charleston Realtors
Welcome to Charleston Real Estate Sign in | Help

Eve Olasov

The Charleston Market is edging forward - April, 7, 2009

The recent buzz has been "when do you think the market will come back?"  Truth be known, the Charleston real estate market will not come back since "back in time" was really not as good as we thought. It was bubble time and of course we now all realize that unrealistic appreciation year after year was not a sustainable market. It was in fact, just as has been coined, "a bubble market". So to answer your question, the market we hope will not come back but rather will emerge as a new more practical, balanced market where supply and demand are in sinc and where lenders lend money to buyers who reasonably qualify for their mortgage loans. The good news is that "yes" the buzz is that we're moving in the right direction and things will be better than they were in the good old days of the bubble. There is a bright light at the end of this tunnel!  http://www.inman.com/blog/2009/03/22/word-street-real-estate-markets-are-improving-you-tell-us

 

Published Tuesday, April 07, 2009 7:10 PM by Eve Olasov

Comment Notification

Subscribe to this post's comments using RSS

Comments

No Comments

Leave a Comment

(required)
(optional)
(required)
Submit

About Eve Olasov

. Serving the Charleston area since 1988 . Member CTAR . Member National Association of Realtors . Charleston Chamber of Commerce