Charleston Real Estate Market Expected to Fare Well in 2010

According to MoodysEconomy.com, the following five areas home prices are expected to perform best in 2010:

Tacoma, Washington (increase of 2.44%)
Memphis, Tennessee (up 0.99%)
Pittsburgh (up 0.89%)
Charleston, South Carolina (up 0.18%)
Seattle (decline 0.50%)

As you can see the projected increase is modest but Charleston will fare well because we are starting with a limited supply of housing stock and our prices have stayed in sync with household income over the past year.  Read the full analysis on SmartMoney.com.