Mar 22, 2010

Good News for the Charleston Real Estate Market

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Good news for the real estate market.  Home sales were up 22% in February from the same time last year.  The sales boost was up due to the 1st time home buyers taking advantage of the $8,000 tax credit that was extended to April 30th, 2010.

Another boost came from  more businesses and industries moving to our area.  Since October of 2009, Boeing has announced a move here as well as the IMO Group, a manufacture parts for wind turbines; Moulton Logistics Company, a distribution center; Gildan T-Shirts, Tire Kingdom, Mankiewicz Coatings LLC and also a DOE grant has been awarded to Clemson University for a wind turbine testing facility.

Mortgage rates are also still at their lowest and the market is flooded with approximately 9,500 homes, most of them at reduced prices.

Contact Charlotte at [email protected] or connect with her on LinkedIn.

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