Welcome to Charleston! Well winter has been a big surprise, we have had above normal temperatures and I love it!

I also have noticed above average amounts of activity in real estate. January's overall activity was up 50%. I am still finding the lower price ranges between 100-275K as very competitive and I have not noticed prices going down in this range as much as I see in the higher ranges. I am recommending to my clients in the lower price range to buy, the rates are very competitive and the choices are not as many.

The most difficult range I see is still the 400-800K range. There are to many properties for sale and this is pushing down prices. I am suggesting to my clients to price it to sell or wait until late this year for a sale and we may sell it for less. The middle price range is a perfect example of to much supply and not enough demand. The owners in the price range will find it difficult for at least another 12-18 months.

The million dollar price range has a lot of supply also but I find these homes selling better than the middle range. Prices have gone down but not to the same severity as the middle range.

See Ya.