Nov
11

Charleston, SC Area Home Sales Surge 31%

By

– The Post and Courier

Charleston area home sales surged 31 percent to 721 transactions last month as buyers moved to take advantage of a temporary $8,000 federal tax credit that was recently extended.

Last October, a total of 549 homes sold, according to the Charleston Trident Association of Realtors. The 31 percent increase ranks as the largest year-over-year increase in sales since the local real estate market began bottoming out several years ago. But last month’s sales figure is still dwarfed by the number of homes for sale in the region, which stood at 10,631 as of Tuesday.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thestate.com/749/story/1022743.html?storylink=SC%20Business%20Report%20PM%20Edition

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