Daniel Island homes, Daniel Island real estate, Daniel Island realtors, Daniel Island investment properties, Daniel Island golf course lots, Daniel Island Club, Mt. Pleasant homes, Mt. Pleasant real estate, Mt. Pleasant realtors, Mt. Pleasant investment properties, SC homes, SC properties, CHARLESTON homes, CHARLESTON realtors, CHARLESTON county homes,Charleston real estate, West Ashley real estate, North Charleston real estate, Hanahan real estate, Goose Creek real estate, Moncks Corner real estate, Summerville real estate, Ladson estate, Mount Pleasant real estate, Kiawah Island real estate, Seabrook Island real estate, Sullivan's Island real estate, Isle of Palms real estate, Daniel Island real estate, James Island real estate, Hollywood real estate, Johns Island real estate, Edisto Island real estate, Awendaw estate.

Susan Orick
Office: (843) 817-3811
Email: sorick@kwchs.com

Charleston Real Estate News and more by Sue Orick
Housing: Best recovery bets - CNN Money

Lovely, historic Charleston has a lot going for it but, for decades, growth wasn't one of them.

The core city lost population for decades until things started turning around in the 1960s. Since then the number of residents has increased to 100,000 from a low of about 60,000.

Economically, the city has ridden a tourism surge; it has added large numbers of hotels, bed-and-breakfast inns and restaurants over the past 40 years. And there has also been a jump in tech jobs.

Job losses have been a problem lately, however, with an unemployment rate of 10.2% in December, higher than the national average.

After recording modest home price declines over the past three years, Charleston is poised for a comeback, according to Fiserv and Moody's Economy.com. Prices will climb an average of 2.9% between now and September 2011.

Median home price: $192,000
Value lost since 2006: 14.1%
Forecast gain through 2011*: 2.9%

To read the entire article go to http://money.cnn.com/galleries/2010/real_estate/1002/gallery.Housing_recovery_bets

Posted - 03/02/2010
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Susan Orick - Keller Williams Realty Charleston  
496 Bramson Court, Suite 200-
Mt. Pleasant, SC 29464
Phone: (843) 817-3811 - Fax: (843) 416-1577
email:
sorick@kwcharleston.com

Proud Member of   ActiveRain Real Estate Social Network               

Serving Charleston, Berkeley, and Dorchester Counties in South Carolina including the cities/areas of: Charleston,
West Ashley, North Charleston, Hanahan, Goose Creek, Moncks CornerSummerville, Ladson, Mount Pleasant, Kiawah Island,
Seabrook Island, Sullivan's Island, Isle of Palms, Daniel Island, James Island, Hollywood, Johns Island, Edisto Island, Awendaw.


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