If the last 12 months were the “new normal”, the next six months will be deemed “getting back to normal”. With the rapid rise in mortgage rates, the residential real estate market is catching its breath a bit. Metro Charleston is still seeing inventory levels below the pre-pandemic era, but agents and buyers alike welcome more inventory and a typical purchase process which includes inspections, due diligence periods, the ability to negotiate closing dates, etc. Sellers too are more attuned to real market pricing; especially as lending costs increase.
Welcome to the new normal in real estate, at least for the foreseeable future—Faster pace, limited inventory, and a shortened buy and sell process. Now, more than ever, seasoned advice, whether setting value or navigating to a successful negotiation, is critical for success in today’s rapidly changing residential market.
There’s the library enrobed in warm cherry, the shimmering oak floors, and the cedar shakes that bring a little of the coastal Northeast to the Lowcountry. There’s the vaulted bead board ceiling in the sunroom, the breeze off Leadenwah Creek, and the pool and gazebo straight out of an F. Scott Fitzgerald novel. But before you notice any of that, you see the grand oak trees — arms spread wide and laden with Spanish moss, welcoming you to Selkirk Plantation.
Choosing a real estate agent can be a daunting task especially when it comes to luxury properties. Do you prioritize years of experience and knowledge of the market or base your decision on current listing and references from recent clients? Considering the value of these transactions, you shouldn’t have to choose and with Carriage Properties, you don’t.
For Carriage Properties, decades of combined luxury real estate experience and unmatched market knowledge are vital when representing potential buyers in the luxury market. Most buyers of a $1 million-plus property see this market as a key component of their real estate portfolio, often one of their many real estate investments. So, when considering that potential investment, savvy buyers and sellers turn to Charleston’s leading luxury real estate ﬁ rm, … Read More
For Carriage Properties, decades of combined luxury real estate experience and unmatched market knowledge are vital when representing potential buyers in the luxury market. Most buyers of a $1 million-plus property see this market as a key component of their real estate portfolio, often one of their many real estate investments.