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2013 Charleston Real Estate- Sales up, Prices up, Inventory up, distressed homes down…

NAR reports sales are up, prices are up, inventory is up, and foreclosures and short sales are down.

Here in Charleston prices and sales have definitely increased. We have also seen foreclosures and short sales fall off a cliff. In our local view, inventory is way down. Home builders are in high demand now because most Charleston buyers cannot find a resale to suit their needs.

NAR report

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