Many people begin looking at homes to buy prior to deciding how they will handle the issue of selling their current home.
…maybe a few people are leaving, but this isn’t significant enough to call it a trend in our opinion.
They reported Sep sales increases of 8% in the region and 17% in S.C. County from Sep of ’08.
As potential sellers hear that values are firming, they are more apt to wait (hoping to get a better price later) rather than sell their home now.
Our belief remains that the uptick in economic activity and the real estate market will be short lived.