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Real Estate

Business/Real Estate

Lower-priced housing inventory decreasing

By Everett Ballenger  We recently looked at the various price brackets of what homes were selling for in the five areas (the city of Beaufort, Port Royal, Moss Oaks, Lady’s Island and Burton) that we monitor.  It was interesting but not surprising to see the difference in sales numbers the further we went up the… Keep Reading

Business/Real Estate

Low inventory to blame for malaise

By Janet Gresham There has been a general slowdown in home sales across the country, and this cannot be blamed on negative economic news. Unemployment remains low and wage growth, though nothing to overly celebrate, has held steady or increased for several years in a row.  There is strong demand for home buying, emphasized by… Keep Reading

Business/Real Estate

Real Estate briefs for March 30th-April 5th

Realtor certified in military relocation Robert Moul, of Weichert, Realtors-Coastal Properties, has been awarded the nationally recognized Military Relocation Professional Certification by the National Association of Realtors.  The certification is presented to Realtors who help military personnel, veterans and their families find housing that lets them make the best use of their benefits and serves the… Keep Reading

Business/Real Estate

2016: A look back at the real estate market

By Everett Ballenger 2015 was a landmark good year for Ballenger Realty and I suspect also for many other Beaufort real estate companies. Last year we equaled the volume we did in 2005. So it has taken us 10 years to get back to where we were in 2005 in regard to sales volume. With… Keep Reading

Real Estate

New home construction increases on Lady’s Island

By Lady’s Island Business and Professional Association Prior to the 2007 crash of both the economy and the housing market, Lady’s Island averaged 182 new homes each year for 10 years. Since that time the island has seen an average of 45 new homes each year.  As can be seen by the chart, in 2015… Keep Reading

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