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June 2012 Archives

Charleston homeowners: Tips for receiving short sale approval

Homeowners throughout the state of South Carolina should be relieved to know that banks and federal officials are beginning to recognize the benefits of choosing a short sale over foreclosure. Since mortgage lenders find that they can recover more of the underwater home loan, distressed homeowners are put in a position to make sure that they have all the correct documentation in order to receive approval for their short sale.

Foreclosure rates down year over year, short sales on the rise

As economic reports stream in, the status of the national and local real estate market is in a state of flux, which means there is still some uncertainty. A recent report issued by RealtyTrac, a national authority on real estate statistics, shows that foreclosures are down over the last year nationally, but rates still remain high in South Carolina.

Low interest rates drive strong home sales in Charleston area

Daily news brings mixed signals regarding the state of the national economy. Recent jobs reports showed disappointing numbers and some parts of the country are still affected by high home foreclosure rates. Locally, however, residents of Charleston, South Carolina, received good news when the area saw the highest number of home closings since June 2010. It is believed that low interest rates are one of the primary reasons sales are on the upswing.

Commercial investment firm purchases Charleston medical facility

Anytime commercial real estate investors come into the Charleston area to acquire property, it's a vote of confidence in the strength of the local community. It's also a sign that the local commercial real estate market might be on the upswing.

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Visit Weeks & Irvine at One of Our Six Locations

North Charleston office 8086-B Rivers Avenue
North Charleston, SC 29406
Phone: 843-553-9800
Toll Free: 800-553-7449
Fax: 843-553-9804
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Mt. Pleasant office
1100 Queensborough Blvd, Suite 102
Mt. Pleasant, SC 29464
Phone: 843-856-9800
Toll Free: 800-553-7449
Fax: 843-216-0930
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Mt. Pleasant North office
3040 Highway 17-A North, Suite B
Mt. Pleasant, SC 29466
Phone: 843-388-3250
Toll Free: 800-553-7449
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West Ashley office
873 Orleans Road, Suite 102 1/2
Charleston, SC 29407
Phone: 843-571-2996
Toll Free: 800-553-7449
Fax: 843-571-2998
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Summerville office
106 West 7th North St
Summerville, SC 29483
Phone: 843-875-7111
Toll Free: 800-553-7449
Fax: 843-875-7721
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Goose Creek office
567 Crowfield Blvd.
Goose Creek, SC 29445
Phone: 843-553-9100
Toll Free: 800-553-7449
Fax 843-553-9183
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