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July 2012 Archives

2012 commercial property transactions down, expected to climb

It's no surprise that the real estate market in the Charleston area took a hit during the economic recession. As the economy begins to turn around, however, the expectation is that across-the-board property transactions will also see gains. Unfortunately, commercial real estate investment in Charleston this year has not been as strong as most hoped, but some believe it could pick up in the second half of the year.

Navigating the intricacies, benefits of a short sale transaction

As numerous reports have demonstrated, distressed homeowners have found the advantages of proceeding with a short sale before their lender moves forward with foreclosure. Not only does this real estate transaction allow homeowners to discharge their underwater mortgage and minimize the financial health side-effects, it can also present a great opportunity for those looking to buy a home.

Mount Pleasant housing development faces historic zoning issues

South Carolina is definitely a state that prides itself on its long and storied history. The Charleston area is particularly rich in history, which is why local developers and residents are at an impasse in Mount Pleasant. Residential real estate developers have created a plan to put up homes near Fort Palmetto, which was established during the Civil War. However, some residents believe the development will tarnish the landmark's history.

Tight supply draws mixed numbers in residential real estate sales

As each month passes, economic observers look to various public and private agencies to release monthly data, which often indicates where the national economy is moving. A recent report released by the National Association of Realtors shows that residential real estate purchase transactions fell during the month of May.

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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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