Home sales plummet; but charm will help weather the storm

Image by flickr user JS NorthImage by 20080702homesales.jpg Buying a home has become very difficult over the last several months.

Sales of homes in Charleston have fallen some 33 percent, but USA Today says our vibrant economy and our unique amenities will help us bounce back quickly.

From their article:
Home sales have fallen sharply from their highs of 2006 and 2007. But local real estate agents say Charleston, a city of Southern charm and character, is likely to climb back up before long, thanks in part to its relatively robust economy. Last year, Google announced that it would build a data center in Berkeley County, which is part of the Charleston metro area. And in 2005, North Charleston became home to Global Aeronautica, which assembles components for Boeing.

"There's a lot of good news in Charleston," says Ralph Wetherell, president-elect of the Charleston Trident Association of Realtors. "And the city, the history, the quaintness and the beaches are big draws."