Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
Visit Housing Bubble Blog
Cherry Pickers, Scavengers, Hyenas And Bottom Feeders
Posted on April 25, 2008
The Sun News reports from South Carolina. Grand Strand real estate sales continued seeing some of the steepest decreases in the state in March, according to an S.C. Association of Realtors report. All areas of the state saw declines compared with March 2007. On the Grand Strand, there was a 33.3 percent drop in sales. The only areas with bigger decreases were the Southern Midlands, with a 44.07 percent drop, and the Charleston area, with a 33.86 percent drop. The declines are large here because short-term investors have shied away from real estate after getting burned when the market t...
Original article link
Subscribe to Housing Bubble Blog