April is here with pollen and warmer temperatures! The local farmers markets will be opening again soon. The Sea Island Market at Charleston Collegiate on Johns Island and the Goose Creek Market at 519 N Goose Creek Blvd are open every Saturday. Also, every Saturday in April there will be an acting workshop at the Cultural Arts Center in W Ashley. Don’t miss yoga at Firefly Distillery in Park Circle every Saturday morning at 11am with food trucks and live entertainment. Activities are starting to pick up again. Here is your April schedule of events:
28-2: N Charleston Arts Festival
The Charleston real estate market has taken a turn towards the insane! We went from a steep seller’s market to the craziest seller’s market we have ever seen. This is true of most places in the US right now. Inventory has dropped to levels that no one could have imagined. Demand remains extremely high due to the exceptionally low mortgage interest rates. So, a large portion of sellers are getting multiple offers within the first week of listing and many homes are selling for more than list price. They’re also selling for more than they can appraise for, but the buyers are often making up the difference. However, the drawback to this is that many sellers do not feel confident that they can find a replacement home. So, many are not selling. They’d love to at these prices, but they don’t want to face the other side of the equation and become a buyer. One possible option is to rent after selling and hope for a downturn. Some people are trying to buy new construction or buy an RV and travel around the country!
This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.


