How have rising prices affected how much income you receive on your Folly Beach rental investment? Demand is showing that buyers are willing to accept lower rates of returns than in previous years. The ability to work from anywhere, making family memories on the...
Inventory is the key word when breaking down the state of the Folly Beach real estate market. Looking back to 2017, we saw very low levels of available homes for sale, causing a dip in total sales in 2018. Then inventory improved in 2018 and early 2019 bringing us...
2017 will be remembered in the Folly Beach real estate market by shrinking inventory which lead to frustrated buyers and ultimately a seller’s market. The year started fast and was on a record pace, but about mid-way through the year, (maybe because everyone...
Real Estate Sales on Folly Beach remain strong in 2017Through half of 2017, 92 properties have sold, up 15% over 2016. These numbers have been climbing steadily for years now. and when I think back several years ago, that would have been a good number for the whole...
13 properties sold on Folly Beach in September 2014, bringing the total sold year to date to 96. Late summer lookers became more serious about owning on Folly and bought up properties. Buyers that come after the summer season are the ones who truly love living on...
10 properties were sold in August 2014 on Folly Beach, bringing the total sold to 82 for 2014. This is a normal sales pace and accounting for a drop off in the cooler months, should put us at around 100 for the year, which is typical. The average sales price in...