While the number of sold property was down on the Isle of Palms, Wild Dunes, and Sullivan’s Island in March of 2008 vs. March 2007, it appears things may be picking up. I think it is safe to say most listing agents would tell you their showings have seen an increase and most buyers agents would say they are seeing an increase in those interest in whats for sale. Fortunately, we are also getting some positive press by the media for a change.
While spring is upon us and summer right around the corner, it will be interesting to see how things shape out. Is the market great? No, are we seeing signs of better days ahead? Possibly. Just remember, the housing market is a continuous cycle. I guess you could say what goes down must come back up!