According to this article, Smart Money has ranked Charleston as one of the top 5 markets for 2010. They based it on several factors. Two of the factors included areas with a limited supply of housing stock and another was based on prices staying in sync with household income. Other factors that helped Charleston fall in the top 5 include the arrival of Boeing and that it is a coastal community attracting second home and investment buyers.
This article backs up other articles predicting Charleston to be one of the first markets to recover. This is of course good news for those of us who are Charlestonian’s and attractive for those looking to buy or sell in this area.