Author Archives: Donnie Whitaker

What is a Short Sale?

Here on the Isle of Palms short sales seem to be a popular subject. Many people however are confused by what they actually are. Here is a explanation from Wikepedia. In real estate, a short sale is a sale of … Continue reading

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High End Price Reductions on the Isle of Palms

Inventory rates on the Isle of Palms for the beginning of 2009 remain high and asking prices continue to drop on many of the homes for sell. Here is a list of a few of the high end properties that … Continue reading

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Charleston named in Forbes top 25 real estate markets for 2008

Forbes just released it’s top 25 real estate markets in 2008 and Charleston is one of them. This list is made up of those markets that are considered to be closest to recovery and those markets that they think are … Continue reading

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Wild Dunes and Isle of Palms Real Estate Sales Report

On the Isle of Palms there were four brokerage sales in December, 2008 vs. three last December. Closed brokerage production was $6.7 million vs. 8.7 million last December. Year to date there have been 37 closings for $78.3 million vs. … Continue reading

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Reasons to be optimistic about the housing market

About this time every year for the last three years I have heard the same thing, the housing market will bounce back in the spring. While I don’t think we will wake up the first day of spring to a … Continue reading

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