June 22nd, 2011 8:20 PM by Jodie Ford
We get asked all the
time, is it better to rent or buy?
Well…..that depends in some cases….but with the current Charleston AFB real
estate market; it often makes more sense to buy! Let me explain why.
As you know, cost is
largely based on supply and demand.
Right now, the demand for rental properties in the Charleston
AFB area is huge! Many homeowners,
who were forced to short sale or foreclose, are now unable to buy…..so we have
an influx of ‘new’ renters fighting over a rapidly decreasing supply of rental
Think back to your economics
class, and you’ll remember that when supply goes down and demand goes up…..PRICES
GO UP! And this is what is happening
with rental prices in the Charleston AFB
If you’re able to buy, then now is a GREAT time to do so! Right now, you can take advantage of
tremendously low home prices, PLUS get a mortgage at a historically low
On the other hand, the
cost to rent is on the rise, and shows no signs of slowing down…..
About Military Homes of
Homes of Charleston is part of the Exit
Realty Charleston Group and is a full-service real estate team based in Charleston, SC.
We understand the appeal of living in Charleston
and the challenges that come with moving to a new neighborhood or state. So
whether you’re looking to buy a dream property or sell one, we can help.
Torri Jacobsen, Military
Homes of Charleston
or selling a home doesn’t have to be hard, but choosing the right Realtor DOES
make a difference. I specialize in making first-time home buying a great
experience for military families moving to the Charleston, SC
area. Call (843-475-9313) or email today, and let’s make this your best move
yet! You’ll feel right at home with me.
Email Torri or
Visit Me On
Jodie Hurt, Military Homes of Charleston
I specialize in helping
military families enjoy a smooth PCS in and out of Charleston. I have a passion for helping
people, and I love what I do. Call me and let me make this the easiest PCS
yet! Email Jodie
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