The Blog

Carolina Centers, Charleston, North Carolina, South Carolina, commercial real estate, Oklahoma, Florida, Georgia, Tennessee, Pennsylvania, North Dakota, Texas

Low inventory of homes across the country is driving buyers to less-expensive markets in smaller cities, according to a new report for realtor.com.

Two of the top 10 hot housing markets next year are in South Carolina.

Columbia ranks No. 5 while Charleston-North Charleston comes in at No. 9 on the real estate website’s 2020 housing forecast.

Six of the top 10 are in the South while Boise, Idaho, grabbed the top spot, jumping from No. 8 last year.

Realtor.com said people are moving, in general, away from expensive coastal cities to more affordable inland areas.

The top 10 markets are fueled by strong local economies, job creation and available inventory at entry-level price points. Charleston’s market has been overpriced for some time with real estate leaders constantly emphasizing the lack of houses available for first-time homebuyers.

Click Here For Full Article