One trend in the recent slip in median home prices is easily seen in Charleston. Luxury real estate prices seem to have been untouched by recent declines, as the few “haves” continue to try outbid one another for choice properties. Beachfront, waterfront, near the college, or near the hotels, luxury real estate across the board in Charleston is the bubble that keeps growing. When will it burst? If the past is any indication of the future, the answer is that it probably won’t.
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on Monday, May 19th, 2008 at 9:39 am and is filed under charleston real estate.
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