There are as everyone knows 50 states in the United States of America and as international buyers find the idea of investing their money in real estate here intriguing I find it necessary to let them in on why Charleston South Carolina should be at the top of their list.
One of the World’s (if not the best) most respected well known magazines, Travel & Leisure and foremost leaders in holiday / vacation and tourism ranks Charleston SC as #1 City in the United States, and by my counts that makes a total of 6 times almost in a row by either T&L or the other one Conde Naste each of the last 8 years. Charleston SC has also been the number one city in the World twice by one or both of those highly regarded publications.
Now that I have your attention it is time to talk about real estate investing. Sure there are plenty of great places to buy and invest in properties in the United States:
|North Carolina||Georgia||Florida||California||New York|
|Delaware||Oregon||Louisiana||North Dakota||New Hampshire|
|Montana||West Virginia||Michigan||South Dakota||Tennessee|
I am a real estate broker in Charleston SC so it’s my goal to help you see that none of the other 49 states can offer what Charleston South Carolina can. Charleston has been recognized and highly ranked in various other categories by countless other publications so the appeal and potential for investment growth has its merits. Charleston SC average homes values are $50,000 more than the national average in the rest of the United States. You as an international buyer may not have even heard of Charleston SC, but trust me most Americans have. When you’re voted #1 & #2 best city in the world multiple times by the two most respected travel magazines chances are there are millions of other international buyers who have been here or know about it. If you’re a developer and building new homes, and new construction neighborhoods is your business model South Carolina has a lot of undeveloped land, and lots for sale in Charleston SC for spec home builders is a good way for smaller investors to begin.
In 2016 Forbes Magazine article noted Charleston South Carolina one of the top 10 hottest real estate markets in the entire United States. Trulia Housing Economist Ralph McLaughlin to other factors into account when deciding at which home markets interested him most. He looked at five metrics: strong job growth over the past year, low vacancy rates, high affordability, more inbound home searches than outbound, and a large share of millennials. He found the following markets to be poised for higher activity, and also good places to look to move:
- Grand Rapids, MI-WY
- Charleston, SC
- Austin, TX
- Baton Rouge,LA
- San Antonio, TX
- Colorado Springs, CO
- Columbia, SC
- Riverside–San Bernardino, CA
- Las Vegas, NV
- Tacoma, WA
REGIONS ACCORDING TO NAR (national assoc. Realtors)
Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont
Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, North Dakota, Nebraska, South Dakota, Wisconsin
Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia
Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming