The following text was taken from the audio of a Facebook live post on 10/28/22.

Happy Friday, friends. Once again, I get to come to you with a market update, and then we're going to show off... I say we because I've got a couple of team members inside. We're going to show off this property that Rembrey Construction is doing.

Rembrey Construction, they are a builder that has come out of Greenville. They have hired me to find them property, vacant land, and they are building. This is a spec home. I just dropped the sign off today. We are going to start marketing this. It is, essentially, located in North Charleston. You can be into downtown Charleston without a lot of traffic. Early in the morning, you're looking at probably about a 20 minute drive. In eight o'clock traffic, you may be looking at it closer to a 30 minute drive. People love this neighborhood because it's quaint and it's tucked back in. It has water access for its neighbors, so there's a nice big pier that people can go and fish off of. You can kayak out there. The neighborhood has kayaks.

It's just a neat quaint area. The first time I got introduced to The Refuge at White Hall was actually a Air Force friend of mine. He was a pilot, and he had to live close proximity to the Air Force base. This is the neighborhood for you. It is across the street from Coosaw Creek, which is a gated community, golf course community. Just there earlier this week and kind of highlighted some about Coosaw. But here's the thing about the Refuge at White Hall is same kind of quality of construction estate style homes, but you're not paying the heavy expenses for being in a gated country club community. Very relatively low HOA fees in fact. So we'll show off this house in a minute.

Let me tell you about the market for a moment. Because whether you own property, if you're looking to buy or sell, if you own property, you need to know what's happening in our real estate market. My task is to be your local expert advisor on what that is. We had about 237 sales, residential sales in our MLS. Guys that is flat with what we've seen in the last several weeks but it is lower than the last two years. We're posting 2018, 2019 numbers for sales. Guys, when we were in 2018, 2019 those were historical numbers for that season that year. And so we're doing quite well with ourselves even though interest rates have gone up, buyers are finally able to find a property that meets their needs and wants. We're in a healthy way of doing business again and I welcome it because in 20 years of being in business, we like to negotiate.

We also like to win for our clients. And so we are finally finding a common balanced market where buyers and sellers are able to both win in a transaction and that's what we are seeking each and every time. All right, so it's still a healthy market. Unemployment rates are down. Stock market improved a little bit this week, which was nice to see. I like to be diversified in my investments. However, until unemployment rates rise a little bit, the federal government's not going to be happy. So we're still going to see some increases in interest rates to try to control this inflation. But that's all happening out there in the wild world of real estate. Let's take a peek inside and I do have a couple of my friends here with me and team members. Allison and Kimmy are both going to be inside deep porch. This neighborhood has certain requirements and the quality of construction again is very high in the Refuge. Until next time!