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Mt. Pleasant , SC has experienced some bank owned and foreclosure activity in the real estate market, yet the number of distressed properties remains rather low compared to other parts of the Charleston real estate market. House values reached significant heights in the booming time of 2005 and 2006. Values rose considerably during that time period and when the market shifted from a seller’s market to a buyer’s market, values declined. The high unemployment rate that has occurred in the past years has made foreclosures and bank owned properties appear even more often, however, Mount Pleasant is still considered one of the most desirable locations in the area. The properties featured here are all of the bank owned and foreclosure properties available in Mt. Pleasant, SC.
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