(Part 2 of a Multi Part Blog Series on Investing in real estate in Charleston SC)
Well, the real estate in Charleston SC has been quite the picture show since I have been involved. I remember being a young buck. The year was 1995. Fresh out of college. I was ready to embark on a new career. The future; bright, shiny, full of wonder. Investing my time in this new career in real estate in Charleston SC was an exciting prospect for me at the time.
But looking back, getting a license to sell real estate in Charleston SC might as well have been a license to get married, or go just fishing. I really did not know what I was doing. I just knew I liked meeting people, I love being creative, I have a passion for marketing and selling homes was a good way to go.
One thing I was certain of. The sky was the limit to my potential.
Then came the implementation part. Getting a computer. Logging into Windows 95. Making sure my beeper worked. Learning how to use a fax machine. Conquering Windows 98. Selling real estate was a constant barrage of new mountains to climb. And while I was climbing those mountains, in retrospect, the market values were climbing too. But I really did not take notice. I just kept meeting people interested in me helping them.
But was the sky really the limit?
If we are talking home values, some would say in the mid 2000’s that there was no limit. I remember worrying about first time buyers and their ability to every buy a home because costs rose so much. Some days I just did not have the time to really think about it.
By 2008 we all knew that there was a limit to the skyrocketed values, but that really does not matter today. Nope. It makes no difference at all whatsoever. What matters today is that we know where we are, and we remember where we have been. What matters today is that we take notice of where we can go. The future is very bright.
So lets recap. We had a steady rise from 1980 to 2002. Increases every year. Normal rises. People were happy. Then a period of super activity from 2003 to 2006. Prices skyrocketed. Flipping homes happened daily. Money was made. Hand over fist money, and lots of it. Everyone sold real estate.
Then the correction. The burst. The bubble. Ugh!!!
But lets not dwell on the negative.
While I had no clue what was happening when I first got started selling, it is all very, very clear to me now.
Today there is great potential in investing in the real estate. In fact, I wrote a blog about planting seeds now, to take advantage of the low, lows, and the expected future. (Here is the link)
So what is my point to all of this?
Well, I have learned a lot so far in may career and continue to learn new things every day. I have helped many people make quite a bit of money and am proud to say, I continue to help people plan for their future, and for their kids. I have several clients with investments in Charleston SC and have developed an affinity to helping make sense of it all.
I am glad to help people sock away for the future too (it is really not as hard or scary as one might think).
Thank you Charleston for sticking with me and helping me help you! For those of you I have yet to meet, I am glad to help discuss the most effective way to invest.
Nat Wallen is a Realtor in Charleston SC specializing in residential property sales. He has been licensed since 1995 and is the top listing agent with Carolina One Real Estate. Carolina One Real Estate is the largest company in the Charleston SC area of 700 plus agents. NOTE: Nat Wallen never solicits consumers interacting with his blog unless requested. YOUR comments are encouraged and welcomed. Thanks!