As a real estate agent here in Charleston and a former transplant, I have learned a lot about this market. One major lesson that I have learned is to buy while the prices are low and sell during the beginning of a run. I owned a little townhouse here in 2000 that I purchased for 92,500. I sold it for $114,000 after one year. If I would have sold it two years ago, however, I could have gotten $200,000 for it.
Investing in a home here is all about the price you pay and the appreciation we have in this area. We are right by the coast and have a thriving economy.