The P&C has been just full of encouraging news today: first we saw an article stating that North Charleston home prices remained steady throughout 2008 (unlike most every other area of Charleston region), while the median home price went up 32%; today, it appears that Charleston has been listed by Forbes magazine as one of the 25 Strongest Housing Markets in the nation. According to the data that Forbes received, Charleston can expect to hit bottom in late 2009.  At least we don’t have too long to wait!

The economic forecast also includes Columbia, Augusta, several Texas cities like Austin and El Paso, and a cluster of cities in upstate New York.  Take a look at the full list here.

Filed under: I'On Group, I'On Real Estate on January 26th, 2009