August Sales Activity

We have seen some spurts in activity recently both in condominiums at Pier View and homesites at Beekman Point here on the Island.
In the beginning of August, four condominiums at Pier View went under contract. This week, we saw four homesites at Beekman Point go under contract within a period of two days. Only six homesites remain available there.
Now that kids are back in school, we have seen an increase in activity which is typical for this time of year no matter what is happening in the market. In general, people have a more positive attitude about buying than they did last year at this time. Even if buyers are unsure if we will be out of the recession by the end of 2009, they do see the light at the end of the tunnel.
No one wants to hear the negative news anymore it seems which has had a positive effect on sales on Daniel Island.