Carriage Properties in the Wall Street Journal

Here at Carriage Properties, we look forward to the Mansion section of the Wall Street Journal every Friday. The section outlines trends in luxury real estate and showcases some of the most beautiful properties listed across the globe. Imagine our pleasure, then, when Charleston’s luxury market received two pages of coverage in the paper’s December 18th edition, and our own Charles Sullivan was quoted as an expert in the story.

The focus of the piece is on the increasing number of young entrepreneurs and tech workers moving to Charleston to take advantage of the great quality of life our city offers. 12 non-stop flights to New York City a day – and other major Northeast markets – make commuting for those who work independently a breeze. The result? A run on homes in Charleston’s luxury market, which means an increasing number of unrenovated properties are going under contract.

Says our own Chuck Sullivan:

“The increase in the number of unrenovated sales is simply a factor of lack of inventory. We may even see a slowdown in transactions in the next six months. But I think that’s just because we don’t have anything left to sell.”

Click here to read the full story, or here to peruse some of the best properties currently listed with Carriage Properties.

We’ve also included some images from the story, below, which feature our clients Todd and Peggy Watkins’ recent renovation of a historic Charleston single on Tradd Street – one of the best renovations we’ve seen in Charleston.

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