Paul Kelton

foodie | family man | buyer of Property Management Companies | broker of Charleston properties

[Paul Kelton @pk_chs]

Charleston’s multifamily market remains resilient amid economic changes.

[Paul Kelton @pk_chs]

Cap rates are rising, and investors are more selective in multifamily deals.

[Paul Kelton @pk_chs]

Charleston's multifamily market is poised for steady growth in 2024.

[Paul Kelton @pk_chs]

4,400 units are under construction, expanding inventory by 6.2%.

[Paul Kelton @pk_chs]

Multifamily inventory in Charleston has grown 30% since 2020.

[Paul Kelton @pk_chs]

Fewer new construction projects may drive price growth soon.

[Paul Kelton @pk_chs]

Downtown Charleston's rents are nearing $2,500/month, with growth picking up.

[Paul Kelton @pk_chs]

Demand for workforce housing near industrial zones is pushing rents higher.

[Paul Kelton @pk_chs]

Downtown Charleston's luxury developments surge with relaxed height restrictions.

[Paul Kelton @pk_chs]

North Charleston’s industrial zones are boosting demand for workforce housing.

[Paul Kelton @pk_chs]

Prices per unit have stabilized, indicating ongoing demand for quality properties.

[Paul Kelton @pk_chs]

Charleston’s rent growth is rebounding despite the national slowdown.

[Paul Kelton @pk_chs]

Strong spring leasing has eased supply pressure for multifamily operators.

[Paul Kelton @pk_chs]

Rising cap rates are cooling the buying frenzy seen in 2021.

[Paul Kelton @pk_chs]

Fewer construction starts in 2024 indicate a cooling supply pipeline through 2026.

[Paul Kelton @pk_chs]

Flights booked for the NYC Real Estate Expo! Who should I connect with while I’m there?

[Paul Kelton @pk_chs]

Investors are focusing on quality assets with strong return potential.

[Paul Kelton @pk_chs]

Summerville/Goose Creek and Downtown Charleston are key submarkets to watch.

[Paul Kelton @pk_chs]

The construction pipeline has thinned significantly since early 2023.

[Paul Kelton @pk_chs]

Charleston outpaced Charlotte and Raleigh in rent growth despite slowing from 2021 peaks.