WTOC Investigates: Cold Coastal Housing Market

Unlike many cities in the U.S., where homes are selling within days of being listed, the housing market along the coast seems to be just the opposite. Getting the property back to normal after two hurricanes has been costly, but she says she’s not willing to spend more money on the house just to try to satisfy buyers.

"I see houses everywhere for sale,” said Chatham County homeowner, Edwina Scarboro. Scarboro put their house on the market three years ago. "

“There were very few waterfront properties for sale and I thought, you know, we had a good shot but since Matthew, there’s a lot for sale.”

Getting the property back to normal after two hurricanes has been costly, but she says she’s not willing to spend more money on the house just to try to satisfy buyers.

"Somebody said that the house was too small,” Scarboro said.

She’s now accepting the reality that she is selling a lot that happens to have a home on it.

“There’s always room to improve and build and extend or redo,” Scarboro said.

Read full article . . .