I start with Charleston because that is the market most of you are buying or selling in. A Mount Pleasant developer just locked 92 acres inside Point Hope for nearly 800 homes, Blackstone sold a Summerville apartment community for $71.5 million, and June closings jumped. After that: Columbia student housing, a Fed week that is keeping mortgage rates sticky, and what Washington wants to do next after the ROAD Act.
Charleston
TBC buys 92 acres in Point Hope for 778 homes
Mount Pleasant developer TBC Development paid $24 million for 92 acres inside Point Hope along the Clements Ferry corridor. The plan is Restore II, a multi-generational mix: Weekley single-family and attached homes, Mungo workforce and 55-plus designs, plus Panther Residential for active-adult apartments, assisted living, and memory care. Point Hope is approved for up to 18,000 homes over decades. This is one phase, not tomorrow's inventory. If you are watching Cainhoy and Berkeley County grow, this is the next concrete signal.
Source: Post and Courier
Blackstone exits Summerville apartments for $71.5 million
American Landmark bought Azure Carnes Crossroads at 900 Conway Circle for $71.5 million, its fifth Charleston-area property. The 295-unit community was built in 2020 and sold by a Blackstone affiliate. Institutional money is still paying for well-located Summerville rentals. Separately, Lakewood Lodge in Hanahan traded for $18.55 million in an off-market, all-cash exchange. Multifamily stays hot even when resale buyers feel pinched.
Source: Post and Courier
June MLS: more closings, median at $460K, still thin inventory
Charleston Area MLS June numbers: 1,920 closed sales, up 13.2% from June 2025. Median sales price hit $460,000, up 7%. New written sales (pendings) rose 16.7%. Inventory sits around 3.4 months, short of a balanced market. New construction was about 22% of closings, and much higher in Berkeley and Dorchester. Translators: demand is real, supply is still the bottleneck, and overpriced listings will sit while correctly priced ones move.
Downtown still sells if you know which peninsula pocket you want
A Post and Courier column makes the obvious-but-useful point: South of Broad at eight figures is one market. The rest of the peninsula is another. Fifteen neighborhoods, different entry points, and a city Homeownership Initiative that still produces subsidized homes for moderate incomes. If downtown is the brief, decide which street culture and parking reality you will live with before you shop milled brick photos.
Source: Post and Courier
South Carolina
825-bed student housing breaks ground near USC
Landmark Properties and Silverpeak are building The Walk on Shop Road in Columbia: 825 beds across 196 townhome-style units on about 22 acres near Williams-Brice. Delivery targets the 2027-28 academic year as USC enrollment sits above 40,000. Not Lowcountry inventory, but it shows where capital is betting on South Carolina's growth corridors: campuses and rentals first.
Source: REBusinessOnline
Forest Acres flips a failed senior site toward ten large lots
Wilson Company wants roughly 30 acres on Sunnyside Drive in Forest Acres rezoned from a stalled assisted-living and memory-care plan to about ten large single-family lots. Floodplain and demand for bigger yards are driving the thinner plan over packing the parcel. Midstate suburbs keep rewriting density when amenity-heavy senior concepts do not pencil.
Source: Post and Courier
Around the market
10-year near 4.60%. Inflation week, hawkish Fed talk.
HousingWire's rate desk has the 10-year yield stuck near 4.60% as Fed voices stay wary on core inflation even with softer oil. Thirty-year mortgage quotes are still hanging in the high-6s on many days. For Charleston buyers that means qualification math has not gotten easier this week, and sellers who need a rate-sensitive buyer should price honestly.
Source: HousingWire
After the ROAD Act: capital gains and rulemaking are next
Congress already passed the 21st Century ROAD to Housing Act. Realtor.com says the next lobbying push is expanding capital-gains exclusions on home sales (the More Homes on the Market Act). Separately, Treasury still has to write the institutional-investor rules that matter for 2027. I covered Lowcountry impacts in the July 11 weekend edition. Short version for today: no overnight price drop, fewer large investors on resale homes later, build-to-rent still open.
Source: Realtor.com News
National
Boomers hold $93 trillion. Heirs may get less than half.
Realtor.com, citing Visa estimates, notes boomers hold about $93 trillion in assets while only about $36 trillion may transfer to Gen X and millennial heirs. Longevity care, taxes, and lifestyle spending eat the gap. Locally that shows up as delayed downsizers who never list, estate sales that need work, and adult children who cannot assume they will inherit an easy down payment.
Source: Realtor.com News
Manufactured housing gets a policy spotlight
HousingWire flags that portions of the new federal package could make manufactured construction cheaper to approve and finance. That matters in outer Dorchester, Berkeley, and Orangeburg counties where stick-built costs keep pushing buyers toward modular and manufactured options. Not a downtown story. It is a rural and edge-market story, and Charleston already has both.
Source: HousingWire
Charleston is still adding planned density on Cainhoy and trading institutional apartments in Summerville. Closings are up and inventory is still thin. Mortgage rates did not give you a gift this week. Price correctly or wait for a buyer who can stretch.
Headlines from public reporting as of publish date. General market commentary, not legal, tax, or investment advice.