Savannah, South's "Hostess City" Employment, Housing Sales Up
- A "small town" city with European sophistication, Savannah is reporting more jobs and greater home sales, largely due to its reputation as the "Hostess of the South."
"For most Savannah locations, the real estate market has been very strong due to the sustained low interest mortgage rates. Average days on market for listed property is approximately five months, with two exceptions: (1) Wilmington Island homes continue to be a "hot market," with most homes under contract within 30 days, and (2) Homes priced under $100,000 are also selling very quickly. New construction remains strong...
