Tuesday, November 20, 2007

USA Today Profiles Greenville, SC Real Estate Market

This article on USA Today online profiles the current Greenville real estate market which stands in stark contrast to the rest of the state and nation.

When you look at the numbers, we have a lot to be thankful for here in Greenville. Home sales and prices were up 1% in Greenville, while statewide sales are down 9% and prices remained flat. The article states there is a seven month supply of homes on the market compared to an eleven month supply nationwide.

Depending on your situation, it really is a great time to buy or sell right now in our market. If you need to sell and are willing to price your home correctly and stage it properly, there are plenty of buyers out there. If you are in the market to purchase a home now, the interest rates are still quite attractive and there is plenty of inventory to choose from.

Don't let the national media-driven gloom and doom reporting distort what is actually going on in our local market. We are very fortunate.

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