4 Factors That Affect the Trending Prices in Greenville, SC, Housing Market

Greenville, South Carolina, is a blossoming state full of prime land and real estate opportunities for investors. As a homeowner or buyer, learning the current trending prices within the community can give you an edge over competitors or can give you some insight into when to invest in the market. 

The real estate market in Greenville is the third-largest in all of South Carolina and has a local population of 523,542 people as of 2019. Therefore, here are four factors that influence the real estate market in Greenville, SC.

1. Zip Codes

Greenville remains an ever-growing locale of wealth within South Carolina and its region. Like many properties, your home's zip code…

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Latest Trends in the Real Estate Impacting Growth of the Sector

Real estate is dynamic with new trends emerging each year. The year 2020 has seen buyers’ preferences evolve with millennials (people born between 1981 and 1996) soaring in the list of new homeowners. This is just one of the latest trends in the real estate market.

The Rise of Millennials

Millennials are becoming a dominant force in the real estate market and represent the largest group of new homeowners at 37% according to the National Association of Realtors. The online business has brought about a large population of high-net-worth millennials. They managed to rise above the last major recession of 2008 and made a significant impact on the market. 

Millennials have outnumbered…

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5 Things to Do 6 Months Before Buying Your New Home

Buying a home is often stressful. There are so many things to do and get ready before you even apply for a loan. There are a few things to start six months in advance. These steps help relieve some stress and get you ready for that new home.

1. Check Your Credit

One of the first things you should do is check your credit. You can pull your free credit report once a year from the credit bureaus. Make sure to pull all three reports. Some credit cards, auto loans, and other credit companies will only report to one or two of the bureaus. Pulling all three reports gives you everything you need. You should also pull your credit scores. You will have plenty of time to fix errors before you start the…

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5 Ways Homebuyers Can Avoid Buyer’s Remorse

Home Buyers remorse is the last thing you want when purchasing a home. Read below to find out more on how to avoid this so that you can enjoy your home.

1. Get Inspections

Before you purchase a home, you may need to complete several inspections. 

The first inspection you should consider is a chimney inspection. Getting a chimney inspection will make sure that there aren't any byproducts of old firewood left in your chimney. What was left over may combust in your home and potentially start a chimney fire. A chimney inspection typically costs between $300 and $400.

You may also want to consider getting an electrical inspection completed. Improper usage of electrical equipment is one of the leading…

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Buying a Home: Top 4 Things You Should Do

Buying a home is among the most significant purchases most people make in their lives. Although it can be exciting, it can trigger uncertainty. For this reason, many first-time homebuyers may overlook some critical factors that may later cost them and bring about regrets.

Do Your Research

When it comes to buying a home, there is nothing like too much research. You need to make sure your property decision is logical and well-researched. Also, detach your emotions from the process and avoid rushing through the process. Know the exact amount you can afford for all your home payments. Shop for mortgage partners like you would for shoes, and familiarize yourself with the hidden costs. Don’t shy away from…

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4 Tips to Save Your Way to a Down Payment for Your First Home

Owning a home has always been part and parcel of living the American dream, and making a sizable down payment can cut the long-term interest expenses of your mortgage dramatically. It might be overwhelming to think about where you're going to come up with the money for that down payment, but we've compiled four highly effective tips to help you achieve the goal of purchasing your first home.

Tip #1: Watch Your Shopping Habits

It's one thing to set aside money for the electricity bill every month and count that among your expenses, but it's another to take out a bunch of credit cards and go into debt for a new pair of shoes or a wardrobe upgrade that you just don't need. Do you know why…

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How to Research a Neighborhood Before You Buy or Rent

Everyone is looking for something different in a neighborhood. Some people enjoy socializing with their neighbors, and others prefer a more introverted atmosphere. To find the right neighborhood for you, first write down what your ideal neighborhood is like, then follow these five critical tips for researching neighborhoods.

1. Check School Ratings

Even if you don't plan on having children, positive school ratings are a sign of a good neighborhood. School ratings also influence your home's value. Neighborhoods in highly rated school districts are often safer than those in poorly rated school districts.

Check a school's ratings on numerous sites and pay attention to test scores, student…

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How to Craft a Competitive Home Purchase Offer

If you are looking to buy a home, it is critical that you understand how to make purchase offers that sellers will take seriously. It isn't uncommon for sellers to simply disregard any offers that they don't like without making an attempt to counter. Let's take a look at how you can make competitive offers on homes that you want to buy. 

Offer to Pay in Cash

By making a cash offer, it may be possible to close on a home sale within hours or days of your proposal being accepted. This is because there will be no need to apply for a mortgage and go through the steps related to obtaining financing. Furthermore, since you already have the money to buy the home, the seller can feel more confident that the…

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4 Reasons Why You Need a Home Inspection

Home inspections have become a common part of purchasing a home. You may be wondering whether or not you should get a home inspection; we're here to explain why you need one. A home inspection will help you to avoid problems and ensure that you get a fair deal on it.

1. Avoid a Lemon

A lemon, in this context, refers to a home that looks nice at first but will leave a sour taste in your mouth if you decide to bite into it. This means that you might not notice the problems or issues with the home before you purchase it. Once you live in it, however, you'll start to notice some serious problems.

If you want to avoid a lemon, then you should get a home inspection to find out if there are any overlooked…

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Why You Need a Radon Inspection When Buying a Home

Radon is a naturally occurring, radioactive element. It comes from the breakdown of uranium in the soil. Some areas of the United States have high levels of radon. About one in 15 homes has high radon levels, and the one you want to purchase could be it. Read on to learn why you should get a radon inspection when buying a home.

Understand the Health Effects of Radon Exposure

If you're like a typical American, you spend about 90% of your time indoors. Most of that time is spent where you live. Radon is a radioactive gas that causes damage to human cells. It's the second-leading cause of lung cancer in the United States. Among people who don't smoke, it's the leading cause of lung cancer. If you do…

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