Why Greenville's Home Sellers Are Getting Their Asking Prices

Greenville is a star on the rise. If you're a home seller in Greenville, South Carolina, you're probably on your way to getting the most out of your property. Why? According to a recent report published by Realtor.com, home sellers in Greenville are getting their asking prices and more! The study gathered the results of almost 600,000 home sales and found that Greenville is quickly becoming one of the hottest real estate markets in America.

Top Reasons Buyers Are Choosing Greenville, SC

Greenville, SC, houses for sale are an excellent investment for any buyer. Greenville has made significant attempts to revitalize its downtown area to attract new businesses and growth. The advancement…

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The Real Estate Market in Greenville

Greenville is a city in Greenville County, South Carolina, United States. The sixth-largest city in the county, it is located between Georgia, Atlanta, North Carolina, and Charlotte. With over 525,000 residents in the metropolitan region, Greenville has a versatile economy. This fuels the demand for rental property and raises the appeal of real estate in the area.

Greenville is now experiencing a seller's market, which is predicted to last until the year comes to an end. Some of the aspects that make Greenville appealing to home buyers include enough working space for remote workers, a higher standard of living, and lower taxes.

Greenville’s Real Estate Potential

According to local real estate gurus,…

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Why Greenville's Millennials Spark the Interest of Rental Property Investors

The "Millennial" generation is the largest in U.S. history. Born between 1980 and 2000, Millennials are now entering adulthood and the workforce. As a group, Millennials are primarily renters rather than homeowners. They want to live in urban areas. And for these reasons, there is ample opportunity for investors.

Greenville Millennial Renters - The Numbers

The City of Greenville is the largest in South Carolina, and it witnessed a population boom between 2010 and 2021.

According to the U.S. Census Bureau, the number of Millennials living in Greenville, SC, has increased by 25% over the past seven years. The number is expected to grow over the next five years. The…

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Factors Fueling Greenville’s Growth

Greenville is fast becoming a magnet for real investors as everyone is rushing for a piece of the cake. Rentals have posed a significant threat to resales, particularly in Downtown Greenville, where new properties are quickly leased. Greenville has a relatively lower cost of living, a solid employment market, a pleasant market as well as an unrivaled overall quality of life. It is popular among residents because it combines a small-town Southern appeal with the big city glamour.

Greenville is roughly halfway between Georgia, Atlanta, and Charlotte, North Carolina. It is the sixth biggest city in the state, with approximately 525,000 people. It has a versatile economy, which helps to maintain the real estate and…

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4 Signs That Greenville's Economy Is Strong

There are signs that Greenville's economy is strengthening, according to unemployment data released by the federal Bureau of Labor Statistics. The data shows that Greenville's unemployment level was 4.6% in February 2021, compared to the U.S. average of 6.2%. This data indicates that Greenville is recovering faster than the national economy. There are several factors credited for this rapid recovery in Greenville.

1. Small Population

Greenville is a relatively small city, so it was easier to enforce the lockdown measures than in larger cities. Second, the local government was proactive in providing financial assistance and other support to businesses during the pandemic.

2. Jobs

Greenville's…

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Multifamily Units Ease Pressure on Greenville's Housing Market

Greenville is one of the fastest-growing communities in South Carolina. With a population that has increased by more than 60% since 2010, it's no wonder why developers and investors are looking for ways to provide housing options to meet the demand. Increasing the number of rental units helps maintain enough housing in Greenville for those who cannot afford to buy a home. Here is how multifamily units ease pressure on Greenville's housing market.

1. Lowers the Price of Housing

Renting an apartment is more affordable than purchasing a house. Greenville has one of the highest rental rates in South Carolina, according to RentRange. Although prices have been declining from their peak of…

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How to Buy or Sell a House in Greenville, SC

The Greenville area in South Carolina boasts an affordable housing market and is ideal for investing in real estate. Greenville is also home to big manufacturing companies, increasing the region's value. The area consists of 23 neighborhoods with unique residents, meaning you will find that Greenville has something to offer everyone. 

Before you purchase the home of your dreams or think about selling your own house, there are several things to consider. Below is a guide to how to go about your business in Greenville, South Carolina.

Buying a House

The economic growth of Greenville has increased prices in the area. The number of buyers looking into venturing into Greenville is more than individuals…

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4 Community Projects That Have Benefitted Real Estate in Greenville, SC

The real estate market in Greenville, SC, has been thriving. With a population of around 67,000 people, the city continues to grow and attract citizens worldwide. This is because many community projects have benefited real estate investors in this area. Here are just four examples.

1. Improved Accessibility

The county approved an updated development plan for downtown Greenville that included adding sidewalks and bike lanes to promote biking transportation within the city limits. This has made downtown Greenville very friendly for pedestrians and attractive to young professionals, an important demographic for real estate investors.

2. Increased Restaurant and Retail…

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What Are 3 Important Things Home Sellers Need in an Agent?

If you're a house seller in the market for an agent, you may be wondering what qualities you need to look for in an agent. In this post, we'll go over three things that experts say sellers need in an agent: experience with the neighborhood, fast response time, and skills in a seller's market.

Some agents specialize in certain areas of the real estate industry, such as new construction or military homes. Other agents focus on specific price ranges or home types like waterfront properties. It's crucial to find an agent who has the skills needed for your type of property and location.

Experience With the Neighborhood

Knowing the neighborhood and how to market your home in it is a skill…

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About the Different Types of Mortgages

As a potential homeowner, it's just as important to study mortgage options to research the areas in which you want to reside. Applying for a house loan may be complex, and determining the kind of mortgage that best fits your requirements early on can assist you in determining the type of property you can afford. The following are the types of mortgages available.

Mortgages Conventional

A conventional loan follows a set of criteria and is funded by private lenders. In terms of loan types, conventional mortgages are by far the most common. This kind of loan is more common because they don't have the same rigorous criteria regarding income, property type, and location as other loans.

Loans From the Veterans…

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