Infomration about the Greenville SC real estate market.  Statistics about homes sold, listed, days on market, analysis of the market for buyers, sellers and investors of real estate in Greenville SC.

new constructionConsidering a new build? New construction can be a great option for a lot of buyers. There’s a lot to be said for being able to customize features and buy a new home with warranties in place. It can allow you to sell an existing home without having to put yourself in a contingent-offer situation, buy you the time needed to relocate, or help you to avoid a multiple offer situation and the stress that can come with trying to secure a contract in our competitive Greenville market.

The process seems simple enough: tour a few neighborhoods, talk to the on-site agent, pick a floorplan and a lot, make your deposit, and the build begins. There are no sellers to deal with, no inspection period with repairs to consider, and no drawn-out negotiations. So why…

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Learn About Seasonality in Greenville, SC, Housing Sales

Greenville, SC, has seen a rise in housing prices and demand over the past few years. Whether you're planning to buy a home or sell a home in or near Greenville, timing is everything. Seasonality plays a big role in how long it will take your home to sell, how much it will sell for and how long the transaction will take to process. Read on to learn more about seasonality in the Greenville housing market.

When Most Housing Sales Take Place in Greenville

Most housing sales in Greenville occur during the summer months of the year, between June and September. This is consistent with peak housing sales in other parts of the South. When looking at the trend lines for when housing transactions…

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Covid-19 Has Dramatically Changed the Greenville Real Estate Market

If you are buying or selling real estate in Greenville, South Carolina, it's important to be aware of the impact that COVID-19 has had on the real estate markets. As with everywhere else in the country, the economy in the Greenville area has slowed down during the pandemic, which has led to decreases in real estate values. 

However, the markets are beginning to rebound as the re-opening begins, but progress could be impeded by another round of shutdowns. Here's what you need to know about the effects of COVID-19 on the real estate market:

1. Job Losses Are Common During the Pandemic

Job losses have caused many potential home buyers to suffer severe economic hardship, which has…

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Greenville is one of those small towns with that big city atmosphere. The town offers everyone plenty of action. Whether going out for the nightlife or seeking a popular dining establishment, those who come to visit can find an assortment of things to do.

 

1. The Heart of Downtown



People love to walk through the downtown district during the day and night. They enjoy the large sidewalks and popular restaurants for outdoor dining. Greenville is a friendly area to associate with visitors and residents. Plenty of shopping opportunities are available for those who prefer to purchase items to take home. Downtown Greenville is buzzing with patrons until late at night.

 

2. A Strong Economy Offering Excellent Employment Opportunity



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You can qualify as a first-time homebuyer even if you have owned a home before. This means you may qualify for first-time homebuyer benefits and loans if you haven’t owned your principal residence for the last three years or more. These benefits include low or no down payment FHA loans, VA loans, USDA Loans, renovation loans and other programs for first-time homebuyers. According to the National Association of Realtors, the average age for first-time homebuyers is 32 years. 

 

Real Estate Is a Good Investment



If you have the income and time to become a homeowner, you will have a good investment for your future. Buying a home is usually the biggest investment a person makes in his or her life. This is why you need a plan to enter the…

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Maintaining excellent curb appeal year-round can be a difficult task. That's why it's crucial that you learn a few tips you can use to turn dreary landscaping into a masterpiece. Today, we're going to look at seven excellent ideas that you can use to maintain an excellent looking yard throughout the entire year. 

Lay Winter Plants

Throughout the winter months, it can be a struggle to find plants appropriate for the change in weather. However, there are a wide variety of plants that thrive in winter conditions. A few exquisite plants that you may look to consider include:

  • Holly

  • Winterberries

  • Winter Honeysuckle

  • Primrose

  • Blue Spruce

Each of these plants and flowers are excellent options for your…

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Local governments instituted eminent domain, which is the practice of converting private property into public land in exchange for fair market compensation, as a way to add necessary infrastructure to growing towns. During the past century, the use of eminent domain has often caused rifts in the communities in which it has been employed. In South Carolina specifically, the addition of highways, airports, and service roads has uprooted homeowners whose families had often occupied the land for decades.

These seized properties are usually located close to the center of downtown or between urban hubs. Relative urban density is also often a predictor of which homes may be subject to eminent domain. A row of single-family homes located near a zoning district…

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8 Things to Consider Before Renting to Tenants

There are great reasons for renting an apartment that is above the garage of your home to earn extra cash, or alternatively, you might want to take an extended vacation abroad while renting your entire home to tenants. If you want to make money from your Greenville home, then there are several things that you should do first.

Check Your Local Zoning Regulations

Before you rent a room or an entire home, you must check the local zoning regulations. You may need a permit to rent to tenants, and in some cases, an inspection of your property is required first. Failing to follow these guidelines can lead to financial fines or other penalties.

Check Your Tax Situation

When you are renting a home or a…

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Selling your home, whether on your own or with a realtor, will take some work. However, if you can start early and do it in small chunks of time, you'll find you can market your home successfully, only move the items you want and get moving with a minimum of stress.

Repairs

Review your home with a critical eye for easy fixes. Walk around the inside of your home and seek out damaged trim, tired wall paint and loose tiles. Do the same outside your home, looking for torn or loose screens, missing or aged weather stripping, or dried out caulking.

Cleaning

If you choose to repaint, clean carefully along each wall as you work. Something as simple as washing outlet covers in a bowl of warm soapy water before reinstalling can brighten your…

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A housing bubble, or real estate bubble, is an unsustainable increase in housing prices powered by speculation, heightened demand, and "irrational exuberance."

A housing bubble, like other kinds of economic bubbles, often occurs in the context of predatory lending, poorly thought out mortgages, and lowered interest rates with the Federal Reserve. This very constellation of factors came together to fuel the 2008 Subprime mortgage; subprime mortgages were named such because they were mortgages of lower quality.

What's worse, these subprime mortgages were secured by the big banks leading up to the 2008 housing market collapse. The fact that what otherwise would have been decentralized assets - housing markets are traditionally thought to be…

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