- Blog Archive: October, 2007

- Blog Archive: October, 2007 Close

October 2007

There are 4 blog entries for October 2007.

Every time you turn on the news you hear more gloom and doom about the housing market.  Usually they refer to the "national" market and trends which makes as much sense as having a national weather forecast.  Real estate market conditions vary greatly from state to state and city to city.

The South Carolina Association of Realtors' recently released numbers for the first 3 quarters of 2007. These are from the 5 major real estate areas for the state.

  Sales Change from 06 Median Price Change from 06
Charleston 9,219 -17.7% $211,000 1.50%
Columbia 8,349 -0.30 $145,000 3.90
GREENVILLE 7,369 0.90% $149,000 0.90
Hilton Head 1,879 -5.48 $356,000 -5.57%
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Now that we are in the last quarter of 2007, I thought it would be good for home buyers to have a look at some statistics about the Greenville South Carolina real estate market. This year has been a bit of a roller coaster ride with business starting the year off slowly and really picking up during the summer and currently is a little soft. Much of the current market condtion is directly tied to the fact the clients looking to relocate here are having problems selling their current homes in other states.

Through October 9th, there have been a total of 7,231 homes sold in the Greater Greenville SC area for an average price of $188,486.  On average these homes were on the market for 83 days and sold for 97% of list price. Over 60% of these home sales were

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On September 29th, The Upcountry Museum opened in downtown Greenville, South Carolina. Our region's cultural, economic and social stories will be shown by using manual and touch-screen computer interactives, oral history, artifacts and motion activated exhibition elements. The focus of the museum will be from the early 1700s to the present.

The Time Travel program is being offered for the local schools to take advantage of.  The material covered in this program is based on the South Carolina state social study standards for students in grades 3-5 and 8.

The museum is located in the Heritage Green area of downtown Greenville along with The Children's Museum, Greenville County Art Museum, Bob Jones University satellite art gallery and the Greenville

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Furman University broke ground last week on The Woodlands which will be a 144 unit apartment style facility for seniors ages 62 and older.  The Greenville Journal reports that 95 of the units have already been sold. The 22 acre development will include such things as an arts and crafts studio, a barbershop and beauty salon.  In addition residents will have access to on site assisted living, memory support and skilled nursing.

Furman President David Shi says the impetus for the project is that there simply aren't enough places for retirees to live in the Greenville area. Residents will be able to take advantage of the Furman University Living in Retirement Program which provides continuing education for seniors.  A spokesman for the university states

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