- Blog Archive: May, 2008

- Blog Archive: May, 2008 Close

May 2008

There are 5 blog entries for May 2008.

The Greenville South Carolina Real Estate market continues to outperform the majority of the rest of the United States. Prices for homes sold for the first 5 months of 2008 are almost 5% higher than the same period in 2007. There are currently 5,939 single family homes for sale in our Greenville MLS. Below is a recap of activity through May 30, 2008.

Greenville Real Estate Activity
  2008 2007
Homes Sold 3000 3631
Avg. Price 186,360 178,611
Days on Mkt. 99 87

Mortgage rates are still at

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Greenville South Carolina is rated as the number 4 place to live in the entire United States based on findings from Relocate America's research. City's are measured based on housing, local economy, environment, crime and education. Greenville's high ranking is attributed to friendly citizens, nearby mountains, affordable housing, quality of life and the vast amount of entertainment offerings.

All these things plus much more is what makes Greenville a special place to live. If you are considering a move to our area, please contact me and let's get started finding your new home here.

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The interest rate information below is based on information obtained from various mortgage companies in the Greenville area.  These rates are based on the buyer have good credit. These are for information only and not to be construed as a quote.

  • 30 Year Fixed - 5.75%
  • 15 Year Fixed - 5.25%

Are you considering purchasing a home in the Greenville area? Please contact me and let's work together to find the home of your dreams.

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Home inspections are a MUST for all home purchasers not only in the Greenville South Carolina area but all across the country. The following are some of the reasons I have heard clients say they didn't need a home inspection.

  • It's a brand new house and the builder is offering a warranty. The truth is the builder will normally offer a 1 year complete warranty and mandated to offer an 8 year structural warranty.  Many of the items found in a home inspection may not be apparent in the first year and would not be classified as structural so you would have to make repairs and YOUR expense.  Trust me, I sell a lot of new homes and the home inspectors find as much or more with new homes as they do with existing homes.
  • The builder tells you..The
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Most of my relocation clients moving here are quite familiar with the markets they are moving to Greenville from. Many of them are surprised to find out that the real estate market here is still quite stable and is in better shape than most of the rest of the United States.

The following information was provided by the Greater Greenville Association of Realtors MLS activity from January 2008 through April 2008. There are currently 5,791 active listings for single family homes in the Greenville area with 1,425 of these being new/never lived in homes. The average price of the total number of actives is $276,274.

YTD Comparisons 2008 vs. 2007
  2008 2007

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