- Blog Archive: August, 2009

- Blog Archive: August, 2009 Close

August 2009

There are 3 blog entries for August 2009.

Interest rates today ticked lower with quotes for 30 year mortgages in the 4.875% range. This is the first time since May that we have seen rates below 5% in our area.

There are a good selection of homes for sale in the Greenville South Carolina area and I would welcome the opportunity to work with you to find your new home here.
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Business Week just released a report about the strongest U.S. housing markets. They based their findings on the share of single-family homes in which values rose in the second quarter compared with the second quarter of 2008.

Greenville came in at number 24 while our sister city, Spartanburg came in at number 2.

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Hard to believe it is already August. School will be starting soon and thank goodness college football will be here in a few weeks. Hope you have enjoyed your summer.

The Greenville SC real estate market is continuing to recover and moving back towards more historic numbers. The average sales prices for homes sold is increases month to month but is being influenced by the large number of first time home buyers that are taking advantage of the $8000 stimulus being offered through the end of November. Below is a brief recap of the real estate activity for July and some year to date numbers.

  • 5855 active single family homes for sale. This number continues to fall each month which is a healthy sign.
  • 463 homes sold in the month of July for an
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