Carolina Luxury Living Blog

National Real Estate Market
"This Month in Real Estate" - JUNE 2017

Knowing the current real estate market conditions can help you decide if you want to list your property or if it is a good time to buy.

This short video from KW® Realty highlights the most recent real estate market conditions in the US as of June 2017.

*Video by KW® Realty.

Contact us at Carolina Luxury Properties to find out more about our local market conditions.

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Greater Greenville Real Estate Market 

MAY 2017

According to the National Association of Home Builders' Remodeling Market Index (RMI) survey for the 1st quarter of 2017, a simple “desire for better/newer amenities” once again ranked as the number one reason customers choose to remodel their homes. But if you are considering remodeling your new home, the third costly mistake new homeowners make in their first year, according to the article: 8 Costly Missteps New Homeowners Make in Their First Year, is making investments without checking the ROI. The answer? "Before you pick up a sledgehammer, check with an agent or appraiser, who usually are happy to share their knowledge about how much moola an improvement will eventually deliver."

Greenville SC

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National Real Estate Market
"This Month in Real Estate" - MAY 2017

Knowing the current real estate market conditions can help you decide if you want to list your property or if it is a good time to buy.

This short video from KW® Realty highlights the most recent real estate market conditions in the US as of May 2017.

*Video by KW® Realty.

Contact us at Carolina Luxury Properties to find out more about our local market conditions.

36 Views, 0 Comments.

Greater Greenville Real Estate Market 

APRIL 2017

According to a news release by the National Association of Realtors®, "all major regions saw a notable hike in contract activity last month (February 2017)." The release also stated that the 'Pending Home Sales Index, a forward-looking indicator based on contract signings, jumped 5.5 percent to 112.3 in February from 106.4 in January. Last month's index reading is 2.6 percent above a year ago, is the highest since last April (113.6) and the second highest since May 2006 (112.5).' To read the full article visit realtor.org.

Let's see how Greenville compared to the rest of the US. Here are the comparison stats for MARCH 2016/2017:

  Avg DOM # Units Sold Avg Sold Price
March
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National Real Estate Market
"This Month in Real Estate" - APRIL 2017

Knowing the current real estate market conditions can help you decide if you want to list your property or if it is a good time to buy.

This short video from KW® Realty highlights the most recent real estate market conditions in the US as of April 2017.

*Video by KW® Realty.

Contact us at Carolina Luxury Properties to find out more about our local market conditions.

23 Views, 0 Comments.

Greater Greenville Real Estate Market 

MARCH 2017

Looks like winter is finally wrapping up this week here in the South. Despite the topsy turvy weather, the Greenville real estate market is not suffering. Check out the stats for February! 

Comparison Stats for FEBRUARY 2016/2017:

  Avg DOM # Units Sold Avg Sold Price
FEB 2016 74 776 $ 194,593
FEB 2017 72 784 $ 205,159
% Inc/Decrease -2.7% +1.03% +5.4%

*All information/graphs from the Greater Greenville Association of Realtors.

Before you buy another home, do your homework! Check out this article from houselogic.com:

  • Exterior of tudor house

    7 Steps to Take Before You Buy a Home

    By doing your homework before you buy, you’ll

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National Real Estate Market
"This Month in Real Estate" - MARCH 2017

Knowing the current real estate market conditions can help you decide if you want to list your property or if it is a good time to buy.

This short video from KW® Realty highlights the most recent real estate market conditions in the US as of March 2017.

*Video by KW® Realty.

Contact us at Carolina Luxury Properties to find out more about our local market conditions.

84 Views, 0 Comments.

Greater Greenville Real Estate Market 

FEBRUARY 2017

Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 9:

  • 30-year fixed-rate mortgages: averaged 4.17 percent, with an average 0.4 point, dropping from last week’s 4.19 percent average. Last year at this time, 30-year rates averaged 3.65 percent.
  • 15-year fixed-rate mortgages: averaged 3.39 percent, with an average 0.4 point, falling from last week’s 3.41 percent average. A year ago, 15-year rates averaged 2.95 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 3.21 percent, with an average 0.4 point, falling from last week’s 3.23 percent average. A year ago, 5-year ARMs averaged 2.83 percent.

 (See full article)

Can you believe

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2016 REAL ESTATE MARKET REVIEW

THE CLIFFS MOUNTAIN REGION

The Cliffs mountain region includes The Cliffs Valley, The Cliffs at Glassy, and The Cliffs at Mountain Park.

The real estate market is an ever-changing and evolving environment which, at times, seems to swirl around us like a Category 3 Hurricane.  We all hope that the highs are not too high (hyped markets) and the lows are not too low (long-term droughts and trenches).  In short, we seek stability in this marketplace. 

On a positive note, although there remains a good bit of inventory within The Cliffs, since post-election and inauguration, there definitely seems to be an atmosphere where people are inquiring more, asking great questions, and trying to analyze and make buying

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National Real Estate Market
"This Month in Real Estate" - FEBRUARY 2017

Knowing the current real estate market conditions can help you decide if you want to list your property or if it is a good time to buy.

This short video from KW® Realty highlights the most recent real estate market conditions in the US as of February 2017.

*Video by KW® Realty.

Contact us at Carolina Luxury Properties to find out more about our local market conditions.

45 Views, 0 Comments.