In this Issue
December Market Update
Mortgage Rates Bounce Up
New Downtown Update
Search For Homes
House Plans Radio
Join Our Mailing List

  

   The Buyer's Broker, Inc.
   Keith Clark  Broker/Owner
www.GreenvilleBuyersAgent.com
  Mobile Phone 864-420-0262
    Office Direct 864-271-4114  
 

 County Bank Logo    

 Call JD Nelson at 864-331-2212

[email protected]

CountybankMortgage.com 

    

Helpful Hyperlinks
Dear , My goal in 2017 is to leverage more and more technology to the point that I am no longer a person but just a hub of Virtual Reality. Of course I'm kidding, but only to some degree. I've begun chrome casting videos for everything so I've included some Christmas Music from Josh and Michael (both good for your Christmas Party) as well as Us in 2017. I also want to convey a sincere thanks for all your advocacy this year and I hope you have a wonderful Christmas and a safe New Year!

I hope you enjoy this month's newsletter and I hope you will forward it to your friends, family, and colleagues who may be thinking about buying a home in the Upstate. All my best, Keith (864-420-0262)

December Market Update  

The number of transactions jumped 5.6% year over year for the month of November and 2.9% year to date. Inventory was up 12.8 % to 4401 Active Listings. We expect inventory to improve in 2018 and new construction will be back in vogue. I expect buyers to have a few more options than they've had the last couple of years and I expect the migration of baby boomers to the Upstate to increase even more.      

   

1. Cumulative Statistics 

 

2. November MLS Statistics

 

3. Year to Date MLS Statistics  

   

  
We at The Buyer's Broker believe the more you know, the more you will want The Buyer's Broker of Greenville to represent you in your next real estate transaction.
As widely expected, the Fed increased the federal funds target rate this week for the third time in 2017. The market had already priced in the rate hike so long-term interest rates, including mortgage rates, hardly moved. Mortgage rates held flat across the board, with the 30-year fixed mortgage rate inching down 1 basis point to 3.93 percent in this week's survey. For several months, 4.0% has been the most prevalently quoted conventional 30yr fixed rate on top tier scenarios. It's not uncommon for rates to be exceptionally flat heading into the end of the year, but in this case, they began flattening out in late September. This increases the potential for a bigger move whenever we finally see a break outside the recent range. View the Rates
I love downtown and I've watched it grow from a vision in 1988 to the envy of the country today. Now we begin the transition from a local downtown to a large market downtown that is treated as a separate real estate market. What does that mean, it means we value and evaluate property downtown in a unique way, different from the rest of the market. We have already begun doing just that, but as the differential of variables become more critical to evaluating property, it essentially becomes a different market. I have always prided myself in being the most knowledgeable agent in the market so I will be adding this segment to the Newsletter every month going forward. Stay tuned for more insight each month on what's happening downtown! City Website 
Searching for homes online can be frustrating and time consuming. You can learn more about the Upstate real estate market in a phone conversation with me than you can learn surfing the internet for days, weeks, and months. If you would like to know exactly what the local market has to offer and the who, what, where, when, and why about purchasing a home in Greenville, call me today!

House Plans Radio Show 

Listen to me on the radio every Saturday morning on House Plans. "House Plans" airs live on WORD, 106.3 FM locally from 8:00AM until 9:00 AM. JD Nelson, Chris Roberts, (Countybank Mortgage) and I discuss local, state, and national real estate issues along with a variety of mortgage topics. The debate is lively and callers engage the hosts with local real estate questions. You'll learn all about the current real estate and mortgage market.
Click Here to Listen a Recent Show