| 
The Buyer's Broker, Inc.
Mobile Phone 864-420-0262
Office Direct 864-271-4114
|
|
| |
Dear , I had new clients in from New York, Cape Cod, and Florida this month. It was surprising since two of them found me on the internet and that's unusual for me. The City continues to receive regional and national recognition for our quality of life and baby boomers from all over the country are moving to Greenville. When you add the baby boomers to the corporate expansion it adds up to continued growth for the foreseeable future. If your thinking about buying a home, my advice is don't wait, it could cost you some money!
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)
|
| September Market Update The August numbers are very similar to the July numbers which reflected a slowing of this year's rate of increase in the number of transactions. It will still be a record year in both the number of transactions and the median price. I hope we will see a small increase in the inventory during the fourth quarter but I won't be surprised if demand continues to outpace supply.  1. Cumulative MLS Statistics 2. August 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.
|
The 10-year Treasury yield declined after last week's post-Brexit high in anticipation of the Fed's September policy meeting. The 30-year fixed-rate mortgage followed Treasury yields, falling 2 basis points and settling at 3.48 percent. Despite the decrease in rates, the Refinance Index plunged 8 percent to its lowest level since June.
- 30-year fixed-rate mortgage (FRM) averaged 3.48 percent with an average 0.6 point for the week ending September 22, 2016, down from last week when it averaged 3.50 percent. A year ago at this time, the 30-year FRM averaged 3.86 percent.
- 15-year FRM this week averaged 2.76 percent with an average 0.5 point, down from last week when it averaged 2.77 percent. A year ago at this time, the 15-year FRM averaged 3.08 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.80 percent this week with an average 0.5 point, down from last week when it averaged 2.82 percent. A year ago, the 5-year ARM averaged 2.91 percent.
|
Fall weather seems to be arriving late this year but it will arrive, and that means preparing your home for winter weather. The
three items that come to my mind at this time of the year are cleaning the gutters, checking the heating system, and making sure the envelop of the house is sealed and tight.
There are many checklist to view online and I've created links to several. I think
Today's Homeowner has the best list but you might want to check out
Bob Villa's checklist and
DIY Network has the most comprehensive checklist. We all pick and choose which items need immediate attention and which items to put off for another time but remember water is the enemy and it always gets more expensive the longer you put it off.
|
 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
|
|
| |
|
