In this Issue
March Market Update
Mortgage Rates Hit 2017 High
Jianni's Modern Italian Restaurant
Search For Homes
House Plans Radio
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The Buyer's Broker of Greenville  

   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

AskJD@CountybankMortgage.com

CountybankMortgage.com 

    

Helpful Hyperlinks
Dear , March madness is on and my Gamecock friends are enjoying every minute of it while my Clemson friends struggle to tolerate it. It was very cool to have the NCAA in town and Greenville always shows the hospitality of the South better than any city in the country. We should be very proud of how the city embraces the tourists and out of towners and I hope our welcoming attitude does not change as we see more and more of them.

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

March Market Update  

February closed transactions shows a leveling off of the current demand yet still at record levels. The year began with a record number of transactions for the second year in a row. This year will set new highs in most categories as the mass migration of baby boomers and new jobs continue to the Southeastern US and Greenville in particular.  

   

1. Cumulative Statistics 

 

2. February 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 rose about 10 basis points this week. For the first time in weeks, the 30-year mortgage rate moved with treasury yields and jumped 11 basis points to 4.21 percent. The strength of Friday's employment report and the outcome of next week's FOMC meeting are likely to set the direction of next week's survey rate.
  • 30-year fixed-rate mortgage (FRM) averaged 4.21 percent with an average 0.5 point for the week ending March 9, 2017, up from last week when it averaged 4.10 percent. A year ago at this time, the 30-year FRM averaged 3.68 percent.
  • 15-year FRM this week averaged 3.42 percent with an average 0.5 point, up from last week when it averaged 3.32 percent. A year ago at this time, the 15-year FRM averaged 2.96 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.23 percent this week with an average 0.4 point, up from last week when it averaged 3.14 percent. A year ago, the 5-year ARM averaged 2.92 percent.
I've know Carl for more than twenty years. I did the real estate deal where he opened his first restaurant (The 858) and got to know him fairly well during those days when we were both single. Carl made a bold move recently when he opened Jianna at the corner of S. Main St. and Fall Park Dr. and I've already heard good things about the food. I'm not a big Italian food fan but I must try it so I can give good advice to my clients about who, what, where, when, why, and how about downtown. I would also be interested in your personal experience at Jianna if you've had one. Jiannagreenville.com
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