In this Issue
November Market Update
Mortgage Rates Pull Back
Sweet Potato Cake
Search For Homes
House Plans Radio
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Dear , I hope you had a Happy Thanksgiving and your Holiday Season is filled with fun events and great memories! Patience will be in order this Holiday because the traffic within three miles of the Gateway Project will be very challenging. The Woodruff Rd. exits are back open but I don't think it will help much. I know every short cut in the city and I still get caught in it. I'm having to add five to seven minutes to my drive times to almost every location. I hope the Gateway Project will be finished this time next year and we'll all be pleasantly surprised at the improvements.

If you're thinking about selling and moving up or right-sizing, call me to learn more about The Buyer's Broker comprehensive approach to buying and selling. 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 or selling a home. All my best, Keith (864-420-0262)
The number of transactions for the month of October was 1080, up 7.6 % and YTD 11,610 which is up 6.4%. We are on course to set another new record for the year and surpass 13,000. New Listings were up 1.6 percent to 1,528. Pending Sales decreased 48.9 percent to 530. Inventory grew 16.5 percent to 4,614 units. Prices moved higher as Median Sales Price was up 8.2 percent to $206,945. Days on Market decreased 7.8 percent to 47 days. Month's Supply of Inventory was up 16.2 percent to 4.3 months, indicating that supply increased relative to demand.


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 downward spiral in oil prices and a volatile equities market caused mortgage rates to decline 13 basis points to 4.81 percent, the largest weekly drop since January 2015. Mortgage rates are the lowest since early October and the dip offers a window of opportunity for would be buyers that have been on the fence waiting for a drop in mortgage rates. View the Survey Results
30-Yr FRM
4.81%
0.4 Fees/Points
15-Yr Fixed Rate
4.24%
0.5 Fees/Points
5/1-Yr Adjustable
4.09%
0.3 Fees/Points
It's a not so well kept secret, but if you want to be the hit of a Holiday gathering order a Sweet Potato Cake from the Brick Street Cafe. It's rich, expensive, and it's worth every penny. When you show up with a Brick Street Sweet Potato Cake you are saying the people and the event are special. Jim prepares the batter in secret early in the morning. He's the only one with the recipe and I was told he believes it's his health and job security.The Cafe bakes about 80 cakes a day and they are shared all over the Southeast with friends and family. Click Here to See Picture 
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 to a Recent Show!