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In this Issue
December Market Update
Rates Lowest in 3 Months!
Understanding Property Taxes
Search For Homes
House Plans Radio

  

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 Call JD Nelson at 864-331-2212

AskJD@CountybankMortgage.com

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Dear , Merry Christmas to each of you from the Clark Family! I'm blocking out the constant noise of the news and the chatter of scrooge. I am enjoying the reason for the season, the music of the season, and the libations served during the season and I hope you do too! I am very grateful for the confidence you placed in me this year and the advocacy that so many of you have provided during my career. I hope this Holiday Season provides you with great memories that last a lifetime.

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. All my best, Keith (864-420-0262)
The number of transactions was up 6.4% over last year and we will set a new record by the end of the year. New Listings were down 7.4 percent to 1,195. Inventory grew 14.9 percent to 4,396 units. Prices moved higher as Median Sales Price was up 5.8 percent to $200,000. Days on Market decreased 3.8 percent to 51 days. Month's Supply of Inventory was up 17.1 percent to 4.1 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 30-year fixed fell to 4.63 percent this week - the lowest it has been since mid-September. Mortgage rates have either fallen or remained flat for five consecutive weeks and purchase applicants are responding with an uptick in demand given these lower rates. While the housing market softened in response to higher rates through most of this year, the combination of low unemployment and the recent downdraft in rates should support home sales heading into the early winter months.  View the Survey Results
30-Yr FRM
4.63%
0.5 Fees/Points
15-Yr Fixed Rate
4.07%
0.5 Fees/Points
5/1-Yr Adjustable
4.04%
0.3 Fees/Points
Property taxes are a sore subject for everyone. Property owners think they don't get enough services for the taxes they pay, and the people who receive their income from property taxes don't think property owners pay enough taxes. It's the classic debate about the size and scope of government and the public sector vs the private sector. My experience is that most of our homes are under assessed by the county tax assessor but you should know the details of what you're paying and why. The Greenville County Website provides several tools to review your property taxes as well estimate your taxes if you are considering moving. Real Property Services and the Answer Book on Taxes! 
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!