In this Issue
March Market Update
Mortgage Rates Move Lower
Luxury Home Buying Guide
Search For Homes
House Plans Radio
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16 Belterra Dr. Simpsonville, SC

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Dear , It's been a dozen years since we had a winter as wet and cold as this one which makes me even more excited that Spring has arrived. I try not to complain, particularly about the weather, because it won't do any good and we have such a good quality of life any way.  Spring is time for the Masters, Heritage, and BMW Pro-Am so put them on your schedule and join the fun this year! I hope to go to all three and am looking forward to an unexpected invite to the Masters. 

The real estate market bounced back in February, increasing 12.1% to 961 transactions for the month. I'm still very bullish that our market will continue to grow and that real estate in the Upstate is a good long term investment. 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 housing market has proven to be resilient despite predictions of a tougher year for the industry. It is still too early to say how the entire year will play out, but economic fundamentals remain positive. New Listings were up 6.0 percent to 1,452. Pending Sales decreased 58.5 percent to 460. Inventory grew 29.8 percent to 4,444 units. Prices moved higher as Median Sales Price was up 2.6 percent to $200,000. Days on Market held steady at 60. Months' Supply of Inventory was up 35.5 percent to 4.2 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.
Mortgage rates dipped dramatically since the start of the year and home prices continue to moderate. The combination of improving affordability and more inventory than the last several spring selling seasons should lead to improved demand. While these low rates will certainly get the attention of prospective home buyers, the supply of homes for sale remains stubbornly low. 
View the Survey Results
30-Yr FRM
4.28%
0.4 Fees/Points
15-Yr FRM
3.71%
0.4 Fees/Points
5/1-Yr ARM
3.84%
0.3 Fees/Points
The luxury home market presents a unique set of challenges in every area of the home buying process. Locating, Evaluating, Negotiating, Inspecting, Financing, and Closing on a luxury home requires the highest  level of expertise from the Client and their broker. Home buyers often view the real estate transaction as relatively simple until they are too deep into the transaction to change it. They often make mistakes that cost them time and money and sometimes these mistakes are fatal and cannot be corrected until it becomes very expensive.
Download our Luxury Home Buying Guide 
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.
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