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Dear , It's time for home owners to get involved in the planning and development process of our great community. I no longer believe the smart people can be left to their own devices to make wise decisions for the rest of us. There is just too much self-interest involved by the developers and some of my own colleagues not to compromise their planning of growth. The residents of Hilton Head woke up this year and realized they had destroyed their quality of life over 20 years of developer driven growth. I don't think we should make the same mistake, particularly if we haven't already!
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)
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This year's trend of 10% growth has finally come to an end with a year over year increase in July of only 1.3%. The national numbers have been flat all year but our numbers are on a record pace. The rationale given by the analysts is the shortage of inventory, but I think there is more to it than just the shortage of inventory. When you combine rising interest rates with rising prices and then add the shortage of inventory it makes sense. I expect we will see more moderate increases for the rest of the year but we will still have another record year when it's over. If you're thinking about right sizing or moving up, call me, I can help you with both transactions!
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.
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 Mortgage rates were once again mostly flat over the past week, inching backward slightly. Manufacturing output and consumer spending showed improvements, but construction activity was a disappointment. This meant there was no driving force to move mortgage rates in any meaningful way, which has been the theme of the last two months. That's good news for price sensitive home shoppers, given that this stability in borrowing costs allows them a little extra time to find the right home. Unfortunately, don't expect much relief from the tight inventory conditions plaguing many markets. As seen again last month, new home construction is not picking up to meet demand, and as a result, home prices are still rising at double the pace of income growth.
View the Survey Results
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30-Yr FRM
4.52%
0.4 Fees/Points
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On Saturday mornings from the beginning of May until the end of October, two blocks of downtown Greenville's Main Street are transformed into a bustling farmers' market aptly named the TD Saturday Market. Cars waiting patiently for traffic lights or the perfect parking spot are replaced with roughly 75 white tents, each one housing a vendor selling the season's freshest produce-perhaps, red ripe strawberries in early June or singe-your-tongue hot peppers in late July- or the area's most original and high quality crafts.
Farmers Market Map
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 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!
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| 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!
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