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Has it slowed down at all because of higher interest rates?
The house in my neighborhood that was sold in December and relisted a week later for $100k more just sold last week and they only got $40k more. I don't know if you'd call that slowing down though.
We are relocating and thinking of a condo or house in Easley or Piedmont. We are hoping to spend around $300-$350k and don’t need a huge yard or big house. We would appreciate any advice. We want an area that is safe and the real estate will appreciate over the next 2-3 years. Thanks
We are relocating and thinking of a condo or house in Easley or Piedmont. We are hoping to spend around $300-$350k and don’t need a huge yard or big house. We would appreciate any advice. We want an area that is safe and the real estate will appreciate over the next 2-3 years. Thanks
Pickens, Powdersville, and Easley are all nice and won't be an issue with your budget. Easley and Powdersville are growing quickly. Piedmont isn't as nice imo but it's cheaper. Pickens is more rural. Easley is more populated and it has just about every store you will need right there.
I would find a realtor for more specific advice like school districts, crime maps, etc.
I have several friends in the mortgage business, where things have slowed down drastically. That has to mean housing sales have slowed too. I do know there are many houses in established developments like Sugar Creek that have remained on the market for 60+ days. Before the rates starting going up, these houses would have multiple offers on the day they went on the market. It seems as though things have slowed, but it is still a good market to be in.
Three houses near me in the Furman area went quickly in the last two weeks. In the 250-275k range. People still want to be here. Lots of town homes going up on this side of town too if you like being attached to someone else.. Personally not for me.
My neighbor is a land surveyor and there business has really slowed to the point they put there 3 crews on 4 day work weeks. He tells me a lot survey is needed before a mortgage company will lend money. They don’t want to lend money on a property that has encroachments.
Also there new construction staking on new projects have slowed. Just passing it along.
Last edited by Gittyup; 10-10-2022 at 12:01 PM..
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How about the Easley or Piedmont areas.
