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Old 08-15-2007, 08:13 PM
 
8 posts, read 23,195 times
Reputation: 11

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Hello, All. My hubby and I would like to ask all of you who live in the Greenville area "What is your opinion" regarding the housing market there ?
We really respect your opinions, having read your previous posts, and
after keeping up with this Forum for quite some time now during our
research about possibly relocating to the Greenville area.
We want to hear what you have to say ! We are relocating to Greenville as soon as possible, will probably rent to start with, then look for a house to buy. In searching within our price range which is approx. $250K to $300K for "all areas" the search came up with 483 listings. I searched in Greenville, Pickens and Anderson counties, and didn't really narrow it down much at all, however, Hubby's opinion is that that's "a LOT" of houses just in this narrow of a price range. Which leads one to then wonder about what is 'really' going on in the greater Greenville area.
A lot of houses on the market can mean many things, either "good" or "bad". Are there a lot of locals trying to sell in order to just move up
in size and in price, or they're trying to cash in on all of the people moving there ? Or are there a lot of houses on the market because the
used house market is depressed, with too many For Sale and not enough
buyers, foreclosures, etc. ? Would you say that Greenville is a 'Buyer's
Market' right now, like most of the rest of the country ? Or does
483 listings in one price range mean that there is a "shortage" of housing,
compared to times past and it's actually a 'Seller's Market' ?
What's the real scoop ? That's what I love about this Forum !
'Ya'll' really tell it like it is ! Thanks much !
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Old 08-15-2007, 08:33 PM
 
Location: Greer, SC
83 posts, read 484,585 times
Reputation: 69
The Greenville real estate market has stayed very stable for quite a while. There has been no real estate boom, no real estate bust. Just slow appreciation.

483 houses in the three-county population of about 600k is not that many, especially when $250k to $300k is a very popular price point.
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