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Old 09-14-2011, 12:59 AM
 
Location: Greenville, SC
11,542 posts, read 23,344,328 times
Reputation: 3337

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Haters gonna hate-

Two hundred homes were purchased in Greater Greenville last month, or 42 percent more than in August 2010.

It’s the second consecutive month that home sales in the region were higher than the year before, with 475 residences sold in August 2010 compared to 675 in August 2011.

Home sales in July were up 25.6 percent from July 2010, according to multiple listing statistics released by the Greater Greenville Association of Realtors.
Nick Sabatine, the association’s chief executive officer, called the August figures “huge.”


Source: Greenville real estate executive calls second straight monthly gain 'huge' | The Greenville News | GreenvilleOnline.com
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Old 09-14-2011, 06:05 AM
 
Location: Dallas, TX
5,680 posts, read 10,959,298 times
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Nice to see all the announcements made by companies the past couple years starting to bear fruit in other areas now!
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Old 09-14-2011, 10:03 AM
 
Location: Greenville, SC
915 posts, read 2,314,088 times
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You guys know I'm the last one to criticize good news about the Greenville area, and I certainly wouldn't want to criticize the housing market. It certainly is an amazing time to buy!

However, just keep in mind that we're comparing July and August of this year to two months immediately following the expiration the tax credit last year.

I will be very curious to see how 2012 compares to 2011, even as early as January. I think that will be the first real indicator we've had since probably 2009. With interest rates ridiculously low, and home prices remaining stable, I can't imagine we'll see a downward trend in the number of homes sold next year compared to this year, and possibly even compared to 2010.
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Old 09-14-2011, 01:27 PM
 
Location: Dallas, TX
5,680 posts, read 10,959,298 times
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But it still looks good, relative to other areas, to people considering relocation for job reasons, etc.
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Old 09-14-2011, 01:32 PM
 
Location: Greenville, SC
915 posts, read 2,314,088 times
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Quote:
Originally Posted by UpstateBooster View Post
But it still looks good, relative to other areas, to people considering relocation for job reasons, etc.
Definitely!
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Old 09-14-2011, 09:32 PM
 
Location: Easley
807 posts, read 1,696,987 times
Reputation: 331
With new jobs coming & rates low I hope we can still maintain a good market!! We had an awesome month last month.
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Old 09-16-2011, 11:00 AM
 
10,470 posts, read 5,343,246 times
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Does anyone know what the current unemployment rate is for Greenville area/county?
And has it been affected ppositively by this?
Thanks
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