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Old 11-16-2012, 10:36 AM
 
Location: Greenville, SC
11,535 posts, read 23,314,314 times
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Ka-boom:


A key indicator of economic health rose noticeably in South Carolina in October, and most notably in the Greenville area.

Compared to October 2011, sales of residential homes and condos in the area rose 35 percent in October to 660 homes sold, according to the S.C. Association of Realtors.


Source: Greenville-area Home Sales Boomed in October - Easley, SC Patch
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Old 11-16-2012, 04:10 PM
 
Location: Easley
807 posts, read 1,695,547 times
Reputation: 331
Yeah & FHA is claiming they have a 16 Billion dollar deficit!
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Old 11-16-2012, 05:56 PM
 
Location: Dallas, TX
5,680 posts, read 10,948,844 times
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FHA is a joke. As are most government programs; bloated, lethargic, disconnected.
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Old 11-16-2012, 11:00 PM
 
3,200 posts, read 4,368,769 times
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Quote:
Originally Posted by g-man430 View Post
Ka-boom:


A key indicator of economic health rose noticeably in South Carolina in October, and most notably in the Greenville area.

Compared to October 2011, sales of residential homes and condos in the area rose 35 percent in October to 660 homes sold, according to the S.C. Association of Realtors.


Source: Greenville-area Home Sales Boomed in October - Easley, SC Patch
Was October 2011 artificially depressed or is this true organic growth?
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Old 11-17-2012, 04:54 AM
 
1,822 posts, read 2,451,949 times
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Quote:
Originally Posted by GSP101 View Post
Was October 2011 artificially depressed or is this true organic growth?
I talk and work with builders every day. This is true growth. The demand is high and sales are great. Most spec homes are sold before the house is finished. The market in Greenville County is remarkable.
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Old 11-17-2012, 06:08 AM
 
Location: Easley
807 posts, read 1,695,547 times
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Well I just read another article that says they will not need a Bailout & have not asked for assistance since Hoover was President. I think our market is definitely growing & homes have been selling. There aren't near as many homes on the market & people are sometimes seeing multiple offers. New homes are selling well also.
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Old 11-17-2012, 06:26 AM
 
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Also selling well are new custom homes priced above 500,000. Appraisals on existing homes are showing a good rebound too.
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Old 11-17-2012, 07:31 AM
 
477 posts, read 792,246 times
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Blame Obama for the boom.
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Old 11-18-2012, 11:44 AM
 
Location: Winston-Salem
4,187 posts, read 7,928,450 times
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We just signed an offer-to-purchase contract for our townhome (less than $200,000) on eastside of Greenville. Was listed for less than 3 weeks. If it doesn't fall through, it will be in the January, 2013 stats.
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Old 11-18-2012, 02:43 PM
 
1,016 posts, read 2,024,505 times
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Congrats roadpony. I have had a townhome listed in that area for over 3 monts with no offers. Good Luck!
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