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Old 08-14-2008, 09:08 AM
 
Location: Greenville, SC
915 posts, read 2,424,048 times
Reputation: 400

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On August 14th, 2008, the National Association of Realtors issued their 2nd quarter Metropolitan Area Existing-Home Price report.

This report is always interesting since it is really more comprehensive, in my opinion, than the Case-Shiller index (which only evaluates 20 major metro areas) or the OFHEO index which only evaluates homes in the sub-$417K price ranges.

Anyway, most importantly is the fact that the Greenville, SC metro area posted the 9th highest appreciation rate in the US (5.1%) when comparing median price in 2Q08 to 2Q07 for existing single-family homes.

One other compelling piece of information is that:
Quote:
Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of RealtorsĀ®.
Just another great reason to buy in Greater Greenville!
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Old 08-14-2008, 02:03 PM
 
7,993 posts, read 12,860,796 times
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Excellent news!
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Old 08-14-2008, 08:13 PM
 
Location: FL
49 posts, read 161,889 times
Reputation: 17
Thanks for sharing...........good information!
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