Search Homes in Greenville

Advanced Search

The GreenvilleSCRealEstateToday Blog Page

March 13, 2012

Web Site Introduction

Greenville Real Estate Today!

Welcome to one of the newest web sites that is perfect for helping home buyers and sellers navigate listings throughout Greenville South Carolina. My goal is to help find more homes for sale in an easier and friendlier way so that the average consumer looking to buy or sell a home can navigate our market more efficiently and effectively.  There are hundreds, if not thousands of web sites out there where one can go to achieve this goal, but there are very few that are so user friendly as greenvillescrealestatetoday.com!  Here you can find information about homes for sale in our wonderful communities and also learn about buying and selling homes, hear brief descriptions about various townships within Greenville, and get all kinds of interesting facts and features to help you in your search.  Finding the best location for one to call home takes time and involves some of the most important decisions in your life. The more information you can gather about a particular location, the better equiped you will be to make the best decision.  Take a cruise around the new site and let me know how I can help you take the next step!

Posted in GreenvilleSCRealEstateToday.com
no comments yet
March 13, 2012

The "Shadow Inventory" Effect

Is the "Shadow Inventory" about to spring forth?

With the spring season upon us, and record temperatures set to heat up and break record throughout much of the nation in the next few weeks, many real estate analysts are trying to predict what affect the "shadow inventory" will have on our recovering markets. This so called "shadow inventory" represents three different groups of potential homes for sale. The first group is the sellers who put their homes up for sale in the past five years and decided that they would not be able to get the sales price they had hoped for in the market and pulled the listing.  The second group is those sellers that haven't tested the waters yet, but have been sitting on the fence waiting for the right time to make that jump.  The third group represents the foreclosures that have accumulated in the past few months while the banking industry has been trying to sort out the "robo" signing scandal that has plagued them, thus halting their some of their foreclosure listings temporarily. Though no one has been able to guess how much these three groups will affect our inventory, the fact that they are all out there waiting tends to make most of us believe it could be big.

This is not to say that the resulting number of buyers isn't going to be big as well though. Right now, we are almost in the perfect storm for purchasing power. With interest rates still hovering at or around all time lows, combined with the housing prices having dropped dramatically over the recessional period, there really hasn't been much better times to buy a home. It is hard to imagine what buyers will do once the interest rates start to creep back up and their buying power starts to recede. Until then, let's hope this perfect storm continues and begins to give our real estate the energy to keep reinvigorating our economy.

J. J. Bowers
Realtor/Owner
GreenvilleSCRealEstateToday.com

Posted in Greenville Housing Market
no comments yet

Helpful sites I have come across

Search Engines

Recent Blog Posts

How can RE/MAX work for me

Helpful Greenville Information