Real Estate Market News

April 9, 2024

Negotiating Like a Pro: Must-Knows for Your Greer Real Estate Deal

Negotiating Like a Pro: Must-Knows for Your Greer Real Estate Deal

Here at Expert Real Estate Team, we've helped Greer and Greenville residents achieve their homeownership dreams since 2011. We understand that buying or selling a house is a significant life event, and the negotiation process can feel daunting ...

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Sept. 6, 2023

Mortgage Rates: Past, Present, and Possible Future

 

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big ...

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Sept. 1, 2023

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

  • Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
  • Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home ...
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Aug. 11, 2023

Home Prices Are Back on the Rise

Some Highlights

  • Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
  • If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.
  • Let’s connect ...
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Aug. 4, 2023

Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

Some Highlights

  • Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
  • Where mortgage rates go for the rest of the year will depend on inflation. Based on ...
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July 21, 2023

Real Estate Continues To Be the Best Investment

Some Highlights

  • According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
  • Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a ...
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June 12, 2023

Are Home Prices Going Up or Down? That Depends…

 

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time ...

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June 8, 2023

This Real Estate Market Is the Strongest of Our Lifetime

 

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two ...

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June 5, 2023

Oops! Home Prices Didn’t Crash After All

 

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts:

Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business:

“I expect housing prices fall 10% to ...
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May 30, 2023

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. 

Comparing this year’s ...

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