Real Estate Market News

Aug. 28, 2024

Buyer's Relief? What Zillow's Latest Report Reveals About the Housing Market

You may not feel it yet, but the housing market is shifting. 

In July, the market shifted from a strong sellers' advantage to more balanced neutral territory, according to Zillow's latest market report. 

So, what does this mean for you? Let's dive in. 

The Shift to a …

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Aug. 15, 2024

What the NAR Settlement Means for Homebuyers and Homesellers

A little backstory:

Back in March, the National Association of Realtors (NAR) agreed to settlement deal. The organization agreed to both a monetary settlement as well as real estate practice changes aimed at providing more transparency regarding how real estate agents are paid. 

But how exactly does that …

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Aug. 5, 2024

July 2024 Housing Market Report for Greenville SC

A headline caught my eye this week. It read:

"The Housing Market Isn't Making Sense. What's Going On."

It got me thinking about how much information is circulating out there. Numbers are flying around about inventory increases and price reductions (promising news for buyers) — and at the …

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July 12, 2024

8 Experts Predict Home Prices for 2025

Lately, there's been a lot of buzz about what's next for home prices, especially with 2024 shifting gears in some markets. Here in Greenville SC, we have seen a 6.7% increase in sales from May 2023 and May 2024 and an increase in prices 3.3% during the same time. 

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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 …

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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 …

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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 …
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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
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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 …
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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 
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