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Showing posts with label 2018 Real Estate Market. Show all posts
Showing posts with label 2018 Real Estate Market. Show all posts

Will We See You at Our Upcoming Home Buying Workshop?


Buying a home can be an intimidating prospect. We understand this, and that’s exactly why we’d like to invite you to our upcoming homebuyer workshop.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.


During my most recent appearance on “Your Carolina,” I spoke with hosts Jack Roper and Megan Heidlerg about my team’s upcoming homebuyer workshop.

This amazing event will take place in our office (03 Woods Lake Road, Suite 100, Greenville, SC 29607)  at 10 a.m. on Saturday, March 30. We at Hamilton & Co. know that many of you may be interested in buying a new home, but aren’t sure where to begin. That’s exactly why we’re hosting this workshop.

At this event, future homebuyers will have the chance to learn about the real estate process from local professionals (including agents, an attorney, and a lender) in a low-pressure, stress-free environment.

This homebuyer event will teach you everything you need to know about taking advantage of our current market.

Armed with the knowledge we’ll be offering at this event, local buyers are sure to find incredible success in our current market. Not only is spring an incredible time to begin a home search, but interest rates have recently dropped, as well, making right now an amazing time to move.

This homebuyer event will teach you everything you need to know about taking advantage of our current market. Best of all, we’re offering breakfast to all those who attend.

Space is limited at this incredible, free event, so register now. You can save your spot by clicking here.

As always, if you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.



A Few Reasons to Consider Selling Your Home This Winter


The winter might be a better time to sell your home than you think. Here are a few reasons why.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.


Winter may be the best time to put your home on the market. If you were waiting until spring, you may not have to. On my recent appearance on “Your Carolina with Jack & Megan,” I discussed why the winter is a fantastic opportunity for homeowners to get their properties on the market.

One of the biggest misconceptions in real estate is that the winter is a bad time to sell. However, lower inventory means less competition. If you wait until June or July, you’ll be competing against many other homebuyers. The more supply that’s out there, the more home prices get compressed.

If you wait until June or July to list, your competition will increase exponentially.

Secondly, this is the time of year where many companies are helping their employees out by giving them bonuses and year-end payouts. They are starting to collect those right now and will have a little bit of extra money in their pocket.

Finally, did you know that January is the No. 1 month for corporate relocations? With that being so, there will be a lot of people coming into the area, looking to pick a house quickly by January. You'll want to be on the market now to take advantage of those buyers.

Thanks again to Jack and Megan for having me. If you have any questions about why winter is a great time to sell or about real estate in general, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.


What Is Happening in Your Greenville Market?


Today I want to share our latest market numbers and help you decide if it is a great time to buy or sell.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.


I was recently on “Your Carolina with Jack & Megan” to talk about the market, and if you're thinking about buying or selling, you won't want to miss this episode—which you can follow along with above as we discuss the latest developments in our market.

The first statistic we should consider is inventory, also known as the supply. When the market slows down, supply typically rises. Currently, we're still seeing supply decrease with a 2.7% decrease compared to this time last year. This indicates that it is still a strong market.

The average days on market (the amount of time it takes a home to sell) is another key indicator of overall market conditions. Currently, the average number of days on market is down about 3%, which means that we are still seeing a strong market, even though some people are saying it is slowing.

The numbers don't indicate a slowing. In fact, the average price of a home is still going up. We are up 8.4% from this time last year with a price of $245,000. It is still a seller's market below $250,000. If you put a home on the market that is $175,000 to $225,000, it sells very quickly.

The great thing about selling now is that there's actually less competition because there are fewer homes on the market.

Since it is fall, many people think that now isn't the time to sell because homes don't sell. However, this is a misconception. It is actually a very robust market here and we see a lot of homes sold. The great thing about selling now is that there's actually less competition because there are fewer homes on the market as you go into the winter months. The buyers that are out there are also more serious about finding a home and want to buy.

The entire Greenville area is still very popular. Specifically the Five Forks area as well as inside the city is becoming increasingly popular. In fact, we put a home on the market a few weeks ago in West Greenville that received 15 offers. People want to go into the village and fix homes up and make a nice community.

Days on market still does matter greatly. We try to price a home so that it sells in 30 to 45 days. If it does stay on the market longer than this, we don't want it to reach 60 days because then when buyers look at it they make lowball offers. You want to come onto the market and price to sell it quickly, or people may think that there is something wrong with the property.

If you have any questions about our current market, or if you're interested in talking about buying and selling, please feel free to reach out to me. I look forward to speaking with you soon.


Smart Home Appliances to Save You Money and Make Your Home Secure


Have you ever thought about updating your home with smart home technology? Here are a few different ways to do that.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.


Today I want to talk to you about smart homes. They are becoming very popular nowadays and people are under the impression that making their home “smart” is really expensive. However, there are two easy ways that you can turn your home into a smart home and still save some money:

1. Smart thermostats. The Nest brand is one of the most popular options on the market and they cost around $249. However, customers are saving an average of $173 per year on their energy bills, so the thermostat will pay for itself within two years.

A smart thermostat will pay for itself within a few years.

2. Video doorbell. Ring is the most popular option here. It has a camera right on it and whenever someone rings the bell, it will show you who is there. These doorbells can sync directly to your phone, tablet, or computer, and are wifi-enabled. These cost around $200 and they’re a great way to integrate smart home technology into your current home.

If you have any more questions about smart home technology or want to know how you can integrate it into your home, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.

Some Promising Numbers From the Greenville Real Estate Market


The latest Greenville real estate market numbers are in. Here is what you need to know.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.


Today I have some great information about the areas in and around Greenville. I am going to highlight two major areas today. The first is Simpsonville.

In the last two years, we have seen homes appreciate by around 7% in Simpsonville, which is great news for homeowners. This means that if you bought a home two or three years ago, you could sell it for 10% to 15% more than you bought it for potentially. 

When you are looking at home values, there are really only a few things that determine what a home is worth to a homebuyer:

1. Condition
2. Location
3. Competition
4. Timing

If you listen to our radio show on Saturday mornings, you would know that May is the perfect time to sell your house. We generally see about a 6% increase in home values during the month of May. If you have been thinking about selling, let us know and we can develop a great plan of action.

Now is a great time to enter the market.

How does our market look right now compared to last year? Last year at this time, we sold 4,419 homes. This year, we have sold 3,812. That’s a decrease of about 607 homes. Inventory remains incredibly low and there are a lot of buyers who need homes to move into. However, there are not as many sellers. With such high demand, prices are going to continue to go up.

Now is a great time to enter the market so if you have any questions about selling your home or about the real estate market in general, please feel free to give us a call or send us an email. We look forward to hearing from you soon.

Amazing News for Greer Home Sellers


What’s going on in the Greer real estate market? Let’s find out.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.

Within our Greenville real estate market, there are a number of smaller communities that each have unique market conditions. Today, we’ll be talking about Greer.

The downtown area of Greer is so charming. There’s actually a rule against buildings being more than three stories high. I definitely recommend visiting this community if you haven’t already.

If you already live in Greer, today’s market update might be of interest to you. It’s actually a great time to sell.

The average home price in Greer is $201,000, thanks to an appreciation rate of 7% or 8% over the last couple of years. Also, 2,016 homes have sold in Greer in the past two years.

Right now is an amazing time to sell in Greer.


Another interesting point is that, currently, the number of interested buyers outweighs the number of available homes. The number of homes for sale in Greer today is 8% down compared to this time last year. The number of homes sold, however, is up 25% year over year.

On top of selling quickly, homes in Greer are also selling for about 98% of list price. Of the ones that sold in February alone, 72 sold without any drop in price. Overall, right now is an amazing time to sell in Greer.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.