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Market Trends
Commentary Provided byJoyce Pettit The people that move from out of state feel that we have a really good standard of living verses the actual cost of living. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Spartanburg | ||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||
| Average Time on Market | More than 120 days | ||
| Market Trend | No Change | ||
| Housing Inventory | Good supply - Some Prices | ||
| Inventory Comments | Very good selection of homes at affordable pricing. | ||
| Average Home Price | $150,000 - View Graph Trend | ||
| Best Selling Price Range | $100,000 - $149,000 | ||
| Worst Selling Price Range | $400,000 - $449,000 | ||
| Compared to Last Year | Up 5-10% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Boiling Springs is | Increasing | ||
| Seller Activity for the past 90 days in Boiling Springs is | Increasing | ||
| Is Financing Available For Qualified Buyers in Boiling Springs? | Yes | ||
| Comments on Financing For Qualified Buyers | Great rates and even 100% loans are available on some properties. | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | The whole district is just doing really well!!!! | ||
| Reason to Buy/Sell | Population Growth | ||
| Average Sold Price | $150,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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CONNECT WITH A LOCAL PROFESSIONAL
Joyce Pettit
Keller Williams Realty Spartanburg, South Carolina 864-316-6336 joycepettit@agents.househunt.com Agent Home Page
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Boiling Springs Local News
News for Boiling Springs, SC - Saturday June 20th, 2009 7:01pm
If you are considering a move to our area, this is a great time to begin your "fact finding" and house hunting adventure. There is a good inventory of properties for sale. Rates are still good. If you have not owned a home in the last 3 years, you may qualify for the $8,000 tax credit. So----Come check out our wonderful climate, our reasonable "cost of living" versus our "great standard of living".


