It is a Great Time to Buy a Home!
Despite all the national gloom and doom stories you have heard about the housing and mortgage markets, it truly is a great time to buy a home in Upstate South Carolina.
Why? Because unlike other markets such as California, Nevada, and Florida that experienced unsustainable growth rates and runaway appreciation over the past several years, our market has been built on sustainable growth rates and normal rates of appreciation.
Other factors that contribute to a healthy Upstate market include a strong and diverse employment base, strong primary buyer market as opposed to investor market, and historically low interest rates. It is important to remember that there is a difference between the national market and our local market.
So what does all this mean? It means you, as a first time home buyer, don’t have to be afraid to buy a home in the Upstate today when you know the facts. Whether you are seeking a first time home, a move-up or vacation home, home choices and values have never been better. Interest rates remain low and the Upstate region enjoys a favorable business climate with strong and diverse industries and employment opportunities.
So if you’ve dreamed of owning a home in the beautiful South Carolina Upstate region, now is the time to take advantage of the choices and values that await you.
But don’t wait too long – remember our appreciation rates are going up not down!