Category: Home Buying
What Does it Mean to be Under Contract in Real Estate?
What does Under Contract Mean? Under contract or contingent in real estate refers to a seller accepting a buyer’s offer, but the sale is not yet complete. Before a transaction can be finalized, there are typically a few contingencies or conditions that must be met, such as the buyer securing financing or the property passing... Read More
Homeownership Provides an Alternative to Rising Rents in Greenville, SC
Are you one of the many renters considering where to live when your next lease ends? It’s not good news but the long-term outlook for rental prices doesn’t look promising. Experts say to expect above-average rent price gains in 2023. “The U.S. rental market experienced its first single-digit growth over the past 13 months. The... Read More
More Listings Are Coming On Greenville SC Housing Market
Inventory of Homes for Sale in Greenville SC Increasing Greenville SC real estate market is shifting in a more buyer-friendly direction. With existing home sales continuing to soften and pending homes sales also on a decline, new listings on the market are steadily increasing giving home buyers who in the past months have dealt with... Read More
Down Payment Assistance Program That Benefits Homebuyers To Get A Home
Buying a home is a big financial decision for many people. However, many people find it difficult to buy a house even if they have a good job. In a recent Bankrate survey, potential buyers were asked to identify the biggest obstacles in their home-buying experience. Thirty-six percent of those surveyed indicated that saving for... Read More
Buying A Home In Greenville Is More Affordable Than Renting
Buying a home is more affordable than renting and can provide a better financial advantage. If you are considering moving to Greenville, SC, you may be wondering if it’s wiser to rent or buy a home in the current housing market when home prices are rising. Hardly surprising as we’ve seen home prices rise in... Read More
Home Buying Process in 13 Steps
Print Your Copy 13 Steps Involved in the Home Buying Process Buying a home is one of the biggest purchases, if not the biggest, you will make in your life and it’s important that you are prepared to handle the whole buying experience that at times can be very stressful and confusing. When you are ready... Read More
5 Things That Affect Your Credit Score
As we have seen how mortgage rates have increased dramatically in the last few months, home buyers on a tight budget have lost some of their buying power. Rising interest rates directly affect home buyers in many ways and it’s high time we also look deeper into how to at least alleviate the burden. Think... Read More
Mortgage Rates Update: Rates Rise to a 12-Year High
Mortgage rates continued a steady rise this month, hitting their highest level last seen in more than a decade. The average rate on a 30-year mortgage is 5.11%, in the week ending April 21, up from 5% the week before, according to Freddie Mac. Mortgage rates were only averaging 2.97% during the same period last... Read More
Upstate Housing Market Continues To Favor Sellers
Shopping for a new home in Greenville most likely will give you a little headache as demand for homes continues to outpace supply. WHNS, a Fox-affiliated TV station serving the Upstate, SC, sat down with us and talked about the current state of the housing market in the Upstate in this report. We’ve seen our... Read More
Mortgage Rates Update: Rates Rise to Levels Last Seen in December 2019
For the first time since December 2019, mortgage rates have risen above 4 percent. The average rate on a 30-year mortgage is 4.01%, according to Bankrate.com. This is the highest mortgage rates have reached since the early days of the pandemic. If you are in the market looking to buy a home or looking to... Read More
