Tag: housing market
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As Mortgage Rates Hold Near 6.3%, Upstate Builders Sweeten Deals to Keep New Homes Moving
GREENVILLE, S.C. — Homebuilders across the Upstate are leaning harder on rate buydowns and closing-cost credits this summer as mortgage rates hover near 6.3% to 6.5%, a sign that supply and demand across Greenville and Spartanburg counties are pulling in opposite directions even as the region keeps adding rooftops. In Greenville, the market has tilted…
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Anderson County Home Sales Jump 81% as I-85 Corridor Growth Reshapes the Upstate’s Housing Map
ANDERSON, S.C. — While Greenville’s resale market keeps loosening in buyers’ favor, a different housing dynamic is playing out one county over: Anderson County home sales jumped nearly 81% in May compared to a year earlier, even as inventory remains scarce enough to keep sellers firmly in control. Anderson recorded 409 home sales in May,…
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Spartanburg Home Sales Jump 74% as Inventory Tightens, Diverging From Greenville’s Buyer’s Market
Spartanburg home sales jumped 74% in June as inventory tightened to a 1.16-month supply, pushing the market toward sellers even as neighboring Greenville County loosens toward buyers.
