MobileGreenville

Contact Us @ 864-881-1258

  • Search
    • City
      • Greenville
        • Search by Neighborhood
        • Search By Price Range
      • Simpsonville
        • Search By Neigborhood
        • Search By Price Range
      • Greer
        • Search By Neigborhood
        • Search By Price Range
      • Fountain Inn
        • Search By Neighborhood
        • Search By Price Range
      • Mauldin
        • Search By Neighborhood
        • Search By Price Range
      • Taylors
        • Search By Neigborhood
        • Search By Price Range
      • Travelers Rest
        • Search By Neigborhood
        • Search By Price Range
      • Easley
        • Search By Neigborhood
        • Search By Price Range
      • Liberty
        • Search By Price Range
    • Schools
      • Elementary Schools
      • Middle Schools
      • High Schools
  • Buy
  • Sell
  • Finance
  • Blog
  • Careers

A Glance at the 2013 Real Estate Market

 

With 2014 just a few days away, let’s take a look backward to view of the top trends in real estate this year. Surprisingly, 2013 met – if not exceeded – the forecasts of real estate experts in the real estate industry.

  • In 2013, forecasters predicted a rise in the housing prices. It came true. We saw an increase of 3.28% in the housing prices in the Greenville-Spartanburg-Anderson metropolitan area and a 6.35% increase in housing prices in Columbia, SC. This increase is not only evident in our two local markets; we have seen an increase of 7.57% on a national level.

Median Price in Greenville and Columbia SC

Source: Realtor

  • Many expected that mortgage rates would rise in 2013. It did. As seen in the report by HSH, the 30-year fixed-rate loans were as low as 3.66% in November of 2012 and rose to 4.36% in 2013. The interest may have risen, but it is still low compared to mortgage rates in the past.

National Monthly Mortgage Statistics 2013

  • Bidding wars continued this year, spurred on by the low mortgage rates, rising home prices, and relatively low housing inventory.
  • Rent hikes pulled more home buyers into the market. Rental fees have increased over the past few years, and this motivated renters to buy and take advantage of the low interest rates.
  • The mobile app became increasingly popular this year as brokerages introduced their personalized versions. The mobile app has made accessing information on properties so easy. Now, home buyers and sellers can get information right from their smartphones and tablets. It is simple to call up listings near your GPS location, as well as have homes and their relevant information right at your fingertip.

 

(Visited 151 times, 1 visits today)
Facebook0
Google+0
LinkedIn0
Pinterest0
Twitter0

Comments

Filed Under: Uncategorized Tagged With: A Glance at the 2013 Real Estate Market, mortgage history rates in South Carolina, Real Estate Market 2013 look back, The rise of Mobile Apps in Real Estate

Search our site

J Michael Manley Rebate Program. Serving Pays

Popular Posts

  • Emit’s Farm And Adventure Park – Upstate Mobile Petting Zoo   EMIT’S FARM & ADVENTURE PARK  Phone: 864-658-2382 Website: www.emitsfarm.com    …
  • Below is the weekly PET MED Mobile schedule. Please… -- Delivered by Feed43 service Source: PET MED Mobile Schedule
  • Homes for Sale Near Oakview Elementary School,… Oakview Elementary School Information and Homes for Sale Near Oakview Elementary in Simpsonville,…
  • Where To Go Fishing? See 15 Best Fishing Lakes in… Fishing is great outdoor pastime for those who love to…
  • Where to see Christmas Light Shows in the Upstate Christmas is coming! There’s plenty of holiday cheer if you…
  • Homes for Sale Near Bethel Elementary School,… Bethel Elementary School Information and Homes for Sale Near Bethel in Simpsonville,…
  • Homes For Sale Near Mauldin High School in Simpsonville SC Mauldin High School Information and Homes for Sale Near Mauldin…
  • Where to See Christmas Light Shows in Greater Greenville The Upstate is not shy of dazzling displays! The most…
  • Where To Find Pokémon Go Gyms and Pokéstops in… Where to Find Pokéstops and Gyms in Greenville SC? Barely…
  • 11 Christmas Light Shows to Enjoy this Holiday Season Click Here For 2024 Christmas Light Shows in The Upstate…

Buying A Home? Read These Articles To Get More Information About Home Buying

Things To Know Before You Make A Big Purchase While Buying A Home

Things to Consider When Finding the Right Home

Home Buying 101: House Hunting

10 Must Do’s for First Time Home Buyers

First Time Home Buyers in Greenville SC – 2015 Could Be Your Year!

6 Mortgage Mistakes to Avoid

5 Blunders First-time Home Buyers Should Avoid

4 Home Buyer’s Nightmare to Avoid

Home Buying 101: What is a Pre-approval? Do You Need It?

Tips For Buying a Home in a Seller’s Market

These Home Selling Tips Will Give You Lots of Insights About Home Selling

10 Sure Ways To Turn Off Your Potential Buyers

Should You Sell Your Home Without the help of an Agent?

6 Smells That Turn Off Home Buyers

Negotiating Offers with Buyers

Why You Need Professional Photos To Sell Your Home

Tips for a Successful Open House

Selling a home in a Hot Seller’s Market

How to Get Rid of Home Odors

How to Declutter Your Home before Selling

Sell Your Home Faster with Great Photos

Tours in Greenville

Real Estate Tools

   
Get Started With Mortgage Pre-Approval
 pre-approved
Search Home Using Our Mobile App
 mobile app GGAH page

What Our Clients Are Saying…

"My husband and I met with Michael in mid-December, our house went on the market January 16th and was under contract January 19th. Michael and his team are amazing at what they do and did everything could to help us. We were out of our old house and in to the new one within a month of our house going under contract. I would highly recommend using the J. Michael Manley team for buying and/or selling. They made the hassle or buying and selling so easy and everything was very smooth."


Brittany and Brandon Kessler
Seller

VIEW ALL

Meet The Team

Livian Estates TeamLivian Estates Team

Keller Williams Realty

403 Wood Lake Dr Suite 100

Greenville, SC 29607  

 

Whether it is buying or selling a home, there is no bigger decision than choosing the sales associate who will represent you during the transaction. Beyond being trustworthy and honest, you need someone who has the experience and drive to help you in the real estate selling or buying process. Livian Estates have represented countless clients to satisfactory resolutions, either in finding the perfect homestead or selling their home to a new family.


youtube linkedin kw-mobile-app-google-keller-williams kw-mobile-app-facebook-keller-williams    

Copyright © 2024 All Rights Reserved. Site Map | DMCA | Greenville SC Real Estate | Greater Greenville

Turn Key Theme

realtor and fair housing   Greenville SC Chamber Investor