Greenville SC Real Estate News

Greenville South Carolina real estate market, events and homes for sale. 

Aug. 15, 2018

July 2018 Greenville SC Real Estate Market Report

Navigating the real estate market, researching statistics, and making an informed decision based upon those findings can offer a more refined decision in the Real Estate process, whether you are a home buyer, seller, or investor. At PRODUCER Realty, we rely heavily on relevant market data and trends in the real estate market when determining the value of a home. As Expert Advisors, we understand that the real estate market is always changing and we strive to stay up to date with the trends to better serve our client's needs.  

The Greater Greenville real estate market continues to grow and change, month-by-month and year-by-year. This year compared to last year, sales are up 3.7% with 1,278 homes being sold in July 2018 as opposed to the 1,232 homes sold in July 2017 in the Greenville SC real Estate market.

The sale price in July 2018 has gone up more than $25,000 since July 2017. July 2018 has seen an average sale price of $253,233 compared to the $228,157 average sale price of July 2017, making the value of owning a home or investment property in the Upstate of SC a wise and gainful decision.

The Greenville SC area is heralded as a prime relocation spot in South Carolina due to aspects such as the strong economy. The Bureau of Labor and Statistics reports that the national average for unemployment is at 4.2%, but Greenville County continues to fall below the average at 3.3%. The availability of technical, engineering, and health care jobs continue the economic growth for this metro area. In turn, the real estate market outlook is positive and substantial growth is expected to continue for Greenville County SC.

If you are interested in gaining more knowledge concerning the Greater Greenville SC area market, we are only a call away. Whether you are a home buyer, investor, or are interested in placing your current property on the market, our team can not only inform you, but also make your transaction a profitable one. Feel free to contact our team at 864-438-5050 or visit us at www.GreenvilleRealEstateHub.com

Make sure to keep up with the PRODUCER Realty team. "Like" us on Facebook, and follow us on PinterestTwitter, and Instagram.

Want to find out how much your home is worth? Click below to use our ground breaking property evaluation tool and get your home value in less than a minute.

Aug. 14, 2018

14 Webster Road Greenville 29607 Homes for Sale

Looking for a great home just minutes away from downtown Greenville? Look no further than 14 Webster Street. The Webster Subdivision is conveniently located near restaurants, shopping, schools, entertainment and so much more. You can literally bike just 10 minutes and be at the Greenville Zoo where you can take advantage of all the hiking and biking trails. It’s also a big plus if you have children since there are two very large parks outside of the Zoo. Just a few minutes North is Falls Park on the Reedy with even more opportunities to explore. This three Bedroom, two Bath home is ideal for those who work downtown.

Click Here For Additional Photos and More Information

As you pull up to the home, you will notice all of the planted bushes and plants as well as the mature trees in the back of the home. The 13 x 05 front porch is the perfect place for a rocking chair where you can relax. As you enter the home you are greeted by the large Family Room with a cozy wood burning fireplace.

The Kitchen is then before you to the left and the Dining Room is to the right. The Kitchen features lots of cabinet space and pantry closets. As you continue through the home you will notice the laminate flooring in the hallway and all of the bedrooms. There is a Full Bath convenient for guests with upgraded fixtures.

Click Here For Additional Photos and More Information

The Master Bedroom features a trey ceiling which adds to the elegance of the room. The En-Suite features a walk-in closet and double sinks. The other two bedrooms are perfect for children, guests or an office. Headed outside you will see the deck which is a great spot for entertaining. The mature trees are perfect for providing shade and privacy. An extra bonus is that the roof was replaced in 2013 with architectural shingles. Don’t let this home pass you by.   Click Here For Additional Photos and More Information

If you have any questions about this home please contact PRODUCER Realty at 864-438-5050 or visit out website www.GreenvilleRealEstateHub.com.

Aug. 8, 2018

Greenville County Schools: Elementary, Middle and High School

The area of Greenville is a growing population, which means that the number of schools continues to grow. School will be starting up again soon so to get an idea of the schools in each area, we made a list of schools close to downtown Greenville, on the outskirts of Greenville, near Travelers Rest, Taylors, Greer, Mauldin and Simpsonville. We included the number of students at the school as well as their rating according to greatschools.org. Keep in mind that these ratings are based off only college readiness, test scores, equity overview, advanced courses and attendance flag. It is recommended that parents schedule a tour of the school before they rule out any.

Elementary Schools                           Middle Schools                             High Schools

Close to Downtown

Monaview: 597 – 4                  Greenville Academy: 832 – 8             Greenville: 1,459 - 9

AJ Whittenberg: 565 – 7          League: 822 – 6                                       Berea: 1,050 - 4

Augusta Circle: 555 – 7           Berea: 737 – 4                                                

Summit Drive: 442 - 7

Alexander: 405 - 3

Armstrong: 428 - 5

Berea: 459 - 5

Cherrydale: 661 - 3

Duncan Chapel: 658 - 6

East North Street Academy: 789 - 6

Hollis Academy: 685 - 4

Stone Academy: 630 - 7

Elementary Schools                           Middle Schools                             High Schools

Outskirts of Greenville

Lake Forest: 844 – 5                  Lakeview: 606 – 1                  Wade Hampton: 1,753 - 7

Mitchell Road: 609 – 7               Hughes Academy: 1,019 – 4              Southside: 732 - 2

Pelham Road: 764 – 8               Tanglewood: 685 – 2                             Carolina: 753 - 1

Sara Collins: 868 – 6                  Beck Academy: 944 – 7                                 

Blythe Academy: 924 – 5           Sevier: 749 – 6                                                  

Welcome: 722 – 3   

Thomas E. Kerns: 652 - 3   

Westcliffe: 298 - 8                                                                                                                                       

Elementary Schools                           Middle Schools                             High Schools

Near Travelers Rest

Gateway: 749 – 5                       Northwest: 826 – 4                  Travelers Rest: 1,192 - 5

Heritage: 710 - 5

Elementary Schools                           Middle Schools                             High Schools

Near Taylors

Brook Glenn: 445 – 7                   Northwood: 861 – 6                        Eastside: 1,484 - 7

Bushy Creek: 878 - 8

Mountain View: 856 - 8

Paris: 688 - 8

Taylors: 754 - 7

Tigerville: 279 - 9

Elementary Schools                           Middle Schools                             High Schools

Near Greer

Buena Vista: 905 – 8                     Greer: 945 – 4                                     Greer: 1,208 - 5

Chandler Creek: 966 – 5               Blue Ridge: 904 – 8                      Blue Ridge: 1,118 - 5

Crestview: 709 – 4                        Riverside: 1,116 – 9                         Riverside: 1,739 - 7

Skyland: 783 - 9

Woodland: 1,085 - 7

Elementary Schools                           Middle Schools                             High Schools

Near Mauldin

Oakview: 1,012 – 8                      Mauldin: 999 – 6                             J.L. Mann :1,911 - 6

Monarch: 953 – 10                       Langston Charter: 450 – 10               Mauldin: 2,374 - 6

Bell’s Crossing: 977 – 8               Dr. Phinnize J. Fisher: 1,037 - 8  

Bethel: 957 - 6

Grove: 691 - 3

Greenbrier: 786 - 6

Robert E Cashion: 698 - 5

Mauldin: 965 - 5

Elementary Schools                           Middle Schools                             High Schools

Near Simpsonville

Rudolph Gordon: 870 – 8              Hillcrest: 955 – 7                               Hillcrest: 2,171 - 6

Simpsonville: 810 – 6                    Bryson: 970 – 6                             Woodmont: 1,805 - 4

Plain: 936 – 9                                Woodmont: 658 - 6

Bryson: 923 – 6                             Ralph Chandler: 739 - 7

Fountain Inn: 731 – 5                                                     

Ellen Woodside: 681 - 6

Fork Shoals: 739 - 7

 

Found a school that you love and have interest in buying in that area? We would be more than happy to help. The PRODUCER Realty Team has over 20 years of experience in Real Estate. Our company offers a free buyer's consultation where you come in and sit down with a realtor and they will pull up homes that meet your search criteria on a big screen allowing them to understand exactly what you are looking for in a house so we can better help find you the perfect home. We deliver exceptional results for our clients by providing world class service. Call PRODUCER Realty today at 864-438-5050.

 

 

 

 

Aug. 7, 2018

19 Spring Walk Way Greenville 29605 Homes for Sale

Located in Greenville, this is the home that you have been searching for! This beautiful 3 bedroom, 2.5 bath home at 19 Spring Walk Way is situated in the Reedy Falls subdivision near West Georgia Road. The subdivision features a covered picnic area with grills as well as a playground and a large field perfect for families.                                                                                      Click Here for Additional Photos and More Information

As you step into the home your eyes will be drawn to the elegant laminated flooring. Walking through the arched entryway you will see that the home has a very open floor plan. The spacious entry foyer opens up to the Family Room, Kitchen and Dining areas. The Kitchen features double pantry closets, stainless steel appliances, glass tile backsplash, plenty of counter space with a bar counter.

Upstairs you are greeted by the large loft area which can be used for many different things such as a kid’s play area or an office. The Master Bedroom features a vaulted ceiling and the updated En-Suite. The En-Suite features an upgraded double sink vanities, tile flooring and a large walk-in closet. The two other Bedrooms share a Full Bath. These Bedrooms can be used as a child’s room, guest room or an office.

Click Here for Additional Photos and More Information

Step out the backdoor and you will find the 12x12 patio that will be great for entertaining or relaxing. The Roof was recently replaced with architectural shingles. This home is located on a cul-de-sac street, and is possibly eligible for 100% USDA rural development financing... Don't Miss Out On This One!!

If you have any questions about this home, please give us a call at 864-438-5050 and we will be happy to assist you.

July 31, 2018

Greenville South Carolina Local Colleges

Can you believe that school is starting just right around the corner! Many of you have children that are in elementary all the way to high school, but some of you might even be having your kid go off to college or in the process of thinking about colleges. This can always send a parent in worry overload, so in order to ease some of the comfort we thought it would be a good idea to provide brief descriptions of some of the local colleges. Now there are 29 colleges within a 50-mile radius of Greenville, so we will cover the primary colleges. The majority of these schools have fantastic programs for transitioning into college, so that way you and your child can take down your stress levels a notch. 

Clemson University is one of the best schools in South Carolina. Clemson is also very popular as many of you know how great their football program is. The school has over 80 undergraduate majors and 110 graduate degree programs, so you can study just about anything here. The location is right by the North side of Lake Hartwell. On average there are 23,000 students. Tuition per year runs around 15K, so it’s very wise to apply for FAFSA, scholarships and grants. They have several different options for student housing. The first year you can only stay in certain communities, but after that it’s your choice out of 24 residence halls. If you break down the cost, the student will be paying between $430 - $1,100 a month. They also have several options for dining plans and have a whopping 18 dining facilities. The cheapest being 30 meals per semester costing $645 ranging all the way to unlimited meals and 15 guest’s meals costing $2,215 for that semester.

The University of South Carolina Upstate is also well known. The Upstate Campus is a branch off of the main Campus in Columbia. The Upstate Campus is located in Spartanburg. The most popular areas of study are arts and sciences, nursing, education then business. The Mary Black School of Nursing is part of this college and is a highly sought out after field. The school enrolls a little under 6,000 students a year. Tuition is billed every semester. For a full-time student, 12-16 credit hours, the tuition is $5,604 per semester. First year students are required to live on campus for the first fall and spring semester. Prices per semester range from $2,555 to $3,295 depending on which place you choose to live. There are three different meal plans ranging from $1,353 to $1,612 per semester.

North Greenville University is a Christian school that ranks #5 out of South Carolina’s best colleges. The college is located North of Greenville, past Travelers Rest. There are many different degree paths you can take at this University to include business and sport professions, Christian studies, communication, education, fine arts, humanities, science and math. The school only enrolls around 2,500 students a year allowing the teacher to student ratio to be smaller and more ability to help the students with questions. A full-time students tuition is $9,875 per semester. Housing cost $2,450 and the meal plan allowing 20 meals per week costs $2,670.

Bob Jones University is another Christian college in Greenville. Since it’s a Christian college, the main areas of study is ministry, but there is also arts, science and nursing. The enrollment for each year averages 2,400 students. The teacher student ratio is only 12:1. Tuition costs $8,625 per semester. Room and board is about $3,500.

Another college right in Greenville is Furman University. This University has over 60 programs to choose from focusing in the liberal arts and sciences. Furman University enrolls less than 3,000 students each year. An average class size is only 19 students which once again provides more attention to the students needs. This school is high ranking, so tuition is the most expensive estimating about 49K a year. Average housing costs are $7,680 a year and unlimited food plan is $5,578.

Greenville Technical College is a great choice because there are several different programs of study. The two primary programs with many different degrees under each are the Health and Wellness Program and the Technology Program. There are four main campuses with an enrollment of almost 12,000 students. The main, Barton Campus is located right near downtown Greenville. The Benson Campus serves Greer and Taylors, the Brashier Campus serves Mauldin, Simpsonville and Fountain Inn and the Northwest Campus serves Travelers Rest, Berea and West Greenville. Tuition is also reasonable. Students who live in Greenville County and taking a full class load each semester (12 credits) would cost them $2,295. Any student who applies to FAFSA and meets the requirements can receive lottery funds meaning that it would only cost them $1,155 each semester. Plus, applying to FAFSA often results in grants meaning even more of a reduction in tuition. There is student housing, but it is limited. Honestly, most students and parents find it more reasonable to live at home or either get an apartment.

Now that you know a little about each of the main campuses around Greenville you have more of an understanding of costs, location and student living. Costs can be intimidating, but there are always ways to decrease those amounts such as using FAFSA and applying to scholarships.

If you plan to live off campus and have any questions about real estate in Greenville, SC or the surrounding areas, please give us a call at 864-438-5050 and we will be happy to assist you. Visit www.GreenvilleRealEstateHub.com for more information on local real estate.

 

July 24, 2018

Thinking about Refinancing your Mortgage?

Are you thinking about refinancing or wondering what the benefits might be to refinance? The many reasons people refinance their loans are to get a lower interest rate, covert from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage, or vice versa, shorten the term on the mortgage, tap into the home’s equity to finance a larger purchase, and the desire to consolidate debt. The sole purpose is to save money, but this is not necessarily always the case. Refinancing does not come free and has many costs associated with it, so doing your research and determining if refinancing is truly a benefit is vital.

Interest rates are the primary reason people refinance. A 3.875% fixed rate of a 170K loan equals out to be more than $500 in interest each month! That $500 is solely interest, nothing to do with an actual house payment. Todays rates are typically in the 4-5% rates, so imagine the interest. If you see that the rates are dropping and get to the point where the interest rate is at least 1% lower than your rate, it might be a wise decision to refinance.

Converting from ARM to a fixed-rate or vice versa is another factor. Interest rates fluctuate based off of the economy. A good real estate tip is to compare interest rates to interest rates within the past 12 months. If you believe you have a decent rate, it’s advised to go with a fixed-rate mortgage because you never know when the rates might increase. On the other hand, an ARM could decrease, increase or stay the same each month. People who choose this option typically don’t plan to stay in the home for very long and use this option because the rates tend to be lower than a fixed-rate. If you had chosen ARM and ended up staying at the property longer than you thought and the rate is a lot higher than the current fixed-rate, it may be wise for you to refinance to a fixed-rate.

Shortening the term of the mortgage can drastically decrease the amount of interest you are paying overtime. Keep in mind that if you go from a 30-year-fixed-rate to a 15-year-fixed-rate, your monthly payment will be higher. The smart option is to do this while the current interest rate is lower than your original rate. There is another way to shorten your mortgage without having to refinance and paying all the fees. It is simply where you prepay your mortgage. Each month instead of paying that $900 where only a few hundred goes to principle, pay $1500 or whatever extra you can afford. That extra money you put in goes just towards principle. You might not think it will make a big difference, but a little bit more each month will add up overtime and save you a large sum on interest.

Even though all these options could potentially save you a lot of money, you have to keep in mind that refinancing means paying that 3-6% of the loan’s principal, doing another appraisal as well as application and title fees. You could also be paying more in the long run. For example, if you have been paying on your 30-year-fixed-rate loan for five years and then you refinance for the same loan with a lower interest rate, it could decrease your monthly payments, but you also just gained five years back. These are the type of things you must keep in mind when determining the benefits.

A mortgage lender will always be there to help guide you through the process, but it’s always good to be educated and know all of your options.

If you have any interest in buying or selling, we would be more than happy to help. PRODUCER Realty can get your home sold in less time and for top dollar. We deliver exceptional results for our clients by providing world class service. Call PRODUCER Realty today at 864-438-5050.

July 16, 2018

June 2018 Greenville SC Real Estate Market Report

Navigating the real estate market, researching statistics, and making an informed decision based upon those findings can offer a more refined decision in the Real Estate process, whether you are a home buyer, seller, or investor. At PRODUCER Realty, we rely heavily on relevant market data and trends in the real estate market when determining the value of a home. As Expert Advisors, we understand that the real estate market is always changing, and we strive to stay up to date with the trends to better serve our client's needs.  

The Greater Greenville real estate market continues to grow and change, month-by-month and year-by-year. This year compared to last year, sales are up 1.3% with 1,371 homes being sold in June 2018 as opposed to the 1,353 homes sold in June 2017 in the Greenville SC real Estate market.

The sale price in June 2018 has gone up more than $10,000 since June 2017. June 2018 has seen an average sale price of $249,268 compared to the $238,613 average sale price of June 2017, making the value of owning a home or investment property in the Upstate of SC a wise and gainful decision.

The Greenville SC area is heralded as a prime relocation spot in South Carolina due to aspects such as the strong economy. The Bureau of Labor and Statistics reports that the national average for unemployment is at 3.6%, but Greenville County continues to fall below that at 2.6%. The availability of technical, engineering, and health care jobs continue the economic growth for this metro area. In turn, the real estate market outlook is positive and substantial growth is expected to continue for Greenville County SC.

If you are interested in gaining more knowledge concerning the Greater Greenville SC area market, we are only a call away. Whether you are a home buyer, investor, or are interested in placing your current property on the market, our team can not only inform you, but also make your transaction a profitable one. Feel free to contact our team at 864-438-5050 or visit us at www.GreenvilleRealEstateHub.com

Make sure to keep up with the PRODUCER Realty team. "Like" us on Facebook, and follow us on PinterestTwitter, and Instagram.

Want to find out how much your home is worth? Click below to use our ground breaking property evaluation tool and get your home value in less than a minute.

 

 

July 10, 2018

How Does a Buyers Agent Get Paid in a Real Estate Transaction?

July 6, 2018

107 Asteria Street Greenville 29607 Homes for Sale

Looking for a great home just minutes away from downtown Greenville? Look no further than 107 Asteria Street. The sought-out after Arcadia Hills Subdivision is conveniently located near restaurants, shopping, schools, entertainment and so much more.

Click Here for Additional Photos and More Information

This three-bedroom, two bath home is ideal for those who work downtown. The large, 25 x 08 foot front porch is a perfect place for some rocking chairs to relax in. As you enter the home you will find the front hall closet on your right and the stairs on the left. There is a Bedroom and a Full Bath on the main floor. This room could be used as an office, bedroom or guest room. The Kitchen features new appliances, lots of cabinets and a large island. The Dining Room looks out over the front porch. There is new carpeting throughout the home.

Click Here for Additional Photos and More Information

As you walk to the Living Room you will notice the two pillars which adds more elegance to the home. The Living Room features many windows providing natural lighting. As you head upstairs you will find the other two Bedrooms. Both rooms share a Full Bath. The Master is on the left which features a large walk-in closet. If you head outside, the front porch wraps around to the side of the house where you will find the fenced in backyard plus a storage area.

Click Here for Additional Photos and More Information

Don’t miss out on the chance to live just minutes away from downtown. This home will not last long. If you have any questions about this home please contact the PRODUCER Team at 864-438-5050 or visit www.GreenvilleRealEstateHub.com.

June 27, 2018

Loan Options for Buying a Home

Thinking about buying home, but not sure what type of loan you should get? Here is a breakdown of the four types of loans.

A conventional loan is a home loan not insured by the federal government. You will need to have good credit to use this type of loan. A score of 620 is the minimum credit score you can have. A conventional loan is also the only option for investors; people who want to buy a property that isn’t their primary residence. A down payment of anywhere from 5-20% may be required. If you put 20% or more down you will not pay mortgage insurance which is a huge plus. If you don’t have that much to put down, you will pay premium mortgage insurance (PMI), but only until the mortgage is less than 80% of the value of the home. The PMI that you do pay would still be cheaper than a FHA loan. The PMI would be .5% to 1% of the loan amount each year. A negative aspect to conventional loans is that the interest rates tend to be higher. Also, the maximum loan that you can take out is only $453,100.

An FHA (Federal Housing Administration) loan is managed by the Department of Housing and Urban Development, which is part of the federal government. The plus side for this type of loan is that you may be approved for a loan with a credit score as low as 580. Also, the down payment can be as low as 3.5% of the purchase price. The downfall is that you will have to pay PMI for the entire life of the loan, no matter how much you put down. With FHA loans, you have to put down 1.75% of the loan amount upfront and then pay .45% to 1.05% each year for PMI. FHA loans do have a limit of how much you can borrow, which is determined by the county. If you plan to use a FHA loan, that property must be for your primary residence.

A VA (Veterans Affairs) loan is a great option for anyone who has served in the military as well as their family members. It is similar to an FHA loan, except you can finance 100% of the loan, meaning no down payment. Keep in mind that putting money down is a good thing since you wouldn’t be putting interest on it, saving you money in the long run. With a VA loan, you also don’t have to pay mortgage insurance which is a great benefit. You do however have a VA loan fee of .5% to 3.3% of the home value, which can be added to the loan. The funding fee is exempt for veterans with any percentage of VA disability as well as surviving spouses. Another great benefit to using a VA loan is that you get the lowest interest rate of all four loans.

A USDA (United States Department of Agriculture) loan is only for rural residents who have a steady, low to moderate income and were unable to obtain housing through a conventional loan. Your income can not exceed 115% of the adjusted area median income which is defined by county. This type of loan also doesn’t require a down payment, but does have PMI.

A mortgage lender will always be there to help guide you through the process and pick the right loan, but it’s always good to be educated before going into a deal.

If you have any interest in buying or selling, we would be more than happy to help. PRODUCER Realty can get your home sold in less time and for top dollar. We deliver exceptional results for our clients by providing world class service. Call PRODUCER Realty today at 864-438-5050.