| In a time where people are wondering what the | | | | this mean for buyers and sellers in the Greenville |
| decline in the real estate market will have on the | | | | market?" What it means is there is going to |
| nation in terms of effects, buyers are also | | | | continue to be excellent value to be found in and |
| seeking out areas that have not been hit as hard | | | | around Greenville and the economy to support a |
| as others. Across the nation real estate investors | | | | growing population. If a large scale economic |
| are starting to sweat as they see the demand | | | | slump is going to cause a softer economy then |
| for homes in the elite areas going down in favor | | | | the solid economy in South Carolina will ensure |
| of more stable and suburban areas. Areas such | | | | that the business sector stays strong and vital |
| as Greenville, SC. One aspect of Greenville that | | | | while the effects of that strength can bolster a |
| has helped it to retain a strong real estate sector | | | | community from the ground up. |
| is the diverse economic core which is currently | | | | One must ask: "What is it that has caused the |
| one of the best performing economies in the | | | | slowing of the national real estate picture?" Did |
| nation. This is a refreshing statistic to business | | | | prices finally just get so high that the average |
| owners and residents of the Greenville area as | | | | home buyer can no longer reasonably afford a |
| media is full of stories about the reclining | | | | home? Did supply out-distance demand? Do some |
| economy and the crumpling of big name real | | | | sellers simply refuse to acknowledge that they |
| estate markets. | | | | are no longer in control of the market? It really is |
| Even within the state there is a dramatic | | | | a combination of all of these things. The market |
| difference between the real estate markets. | | | | has definitely changed and in a state of evolution |
| Greenville's market continues to grow as coastal | | | | and buyers and sellers alike need to maintain a |
| areas and traditional vacation markets such as | | | | position of flexibility to prepare for whichever way |
| Myrtle Beach and Charleston are still in recession. | | | | the market fluctuates. |
| Of course the big question here is: "What does | | | | |