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