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Real Estate Unicorns?
By Les Walden | May 30, 2023
Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Read More
More Jobs Means More Home Buyers
By Les Walden | May 23, 2023
Powerful Job Market Fuels Homebuyer Demand in Upstate SC The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data... Read More
Don’t Let Home Price News Reports Confuse You
By Les Walden | May 18, 2023
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report today. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices. The vast majority of the repeat sales indices show prices are starting to appreciate again. But the median price reported on Thursday may tell a different story. Read More