The Buyer's Broker of Greenville, SC
In this Issue
December Market Update
Lowest Rates of the Year
Signs of Settling
Home Search Engine
House Plans Radio
Join Our Mailing List

The Buyer's Broker of Greenville  

   The Buyer's Broker, Inc.
   Keith Clark  Broker/Owner
     www.GreenvilleSCHomes.com 
    Mobile Phone 864-420-0262
    Office Direct 864-271-4114  
 

 County Bank Logo    

  

Call JD Nelson at 864-331-2212

[email protected]

CountybankMortgage.com

    




Real Estate Links

Dear , I hope you are preparing for a few days of fun and relaxation with family and friends. It's been busy for me right up to the Holiday as we prepare for our annual trip to Amelia Island.  Bennett and SharpZ produced our electronic Family Christmas Card again this year. We hope you enjoy it and we would like to wish each of you a Very Merry Christmas and a Happy New Year!

 

All our best, Mary, Bennett, & Keith 

December Market Update  

The November numbers were about the same as last November which secured the gains of 2014. The number of transactions YTD is up 7.5% and the median price is up 4%. I expect we'll see a stabilization of the current numbers going into next year with the same demand for 2015 as 2014. I continue to be concerned about low inventory, investor participation, and the unintended consequences of historically low interest rates.  

         

1. Cumulative MLS Statistics 

 

  
  

We at The Buyer's Broker believe the more you know, the more you will want The Buyer's Broker of Greenville to represent you in your next real estate transaction.
The 30-year fixed mortgage rate dropped to its lowest point of 2014 this week. Mortgage rates fell along with 10-year Treasury yields, which closed at their lowest level since May 2013. November housing starts came in at a seasonally adjusted annual rate of 1.028 million starts, down 1.6 percent from an upwardly-revised October value. Housing starts for the calendar year will likely come in around 1.0 million, above the 2013 pace but lower than forecasters had expected at the start of 2014. 30-year fixed-rate mortgage (FRM) averaged 3.80 percent with an average 0.6 point for the week ending December 18, 2014, down from last week when it averaged 3.93 percent. A year ago at this time, the 30-year FRM averaged 4.47 percent. 15-year FRM this week averaged 3.09 percent with an average 0.6 point, down from last week when it averaged 3.20 percent. A year ago at this time, the 15-year FRM averaged 3.52 percent. Click Here to View the Survey
Settling is a term used to describe the natural changes that will take place in a foundation due to time and weather. I see settling in almost every home I view and just because I don't see it doesn't mean it's not there. Minor settling is usually evidenced by gaping in the miter joints where more significant settling is evidenced by cracking in the sheet rock and deflection in the flooring. If you have settling that you think may be more than just minor expansion and contraction call me and I'll give you more details on the next step in diagnosis and repairs. More on Settling from Ram Jack
Our New Home Search Engine delivers the most recent MLS data in an easy to use interface. The data is imported directly from an MLS data feed so you can have the best consumer search experience. If you want a Valuation of your current home just send me an email and I'll run our new RVM (Realtor Valuation Model) on line and email you a copy of the report.

House Plans Radio Show 

Listen to me on the radio every Saturday morning on House Plans. "House Plans" airs live on WORD, 106.3 FM locally from 8:00AM until 9:00 AM. JD Nelson, Chris Roberts, (Countybank Mortgage) and I discuss local, state, and national real estate issues along with a variety of mortgage topics. The debate is lively and callers engage the hosts with local real estate questions. You'll learn all about the current real estate and mortgage market. Click Here to Listen a Recent Show