The Buyer's Broker of Greenville, SC
In this Issue
May Market Update
Mortgage Rates Trend Higher
Water is the Enemy
Search for Homes
House Plans Radio
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The Buyer's Broker of Greenville  

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

Helpful Hyperlinks

 County Bank Logo    

  

Call JD Nelson at 864-331-2212

[email protected]

CountybankMortgage.com

    



Dear , Bennett and I traveled to Virginia last week with his 8th grade class and fifty chaperone parents. We visited Jamestown and Colonial Williamsburg for the educational part of the trip and Busch Gardens for the fun part (depending on your perspective). The days were very long and the nights were very short but I must admit we created great memories that will last a lifetime.  

 

I hope you enjoy this month's newsletter and I hope you will forward it to your friends, family, and colleagues who may be thinking about buying a home in the Upstate. All my best, Keith (420-0262)  

May Market Update  

The number of transaction in April was up 10.4% over last year, but the rate of increase was not quite as robust as it has been earlier in the year. There is significant upward price pressure as low inventory has become a serious problem for buyers (and me). The overall outlook for the market is very good but continued low interest rates and investor participation concern me. 

          

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.
MCLEAN, VA--(May 14, 2015) - Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey� (PMMS�), showing average fixed mortgage rates following 10-year Treasury yields higher and rising for the third consecutive week. At 3.85 percent, the average 30-year fixed-rate mortgage is just below the high for 2015.

30-year fixed-rate mortgage (FRM) averaged 3.85 percent with an average 0.6 point for the week ending May 14, 2015, up from last week when it averaged 3.80 percent. A year ago at this time, the 30-year FRM averaged 4.20 percent.

15-year FRM this week averaged 3.07 percent with an average 0.6 point, up from last week when it averaged 3.02 percent. A year ago at this time, the 15-year FRM averaged 3.29 percent.
 View the Survey
Think you're saving on your heating bill by keeping it at a constant 68 degrees? You're not, and here's why. It's easy to imagine your energy bill going sky-high when you hear your furnace fire up. That's the reason so many people believe keeping a steady temperature of 68 degrees is the key to energy savings. But that's a myth. In fact, the lower the temperature, the slower your house loses the heat. And that keeps your hard-earned money from floating out the door. So if you truly want to see your heating bill drop, you need to turn down the temperature another 10 or 15 degrees for eight-hour stretches on a regular basis -- like when you're at work, sleeping, or out of town. Read the Full Article
Our Home Search Engine delivers up to date MLS data in an easy to use interface. The data is imported directly from our MLS data feed so you can have the best consumer search experience. If you would like 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