In this Issue
2015 Market Update
Mortgage Rates Fall Further!
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GreenvilleBuyersAgent.com
House Plans Radio
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The Buyer's Broker of Greenville  

   The Buyer's Broker, Inc.
   Keith Clark  Broker/Owner
www.GreenvilleBuyersAgent.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 

    


Helpful Hyperlinks
Dear , I hope you had a terrific Christmas and your New Year is off to a great start. This is the time of the year when I evaluate last year's performance, set goals for the new year, and recommit myself to over performing for each and every client. I'm starting my 27th year as Greenville's most experienced buyer's agent. and I hope you will share that information often this year!

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)

2015 Year in Review Market Update  

Wow! The number of transactions this year was 10,591 which surpassed the all-time record of 10,388 set in 2006. It is remarkable that the real estate market went from 6700 transactions in 2011 to 11,591 transaction this year. I expect the pace of activity to continue to accelerate during the first half of the year and then soften during the second half of the year. My annual predictions have been on the money the last three years so we'll see if I'm as smart as I think I am.      

            

1. Cumulative MLS Statistics 

 

2. December MLS Statistics

 

3. Year to Date 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.
Freddie Mac released the results of its Primary Mortgage Market Survey showing mortgage rates moving lower with the 30-year fixed-rate declining for the second straight week.

30-year FRM averaged 3.92 percent with an average 0.6 point for the week ending January 14, 2016, down from last week when it averaged 3.97 percent. A year ago at this time, the 30-year FRM averaged 3.66 percent.  

15-year FRM this week averaged 3.19 percent with an average 0.5 point, down from 3.26 percent last week. A year ago at this time, the 15-year FRM averaged 2.98 percent. 

5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.01 percent this week with an average 0.4 point, down from last week when it averaged 3.09 percent. A year ago, the 5-year ARM averaged 2.90 percent. Review the Survey 

I retooled all of my technology last year and one of my favorite improvements is my mobile app. This app is fantastic and it has a great feature that allows you to see everything on the market around you with one touch of the icon. It gets a direct data feed from the MLS so the information is accurate and reliable. Everyone should have this app on your phone whether you are in the market or not. Click on the link below and download it, I promise you'll love it. 
http://m.ggar.com/GGARKeith/     
If we can't talk you out of buying the house, then it's probably the right house! What does this have to do with evaluating property? When you are preparing to make an offer on a home you want to know the negatives as well as the positives. Our clients usually recognize the positive characteristics of a target property and it's our job to make sure they know the negatives. Negatives like overpricing, functional obsolescence and evidence of hidden defects. Buying the right home, at the right price, on the right terms is always our objective. Click on the link below and view the Video!

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