Dave Edwards

• In the month of December there was 481 units sold at an average price of $163,616 and a median price of $135,000. The average days on market for Greenville was 121. Approximately 89.2% of all sales were below $300,000 with the best price range being $80,000 - 140,000.
• There are currently over 5,300 properties on the market at an average price of $246,726 and a median price of $169,000.
• In 2011 there have been 6,395 units sold which is down 2.1% when compared to the same time frame of 2010. The average sold price has been $172,002 and the median sold price is $142,000. The average days on market was 113.
  

The state of South Carolina showed relatively no change in average personal income growth for the third quarter of 2011 and ranked 37th in growth in the United States, according to estimates released by the U.S. Bureau of Economic Analysis on Monday. However, South Carolina exceeded the national average growth in seven of 24 business sectors that were analyzed. The largest growth was seen in health care and social assistance, where the state realized a 1.6% increase compared with the previous quarter. The national average is 1.4%. The state’s increase represents $158 million above second quarter earnings. Read the entire article from GSA Business.

From WYFF.com:

Two different companies will be holding job fairs on Wednesday.

Bosch Rexroth is partnering with HTI Employment Solutions for a fair from 10 a.m. to 8 p.m. Wednesday.

The job fair is at the Embassy Suites on Verdae Boulevard in Greenville.

The company is looking for CNC machinists, maintenance technicians, forklift operators and mechanical engineers.

The other job fair is for the displaced Liberty Denim workers.

Last week, the Liberty Denim plant announced it was closing at the end of the year and 100 workers will lose their jobs.

Unemployment Help Offered For Laid Off Liberty Denim Employees

The job fair for those workers is Wednesday from 9 a.m. to 11 a.m. at the Rosewood Center in Liberty.

You will need a photo ID to get in.

Read more: http://www.wyff4.com/news/30036592/detail.html#ixzz1hBLg1fGX

Is it time to start investing in real estate? In the Greenville area there are over 300 properties that are priced below $50,000.

Investing in real estate does not mean that you have to do all the work, manage the property, etc. There are many ways to be a real estate investor. One way is to simply provide the capital to another who will then work to recoup your money plus pay you interest for that temporay loan.

Some benefits of real estate is that it allows for more control over expenses and income, decisions, and where to invest.

Take a look and see if any properties are near you!

Here is some additonal information about the Greenville real estate market. This is comparing November 2010 to November 2011.

• New Listings: Decreased 12.2%
• Pending Sales: Decreased 35.5%
• Closed Sales: Increased 8.6%
• Days on Market until Sale: Increased 2.4%
• Average Sales Price: Decreased 2.4%
• Months Supply of Homes for Sale: Decreased 12.1%