Dave Edwards

It will be interesting to see if sales will follow the pattern of last year.

Click here for chart

When it's time to buy or sell real estate in Greenville, SC you need to work with a realtor who is honest, trustworthy, and knows the market. The Dave Edwards Global Team makes a strong effort to keep up with Greenville, SC market trends by analyzing market information on a daily basis. Who do you know that needs to sell? Contact us today at 864.275.7250.

Based on sales by GGAR members.

Here is a chart showing the total sales for South Carolina from 1999-2008:

Click here for chart

When it's time to buy or sell real estate in Greenville, SC you need to work with a realtor who is honest, trustworthy, and knows the market. The Dave Edwards Global Team makes a strong effort to keep up with Greenville, SC market trends by analyzing market information on a daily basis. Who do you know that needs to sell? Contact us today at 864.275.7250.

Based on sales by SC Realtor Association members.

Thornbrooke subdivision in Greenville County:

When it's time to buy or sell real estate in Greenville, SC you need to work with a realtor who is honest, trustworthy, and knows the market. The Dave Edwards Global Team makes a strong effort to keep up with Greenville, SC market trends by analyzing market information on a daily basis. Who do you know that needs to sell? Contact us today at 864.275.7250.

Based on sales by GGAR members.

It has been estimated that 1.4 million buyers have taken advantage of the current $8,000 tax credit being offered to first time buyers and those who have not owned a home in 3 years. Assuming that each buyer has received the full amount then $11.2 billion dollars has been paid (1,400,000 x $8,000 = $11,200,000).

Now let's assume that each of these buyers only received $4,000 instead of the $8,000. This would mean that $5.6 billion has been paid out ($4,000 x 1,400,000 = $5,600,000).

This past week in Realtor Magazine it was estimated that only 357,000 buyers were motivated by the tax credit to go out and purchase a home. If the full tax credit was taken by each buyer then $2.8 billion was paid to these buyers. It's even lower if you assume they only received $4,000.

Potentially $8.4 billion has been paid to those who were not motivated by the tax credit. They would have bought a home this summer even if there was no tax credit. Do we really call this success? Should we even be trying to extend this tax credit? My verdict is in: This tax credit needs to stop now!!

When it's time to buy or sell real estate in Greenville, SC you need to work with a realtor who is honest, trustworthy, and knows the market. The Dave Edwards Global Team makes a strong effort to keep up with Greenville, SC market trends by analyzing market information on a daily basis. Who do you know that needs to sell? Contact us today at 864.275.7250.

Crisswood subdivision in Greenville County:

When it's time to buy or sell real estate in Greenville, SC you need to work with a realtor who is honest, trustworthy, and knows the market. The Dave Edwards Global Team makes a strong effort to keep up with Greenville, SC market trends by analyzing market information on a daily basis. Who do you know that needs to sell? Contact us today at 864.275.7250.

Based on sales by GGAR members.