Dreamfinders Real Estate

Homes for Sale in Easley, SC - Market Update

Housing Market Report for Easley, SC - March 2010

There are 547 homes on the active market in Easley, SC today.

There are 61 additional homes pending sale in Easley, SC at the moment.

51 homes were sold in Easley, SC during March.

During March, 32 properties expired, or came off the market without selling.

With 547 homes available and 51 sold last month, we have 10.42 months' inventory on the market today in Easley. That's not terribly high compared to many areas of the country. Prices are generally holding steady, as well, but NOT increasing yet. It is an incredible time to be selling a home between $100,000 and $150,000, and a good time to sell any home up to $300,000. The higher end market has not returned yet, but indications are that $300,000 to $500,000 will return within the next six months.

If you have questions about any of these numbers or want to talk about the value of your house (or your dream house), please call me today at 864-607-1189. And remember, I am here to help you and your friends and family with ALL your real estate needs - just call or email at hmwest@gmail.com.

Open Houses in Easley, SC have never been done like they will be the weekend of April 11, 2010. This weekend has been designated "Open House Weekend" by the National Association of Realtors. Houses all over Easley will be open - if you like to preview houses without all the pressure, this will be a good weekend to start looking!

Dreamfinders Real Estate Group, Inc. will be holding 3 houses open on Sunday, April 11, between 1 and 3pm. The first of our open houses in Easley, SC will be at 741 Shefwood Drive in Middlecreek. This gorgeous brick 4 bedroom home boasts over 3000 sq ft, formal dining room, living room and separate media room, spacious kitchen with granite countertops, and master suite fit for a king! Middlecreek neighborhood features an active HOA with events for all seasons, a community pool, tennis courts, walking trail and indoor exercise facility. Drop by 741 Shefwood Drive on April 11 and take a look.

Our second and third open houses in Easley, SC on April 11 will be in the Hickory Run neighborhood of Powdersville - numbers 113 and 123 Pin Oak Court. Both of these handsome homes are brand new with approximately 1500 square feet, 3 bedrooms and 2½ baths each. 123 Pin Oak has the master on the main level, as well, and both feature loft spaces for office or media areas. These homes are in the Meadow Ridge part of Hickory Run, where the HOA fees cover all lawn maintenance as well as the community pool. Both of these homes are investor owned and available for rent or for sale.

Dreamfinders agents look forward to seeing you on "Open House Weekend" in Easley, SC! If none of these homes appeal to you, please come by our website and search thousands of other homes available for sale or rent today! You can reach Heather directly at 864-607-1189 or hmwest@gmail.com for more info on these homes.

In a normal market in upstate SC, the best time to sell is spring. I tell clients to plan to list their home in January and expect to sell by June. Even new agents and part-time agents have good numbers in the spring. The grass is green and everyone's thinking about change, executives that have been transferred are looking to move their families closer by when school gets out, and houses are just prettier with flowers blooming and birds chirping.

2010 will be different, however. In 2010, I think spring will be the ONLY time to sell. The tax incentives that reduce what buyers are paying for your home (and inflate your price) will expire April 30^th. The fed is already talking about raising the rates banks can borrow at, which effectively reduces the amount of money any buyer can spend for the same house. (http://online.wsj.com/article/SB125995995923777183.html?mg=com-wsj) And the Fed Reserve Program that has been buying mortgage backed securities and keeping rates low will expire on March 31^st, 2010. So you can imagine that on May 1^st, 2010 the market will drastically change - first time home buyer houses get $8,000 more expensive, all other homes get $6500 more expensive, and rates rise from below 5% to around 7% (by industry estimates). An $800 payment that buys $157,000 house on April 30^th (5% interest and $8,000 down) only purchases $120,000 house on May 1^st (7% and $0 down). Does that mean your house is worth less overnight? Maybe not immediately by appraisal, but you can bet that purchases will slow down drastically until the "shock" of that changed market settles with buyers.

So if you're thinking of selling before 2011, you need to get your home on the market in the next few weeks to get the best price. Give us a call and we'll be happy to come take a look and tell you what you can do to help your home bring the most money, what your home is worth in this market, and talk you through the process of getting it sold! You can reach Heather at 607-1189 or Ty at 230-2070. We can't wait to help make this move smoother than your last!

Middlecreek is a quaint neighborhood in Easley, SC that boasts about 200 homes. It has one of the most active HOA's in the area, with constant activities for families. Each summer, the pool is lifeguarded by a qualified teenage resident, and there are neighborhood events for each season - an easter egg hunt, a parade of children trick or treating that's unmatched, and many other gatherings.

The official neighborhood amenities include (see pics below):

• neighborhood pool with lifeguard
• walking path
• clubhouse with fitness room
• tennis courts
• fancy entrance with sprinklers

The public schools for Middlecreek (as of 9/15/08) are Forest Acres Elementary, RH Gettys Middle School, and Easley High School. All are well thought of in Easley (my children are at Forest Acres now), with active PTA's and Booster Clubs.

For more information on this neighborhood or to find out what's available to puchase, call Dreamfinders today at 864-607-1189. There are several homes and two lots to choose from as we speak.

If you find yourself with free time during the evenings this week, we're having an area-wide Southern Baptist Revival tonight through Wednesday, September 17th. It's hosted at Rock Springs at 7pm each evening. Pre-service music starts 30 minutes early. Dr. Sam Cathey will be the speaker Monday and Tuesday evenings, and Junior Hill will preach Wednesday. On Wednesday, there are pizza parties for kids 1st grade through high school with special guest speakers. We'd love to have you join us!! We had a wonderful service this evening.