The Market at a Glance

I did the research so you don't have to... 

Currently, the housing market is RED HOT. 

Record low mortgage rates an shortage of inventory has kept the united states housing strong with buyer demand. The current housing inventory is down 36.4% causing heavy buyer competition. While buyer activity slowed during the beginning of the pandemic it has since rebounded, buyers are moving fast, and homes are getting multiple offers and most are selling above list price. In the US during the month of July 68% of homes sold were on the market less than a month. According to an article from Teresa Ghilarducci, the pandemic is driving people from our urban overpopulated cities into smaller rural communities. A fact that's present in the percentages for new york and new jersey, New Jersey having an 11% increase in comparison to New York 13% decline compared to last year. Suggesting many who are working from home find themselves in the market for a bigger home especially with record-low mortgage rates.

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Gwen Fowler-Brown

Gwen Fowler Real Estate, Inc
317 South Highway 11
West Union SC 29696
Serving Oconee County, from the banks of the Chattooga River to the shores of Jocassee, Hartwell & Keowee Lakes.

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Contact me about property in Oconee County, Seneca, Walhalla, Westminster, Long Creek, Salem, Mountain Rest, Richland, Sunset and Six Mile, SC.  2nd homes are our expertise. 

The best number to reach me at is 1-800-248-8950.

View our listings at www.CoolMountainEscapes.com