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More good news: Greenville posts 9th highest appreciation rate in US.

By
Real Estate Broker/Owner with RE/MAX Moves

Once again, the OFHEO (now the FHFA) released their House Price Index, which showed the Greenville-Mauldin-Easley MSA as having the 9th highest appreciation rate in the United States when comparing 3Q08 to 3Q07. 

According to this index, the appreciation rate in our Metropolitan Statiscal Area has amounted to the following:

Quarterly (2Q08 to 3Q08): -.61%
Yearly (3Q07 to 3Q08): +4.55%
5 year (3Q03 to 3Q08): +22.63%

Just like to share those tidbits of information with everyone, since a lot of what you hear in the media has little or no bearing on our local market.

Source: http://www.ofheo.gov/media/PDF/3q08hpi.pdf

View more Greenville SC Real Estate Statistics!

_____________________________________
Cameron J. Keegan - Realtor, ASR, ABR
Prudential C. Dan Joyner Realtors
Mobile: 864.238.7109
Office: 864.678.5373
ckeegan@cdanjoyner.com

 

Brian Belcher
RE/MAX Executive - Charlotte, NC
Charlotte Realtor

Hey, great post. Thanks for the information about your area.

Nov 25, 2008 02:10 PM