In the April 2009 issue of Money Magazine, they had a story entitled: When Will Home Prices Hit Bottom, Already?
Overall the article is pretty interesting, and they actually mention Greenville, SC in the article itself (apart from just the map). On the map itself, they show that the Greenville metro area will be one of the quickest markets to recover, 2nd Quarter 2009 is their prediction. They also project that the median home price will fall in our area by 0.2% over the next 12 months (the footnote states that 12 months is 1st quarter 2009 to 1st quarter 2010).
They're using the median price of a single family home from 3rd quarter 2008. They state that this median price was $157,000 in 3Q08.
Cameron J. Keegan - Realtor, ABR, ASR
Prudential C. Dan Joyner Realtors
Greenville SC Real Estate