Why is the Market Hot in Summerville? If you listen to my two minute Summerville SC Market Report for July 2015 you will find out! The temperature is hot and the market is putting off the same kind of heat. We are seeing a huge increase in the amount of first time homebuyers entering the market. Homebuyers are being decisive and moving quickly in order to capture the rising interest rates and limited inventory. New homes are being built and inventory is rising, but homes that are priced correctly and in good condition are moving off the market in less than 20 days right now with sellers receiving 99% of their list price. (on average)
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