info@carolinamountainre.com
    (864) 610-0775

Carolina Mountain Real EstateCarolina Mountain Real Estate

Luxury Properties of the Carolinas and The Cliffs Real Estate

  • Property Search
  • Communities
    • Cliffs Valley
    • Cliffs at Glassy
    • Cliffs at Keowee Falls
    • Cliffs at Mountain Park
    • Cliffs at Keowee Springs
    • Cliffs at Keowee Vineyards
    • Crescent Mtn Vineyards
    • Montebello
    • Preserve at Rock Creek
    • Reserve at Lake Keowee
  • Featured Properties
    • Commercial Properties
    • The Cliffs Lots for Sale
  • Partners
    • Arthur Rutenberg Homes
    • Dillard Jones Builders
    • Fairview Builders
    • Milestone Custom Homes
    • Morgan-Keefe Builders
    • Villa Verona Design
  • Area Info
    • Greenville SC
    • Asheville NC
  • About Us
    • Contact Us
    • Meet Our Team

Freddie Mac States That the Housing Market is Stronger Today

The market giant Freddie Mac stated in a recent blog post that the “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009.” Of course, what is a quote with out proven statistics to back it up?

  • The Cliffs Home sales are up a whopping 13% since their 2009 low point
  • New Home Construction is up 50% since they hit rock bottom
  • Housing prices nation wide have risen a cumulative 16%

FreddieMac did then go on to state that they believe 2014 will improve, not as much as we saw in 2013, but it will improve dramatically.

  • The Cliffs Home sales should improve by 3%
  • 20% increase in new home construction, helping out tighter inventory
  • The Cliffs Home values will improve as well

From the vice president and chief economist of FreddieMac, Frank Nothaft, went on to specify “Tight inventory may pose a significant challenge for home buyers in many markets across the country, which may result in higher home prices and sales being lower than expected. This is good news for those markets that have room to run on the house price appreciation front, but it’s also going to increase the affordability pinch in many markets, especially along the country’s east and west coasts. Two indicators that are supporting local housing activity are rising consumer confidence and declining unemployment rates.” When looking at all of the statistics and seeing what the chief economist are saying, this looks like the perfect storm for the housing market to continue on upward. The Cliffs Real Estate is getting hotter as the summer starts to heat up and now is the time to look to list or find that dream home you have had your eye on.

Posted in: Blog Tagged: carolina mountain real estate, greenville luxury homes, greenville luxury real estate, greer homes for sale, greer luxury homes, greer luxury real estate, greer real estate, south carolina luxury homes, south carolina luxury real estate, south carolina real estate, the cliffs luxury homes, travelers rest luxury homes, travelers rest luxury real estate, travelers rest real estate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Post navigation

« Weekend Tips To Increase Your Travelers Rest Home Value
Should You For Sale By Owner In The Cliffs? »

About Us

Carolina Mountain Real Estate is a boutique real estate firm where every decision is centered on developing personal relationships based on honesty, integrity and real estate professionalism. We offer a seasoned sales and listing staff with a combined total of 50+ years of experience.

Contact Us

3598 Highway 11, Suite 108
Travelers Rest, SC 29690
 
(864) 610-0775
 
info@carolinamountainre.com

Search Tools

Basic Search

My Account

Advanced Search

Home Valuation

Map Search

Mortgage Calculator

Information contained in this web site is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal notice. Prices and availability subject to change. All specifications supplied by builder/seller, and subject to change or modification. Membership classification and availability are subject to change. It is the responsibility of the buyer or buyer's agent to verify.
- W. David Robertson, Broker-in-Charge / Carolina Mountain Real Estate, LLC

© 2023 · Equity Framework / Log in