When Greenville COVID-19 lockdown measures first came into place during the spring, Realtors in the area prepared for the worst. Although when the lockdown started, many businesses went down. Fortunately, Greenville real estate business didn’t.
Many people thought that people didn’t go out to see other houses since everyone was at home. They were wrong. In fact, we buy houses Greenville was a popular slogan among cash home buyers during that period. Most real estate companies organized virtual tours for their clients, and whenever they put out a price, the price matched within the shortest time.
Undoubtedly, the pandemic opened a lot of opportunities for real estate growth in Greensville. Hence, we have come up with this article to enlighten you on why it is the right time to sell your house in Greenville. Let’s explore more.
When Is The Right Time To Sell Your Greenville Property?
Several people have sold their properties in Greenville over the last few months and commented on the high turnout of buyers within that area. These people have stated that once the house is listed on the market, many people will be rushing to see the property in person almost immediately. Even during the peak of the pandemic, people opted for virtual tours, which led to many clients putting down deposits for the home.
When we take a good look at the number, we can see that in 2020, the average home in areas within and outside Greenville sold for 10% higher than the original price. Even if it might have taken a slight dip due to the pandemic, it has bounced back better and faster.
However, at the start of June, just as mortgage interest rates reached another all-time low, lockdown measures were eased across South Carolina. Furthermore, home sales in Greenville skyrocketed to 1,564 for the month. July saw similarly high numbers, with 1,554 homes sold. And early figures from August appear to match or beat figures from the previous two months.
However, in 2021, the real estate market in Greenville has shown a lot of promise because the market experienced a steady rise in the last months of 2020.
Reasons Why You Need To Sell Your Greenville Property Right Now
High Buyer Demand
The impact of the pandemic and the reduction in the mortgage rates caused a spike in buyer interests. It is why a lot of people want to invest in Greenville real estate property. Thus, if you have a property in this area, you will get the best deals.
The buyer demand in this part of the state is vast, and it is projected that in a few years, many people will want to buy houses in Greenville with the rise in technology and manufacturing in that area. Since the buyer demand is growing, you should take good advantage of the opportunity.
High Value For Your Home
Sell Your Home To A Professional Homebuyer
The best way to take advantage of this opportunity is to sell your home to the right cash home buyers instead of listing on the local real estate market. When you sell to home buyers, you don’t have to spend extra on renovations and repairs. Also, in the end, you won’t have to share the proceedings with a third party, unlike selling with the help of a real estate agent.
However, the best time to sell your house in Greenville is now. Make good use of this opportunity and get a fair deal for your house so you can move on with other things.
