If you’re considering selling or buying a house in South Carolina, it pays to research the latest housing market info. Prime locations, like Myrtle Beach or Columbia, are hot spots for buyers and sellers alike. There’s no doubt that “now” is a good time to list a home for sale or to buy your dream house.
If you’re a seller, you’ll be glad to know that nearly 19% of homes for sale in April of this year were selling for more than the list price. What does this tell you as a seller (or buyer, for that matter)? It means the real estate market is highly competitive in South Carolina right now, and that buyers are entering bid wars to make their offers the most attractive.
Demand is rising in South Carolina
The fact that there’s a strong demand for new listings in South Carolina, and prices are rising, as well. The state’s low cost of living and pleasant year-round climate are perks that have been attracting buyers from across the country.
Take a look around while you’re here on vacation
If you’re visiting South Carolina for the first time this summer, make sure you explore the housing market while you’re here. You might wind up wanting to purchase a time-share or a full-time residence! Why not schedule a few showings with an experienced real estate team to give you a better idea of what homes are like in this area.
Are you selling AND buying?
If you’re getting ready to list a house on the market in South Carolina, and also need to buy one, connecting with a real estate team that provides both services is the key to success. Keeping the tips included in the following list will also help you get the best return on your investment or the best sale price as a seller:
For sellers:
- Make as many repairs and upgrades as possible before listing.
- Stage your home indoors and out for showings.
- Choose the right price from the start to avoid having to reduce it later.
- Always vacate the premises (and take pets with you) for showings.
- Be flexible with your time.
For buyers:
- Get pre-approved for a mortgage.
- Be specific (with agents) about your needs and goals to streamline your search.
- Try to avoid contingent offers.
- Be willing to compromise—maybe your dream house includes a pool, but you find one that meets all your other preferences except that—consider making an offer and installing a pool later.
South Carolina is a wonderful place to live, which is why the housing market is currently booming here!