Reviewing 2022 and Previewing 2023

The year 2022 was a tale of two very different half-years of real estate. In a few, short months, we went from tons of homes coming on the market each week and tons of people bidding on them to suddenly much fewer homes coming on the market and not nearly as many people making offers. This poses some challenges for predicting what 2023 will be like. Will we be going into recession? If so, how severe? Will mortgage rates continue to go up, will they stabilize, or will they come down? These are some important questions to consider, but at the end of the day, there are a lot of reasons to be optimistic for what 2023 holds for those buying and selling real estate in Greenville.

 As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.