Why Invest in Greenville South Carolina Real Estate?

GREENVILLE SOUTH CAROLINA REAL ESTATE-A SAFE HAVEN FOR INVESTORS?

You might ask why choose Greenville South Carolina for real estate investing? Well this article will hit the highlights in a simple direct way that is logical and easy to understand. This article is written by Jonathan Edwards Kostyra, a native to the Greenville South Carolina area and also an experienced Real Estate Professional.

What Makes Greenville a Great Candidate for Real Estate Investing?

1) Strong Real Estate Fundamentals: Greenville has consistently seen between 2-5% appreciation over the last 10-15 years. The local real estate market never got over-inflated and prices here are still between 5-10% beneath the national average. The average time on the market for homes remains at around 6 months for the Greater Greenville Area. The downtown Greenville Condo market moves much quicker with the Average Days on the market for a condo being around 100 days!

2) A Real Estate Market that Resists Downturns: Greenville South Carolina has experienced a 3% appreciation for 2007 while must other areas in the country have seen severe depreciation.

3) Strong Local Economy: Greenville has a vibrant and diversified economic base with over 220 international firms calling Greenville home. Greenville and Upstate South Carolina also have more foreign per capita investment than any other place in the country!

4) An Award Winning Downtown: Greenville’s Downtown won the 2003 American Main Street Award. The downtown is vibrant, cosmopolitan, clean, and safe! Greenville’s Downtown continues to be a major draw to the area and boasts over 1200 downtown condos. The Downtown Greenville Condo Market continues to sizzle with purchasers and investors from around the country investing here.

5) Greenville’s Climate, Scenery, and Recreational Possibilities: Greenville experiences four full seasons yet they are very mild. Greater Greenville sits at the base of the beautiful Blue Ridge Mountains and the extended area offers many recreational possibilities including white water rafting, hiking, camping, boating, fishing, and, mountain biking. Greenville City offers concerts, movies, festivals, and plenty of fun and interesting places to visit.

6) Continued Growth: Greenville’s Economic Base continues to lure national and international firms. The new ICAR Research Park (International Center for Automotive Research) has already brought commitments from Michele, BMW, the Timken Company, Microsoft, and IBM.

Overall the fundamentals and general attractiveness of Greenville South Carolina make this market a pretty safe place to park your investment dollars. The general consensus is that Greenville is going to continue to lure high paying jobs and the economy will continue to see strong growth which will only increase the demand for real estate here in Greenville.

If you would like more information on Greenville South Carolina, Greenville South Carolina Real Estate investing opportunities, or Downtown Greenville Condo Investing Opportunities, please feel free to contact the author, a professional and licensed Greenville Realtor, for assistance and guidance: 864-525-0736.

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