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The Downing Group Blog

South Carolina Fall Housing Market Update

Home prices are up 1.5%, and rates at 6%—see how this affects you. As we enter the crisp embrace of fall 2024, many of you might wonder: What’s happening in the Midlands and Upstate South Carolina real estate market?  Whether you’re considering buying, selling, or simply curious, here are the crucial details that you need… Read more »

Are We Heading Towards a Buyer’s Market?

Even though our market is slowing down, I’m explaining why we probably aren’t heading for a true buyer’s market. Have you noticed a shift in our housing market lately? Homes are taking longer to sell, and prices are volatile nationwide. Depending on where you are, prices could start coming down for the first time in… Read more »

Navigating Market Shifts: South Carolina’s 2023 Real Estate Trends and 2024 Prediction

Here’s a detailed overview of 2023’s market and projections for 2024. Today, we’ll reflect on the real estate market’s performance in 2023 and look ahead to 2024. It’s essential to analyze the trends in three key markets: the Midlands, Greenville, and the Western Upstate area. That’s what we’ll be focusing on, so let’s dive into… Read more »

Home Prices Unveiled: The Surprising Truth You Need To Know!

What buyers and sellers need to know about housing prices. Want to know what’s really happening with home prices? Spoiler alert: they’re not falling. Price growth is just returning to more normal levels. Let me explain what I mean by this. Recent data by Case-Shiller, which shows the 49-year average for home price versus what’s… Read more »

An Update on the Mortgage Situation

  Speaking with Mark Smith about the mortgage situation.   Today we’re talking mortgage rates and products with Mark Smith, one of my favorite preferred lenders. He’ll explain what is going on with the rates, the market, and what products are available to help buyers.   Feel free to watch the full message above or… Read more »

The Big Differences Between 2010 and Today

Why I’m not worried about the number of foreclosures like I was in 2010. Is there a wave of foreclosures coming to the Columbia area? To answer this, we must look back. In 2010, there were almost 3 million foreclosures. The housing market was in terrible condition and everyone owed more than their homes were… Read more »

Sellers: See This Urgent Market Update

Here are the market updates you need to know before buying or selling. With all the alarming news about the real estate market, many of my clients are getting anxious. Today I’ll share some statistics that will reflect what’s really happening in the Columbia, South Carolina market and explain how it affects buyers and sellers…. Read more »

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