Our local market expert, Realtor Craig Martin, reports Greenville, South Carolina, is one of the few cities bucking the national trends.

In fact, total homes sales for 2007 were 10,058, compared with 10,388 in 2006, and local home prices have increased from an average price of $178,000 in 2006 to $186,000 in 2007, Martin says.

Reported in 2007 by RealtyTrac as having one of the lowest foreclosures rates in the nation, Greenville is staying strong in a slow market.

Home to over 150 fortune 500 companies like BMW, Michelin, GE, Lockheed, Bosch, and Flour Daniel -- Greenville is ranked #1 in foreign investments per capita.

And over the past decade Greenville has attracted more than $6 Billion in new business investments and 43,000 new jobs.

Steady growth, a strong local economy, and little speculation are keeping Greenville well insulated from the national housing bubble.

For more information on this area, contact Craig Martin at
craigrnorthstar@yahoo.com.

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Published: February 29, 2008

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