Greenville NC housing market update August 2022
Living in Greenville North Carolina · Al and Victoria Pinder
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Show Notes
Despite factors that generally put downward pressure on home values, such as rising mortgage rates and an increase in housing supply, in Greenville, North Carolina, home prices continued to rise in July 2022. At the end of July, mortgage applications reached their lowest point ever. The overall state of the economy and consumer confidence have contributed to the present shift in the housing market. And the economy is now changing. On the one hand, the fact that the gross domestic product (GDP) has decreased over the past two quarters is an indication that the economy is deteriorating. However, consumer spending and the employment market are still doing well.
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💥CHAPTERS💥
00:00 - Introduction
00:49 - # Housing Market Overview
01:14 - # Inventory, Supply, Off- Market
02:35- # Housing Market Statistics in Greenville North Carolina - Greenville NC
05:22 - # 2 important factors in Housing Market in in Greenville North Carolina - Greenville NC
08:10- # Buyer's Market or Seller's Market in Greenville North Carolina - Greenville NC
09:21 - # Suggestion to Home Buyers and Home Sellers-Discussions and Conclusions
We are Al Pinder and Victoria Pinder and we’re Greenville North Carolina Realtors. Personally we live next door in Winterville, which is still part of Pitt County. And we have two young children who are zoned for Wintergreen elementary, Hope Middle School, and DH Conley High school, as we personally picked our house based on zones when we moved from out-of-state. Local and long distance moves are both challenging, especially when you’re balancing life work, buying and selling real estate in the process. We first moved here for my husband’s job but people come for a variety of reasons. You might be here for Thermal Fisher Scientific, East Carolina University (ECU), DSM Dyneema, Vidant Health, ECU Health Medical Center (ECU Health), Pitt Community College, Pitt County Public Schools, NACCO Materials Handling Group, City of Greenville, ASMO of Greenville or a variety of other jobs. Or you might be looking for a more affordable place to live other than New York City, Denver, Miami or anywhere else and looking to settle in Eastern Carolina. We love helping everyone we connect to and look forward to talking to you so we can help you too.