Published 2 years ago

As Upstate grows, housing market stays unpredictable

Summary by Ground News

Interest rates have more than doubled since this time last year. A finance professor at Wofford College said rates were at three percent last September but currently sit at more than six percent right now. Dr. Jim Stevens said economic growth increases demand, which increases prices which could impact a buyer's market.

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WSPA

As Upstate grows, housing market stays unpredictable

UPSTATE, S.C. (WSPA)- When it comes to housing in the upstate, is it a buyer's or seller's market? While unpredictable, experts say there's been a shift from a seller's market to a buyer's market. Being able to cut down the price on a home may sound nice, but interest rates have more than doubled since this time last year. A finance professor at Wofford College said rates were at three percent last September but currently sit at more than six pe…

2 years ago·Savannah, United States

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