196: The market slows but home prices stay high.

Selling Greenville

As we take a delayed look at the Greater Greenville Association of Realtors market stats that came out in November, we see a Greenville market slowing due to the holidays, and yet home prices are staying high. Why is this, and what would happen if we saw inventory pick up from around 3 months of inventory to around 4 months? Using the data, we can put together some of the missing puzzle pieces to figure out what may be happening in the future of Greenville real estate.
As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at [phone] or by email at [e-mail].