Lake Keowee real estate sales have slowed. There, I said it. Yep, interest rate hikes, end of summer, etc. have led to the expected eventuality that the market has slowed. It’s a strange slowing though as buyers are still looking to buy but sellers have decided to stand pat. It will probably take a little while for the market to even itself out. There are still plenty of folks who can work from anywhere that think working while looking out on the majestic views of Lake Keowee is preferable to looking at their neighbor’s un-mowed backyard. Until that group is completely satiated and we get to whatever that equilibrium is, we won’t know the new normal (did you follow all of that…lots of words to say we don’t have a crystal ball).

No matter how you look at the current situation, the reality is time marches on. We still have deals to close – 3 this week – and properties to list – a new one shortly. We’re still showing property and will still put something under contract in the next couple of weeks. The only real question is what the new pace will be. So, for a few months over the winter, we will be slow and will begin to see the new picture of the current reality as we move into the spring. 

You sellers, there are buyers in the market and if you price your property correctly it will sell quickly – we’re here to help you do just that! Buyers, we are here for you as well. Let us set you up on an automatic search and you can keep an eye on the Lake Keowee real estate market until it’s your time to pounce!

Lake Keowee Area News Corner

Grand opening for Salem taproom Saturday

Grand opening for Salem taproom Saturday

A sign hangs above the bar that says, “Drinking local starts here.” Caleb Gilbert | The Journal