Got this from the horse’s mouth last week: it appears Crescent doesn’t have any more Lake Keowee tracks to sell any time soon. What does that mean? Well, only a few more liquidation sales on Lake Keowee. If you’re confused, this is fantastic news as we head into the summer selling season! It’s good for you sellers as the artificially large inventory will begin to level out dropping the competition in each price category and still a really good situation for you buyers as less than half of the current inventory will sell this year. So what to do? Take full advantage as this window of opportunity will slam shut soon. We’ve already seen the inventory of homes between $500,000 and $600,000 shrink down just shy of nothing and it won’t be long before Lake Keowee waterfront lots that you could build a home at that price range will vanish, as well.
We are doing our part to keep the inventory levels down, putting another 3 waterfront lots under contract over the past week. We also have closed $1,200,000 in real estate. A darn good week and it’s not even summer. Buyers are buying and the market is ever changing. If you aren’t working with someone as knowledgeable as we are you are going to make mistakes. Possibly HUGE ones which means losing dollars – potentially lots of dollars. We have our finger on the pulse of the market and are checking it constantly, we see the big picture and yet we sweat the details, that’s why we’ve been around for 27solid years.
We sincerely hope you all had a fantastic Memorial Day, that you hugged a veteran or 3 thanking them for their service and said a prayer for those many who gave their lives defending our freedoms. USA!!!
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