Feb. 20, 2023
The Greenville-Anderson-Mauldin SC market is ranked at 5 on the National Association of REALTORS® top ten markets to watch. In NAR’s On The Horizon: Markets to Watch in 2023 and Beyond publication, referring to the Greenville market, they stated, “Job growth is robust in this area, but job growth in the information industry is even stronger. Housing supply can keep up with housing demand better than nationally, as a single-family permit was issued for every 4 new jobs within the past year.” If you are interested in what your Greater Greenville neighborhood market looks like, you can run your own market report here
Factors included in identifying better than average housing markets are housing affordability, more renters who can afford to buy a median priced home, stronger job growth, industry growth, information industry share in the local GDP, migration gains, remote workers, population growth, growth of active housing inventory and housing shortages. Determining factors are better than the national average in the markets highlighted.
In at number one, and only a couple hours South of Greenville, is the Atlanta-Sandy Springs-Marietta, GA market. It is the only market on the top ten list that meets all 10 factors. Out of 179 metro areas, other markets in the top ten, in order, are Raleigh, NC, Dallas-Fort Worth-Arlington, TX, Fayetteville-Springdale-Rogers, AR-MO, Charleston-North Charleston, SC, Huntsville, AL, San Antonio-New Braunfels, TX, and Knoxville, TN. Go to NARs website for the complete report. On The Horizon: Markets to Watch in 2023 and Beyond