In March 2020, the COVID pandemic hit the US and shut down the world economy, and we had no idea what it would do to the real estate market. Many thought it would cause housing to collapse, but the opposite ended up happening. In hindsight, what happened made sense, but in the moment, nobody had any clue that a pandemic would fuel the craziest real estate frenzy of our lifetime. Fast forward 2 years and 3 months, and we find ourselves in a similar situation. With rapid inflation, a war being waged by Russia in Ukraine, rising mortgage rates, and many other factors directly or indirectly weighing into the housing market, it would appear that we are poised for a slowdown. And even though a slowdown is inevitable (and appears to already be happening based on several indicators) not all indicators point in the same direction, and not all experts agree on what those indicators even mean for the next 1-2 years. So what is actually happening right now, in June 2022, in the Greenville area, and what does it mean for the next year or more of local real estate? That's the topic Stan attempts to tackle in this week's episode of Selling Greenville.

 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 (864) 735-7580 or by email at smccune@cdanjoyner.com.