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229: Have homes bought since 2021 actually lost equity?
Manage episode 429313616 series 3574217
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A lot of headlines right now are focused on homes losing value from their 2021 peak, but the headlines are national, and we need to assess what's happening specifically in Greenville. Thankfully, we have a simple way of doing this - we can look at all homes sold twice or more since 2021, evaluate the spread between the first sold price and the second one, and then run some basic formulas to determine whether homes are losing or gaining equity in this shifting market (with some help from ChatGPT).
Long story short: Greenville homeowners by and large are doing just fine.
This episode is sponsored by Piper Insurance Group, who can help you with all your home, auto, and umbrella insurance needs. Contact them for a free quote at: (864) 350-9329 / stephen@piperinsurancegroup.com / https://piperinsurancegroup.com
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.
Long story short: Greenville homeowners by and large are doing just fine.
This episode is sponsored by Piper Insurance Group, who can help you with all your home, auto, and umbrella insurance needs. Contact them for a free quote at: (864) 350-9329 / stephen@piperinsurancegroup.com / https://piperinsurancegroup.com
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.
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