Monday, December 15, 2014

Greenville SC Expecting Baby Boomers

The National Association of Realtors had identified Greenville as a top 10 city that can expect an influx of baby boomers.  With a resurgence of the economy, many of the boomers are going to be moving south to warmer climates, where the cost of living is lower and temperatures are warmer.  According to a study done by NAR, these boomers have an income of about $92,000 and purchase homes around $210,000.  They are also thought to be about 30% of all buyers nationwide.  That's a pretty big slice of buyers.  Greenville's average price for a home is $190,700 for 2014. The pricing and low taxation rate has been attracting boomers to Greenville for years. And with the super attractive nature of the city center, the area is competing with other boomer cities in Florida, Arizona, North Carolina, and New Mexico.

Wednesday, December 3, 2014

Hotel Visits are up in Greenville

If you are planning to visit Greenville, make sure you book early.  This October broke the record for hotel visits in the area, as lots of visitors flocked in to check out our fair city and the things offered here.  A recent push marketing the city called VisitGreenvilleSC.com probably had something to do with it, which began in 2013 and began to define Greenville, SC as a destination city, not just a business stop.  You get the idea on the title page of their site, Yeah, That Greenville.   It's full of reasons to stop here for the weekend.  Oh, and there are plans for another 1000 rooms to be built in the next few years, so perhaps the shortage will ease during the big months.