Home Affordability Helps Raise Spartanburg In America’s Best Cities List | Special coverage from Greenville Real Estate
The best place to live in South Carolina is… Spartanburg?
That’s according to US News and World Report, which ranked Hub City as the top-ranked municipality in the state of Palmetto in its recent ranking of the “150 Best Places to Live in the United States 2021-2022”. Spartanburg was ranked No. 24 overall, ahead of Nashville, Boston and Tampa, largely because of its relative worth and the affordability of its home.
Greenville was ranked No. 38, squeezed between the Texas metropolises of Dallas-Fort Worth and Houston, again thanks in part to its low cost of living compared to other US cities. Greenville “encompasses the amenities of big cities without attracting the same inconveniences that come with a more populous urban metropolitan area,” according to the magazine.
Boulder, Colorado, was ranked No. 1 by US News, which counted housing affordability, labor market, crime rate, net migration and a survey of 3,600 people among its criteria. Myrtle Beach was ranked No.35 on the list, while Charleston – hit for its crime rate and high real estate costs – came in at No.42.
Greenville ranked No. 16 and Spartanburg No. 18 on the US News list of “most affordable places to live,” where Huntsville, Ala., Was No. 1. This might surprise residents of the two northern cities. the state who have seen home values soar; Greenville homes in June averaged $ 324,974 and 100.4% of list price, while Spartanburg homes averaged $ 260,390 and 100.4% of list price.
Newcomers fuel Greenville’s recovery
Meanwhile, Greenville continues to win its own accolades. A recent report by commercial real estate company CBRE called it “one of the fastest growing boutique cities in the country”, and said it is often referred to as “an emerging market to watch.”
A big reason for this is population growth: Over the past decade, Greenville’s average annual growth rate of 1.19% has eclipsed the national average of 0.73%. Over the past three years, Greenville’s annual growth rate has increased to 1.34%. Since 2016, according to CBRE, 84,000 people have settled in the Greenville-Spartanburg area, a number that represents 7% of the region’s total population.
And nearly 80% of Greenville’s 58,000 jobs lost to the coronavirus pandemic have returned, with the former textile capital now attracting “educated and skilled talent for its strong automotive, technology and manufacturing sectors,” the report says. by CBRE.
Greenville signs another $ 1 million sale
The luxury market in Greenville remains robust, with another home sale in the city eclipsing the million dollar mark.
The most recent was a spectacular home designed by BLOM Design Studio of Greenville at 14 Russell Ave. in the North Main neighborhood. The 2,853-square-foot four-bedroom residence, which includes
Contemporary Scandinavian style throughout, sold for $ 1.098 million on July 26. Michael Mumma of Mumma Property Partners and Blackstream Christie’s International represented both the buyer and the seller.
The Russell Avenue home was the 11th in the metro Greenville area to sell on the market for $ 1 million or more in July, according to Zillow. Two of those homes cost over $ 2 million: a refurbished Craftsman in Greenville that sold for $ 2,050 million and a 7,000 square foot estate on 12 acres near Simpsonville that sold for 2, $ 8 million.
GGAR’s Spangler Takes Education Position
The Greater Greenville Association of Realtors has a new Director of Education.
Laura Spangler, most recently GGAR’s social media and marketing administrator, has moved to the education role, the association said. Joanne Cornish, previously Director of Education for GGAR, resigned her post effective July 29.
Founded in 1925, GGAR currently represents more than 4,400 member real estate agents in the upstate. It also regularly provides on-site continuing education courses, some of which are required for license renewal.
Northern businesses announce new agents
Reid Tollison has joined Wilson Associates Real Estate, one of several upstate companies that recently announced the hiring of new agents.
Originally from Greenville, Tollison graduated from the University of South Carolina with a degree in public relations and marketing. Previously, she worked for seven years in a sales environment where she rose to a leadership role while honing her social, digital and customer service skills.
Elsewhere, Mary Grace Lambert, a native of Spartanburg, was added to the Spartanburg office of Berkshire Hathaway HomeServices C. Dan Joyner Realtors, while Kylie Putman joined the Greenville / Simpsonsville branch of Allen Tate Realtors.
Revitalization Award Candidates Wanted
The Greater Greenville Association of Realtors continues to seek nominees for the 2021 Revitalization Awards, which celebrate those who have invested a lot of time and money in a property and seen it have a huge impact on an area of the community.
Eligible properties include, but are not limited to, single-family residential homes, subdivisions, commercial businesses, multi-family dwellings, public property such as parks and trails, or historic homes or monuments. The GGAR Revitalization Committee urges interested parties to submit properties that may fall into any of the above categories. Contact GGAR at (864) 672-4427 for more information.
Spotlight on agents and open house announcements
Upstate real estate agents can now be listed on The Greenville Post and Courier website, as well as place free ads for open houses.
Realtors interested in being featured in The Greenville Post and Courier’s Agent Spotlight can submit their information here. The information required includes a short biography as well as contact information. A different agent will be highlighted each week on the real estate homepage.
Agents interested in placing a free advertisement for open houses can submit their information here. The ads run free for seven days on the Greenville Post and Courier open house listings.