The chairman of the U.S. Federal Reserve, Jerome Powell, recently announced that the central bank would be lowering interest rates by one-quarter of a percentage point. The move comes amid some signs of slowing economic activity, especially reduced business investments and lower manufacturing output. Other factors, including consumer spending, indicate that the U.S. economy is…
If you’re beginning the search for a new commercial real estate investment, there are some critical factors to consider. These tips will give you a solid foundation to begin your journey to buying a property that will deliver the results you are looking for.
Everyone is looking for ways to add value to their existing home, and one of the best ways to do so is to transform existing rooms you aren’t using. Here are some ways that you can turn your extra room into an important asset for your future.
Urban infill plays a key role in helping to improve urban areas throughout the country, and Greenville is no exception. Here’s what you need to know about this important process. What is urban infill? Urban infill is the process of developing existing real estate structures to create new residential and commercial spaces. You’ve no doubt…
There are many common real estate myths out there, and they can often cause you to make a poor decision in the buying or selling process. Arm yourself with knowledge against these widespread falsehoods, and you will be prepared for your next real estate transaction. If it is on a reputable site like Zillow, it…
You’ve found a home for sale that checks all your boxes, and now it’s time to make an offer. These guidelines will help you craft an offer that gets accepted quickly and leads to you loving your life in your new home. Try to get a sense of the seller’s motivations Understanding a home seller’s…
The Parker Group is proud to announce Michael Johnson has joined our team as an agent. Get to know more about Michael and his background: About Michael Michael was born in Greenville and grew up in the Greenville/Spartanburg area. He graduated from Clemson with a Bachelors in Business & Marketing. After working in the…
Good curb appeal goes a long way when you want to sell your house. Discover how you can improve your curb appeal with some simple additions that won’t break the bank. Install a charming mailbox If your mailbox is old or in disrepair it could be dragging down the appearance of your property, so consider…
Greenville is booming! With steady population and business growth, a revitalized downtown core, and an affordable cost of living, it’s no wonder that Greenville has become one of the most attractive destinations in the south. Downtown Greenville is becoming a destination No matter how you measure it, it’s clear that the city of Greenville, and…
Every day, people are hindering themselves from selling their home quickly and for a fair price by committing unintentional errors. If you are guilty of any of these mistakes, it’s time to reassess your home selling process now. Your asking price is too high It’s tempting to want to list your home for a higher…
It’s tax season once again, and whether you’ve owned the same home for a while or you purchased a new home in 2018, you probably have some questions about the tax deductions available to homeowners under the new Tax Cuts and Jobs Act (TCJA) passed by Congress beginning with the 2018 tax year. This guide…
Choosing a real estate agent for your next home transaction is one of the most important decisions you will make. However, not all agents are created equal. Here are a few things to keep in mind when finding the perfect agent. Find someone you enjoy working with You’re going to be spending a lot…
New service line will include full-line of property management services Greenville, SC (Jan. 25, 2019) – The Parker Group, a full-service real estate agency in Greenville, is excited to announce they are expanding their real estate service lines to include Property Management. Under the direction of Property Manager Mike Todd, the team has the…
2019 is poised to be another busy year for the real estate market. We will likely see the continuation of some current conditions, as well as new developments that will shift buying and selling activity. It will remain a seller’s market, but only slightly Sellers are still expected to see favorable conditions throughout 2019, but…
If you’re thinking about buying a home next year, your timing couldn’t be better: Prices are stabilizing, the economy is strong, and there’s plenty of available inventory. In fact, some experts say we’re heading into a buyer’s market, which means your home-buying dollar could go farther. If you want to purchase a home in early…
Even though Greenville doesn’t experience the “big freezes” of the North, there’s still the idea that home sales tend to bottom out in the fall and winter. But is that true? And what do seasonal changes mean for buyers and sellers?
Greenville is a rapidly growing city, which means plenty of opportunities to take existing and unused pieces of property and transform them into something new. These commercial and residential developments are vital. They bring housing, jobs, tax revenue, and offer places for residents and visitors to engage with others and connect to their community. They…
When searching for a new home, one of the best ways to save some money is to consider a house that is undervalued because it needs some cosmetic updates. Thankfully, you can usually upgrade your home while staying on budget with a few simple tips.
Congratulations! You’ve made the move from renter to homeowner or are in the process of doing so! Owning a house is an important investment, however, there are several things you need to remember when making the transition from multi to single-family housing.
When you budget for a home purchase, you aren’t just going to be paying the purchase price. Here are some of the common costs you may not know when buying a home, and how you can prepare for them.
During the summer months, your home’s outdoor spaces may be used just as much as the ones inside. A beautiful and functional backyard is more important than simply a place to entertain; it can add a great deal of value and appeal to your home. The elements listed below are those that are most likely…
The end of May signaled the 15th week that interest rates have risen since the year began. Only 21 weeks into 2018, that’s a 71%increase. This marks the highest rate of interest increases since 1972 which is when Freddie Mac started tracking this data. With the country’s strong economic growth and rise in inflation, the…
The prospect of becoming a homeowner for the first time is both an exciting and confusing time for many people. Though it’s exciting to have a piece of property of your own and you won’t have to continue to pay rent, buying a home is a huge investment. The cost of a home can sometimes…
Purchasing a home not only involves a great deal of paperwork and time, it’s also a decision that is likely to be one of the largest investments you’ll make in your life. It makes sense that you’d hope to get a return on your investment. In real estate terms, this means that your home appreciates.…
A great kitchen is a big draw for many prospective home buyers. Find out how some small improvements in your kitchen can make a big impact when you’re ready to sell your home.
Running property on your own is like being a concierge, receptionist, accountant, bill collector, and maintenance worker all in one. Thankfully, you don’t have to go it alone, as an experienced property manager can keep things in line for you.
Buying a home is a complicated process, and there are many things you have to think about even before you begin visiting open houses and applying for pre-approved loans.
Each open house impacts two groups of people, the seller and potential buyers. No matter which of these categories you fall into, you will want to prepare for the open house with these tips.
We are proud of our talented team at The Parker Group. Get to know our lead residential agent, Robert Boozer. About Robert Born and raised in Columbia, South Carolina, Robert Boozer has been involved in real estate and development for many years. He attended Clemson University and graduated with a degree in Management. After graduating,…
The Parker Group has been helping buyers, sellers, and investors in Greenville for years get the most value out of their real estate transactions. Now, we are pleased to announce the introduction of our property management services as well. Expert Property Management Services Leasing your property is a great way to earn extra income and…
Our Downtown project, M West, was completed recently. This three-phase development brought The Parker Group many interesting challenges.
President Trump’s promised update of the United States’ tax code became a reality when the Senate approved its drastic changes in late December 2017. The massive overhaul — the largest in more than 30 years — leaves many current and potential homeowners in South Carolina wondering what it means to them. Below are several key…
Recently, The Parker Group’s Downtown project, West Park and Townes, was completed and all units went under contract. The project was a tricky one, building a new townhome development in a historic neighborhood.
After emerging from the economic recession and collapse of the housing bubble in the late 2000s, the U.S. housing market has bounced back with remarkable strength and has shown steady growth for several consecutive years. Data suggests that this recovery is projected to continue into 2018 and beyond.
Greenville and the surrounding areas have seen a great deal of development and revitalization over the past several years—and we have urban infill initiatives to thank for a lot of the area’s growth. For real estate investors thinking about building a new residential property, urban infill offers an environmentally friendly and viable alternative. At The…
Unlike a monthly rental payment, the money that you put toward a mortgage is a long-term investment, making home ownership a wise financial decision for many. If you’re a current renter who’s thinking about diving into homeownership, there are a few things you should do before you begin the home buying process.
Buying a home is a very personal decision and probably one of the most important investments you’ll ever make. For this reason, it is vital not only to find a home you love, but a neighborhood that will suit your lifestyle for many years to come. As you begin exploring real estate in the Greenville…
An increasing number of people are working from home, from self-employed workers to those who work remotely at their house. What some people don’t know is that there are several potential tax benefits to working from home.
The real estate market is seeing some of its strongest numbers since the housing crash of 2008, with home values peaking across the country. However, economists are also warning against mortgage interest rate hikes. With this in mind, now is a good time for homeowners to be proactive in making sure they’re not paying more…
In any real estate transaction, there’s plenty of industry jargon that can be confusing to buyers, sellers, and investors alike. To make things easier, we’ve put together a list of some of the most common real estate terms and a brief explanation of each so you can feel a little more confident in your next…
The Parker Group is proud to introduce our newest agent, Barkley Rickman! We recently took some time to sit down with Barkley so you can get to know him and understand how he can help with your specific real estate needs.
Located in West Greenville’s renowned arts district, the Burdette Street Cottages are a beautiful place to live. This walkable neighborhood boasts more than 30 different restaurants, galleries, and shops and is less than a mile from Main Street. Check out a sampling of some local area spots below!
Thinking about taking on an adaptive reuse and renovation project in the Greenville area? Generally, these projects require strategic planning as they are reusing an old structure and renovating it for an entirely different purpose. These projects are a great way to bring life back into an old building or add character to established or…
While the United States Federal Reserve doesn’t directly set mortgage interest rates, the actions the Reserve makes can have an indirect effect on mortgages rates and the overall housing market. The same applies to the global economy. Still, if you’re thinking about buying or selling in Greenville in this market, it’s important to have a…
At The Parker Group, it’s our mission to build valuable, long-term relationships with our clients. Our new blog series gives you insight about our real estate team, their background, experience, and more. This month, we sat down with Drew Parker, Owner and Broker-in-Charge.
Whether you’re an individual investor or property owner, development consulting is always a wise choice if you’re interested in commercial or residential real estate development. Through skilled and thorough development consulting services, you can make better-informed decisions regarding your real estate development plans and enjoy greater peace of mind. At The Parker Group, we specialize…
Preparing to sell your home? If so, then it will be wise to work with a licensed Realtor throughout the process. A Realtor will be able to help you navigate the often-complex process of selling your home, as well as save you a great deal of time and stress. Before you hire a Realtor to…
Despite its lucrative earnings potential, investing in residential real estate can be a daunting idea for many. After all, the real estate market is unpredictable, and initial investment requirements can be expensive. Still, if you’re interested in investing in residential real estate, there are several options that are worth considering.
Throughout 2016, mortgage rates hit record lows and the residential real estate market saw one of its best years in a long time. While it is impossible to know exactly what the real estate market will do, we can look at several factors that will impact 2017. Prospective buyers and sellers should prepare for the…
Now is the time for Greenville-area homeowners to protect their homes from potential winter damage. Fortunately, there are a few simple steps you can take to reduce your risk and enjoy a more comfortable winter!
If you’re in the market to buy a home, you may be feeling a little overwhelmed by the number of decisions you have to make throughout the process. One of the best ways to narrow your search from the beginning is to decide the type of housing that’s right for your needs.
For those outside the real estate industry, the role of the agent and their responsibilities are often misunderstood. There are several popular myths about real estate agents involving everything from their compensation to their obligations to buyers and sellers. Here are several of the most common agent misconceptions debunked. 1. Real estate agents are always…
Looking for fun ways to spend time downtown? Downtown Greenville is full of exciting ways to spend 2-3 hours! Plan your next trip downtown by downloading our free guide to learn more.
Downtown Greenville, SC is currently a strong seller’s market, which means there are more buyers than there are homes available. This is great news for sellers, because there will be more prospective buyers available to potentially put in an offer on your home; but in order to get top dollar it’s essential to make sure…
We have exciting news! We’ve broken ground at the Burdette Street Cottages! Located in the heart of the Village of West Greenville’s renowned arts district, these homes feature 3 bedrooms and 2.5 baths. Each cottage offers standard upgrades throughout, including hardwood floors, stainless steel appliances, granite counter tops, and a fireplace to name a few. There are…
So, you’ve had your offer accepted, completed your inspections, the Seller has finished their repairs, and now you can’t wait to close so you can get moved in. But before you close on your new home, you should always take the time to complete a final walkthrough. During this final tour of the home, you’ll…
The home you buy is one of the largest investments you’ll make in your lifetime. Budgeting to ensure you have enough saved for a down payment is important, but there are other costs that are often forgotten and need to be taken into consideration before selecting your dream home.
Staying in shape doesn’t have to be difficult or boring! Greenville has many fun and unique places to help you get fit!
Greenville is full of amazing local spots for Happy Hour! As downtown Greenville continues to grow, so do the number of unique bars and restaurants.
As Downtown Greenville has become a more in-demand place to open up shop, commercial rental rates have spiked considerably. In fact, the average rental rate downtown is in the mid-to-high $20s (per square foot), which is an increase of $5 to $10 per square foot compared to just a decade ago.
When most people think about real estate development, they tend to think about a development company coming into a plot of untouched land, bulldozing it flat, and building new residential properties. However, while this may have been the way of real estate development in the past, we’re starting to see a shift towards a more…
It’s no secret that Greenville is a great place to start and raise a family. In fact, there are many family-friendly businesses, restaurants, and hangout spots located right in downtown. If you’re looking for something fun to do this weekend with your kids, be sure to check out our guide of several favorite spots! Click…
The Parker Group was recently challenged with selling all 18 units in M West, an upscale collection of townhomes currently being built in downtown Greenville, South Carolina. By taking the right approach and focusing on the location’s competitive advantages in addition to utilizing our own marketing expertise and connections, we’ve been able to sell almost…
Downtown Greenville, South Carolina boasts a number of amazing spots to enjoy with your special someone. Whether you are planning a first date, celebrating an anniversary, or just want to spend a special night out on the town, there is something for everyone. From one local to another, we’ve curated a list of the best spots…
In Downtown Greenville, South Carolina there is currently a strong seller’s market, giving you a great opportunity to sell your home for a great price. Ensure your property appeals to prospective home buyers and receive top dollar by implementing these easy steps before planning for your first open house.
The idea of saving up a substantial down payment in addition to closing costs, maintenance expenses, and other costs associated with home ownership can be understandably intimidating. For many, renting is an attractive alternative to owning a home; but knowing your hard-earned money is going into a property where you will never see a return…
Our team at The Parker Group was approached by a bank with a request to rebrand, market, and sell four remaining condos within the Custom House Condo project in downtown Greenville. Knowing substantial changes would need to be made in order to successfully market and sell the condos, we confidently took over the the project…
Looking to sell your home in the near future? If so, then of course you want to get top-dollar for your investment. However, it’s important for you to realize that today’s buyers know exactly what they want and, more than ever, will pay good money for homes that are move-in-ready. What this means for you…
When preparing to buy a home, it’s always a good idea for prospective buyers to research interest rate trends and projections; after all, even a seemingly slight fluctuation in interest rates can have a significant impact on how much you’ll pay over the life of your home loan. For instance, while a 3.5% interest rate…
For many people, owning a home is part of the American dream. There are many advantages of property ownership, but it’s important to have a clear understanding of the home buying process before committing to one of the largest financial decisions you will ever make. Avoid headache and possible heartache by downloading our free guide,…
Downtown Greenville, South Carolina is a bustling hub of business and entertainment; and unlike many larger cities, it’s also home to an impressive offering of beautiful public parks and green space. Each day, thousands of people make the commute into the city to work. If you’re one of these people, have you ever thought about…
If you’re in the market to buy a home, one item you may want to negotiate into the purchase is that of a home warranty. Even if you need to pay for it out-of-pocket, a home warranty is a great incentive to have. Specifically, home warranties can help to cover the costs of repairs or…
Located in the Northwest part of South Carolina, Greenville is a beautiful place to visit and an even better place to live and work. In the heart of the city, downtown Greenville is quickly becoming a popular place to live for young professionals, families, and everybody in between. What does the hidden gem of downtown Greenville…
Below is the intro and link to a great article about West Park and Townes in the Upstate Business Journal. Greenville, SC – A new townhome development is coming to the corner of West Park Avenue and Townes Street in downtown Greenville. The development will be located in the Heritage Historic District. Real estate…
315 Meyers Drive – Beautifully constructed brand new brick home with 4 bedrooms, 4.5 bathrooms, bonus room and a 2 car garage on Meyers Drive in the highly sought after Augusta Road/Rockwood Park neighborhood! Enjoy all the benefits and luxury of living in a new home, while not compromising on location. Parking under the porte…
The Parker Group announces 18 new townhomes planned for downtown Greenville. Phase I sold out in one day. Read the article below for details on the M West development. Upstate Business Journal – From Auto Detailing to Townhomes
We are proud to launch our new website at parkergroupservices.com. Please check back often as we add information on current & completed projects/deals, company news and updates from around the industry. We are here to serve all your real estate needs, call or email us today to learn more.
Greenville, SC – The Parker Group is excited to be marketing a new 18 unit town home development coming to downtown Greenville. Pricing will start at $375,000 and each residence will feature 2 car garages and rooftop terraces. The development has been named M West, paying homage to its physical location on the west end…
The Parker Group has been selected as the exclusive brokerage firm to handle the marketing and sale of the historic West End Market in downtown Greenville, SC. The lead agent is Drew Parker, CCIM. Originally built in 1891, the West End Market has anchored Greenville’ s historic west end for over 100 years. Once a bustling…
Check out the most recent article on M West! Former Blandin’s Clean Up Shop in West End will be Location of 18 Units When the owner of Blandin’s Clean Up Shop on Main Street in Greenville’s West End retires in a few months, a group of local developers already have plans to transform the auto-detailing…
Thanks to the lobbying efforts of the National Association of Realtors (NAR), the National Flood Insurance Program (NFIP) has been extended for 5 years. The NFIP essentially guarantees affordable flood insurance to millions of homeowners and businesses across the country. This is an important victory not only for homeowners, but for the housing market in…
Edible gardens can save the average family as much as $500/yr Why not save money and do something that’s good for your health at the same time? Edible home gardens are becoming more popular these days for that very reason. Thanks to a financial recession and an organic food craze, many non-gardeners are deciding to…
Piedmont, SC – Beauty, privacy, pecan trees…This property has it all! Allow yourself to drift back in time as you drive down the pecan tree lined driveway into your own 6.4 acre slice of heaven. Only 20 minutes from downtown Greenville, this home offers a convenient sanctuary for all who appreciate a slower pace of life.…
It’s nice to receive national recognition for the charm of our downtown! If you haven’t already, check out Travel and Leisure Magazine’s latest rankings of “America’s Greatest Main Streets”. The revitalization of downtown started over 30 years ago, when Main Street was narrowed from four lanes to just two. Add free parking, wide sidewalks, world class…
Check out our latest listing in the Pebble Creek community! Looking for a beautiful 3/2.5 home, on a large lot, in a quiet neighborhood? Look no further. This home has all the features you would expect and so much more…Click here for a virtual tour. Give Annie or Drew a call today to schedule a…
While the 2011 federal energy tax credit of $500 is a far cry from what it was in 2009 and 2010, it is better than nothing! If you upgraded one or more of the following systems in 2011, you may be eligible to take advantage of the tax credit: Biomass Stove Heating, Ventilation, Air Conditioning…
This is important news to anyone considering an FHA mortgage. See full story below: HUD No. 12-037 HUD Public Affairs (202) 708-0685 FOR RELEASE Monday February 27, 2012 FHA TAKES ADDITIONAL STEPS TO BOLSTER CAPITAL RESERVES New premium structure will help protect FHA’s MMI fund WASHINGTON – As part of ongoing efforts to…
Within the commercial real estate industry, the Certified Commercial Investment Member (CCIM) designation is highly valued and respected. Unfortunately, when you venture outside the industry there are very few who understand the significance of those four letters. So what is a CCIM? A CCIM (Certified Commercial Investment Member) is a recognized expert in the…
The economic recession has hit many developers hard and Jim Anthony, owner of the Cliffs Communities, was no exception. On Wednesday it was announced that the Cliff’s will file Chapter 11 bankruptcy and the Carlile Group will assume control of the Cliff’s properties. Based in Texas, the Carlile Group is headed by Steve and Penny…
At The Parker Company, we believe your home needs every advantage in this tough market. One of the ways we help you gain that advantage is by providing high quality professional virtual tours. You can check our latest virtual tour out by clicking here.
Make sure to check out our latest listing! This fabulous custom brick ranch home offers not just luxury, but lifestyle as well! Located on the 13th fairway at the Thornblade Club in Greer, SC, you have a front row seat to one of the top rated golf courses in South Carolina. Visit the home once…
Differing opinions and confusing law makes this the cause for many real estate disputes. Generally speaking, anything permanently attached to the property is considered a fixture. This includes items such as: landscaping, lighting, curtain rods (but typically not the curtains), window treatments, and built in furniture to name a few. Major appliances may be hard…
For better or worse, 2011 is in the books. Let’s look at the year according to the numbers: New Listings – down 17.7% compared to 2010 Pending Sales – down 4% Closed Sales – down 2.5% Median Sales Price – $140,000 (unchanged from 2010) Average Sales Price – $169,072 (up 0.1%) Days on Market –…
Your offer has been accepted! Congratulations! You are on your way to becoming a happy homeowner. However, before you can take possession of your new home, there are several important steps that need to be taken. Having a Buyer’s Representative to guide you through this process makes your life less stressful and could save you…
There’s the numbers, then there’s the story behind them. For months, declining inventory has been the national tale to tell. This suggests a changing narrative with different voices. A buyer might tell you that record low mortgage rates and affordable prices made homeownership more attractive than renting. A seller may say that less competition allowed…
Check out the included link to see the latest market statistics for Greenville, SC.GGAR May 2011 Market StatisticsThe numbers show our economy is still struggling, despite a slightly more optimistic “feel”. The bottom line is, we need people to get back to work. Until unemployment falls, the real estate market will continue to be soft.…
If you are looking for an affordable, 4 Bedroom / 2 Bathroom house within walking distance to downtown Greenville, then look no further!! Completely renovated and move in ready! Check it out now! 810 Hampton Avenue, Greenville, SC 29601 810 Hampton Avenue, Greenville, SC 29601
Don’t miss this opportunity to live within walking distance to downtown Greenville! 3b/2b completely renovated home for $169,900!!8 KEAT AVENUE, GREENVILLE, SC 29601Click here for a Virtual Tour
2010 is history and you may be wondering if the real estate market will improve in 2011. If asked, most commercial and residential brokers will tell you their “gut” feeling is the market will show a slight improvement in 2011 over 2010. So, is their gut feeling going to be right or wrong? To fully…
What a great excuse to take a break from work! It doesn’t happen often in Greenville, so we all take advantage of the snow when we get it. Hope you enjoy these pictures of downtown Greenville taken on January 10, 2011. Click the picture above to see more photos.
Check out our latest listing. We are submitting it for Best Renovation of the Year. This was once a dilapidated triplex in the Hampton-Pinckney neighborhood. The owner did an outstanding job of restoring the home to its past glory!
As history has shown us Real Estate is a cyclical industry. Similar to the rising and falling of the tide, the commercial real estate market ebbs and flows. Currently, we are at a full moon ebb tide and the boat is lying on the sand. Although things are bleak some positive figures in the hotel…
We continue to see bright spots in the housing market, but overall conditions remain relatively weak. Mortgage rates remain low and should remain there for several more months. The holiday season and cold weather always slow the market down and this year will be no exception. We are expecting the spring to bring increased activity…
It’s that time of year again. By now you have already received your latest property tax assessment and vented to anyone that will listen that your property taxes are too high! While it is our duty to pay taxes, it is certainly not our duty to overpay. What most people don’t know is a property…
As with many investments, the Commercial Mortgage Backed Security (CMBS) market has been scarred by the economic recession. Recent history provides us with figures of a record setting 2008, with 234 billion in loans. By 2009 the good times came to an abrupt halt and the market produced a dismal 3 billion in loans. I…
In a relatively short amount of time, thanks to the economy and our national media, the term “Short Sale” has gone from unknown to household vocabulary. As a Realtor in the trenches I have been forced to deal with them, but in full disclosure do not claim to be a Short Sale expert. Nor do…
The Greenville housing market continues to muddle its way through this recession (or post recession depending on how you look at it), but leaves us all wondering what’s next? There is no doubt that the market seemed to bottom in 2009. However, after the expiration of the Great Stimulus of 2010 the local market has…
The commercial real estate industry can be a complex and intimidating market to investors with limited knowledge of the industry. Potential investors may opt out of investments that they believe are out of their realm of expertise. “NNN” or triple net leased property is one of the many ways to invest in commercial real estate…
This is a great question and one that seems to be on a lot of people’s minds lately. Admittedly it is an attractive market. Home prices are lower, mortgage rates are historically low and there is an oversupply of homes on the market. Consider only those facts and the answer seems very simple: Buy now!…
Home prices are down and so are rates! Take a look at this informative article from Bankrate.com: http://www.bankrate.com/finance/mortgages/record-low-rates-slide-further.aspx
1. Let go! The sooner you accept the fact that the home will no longer be yours the better. Think of your home as a “product” to be sold like any other product you see on the store shelves. Say your goodbye’s to the house before selling and begin to mentally move on. 2. De-Personalize All the…