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What’s Going On With Interest Rates?

This week on My Greenville Home Radio, Dan is speaking with Amanda McCall, a local lender here in the Upstate and one of Hamilton & Company’s Preferred Partners.

The real estate market is constantly changing, but Greenville’s market is acting a little bit differently than the rest of the nation. This means national real estate news may not apply to your area. That’s why speaking with a local agent like Dan and a local lender like Amanda is so important. Today, Dan and Amanda are discussing the latest developments in the Greenville real estate market and the opportunities that still exist or buyers and sellers.

The market is very informed right now. People understand what is happening with real estate and with interest rates, but they aren’t sure how they can take advantage of it. That’s where Amanda steps in. She and her team have a toolbox full of strategies to help you invest in this market including temporary buy downs, adjustable rate mortgages, and more. The goal? To figure out what makes sense in this market for you and get you to a monthly mortgage payment you are happy with. Amanda expects the market to shift in such a way that buyers can refinance in the next 18-24 months, so her current goal is to get a short-term price her buyers are happy with.

Many people see the dramatic market shifts and fear investing in real estate, especially for the first time. But it is still an amazing time to purchase a home! Greenville real estate, while not appreciating at the break-neck pace of the pandemic, is still netting 5%-8% appreciation every year. That means if you buy a $200K home today you’ll gain $10K in equity b y this time next year. Renting, you’ll make none. It is an amazing time to buy; professional, local lenders like Amanda just have to be a little more creative in order to make it possible.

Amanda continues by going into detailed explanations of some of her top strategies, what sellers are conceding in this market, and more, all in this episode of My Greenville Home. Listen to the full episode below!

If you are interested in learning more about how Amanda can help you, give her a call at 864-201-2703 or visit her website YourLifelongLender.com


A picture of Real Estate Agent Dan Hamilton

Dan Hamilton is the founder of Hamilton & Co. and the lead listing agent for the team. He is the only agent in the Upstate endorsed by Shark Tank star and real estate mogul Barbara Corcoran. Additionally, Dan hosts a weekly radio show on The Answer 94.5 and 106.3 WORD giving tips and advice on real estate and is a frequent contributor for real estate on Your Carolina TV show on WSPA Channel 7. Visit mygreenvillehome.com to learn how Dan can help you sell your home.

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