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PODCAST

Selling Greenville

Greenville, SC (aka "The Upstate") is a great place to buy and sell real estate, and that"s what this podcast is all about! Stan McCune has been a real estate investor in the Upstate since 2013 and a realtor since 2016, and he shares his experiences and best practices, specific to the Greenville real estate market.

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All Episodes

54:05

227: 2024 Elections Are Already Impacting Local Real...

Selling Greenville ·

2024/07/03

Election years always have a weird impact on real estate, and that's never been more true than this year. Not only are the Presidential elections impacting real estate (a well-known phenomenon that happens every four years), but in Greenville, more than ever, state and local races are proving to be hugely influential in things like development, infrastructure, etc. Long story short, we are entering a new era of Greenville and Spartanburg voters backing politicians who are more focused on

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28:21

226: Is a Buyer's Market Coming?

Selling Greenville ·

2024/06/26

As we look at the Greater Greenville Association of REALTORS market stats, a theme emerges: supply is increasing faster than demand, resulting in a softening market. Does that mean it's a buyers market? Not yet, but we may be closer than people realize to it *feeling* like a buyers market, even with prices as high as they remain.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)

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29:23

225: My Experience with Solar Panels

Selling Greenville ·

2024/06/19

Solar panels are one of the most controversial topics in real estate in SC, with some believing homeowners have a moral responsibility to use solar to help with climate change, while others on the opposite side of the spectrum believe that solar panels are nothing more than an expensive scam. Well, I finally had a chance to purchase and sell a home with solar panels, and it was a big learning experience. If you've ever wondered what buying, owning, and or selling a home with solar is like, this is

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36:47

224: Should I hold, or should I sell?

Selling Greenville ·

2024/06/12

Should I hold, or should I sell? That's a question investors ask themselves daily, but people who own real estate, even if they aren't "real estate investors," should also be thinking about this. There are a lot of changes coming - potential declining populations, rising insurance costs, decreasing supply for homes with acreage, etc. - that will almost certainly impact the value of real estate in the future. So let's discuss 10 types of properties and whether they are hold or sell candidates.This

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49:14

223: Mailbag Time: Stan answers listener questions

Selling Greenville ·

2024/06/05

For the first time since Selling Greenville was inaugurated, Stan has solicited listener questions for a massive mailbag episode. Tune in to learn about what headwinds are in the Greenville market, when it makes sense to rent or buy, what differentiates Greenville from the rest of the US in terms of our real estate market, and even whether a hot dog is a sandwich! 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

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65:06

222: Is it a buyer's market? Not according to just...

Selling Greenville ·

2024/05/29

We finally have the April market stats for the Greater Greenville area, and several things stand out. Most significantly, even though we are finally seeing things like active inventory normalize to pre-pandemic levels, many numbers, such as days on market, median sales price, etc. still point to Greenville being a seller's market. So why does it feel to many like a buyer's market? In this week's episode, Stan and Joel Mangin discuss these stats and why perception and reality don't always agree when

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50:24

221: Foreclosures, potential flips, and low...

Selling Greenville ·

2024/05/22

For the first time in 5 years, we're seeing foreclosures, short sales, and cheap (potential) flips coming online in Greenville, SC. Oh and questionably low appraisals are back too! Are we in or entering a buyers' market? And how will rates coming down, realtor compensation changes, etc. impact the state of the market? Let's talk about where things stand in the Greenville RE market and why it feels a lot different now than it has for nearly half a decade.As always, if you have any questions or

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51:23

220: Elections come to Greenville with real estate...

Selling Greenville ·

2024/05/15

It's election season, and real estate is top of mind for those running for office in Washington, DC, in SC, and in Greenville. I've spoken to legislators, politicians, and people running for office at all levels of government, and it's time to crack open the notebook and spill all my secrets on what is happening behind closed doors, and what it means for real estate, and our local elections. As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to

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20:18

219: Diagnosing Home Structural Issues

Selling Greenville ·

2024/05/08

One of the things that scares people the most when buying a home is the possibility of it having structural issues. The reality is that most issues we deem "structural" are relatively easy and inexpensive to fix, but it's still helpful to be able to identify structural issues and diagnose their severity as much as possible prior to getting a home under contract (or prior to listing a home, if you're selling one). It's something I am very conscientious of when walking through a home, so let's discuss

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40:37

218: Why Millennials and Boomers still dominate real...

Selling Greenville ·

2024/05/01

Very seldom do we see a real estate market driven by retirees, but that's exactly what we see now with Boomers having a much larger portion of real estate market share than normal. Meanwhile Gen X has been almost left behind and Millennials are still trying to find their way in a historically unaffordable market. What is the cause of these seemingly upside down demographics, and what other factors impact home buying and selling in this market? Let's look at some fascinating data the National

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31:18

217: The RE market is softening but demand stays...

Selling Greenville ·

2024/04/24

Looking at the final data we have for Greenville in Q1 2023, the market is finally starting to see some stability. Some of the data shows potential market softening, but much of it is indicative of strong demand still pushing up prices, pendings, and closings while driving down days of market and affordability. The question now is will mortgage rates go up, down, or stay roughly the same throughout the remainder of the year? That will ultimately determine whether we see demand continue to strengthen

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31:22

216: Market Moves, Sellers Slash Prices

Selling Greenville ·

2024/04/17

In this episode, we delve into the dynamic Greenville real estate market, now grappling with the impact of rising mortgage rates. We'll explore the significant price adjustments sellers are making—how often are prices being dropped, and by what average amount? What implications do these changes hold for both buyers and sellers? Join us as we unpack the latest trends and forecasts, providing you with the insights needed to navigate this evolving landscape.As always, if you have any questions or

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23:58

215: Using Section 8 Rentals as a Rent Deflation Hedge

Selling Greenville ·

2024/04/10

There are a lot of misconceptions about the Section 8 rental program in Greenville, but I heard one recently that I had never heard before, and that's that it was an "unpredictable" program. Not only is this not true, but the Section 8 program in Greenville is substantially *more* predictable than the private rental market as a whole. The end result of this is that when market rents sometimes come down as a result of various market forces, Section 8 rentals can actually be a great rent deflation

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41:17

214: Identifying Local Real Estate Bubbles

Selling Greenville ·

2024/04/03

Doomers are constantly talking about "the real estate bubble bursting," but the reality is that the dynamic we saw in 2007-08 of the entire US housing market crashing at one time is unusual and not likely to repeat itself any time soon. What we do see, however (and particularly since COVID), is localized markets forming bubbles that inevitably burst. In fact, we are experiencing this currently in one very specific part of the Upstate of SC: Laurens County, which has seen substantial price declines

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22:23

213: Market stats show weird trends in Greenville

Selling Greenville ·

2024/03/27

As we look at the most recent market stats for the greater Greenville area, some weird data trends begin to appear. Listings are up but pendings are down. Pendings are down, but closings are up. Prices are still high and increasing but not everywhere. Closings in the sub $500,000 price point are decreasing whereas above that price point are increasing. What is the cause of all these odd blips in the data? Let's talk about it, with a focus more on the big picture of what's happening in today's

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45:59

212: The Death of the 6% Real Estate Commission???

Selling Greenville ·

2024/03/20

On March 15 the National Association of REALTORS® announced a proposed realtor compensation settlement for the Sitzer/Burnett case, and the national media immediately put out a ton of clickbait headlines about the sudden "end of the 6% commission." As with most things, the media got this one wrong, but there is MUCH to talk about with regard to this settlement. Buyer agents are going to have to work with their clients in very different ways moving forward, and we may be entering into a completely

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28:40

211: President Biden wants to make housing...

Selling Greenville ·

2024/03/13

During his State of the Union address on March 7, 2024, President Biden outlined multiple proposals for how to make housing more affordable:-A $400/mo credit for first time homebuyers or people "trading up" -Title insurance reform to reduce fees -Measures to stop anti-trust violations and price-fixing among big landlords -Cutting red tape on federal financing for developers, etc. Some of these proposals sound good on the surface, but without question, several of them are legitimately dangerous

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50:42

210: Deep Diving into Upstate Sub-Markets

Selling Greenville ·

2024/03/06

"The Greenville real estate market is strong," is what we keep hearing, but making a statement like that is painting with broad strokes. Some parts of the Upstate of SC are getting stronger and some are softening, but which is which? Thankfully, there is a little known report called the Market Conditions Addendum Report that I can run that looks at where the market is trending. And so in this episode, we break down 12 sub-markets to see which areas of the Upstate are getting softer, which are

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