Greenville SC has been experiencing a lot of growth since it was named the fastest-growing city in America. With a population increase of over 5% and an average home price that is higher than nearby cities, Greenville SC real estate is one of the hottest markets to invest in right now.
Sellers who are looking to make their move should consider listing their homes or apartments for sale before prices continue to rise. Buyers will be able to find more options because inventory will still be plentiful while housing prices stay competitive with other areas around the country. It might be time for you to list your property!
Auto Manufacturing in Greenville SC
The auto manufacturing industry, especially the BMW manufacturing plant in Greer, South Carolina, is expected to increase from this year up until 2022 by 11%. For those of you interested in auto manufacturing (specifically auto plant jobs) or even auto manufacturing laborers (wages typically range between 10-20 an hour), consider looking into how much money you can make in auto manufacturing.
Residential Real Estate in Greenville SC
The auto manufacturing plants are not the only ones doing well in Greenville, South Carolina. The residential real estate industry there has seen an influx of new residents and also helped out with the increase in job opportunities thanks to the multiple manufacturing plants in the area.
In fact, homebuilders have noted that building homes for families who work at BMW’s manufacturing plant or even those working for Nestlé have resulted in a population boom since 2000 that has been sustained to this day. It was noted that, even in the agricultural sector where owning a horse property has grown in popularity, growth in Greenville, SC was forecasted to grow by 1.4% steadily until 2022.
Industrial Real Estate in Greenville SC
Industrial real estate is doing well in Greenville, too. The industrial real estate space has helped out in other ways with companies purchasing land to help create more jobs as well as lodging spaces for folks who work in that area or even lodges for visitors.
Real estate isn’t stagnant. In fact, you should see growth by 11% this year and gradually decline to 3%. So whether you’re looking at relocating or staying put, try investing in Greenville , South Carolina if you want that auto manufacturing job. However, plan for the amount of money it takes to live there long-term. If you have questions, contact a reputable real estate agent who has attended real estate school to help you start this journey!