The inventory of existing homes for sale is down 10.1% from last year. This explains the modest increase in sales, despite the huge buyer demand. This imbalance between supply and demand has caused the prices of existing homes to increase by 5.1%. If you are considering listing your home for sale, now could be an ideal time as many people are on the hunt for their dream home in Greenwood. In such a competitive market, it is important for both buyers and sellers to know how to play the real estate game. Read more in some of our earlier blogs, "Don't Underestimate the Importance of using an Agent When Selling Your Home" and "4 Tips for Success When Making an Offer." For more information, contact us at (864)341-7774 or lakegreenwoodproperty@gmail.com.