At their meeting in November, Greenville County’s Planning Commission approved a new procedure for review and approval of Final Development Plans.
Beginning immediately, Final Development Plans will be reviewed and approved by Greenville County staff. The review is for consistency with the Preliminary Development Plan. If the Final Development Plan differs significantly from the Preliminary Development Plan, the project could be required to be resubmitted to the Planning Commission. In addition, if the developer disagrees with an action taken by county staff, the developer may appeal the decision to the Planning Commission.
Planning staff will provide the Planning Commission with a report each month of Final Development Plans that have been reviewed and approved.
This change will save about 45 days in the development approval process and is the result of your HBA continuing to work with Greenville county to speed up the development review process.
Featured Home: Sexton Griffith Custom Builders was presented with a 2017 Bridge Award, presented by GBS Building Supply, for Best Kitchen, New Home $2 million to $4 million, for their project on East Fort George Way.
By Matt Shouse, APB, President, Home Builders Association of Greenville and Partner, LS Homes
The housing market has become very tight nowadays. In most places, prospective buyers are seeing fewer and fewer properties, especially ones that meet their budget. Based on this Housing Trends Report finding by the National Association of Home Builders, those who plan to buy this year should not expect their choices to grow.
This issue is also very common here, around the Upstate. According to the Greater Greenville Association of REALTORS®, the current time on the market for residential listings is less than 100 days. Further, based on building permit data collected by the Home Builders Association of Greenville, new home building activity has only returned to pre-recession levels in just one Upstate county: Spartanburg County.
As a result, affordability continues to be a concern for home buyers. Nearly 8 out of 10 prospective buyers in the survey said fewer than half of the houses they saw in their search were priced within reach. The survey shows that the average new home search takes more than three months.
In fact, 49% of those who have been looking for at least three months, had not yet purchased a home because they were unable to find one that fits their budget. The survey also found that 44% of buyers prefer an existing home to a newly built one. But almost as many as 38% have no preference, while 18% prefer new construction. These findings prove that either a newly built or existing home would suit most shoppers. An uptick in the supply of homes, whether new or existing, will improve the picture for most buyers — as long as the new supply comes in at an affordable price.
So what happens if people hoping to buy don’t find what they want in the next few months? 61% of those polled said they will continue looking for the right home in their preferred location. Some said they will expand the area of their search, accept a smaller or older home, or pay more than they originally intended. Just 18% said they will give up and try again in the future.
Want to learn more about the Upstate Housing Market?
The Annual Upstate Housing Market Forecast is set for Tuesday, January 22, 11:30 a.m., at the Greenville Convention Center. The keynote speaker is Dr. Robert Dietz, Chief Economist of the National Association of Home Builders. To register, visit HBAofGreenville.com.
Late last year MetroConnects threw Greenville County government, and developers and home builders, a curve ball when they announced that they would no longer accept a financial security guarantee deposited by the developer with Greenville County. This announcement had the effect of adding several months to the process of finishing a development and making it ready for builders to buy lots and begin building homes.
After considerable negotiation and lobbying, that included your Home Builders Association, Greenville County announced Friday that the current Financial Security Process will remain unchanged–for now. This is good news. Read the county’s announcement below:
Over the past few months there has been some discussion about modifying the process for acceptance of the line item cost for sewer and water completion.
Until further notice, the process will remain the same to include the line item for these costs. All parties have agreed to discuss this further with all the sub-sewer districts and develop one policy that applies to the entire county. Once a final decision is reached ample notices will be given if the current policy is changed.
The current policy is still subject to review by the utility provider and approval by the Assistant County Administrator for Community Planning, Development and Public Works or her designated representative. If approved, the cost estimate form for financial security shall include the full cost of the installation of the water and sewer lines. Additionally, the financial security amount shall be based on 125% of the cost estimate approved by the County at the time financial security is accepted.
Subdivison Administration Team
Land Development Division
Within 150 miles of Greenville:
- More than 100,000 residential single-family permits were issued, more than 10 percent of all housing starts in the U.S.
- More than 38 million people called that area home
- Construction accounted for 671,000 jobs
Have a look at this list of cities in the area and the housing production in each market:
- Atlanta, GA: 33,832
- Charlotte, NC: 14,818
- Raleigh, NC: 13,362
- Myrtle Beach, SC: 8,587
- Charleston, SC: 7,267
- Greenville, SC: 6,747
- Greensboro, NC: 4,658
- Savannah/Hilton Head: 4,400
- Columbia, SC: 3,838
- Knoxville, TN: 3,789
- Augusta, GA, 3,300
- Asheville, NC: 2,593
- Chattanooga, TN: 2,243
Featured Home of the Week from the Upstate Parade of Homes: The Cambridge at Braxton Ridge by Aurthur Rutenberg Homes.
By Matt Shouse, APB, President, Home Builders Association of Greenville and Partner, LS Homes
It is the New Year, and you would like to rejuvenate your home. You are not going to move walls or add on. But you would like to breathe some new life into where you live. Here are a few easy updates that will make your house seem instantly new to you.
Paint the trim. Refresh your main living space by painting the trim. Crisp baseboards and moldings go a long way to revitalizing the whole room.
Replace or recover a piece of furniture. Even one new chair or a reupholstered sofa can refresh an entire room. Create a new focal point with a new coffee table, mirror, or area rug. Even without new furnishings or upholstery, rearranging your furniture will breathe new life into a room.
Add fresh accessories. Pillows and throws can quickly change a room’s style by adding vibrant colors or calming neutrals, while also enhancing warmth and comfort. Floor-to-ceiling drapes just outside a window’s width expand a room up and out.
Make your home a little smarter. There are a variety of economical smart-home hubs to choose from today. It is easier than ever to take that first step into the world of smart-home living. From there you can add smart appliances, door locks, garage door opener, thermostat, and home security system.
Give a small bathroom a new character. Bright-colored walls really make a small bathroom pop, and feel larger. Meanwhile, colors and patterns can overwhelm a large room, so go the other way and make a larger bathroom an oasis of serenity with light blue-grey walls.
Look at lighting with new eyes. Is there an area that could use more light? A warmer glow? Add a lamp to a table in a dim corner to open up the room. Pendant lights are not just for dining areas — a stylish pendant fixture hanging next to the arm of the sofa or guest bed is an object of interest as well as a source of light. In the kitchen, install LED strip lighting under cabinets where work surfaces below could use a little illumination.
For more information about taking the next step and remodeling your home, and to find an Approved Professional Remodeler to help you with your project, visit HBAofGreenville.com.
A new law regulating homeowners associations became effective last May when Governor Henry McMaster signed it.
A key provision of that law takes effect January 10. It requires HOA’s to record with the county Register of Deeds office all bylaws, declarations, or master deeds, or any amendments to them.
Here is a quick run down of what else the law does:
- Rules and regulations are enforceable as soon as they are passed but must be available to the association members through dissemination or posting in a manner defined in the bill (conspicuous place or online). In order to keep enforcing any new rules, they must be recorded with the county Register of Deeds on or before January 10 of the following year.
- If the HOA is not incorporated under S.C. Nonprofit Corporation Act, the HOA must provide 2-days notice of a proposed action to increase the budget.
- The Magistrates Court now has jurisdiction over HOA monetary disputes.
- Requires the Department of Consumer Affairs to collect certain information from citizens who call about HOAs and to furnish the General Assembly a report of that information annually. Consumer Affairs has no other authority over HOAs.
- Requires the owner who is selling property to disclose if it is a part of an HOA.
If members have any questions about this legislation and how it might affect an HOA that you manage, your question can be submitted to the Gallivan White & Boyd Legal Hotline.