Great event last week at the SMC Educational Event at Addison Homes!

Great event last week at the SMC Educational Event at Addison Homes!

What does it look like behind the walls of the first mainstream Zero Energy Home in Greenville SC? 
That’s a question Greenville HBA’s Sales & Marketing Council asked – and Addison Homes answered! On Tuesday, November 11 Builders and Agents met at Addison’s model home in Trailside for a pre-drywall tour.
Construction is currently under way, so this educational event was all about taking a look at the energy-efficient products and processes you won’t see again once the walls go up. Todd Usher, president of Addison Homes, provided an overview of the house as a system; in addition, representatives from vendors including Dow Solar, Velux, Icynene, Prime Energy Group and Wood Insulating were on hand to answer questions about their products.

Did you miss this Learn More, Earn More opportunity “Behind the Walls of a Zero Energy Home”? The SMC of the Upstate will have more education sessions in 2015. Some of the upcoming events include our Builder/ Realtor Panel on January 15th and Housing Market Forecast on February 3rd.  
Todd Usher, President of Addison Homes explaining the features of the Zero Net Energy Home


Website picks Greenville as the fourth best place in South Carolina for job seekers picked Greenville County as the fourth best place in South Carolin for job seekers.  Factors nerdwallet considered include:

  1. Is the county growing?
  2. Can you afford to live in the county comfortably?
  3. Are most people employed?

nerdwallet cited Greenville’s growth rate of 3.9 percent, a median household income of $48,518, and a 6.8 percent unemployment rate as factors in the county’s ranking.

In the top 10 were four counties in the Upstate including Pickens (8th), Oconee (9th), and Anderson (10th).

The top 10 counties in South Carolina for job seekers are:

  1. Lexington County
  2. Beaufort County
  3. Kershaw County
  4. Greenville County
  5. Richland County
  6. York County
  7. Aiken County
  8. Pickens County
  9. Oconee County
  10. Anderson County

A combination of a higher average income, lower monthly housing cost, and lower unemployment rate pushed Lexington County into the top spot.

Read the complete report at by clicking here.

Greenville MSA makes the Improving Markets Index for the sixth consecutive month

Anderson makes the list for the first time in November

For the sixth straight month, the Greenville MSA (Greenville, Laurens, and Pickens counties) made the NAHB/First American Improving Markets Index (IMI). The list of U.S. housing markets showing measurable and sustained improvement rose by 22 to include 125 metros in November. This number includes representatives from 38 states and the District of Columbia, up from 32 states in October. One other city from South Carolina made the list: Anderson.

“Greenville’s inclusion on the Improving Markets Index is testimony to the solid improvements our housing market has made in the last year,” Robert Markel, CGR, President of the Home Builders Association of Greenville, said. This marks a third consecutive monthly gain for the index.

The index identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. That means Greenville has been improving for a full year. Markets added to the list in November include such geographically diverse locations as San Diego, Calif.; Gainesville, Fla.; Omaha, Neb.; Louisville, Ky.; and Charlotte, N.C.

“Not only did 22 additional markets qualify for the improving list in November, but the geographic distribution of included metros expanded from 33 states to 38 (plus the District of Columbia), while 97 out of 103 markets retained their spots on the list from the previous month,” observed Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “This shows that a housing recovery is firmly taking root and helping generate needed jobs and economic growth across much of the country — though we know that this expansion could be even stronger were it not for ongoing challenges including overly tight lending conditions and difficult appraisals.”

“The solid increase in the number of improving housing markets this month illustrates the degree to which the housing recovery has gained momentum since we initiated the IMI last year,” noted NAHB Chief Economist David Crowe. “Compared to the 30 markets that made the list as of November 2011, we now have 125, which is about one-third of all the markets surveyed for this index.”

“This new high point for the Improving Markets Index provides the latest evidence that housing has turned a corner due to rising demand from consumers who are increasingly confident about the direction of local home values,” said Kurt Pfotenhauer, vice chairman of First American Title Insurance Company.

The IMI is designed to track housing markets throughout the country that are showing signs of improving economic health. The index measures three sets of independent monthly data to get a mark on the top improving Metropolitan Statistical Areas. The three indicators that are analyzed are employment growth from the Bureau of Labor Statistics, housing price appreciation from Freddie Mac and single-family housing permit growth from the U.S. Census Bureau. NAHB uses the latest available data from these sources to generate a list of improving markets. A metropolitan area must see improvement in all three measures for at least six consecutive months following those measures’ respective troughs before being included on the improving markets list.

A complete list of all 125 metropolitan areas currently on the IMI, and separate breakouts of metros newly added to or dropped from the list in November, is available at

Greenville makes list of improving markets for fourth month

The number of improving housing markets across the country rose to 99 in September, according to the National Association of Home Builders/First American Improving Markets Index (IMI). This is up from 80 metros that were listed as improving in August and includes representatives from 33 states as well as the District of Columbia.

The index identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. Markets added to the list in September include Tucson, Ariz.; Jacksonville, Fla.; Springfield, Ill.; Greenville, N.C.; and Bend, Ore.

Greenville, SC has been on the list for four months. Click here to learn more.

Better Homes and Gardens Real Estate ranks Greenville fifth for fun and affordability

Better Homes and Gardens Real Estate ranked the top 25 cities in the country for affordability and fun.  The website looked at every zip code in the country for the following factors:

  • Median home price is within 20 percent of state median income; and
  • The greatest number of bars and restaurants within the zip code

The top 5 included

  1. Ocean City, MD
  2. Ala Moana-Kakaako are of Honolulu, HI
  3. Tempe, AZ
  4. Scottsdale, AZ
  5. Greenville, SC

Other cities of interest include Wilmington, NC (7), Winston-Salem, NC (10), Florence, SC (13), Gainesville, GA (14), Myrtle Beach, SC (15), North Charleston, SC (23), and Athens, GA (24).

Read the entire report at BloombergBusinessweek by clicking here.