- What: Fifth Annual Upstate Housing Market Forecast Luncheon
- When: Thursday, March 15, 11:30 a.m.
- Where: TD Convention Center
- Speaker: Joseph Von Nessen, PhD., Moore School of Business, University of South Carolina
- Sponsor: South Carolina Bank and Trust
|Dr. Von Nessen|
Each year your Home Builders Association of Greenville hosts the Upstate Housing Market Forecast Luncheon. This is one of our most popular and well-attended meetings. We invite an economics professional to brief the housing industry about expectations in the housing market for the coming year. Since 2008 HBA members have relied on this meeting to help them plan their businesses for the coming year, and the information presented has been especially valuable in the recent down economy.
This year we have invited Dr. Joseph Von Nessen, Director of the Real Estate Center at the Moore School of Business, University of South Carolina, to be our speaker. Dr. Von Nesson produces the association’s quarterly economic video sponsored by Clark’s Services.
Your HBA of Greenville has released its first quarterly economic report. Produced in partnership with RESH Marketing and sponsored by Clark’s Services, the report will provide HBA members with up-to-date information about the Upstate housing market in an easy-to-consume five-minute video format.
The report is presented by Joseph VonNesson, PhD., CMP, Director of the Real Estate Center at the University of South Carolina Moore School of Business.
A key finding in this quarter’s report is the relatively low component of new construction to existing construction in total home sales. At present, just 17 percent of total housing sales are new construction in Greenville, compared to 25 percent or more in other markets in South Carolina.
Watch the full Upstate Third Quarter 2011 Economic Report at HBAofGreenville.com by clicking here.