Woman holding house keys outdoors, closeup with space for text. Real estate agent

South Carolina’s Hot Summer Real Estate Market: Why Now is the Perfect Time to Buy, Sell, and Protect!

Picture of Katie Anthony

Katie Anthony

Sales Executive | South Carolina Insurance Brokers

It’s no secret that the real estate market heats up just like the weather in the summertime. According to Zillow, home sellers rake in the most money and sell the fastest in the first two weeks of May. June and July aren’t far behind as the busiest home-selling months. Why? There’s simply more activity in the market during the summer, making it easier for both buying and selling.

Why Summer is Prime Time for Real Estate

  1. More Time, More Viewings: Summer means longer days and better weather, making it convenient for home showings. Plus, people generally have more flexible schedules during this season.
  2. The Clock is Ticking: Buyers and sellers who missed out in the spring feel the pressure to move before school starts, the weather turns, and the holiday season kicks in.
  3. Moving Made Easier: Most homeowners prefer to move between Memorial Day and Labor Day. The weather’s nicer, there are fewer activities to plan around, and you might even persuade friends and family to help with the move!

Why Move to South Carolina?

South Carolina is topping the charts as one of the best places to relocate. And it’s easy to see why! With its low cost of living, high quality of life, access to beaches and mountains, charming southern history, vibrant food and culture scene, and a booming economy, it’s a dream place to call home. Charleston and Greenville are especially hot markets, with Greenville-Spartanburg jumping six spots to number four on the PODS list of most move-ins in 2024. (Check out our thoughts on the 2024 Housing Forecast and see how well we’re doing!)

Protect Your New Home

Once you’ve found your dream home, you’ll need homeowners insurance before you complete the sale. Even though it’s not legally required, your lender will need proof of insurance to finalize your loan. Plus, your home is such a valuable investment, you’ll want to make sure it’s protected. Here’s how to get homeowners insurance in South Carolina:

  1. Talk to Your Agent: Provide details about your home’s size, location, and price so we can recommend the right coverage. Discuss potential discounts for bundling with auto insurance or other options. Any savings can go towards new furniture or landscaping for your new home!
  2. Shop Around: We’re confident you’ll find the best coverage at the right price with South Carolina Insurance Brokers, we know you’ll love working with us. But we encourage you to look around. If you find a better deal, we’ll work to win you over.
  3. Get Proof of Insurance: Once you select a policy, your agent will provide a homeowners insurance package with a certificate of insurance for your mortgage lender.
  4. Arrange Payments: You can pay your premium monthly, quarterly, or annually. Most lenders require a year’s worth of insurance payments in escrow to ensure coverage doesn’t lapse. This also simplifies your life, as the insurance gets paid automatically with your mortgage payment. We’re here to help you figure out the monthly premium with your lender.

Ready to Make the Move?

We’re here to help you get the best coverage possible for your new home. It’s one less thing to worry about while you focus on packing and unpacking! Give us a call or a chat so we can help welcome you to the neighborhood.

Facebook
Twitter
LinkedIn
Pinterest