The South Carolina Upstate
Greenville is part of the Greenville-Spartanburg-Anderson Combined Statistical Area (CSA), an 8-county region of northwestern South Carolina, known as "The Upstate". Greenville has been described as Athens, Georgia for adults. With its historic homes and modern office towers, Greenville has been described as where "Old South" meets "New South". Read more..

Nation's Building News on new housing starts for the month of May, 2008.
Largely offsetting the gain recorded in April, sales of newly built, single-family homes fell 2.5% in May to a seasonally adjusted annual rate of 512,000 units, the Commerce Department reported last week.

Regionally, sales were down 7.9% in the Northeast and 11.6% in the West in May, 2008. Sales gained 5.1% in the Midwest and rose a marginal 0.4% in the South. Read more. Read more...

Housing and Interest Rate Forecast

Housing and Interest Rate Forecast, 06/04/08
	2004	2005	2006	2007	2008	2009
Housing Activity (000) Total Housing Starts Single Family Multifamily New Single Family Sales Existing Single-Family Home Sales	1,949 1,604 345 1,201 5,914	2,073 1,719 354 1,279 6,1818	1,812 1,474 338 1,049 5,703	1,341 1,034 307 768 4,958	935 650 285 540 4,348	921 700 221 624 4,650
Interest Rates Federal Funds Rate 90 day T Bill Rate Treasury Yields: One Year Maturity Ten Year Maturity Freddie Mac Commitment Rates: Fixed Rate Mortgages ARMs Prime Rate	1.35% 1.39% 1.89% 4.27% 5.84% 3.89% 4.34%	3.21% 3.21% 3.62% 4.29% 5.87% 4.49% 6.19%	4.96% 4.85% 4.93% 4.79% 6.41% 5.53% 7.96%	5.02% 4.47% 4.52% 4.63% 6.34% 5.56% 8.05%	2.31% 1.90% 2.11% 3.89% 5.97% 5.22% 5.32%	2.38% 2.28% 2.99% 4.19% 6.19% 5.48% 5.38%
Data are averages of seasonally adjusted quarterly data and may not match annual data published elsewhere. © 2008 NAHB/HousingEconomics. All rights reserved.