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Greenville Housing Market: 2022 Challenges and Opportunities
Community Rewind: Growth Continues to Inspire, Challenge Development
Greenville faced economic challenges and opportunities in 2022, including a housing market struggling with high demand, rising prices, and a lack of affordable options. The region attracted significant corporate investment, including investments from BMW Manufacturing ($1.7 billion), Health Supply US ($150 million), and the Peace Center ($36 million). Smaller municipalities in the area have also seen growth and development.
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Affordable housing is a major buzz word in the Upstate right now. As people move in, it creates more demand for housing of all kinds. And with a short supply of available housing, that has created a major increase in prices.
Blog on the challenges facing housing in Upstate South Carolia
Affordable Upstate, a developer and creator of affordable housing in Greenville, Anderson and Spartanburg