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Simpsonville is a city in Greenville County, South Carolina, United States. It is part of the Greenville, SC Metropolitan Statistical Area . The population was 23,354 at the 2020 census , up from 18,238 in the 2010 census . [ 6 ]
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
On July 21, 2023, the OMB delineated four combined statistical areas, ten metropolitan statistical areas, and six micropolitan statistical areas in South Carolina. [1] As of 2023, the largest of these is the Greenville-Spartanburg-Anderson, SC CSA , comprising the area around Greenville in the state's Upcountry .
Real estate benchmarking is the standard of measurement used to analyze the financial characteristics of a real estate investment property. In the general sense, real estate benchmarking refers to the comparison of potential real estate investment properties against a predetermined framework of measurement. In a narrow sense, the term real ...
As manufacturing, travel services, and real estate became South Carolina's strongest private sectors, new residents were attracted to the state reversing a 150-year-old trend of population loss due to emigration. [146] [147] The growth of the manufacturing industry is particularly strong. Between 2010 and 2018, largely thanks to the plethora of ...
US house price trend (1998–2008) as measured by the Case–Shiller index Ratio of Melbourne median house prices to Australian annual wages, 1965 to 2010. As with all types of economic bubbles, disagreement exists over whether or not a real estate bubble can be identified or predicted, then perhaps prevented.
A property cycle is a sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market. [1] [2] Cyclical patterns are a well-documented and consistent feature of housing markets. [3]
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
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