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Should I Hold, or Should I Sell?

  • Writer: Ien Araneta
    Ien Araneta
  • Jun 12, 2024
  • 5 min read

When real estate shifts, minds shift with it. Questions simmer. Curiosity kicks in. And lately, no question has been louder across the Upstate than the timeless dilemma: Should I hold, or should I sell?


It’s a question shaped by trends, timelines, emotional ties, and—let’s be honest—the occasional burst of regret or relief when scrolling through Zillow at midnight. The transcript behind this blog offers something rare: a candid, grounded look at what types of properties make sense to keep, which ones are showing warning signs, and how today’s evolving tastes are reshaping the local market.


What emerges is not a one-size-fits-all answer but a practical guide shaped by lived experience, shifting demand, and the realities of Greenville’s changing landscape (because sometimes the market feels more dramatic than a reality-TV reunion).


Should I Hold, or Should I Sell?


Greenville Real Estate: Hold or Sell?


At the center of this episode is one deceptively simple question: Hold or Sell? It sounds straightforward, but in practice, it’s a bit like deciding whether to keep leftovers or toss them — everyone swears there’s a system, yet somehow the fridge still becomes a science experiment (Greenville real estate isn’t much different). And in Greenville’s evolving landscape, the answer depends entirely on the type of property, the trends shaping buyer behavior, and how quickly certain styles rise—or fall—out of favor. The transcript walks through each category with clear reasoning, revealing which homes are poised for long-term strength and which ones may be better off sold before conditions shift.


Should I Hold, or Should I Sell?


Mid-Century Modern Homes


Mid-century modern homes are having a moment—an unexpectedly powerful, trendy, runaway hit of a moment. Their rooflines, massive windows, clean geometry, and streamlined silhouettes have become the antidote to the fatigue many buyers feel toward production-built homes.


But here’s the twist: trends don’t last forever.


According to the transcript, demand for mid-century modern properties surged only in recent years. Before that, many buyers dismissed them as “odd” or outdated. That’s the nature of trends—they swing like a pendulum.


Since these homes are hot right now, the suggestion is clear: this category leans “sell.” Their popularity may fade as quickly as it arrived. Selling on the crest of the wave often beats waiting until the tide goes out.



Beachfront Real Estate


The allure of beachfront living is undeniable—sun, sand, and the kind of postcard views that feel unreal. But the transcript makes two realities equally undeniable:

  1. Insurance costs are skyrocketing, especially in coastal states.

  2. Sea-level rise isn’t zero-risk, even if the timeline is uncertain.


Homeowners in Florida are already watching their premiums climb into the tens of thousands. South Carolina isn’t there yet, but the transcript points out that similar conditions exist.


For those reasons, beachfront real estate—especially in high-risk zones—leans “sell.” Not because it isn’t beautiful, but because waiting may mean selling under pressure later, when costs rise or conditions worsen.



Homes That Need Updating


Here’s where the recommendation flips.


Homes requiring cosmetic or structural updates face a tough market today. Buyers are stretched thin by high rates and high prices, leaving little budget left for renovations.


That makes updated homes competitive—and homes needing work… less so.


Selling “as-is” in this environment usually means one thing: discounting below market value. And that’s rarely a seller’s dream scenario. According to the transcript, the smarter move is simple:


Hold the home or complete the updates, then sell.


Either route typically leads to a better outcome than selling tired features into a high-cost market.




Homes Near Power Lines


Another “hold” category emerges here—not because these homes are currently high-value, but because public perception may shift.


The transcript notes that many buyers today are hesitant about proximity to power lines, even though concerns may be more emotional than evidence-based. If future studies or technological changes ease those fears, home values could stabilize—or even rebound.


Holding gives the homeowner time to ride out the trend rather than selling into skepticism.



Large Homes (5,000 sq ft and Above)


Demand for enormous homes is shrinking—and the reasons are woven tightly into demographic patterns:

  • Birth rates are declining.

  • Families are getting smaller.

  • Fewer people feel the need (or desire) to manage five, six, or seven thousand square feet.


Large homes may still have prestige, but prestige isn’t the same as long-term demand. Their maintenance costs, utility bills, upkeep needs, and shrinking buyer pool create a picture that leans “sell.” Not urgently—but strategically.


The transcript makes it clear: these shouldn’t be 30-year holds.



Homes With Acreage

Here, the tune changes again. Acreage is becoming increasingly valuable. As lot sizes shrink and density grows, homes with land offer something irreplaceable: space, privacy, usability, and scarcity.


The transcript frames acreage as “literal gold,” and that’s no exaggeration for future value.


Recommendation? Hold. Or in stronger terms: Don’t even think about selling right now.



Condos and Apartments


This category receives one of the strongest warnings in the transcript.


Multiple factors create risk:

  • High supply: new units are being built at a rapid rate.

  • Vulnerable HOA/condo associations with weak reserves.

  • Financing difficulties occur when owner-occupancy ratios fall.

  • Special assessments that can hit suddenly and hard.


These variables create volatility and limited control over value. Because of that, condos and apartments lean firmly toward “sell.”




Homes Surrounded by Commercial Development


This is where patience becomes profit.


Homes situated in or around high-value commercial corridors often appreciate faster than traditional residential properties. Walkability, accessibility, vibrancy—these factors increase desirability over time.


Developers may eventually come knocking with attractive offers, too.


Recommendation: Hold. This category benefits from time, not haste.



Homes Near a Growing Downtown Area


Similar to the previous example, but even more pronounced.


Growing downtowns attract businesses, residents, and investment. When demand rises but land availability stays limited, property values climb. The transcript clearly frames these as strong long-term holds.



Production-Built Homes


The final category makes one thing clear: demand for production-built homes may erode over time.


Why?

  • Oversupply

  • Homogeneity

  • Shifting buyer tastes

  • Demographic changes

  • Doubts about long-term durability


The transcript emphasizes that while these homes serve a purpose today, they may not hold value decades into the future.


This category leans toward selling, especially before demand softens.



Watch Or Listen To The Selling Greenville Podcast


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Bottom Line


The real estate question of “Hold or Sell” rarely has a universal answer, but this transcript offers clarity rooted in timing, trends, and understanding how value evolves.


Some properties are rising stars—mid-century modern homes, acreage, homes near commercial corridors, and homes near vibrant downtowns. Others face increasing pressure from shifting demographics, insurance spikes, or oversupply.


The takeaway is simple: not all real estate should be treated equally. Some homes reward patience. Others reward timely exits. And understanding that difference may shape thousands—sometimes hundreds of thousands—of dollars in long-term value.



Ien Araneta

Journal & Podcast Editor | Selling Greenville

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