COLUMBIA, S.C. – January 25, 2012 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its 2011 Year-End Statewide Market Report and video.

The report indicates that the economy is on the mend. Layoffs have slowed, hiring has accelerated and fewer homes in financial distress are entering the market. Housing demand has stabilized and a steadily expanding construction sector is generating the jobs needed to invigorate recovery. Additional labor market growth combined with record-low mortgage rates have bolstered purchase demand. Armed with cheap money, buyers took to the streets in 2011 and are expected to continue forging new households at a reasonable clip. more »

COLUMBIA, S.C. – January 17, 2012 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its December 2011 statewide market reports.

New Listings in the state of South Carolina decreased 12.4 percent to 5,233. Pending Sales were up 11.4 percent to 3,173. Inventory levels shrank 15.6 percent to 48,158 units, extending the signature trend of 2011. Prices were fairly stable. The Meidan Sales Prices increased 0.3 percent o $150,366. Days on Market increased 3.6 percent to 148 days. Absorption rates improved as Months Supply of Inventory was down 16.0 percent to 11.9 months. more »

COLUMBIA, S.C. – December 19, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) released its November 2011 statewide market reports last week, which included an error in the MLS statistics for Greater Columbia. The original statewide report showed 123 closed sales for November 2011 compared to 435 closed sales for November 2010, which would have indicated a 71 percent loss. Instead, the corrected report shows 491 closed sales for November 2011, resulting in a gain of 12.9 percent. Please see the attachment for more details. more »

COLUMBIA, S.C. – December 15, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its November 2011 statewide market reports. Home prices are one of the most popular barometers of market vitality, yet they only tell part of the story. Soft prices may accompany improvements in other indicators such as purchase demand, absorption reates, seller concessions or market times. more »

COLUMBIA, SC – November 29, 2011 – (RealEstateRama) — United States Attorney Bill Nettles stated today that Robert C. Sasser, age 32, of Lexington, was sentenced in federal court in Columbia for wire fraud, a violation of 18 U.S.C. § 1343. United States District Judge Margaret B. Seymour sentenced Sasser to three years’ imprisonment and ordered him to pay approximately $1.6 million in restitution to Wells Fargo bank. more »

COLUMBIA, SC – November 22, 2011 – (RealEstateRama) — United States Attorney Bill Nettles stated today that Kenneth Paul Holmes, age 48, of Chapin, South Carolina, was sentenced in federal court in Florence, South Carolina, for conspiracy to commit bank fraud, a violation of 18 U.S.C. § 1349. United States District Judge Terry L. Wooten of Florence sentenced Holmes to five months’ imprisonment and ordered him to pay $2,488,398.00 in restitution. more »

COLUMBIA, S.C. – November 15, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its October 2011 statewide market reports. Record low mortgage rates, affordable prices and favorable negotiating leverage seem to be driving purchases. more »

EUGENE, OR – November 4, 2011 – (RealEstateRama) — IDX, Inc. is pleased to announce Brandy Stump of Vintage Estates Realty, LLC as the latest addition to the growing network of real estate professionals choosing to update their websites with an IDX solution. The comprehensive database of Coastal Carolinas MLS (CCAR) is seamlessly displayed on the website Stump hosts, giving home seekers a complete online property search. With the unique IDX solution he presents online, Stump has forever changed the way potential South Carolina buyers search for luxury properties online. more »

EUGENE, OR – November 1, 2011 – (RealEstateRama) — South Carolina property listings are now easier than ever to search for, with the addition of an IDX solution to the professional website of Realtor Howard Brown. Thanks to IDX, Inc., IDX Broker software now supports the innovative search page Brown hosts online. With so many Hartsville, South Carolina properties available through the Greater Pee Dee MLS (PDMLS), the IDX solution Brown hosts dramatically simplifies and narrows the online home search experience for area home seekers. more »

COLUMBIA, S.C. – October 17, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its September 2011 statewide market reports. Like the weather, all real estate is local. As we embark on the fourth and final quarter of 2011, let’s take a look at the South Carolina forecast. more »