City of Charleston to Provide Transitional Housing to Residents of Tent City

The City of Charleston and homeless service providers have been working diligently for the past 60 days to assist individuals in tent city with alternative housing options, as the population of tent city has shrunk from 115 individuals to 43 as of March 28, 2016. The city has now arranged to provide transitional housing for all remaining residents of tent city, as more permanent housing solutions are sought

HUD AWARDS $157 MILLION IN DISASTER RECOVERY FUNDS IN SOUTH CAROLINA

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today announced $157 million will be awarded to South Carolina communities for disaster recovery efforts following significant rainfall and flooding in October 2015. The funds will help to meet remaining unmet housing, economic development, and infrastructure needs that resulted from thousands of homes and small businesses being damaged or destroyed.

2015 best year for South Carolina real estate since the recession

South Carolina REALTORS® (SCR) today released its 2015 annual market report. The data shows the real estate market in South Carolina experienced its best year since the end of the Great Recession in 2009

More than 400 South Carolina families helped through Realtor® flood program

In October of 2015 South Carolina REALTORS® (SCR) in partnership with the National Association of REALTORS®, began offering assistance to South Carolina’s flood victims through the REALTORS® Relief Foundation (RRF). As of December 31st, the program has come to a close and the final numbers have been tallied.

South Carolina REALTORS® Release December Market Data

South Carolina REALTORS® (SCR) today released its December 2015 real estate market reports. The data reveals that the South Carolina housing market wrapped up the year on a positive note, with increases in both closed sales and median sales price.

South Carolina REALTORS® Release November Market Data

South Carolina REALTORS® (SCR) today released its November 2015 real estate market reports, showing that residential real estate experienced the best year for that month since the recession. The year is wrapping up to have the best national showing since 2006

South Carolina REALTORS® continues flood victim assistance program through December

South Carolina REALTORS® (SCR) in partnership with the National Association of REALTORS® has extended its REALTORS® Relief Foundation (RRF) flood assistance program to December 31, 2015. The program was originally set to expire November 30th.

South Carolina REALTORS® Release October Housing Market Data

Inventory shrank six percent to 37,453 units, however Prices moved higher as Median Sales Price was up almost eight percent to $174,460. Inventory was down throughout October by 17 percent to 6 months.

South Carolina REALTORS® offer financial help to flood victims through REALTORS® Relief Foundation

The South Carolina REALTORS® (SCR), in partnership with the National Association of REALTORS® is offering assistance to South Carolina’s flood victims through the REALTORS® Relief Foundation

SC REALTORS® joint conference draws 800 Realtors® across two states

South Carolina REALTORS® (SCR) 2015 joint annual conference and expo with the North Carolina Association of REALTORS® (NCAR) at the Hilton Head Marriott Resort and Spa, September 12-15, 2015 drew more than 800 Realtors® across two states. The event, which marked the third time the states have partnered for annual conference, offered attendees an opportunity to network with colleagues across state lines.

SC REALTORS® Release August 2015 Housing Market Data

New Listings were up 3.9 percent to 9,172 statewide. Pending Sales increased 3.2 percent to 5,991. Inventory shrank 5.8 percent to 39,091 units. Prices moved higher as Median Sales Price was up 6.0 percent to $174,900. Days on Market decreased 11.0 percent to 97 days, the twelfth consecutive month of year-over-year declines.

Realtors® staying busy through summer

According to the U.S. Census, homeownership is at 63 percent for the second quarter of 2015- down one percent from the second quarter of 2014. This is the lowest rate of homeownership since 1967. However on a micro level, mortgage applications have kept Realtors® in South Carolina busy through summer

ENDOWMENT RELEASES COMPREHENSIVE REVIEWS ON FOREST INVESTMENT ZONES, CROWDFUNDING INITIATIVE, AND COMMUNITY ENERGY PROJECT

In an effort to build on its history of transparency and reflection, the U.S. Endowment for Forestry and Communities (the Endowment) today released three reports that “look back” on selected significant investments in its programmatic portfolio. Each report is designed to learn from previous successes—as well as missteps—by analyzing impacts, collecting stakeholder feedback, and reviewing lessons learned

June continues promising real estate forecast

South Carolina REALTORS® (SCR) today released its June market data reports showing that the Great Recession is being pushed further into the past. New Listings were up four percent to 10,190 while Pending Sales increased four percent to 6,490. Inventory shrank by almost nine percent to 41,148 units

RESPA change effective date extended to October 3rd

South Carolina REALTORS® (SCR) is alerting its members and the public of the alternate effective date for implementation of the changes to the Real Estate Settlement Procedures Act (RESPA) and Truth in Lending Act (TILA) or TRID (TILA/RESPA Integrated Disclosure)

Congressman Rice Praises Court’s Ruling Against Costly EPA Regulation

Congressman Tom Rice (SC-07) today released the following statement praising the United States Supreme Court’s ruling against the Environmental Protection Agency’s costly power plant regulations

Congressman Clyburn’s Statement on Passage of H.R. 2131, to Rename Federal Building and U.S....

The House of Representatives today passed H.R. 2131, a bill to designate the Federal building and United States courthouse located at 83 Meeting Street in Charleston, South Carolina, as the "J. Waties Waring Judicial Center."

Hot season continues for South Carolina real estate

South Carolina REALTORS® (SCR) today released its May market data reports revealing a continuing hot season for real estate.

More than 500 Realtors® to attend conference in Hilton Head

South Carolina REALTORS® (SCR) and the North Carolina Association of REALTORS® (NCAR) have joined forces to offer a combined annual conference in Hilton Head this September 12-15, 2015. More than 500 Realtors® have already registered for the event.

Sunrun Brings Affordable Home Solar and New Jobs to South Carolina

This year, the company expects to generate at least 50 permanent jobs, ranging from sales consultants to installers to project managers, and plans to open a local office and warehouse facility in Columbia. http://mortgageloans.co

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South Carolina REALTORS® release June market numbers

South Carolina REALTORS® (SCR) today released its June housing market reports. The data show an up-tick in sales and prices for most areas, while the number of homes for sale and total months supply of inventory have been going down.

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House Passes Rice Bill to Strengthen America’s Energy, Save Ratepayers Money

The House of Representatives passed legislation introduced by Congressman Tom Rice (R-S.C.) that would strengthen American investment in nuclear energy and save energy consumers money by clarifying the U.S. tax code to allow for more effective use of the nuclear production tax credit (PTC).