Yearly Archives: 2012

COLUMBIA, S.C. - December 14, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its November Statewide Market Reports, and there was a lot to be thankful for throughout the month - historically low mortgage rates and affordable prices. Sellers were thankful for increased sales, less competition and faster market times. Challenges persist, but there is more reason for optimism going into 2013.

Bluffton, SC - December 10, 2012 - (RealEstateRama) -- Imagine Ms. Johnson climbing into a classic New York City yellow taxi strategically placed in the middle of a brand new 12,000 square foot building; to the right Ms. Golden enjoying sundaes and Bing Crosby tunes in the old fashioned ice cream parlor; to the left Ms. Billings shopping in the 1940's department store; to the front Mr. Ryan picking up newspapers, boxing gloves and stamps in the book nook, vintage sporting goods store and post office; to the back Mr. Samuels stopping by the barber shop for his weekly shave and haircut. Moments later, they enjoy time together in the outdoor courtyard complete with putting greens, dog parks and shuffleboard courts.

COLUMBIA, S.C. - November 14, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its October Statewide Market Reports. It's been a comeback year for the housing market. As we round out the remaining two months of the year, let's recap. Most markets have shed listings, resulting from strong sales and sluggish seller activity. There has been a general easing of foreclosures and short sales, meaning distressed listings are dragging prices down less than in recent years. So it's both about market fundamentals and market composition.

COLUMBIA, S.C. - November 6, 2012 - (RealEstateRama) -- The South Carolina CCIM Chapter has recognized 6 chapter members who recently earned the Certified Commercial Investment Member (CCIM) designation from the CCIM Institute, one of the leading commercial real estate associations in the world.

COLUMBIA, S.C. - October 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its September Statewide Market Reports. In comparing the numbers to September 2011, New Listings in South Carolina increased 0.5 percent to 7,173, while Pending Sales were up 14.6 percent to 4,148. Inventory levels shrank 13.9 percent to 47,520 units. Prices gazed skyward. The Median Sales Price increased 4.3 percent to $154,000. Days on Market was down 11.3 percent to 126 days. The supply-demand balanced stabilized as Months Supply of Inventory was down 24.1 percent to 10.6 months.

COLUMBIA - October 12, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that the Housing Authority of the City of Columbia will receive $250,000 to execute grassroots efforts to revitalize the public housing at Allen Benedict Court and Gonzales Gardens of East Central Columbia.

COLUMBIA - October 10, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Donovan today announced $691,036 in grants to help 204 senior citizens and persons with disabilities in South Carolina to receive health care, meals, and other critical supportive services. The grants are awarded through HUD's Multifamily Housing Service Coordinator Program (MHSC).

COLUMBIA, S.C. - September 27, 2012 - (RealEstateRama) -- North and South Carolina REALTORS® (SCR) joint Annual Conference and Expo, ComeTogether, was a big success with more than 700 REALTORS® from across both states in attendance. The event was held at the Savannah International Trade and Convention Center, September 9-11. Highlights of the conference are listed below. Photos and interviews are available upon request.

COLUMBIA, S.C. - September 14, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its August Statewide Market Reports, and it appears the South Carolina housing market is on the up-swing.

COLUMBIA, S.C. - August 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its July Statewide Market Reports. In comparing the numbers to July 2011, New Listings in South Carolina increased 2.0 percent to 7,907, while Pending Sales were up 11.0 percent to 4,777. Inventory levels shrank 15.1 percent to 48,625 units. The Median Sales Price increased 4.0 percent to $156,000 and Days on Market was down 7.5 percent to 130 days. The supply-demand balance stabilized as Months Supply of Inventory was down 23.6 percent to 11.1 months

WASHINGTON, D.C. - August 15, 2012 - (RealEstateRama) -- The Justice Department announced today that John Wingard Altman has agreed to pay $25,000 to settle a lawsuit involving violations of the Fair Housing Act at Altman Apartments, a 16-unit apartment complex he owns in Summerville, S.C. In July 2012, the court, ruling on a motion filed by the government, found that the defendant had violated the Fair Housing Act by discriminating against families with children.

WASHINGTON, D.C. - August 14, 2012 - (RealEstateRama) -- The Justice Department announced today that John Wingard Altman has agreed to pay $25,000 to settle a lawsuit involving violations of the Fair Housing Act at Altman Apartments, a 16-unit apartment complex he owns in Summerville, S.C. In July 2012, the court, ruling on a motion filed by the government, found that the defendant had violated the Fair Housing Act by discriminating against families with children.

COLUMBIA, S.C. - July 17, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June Statewide Market Reports. We're halfway through 2012 and what a year it's been. Residential real estate has finally taken some meaningful strides toward recovery, and they've all been self-powered without intervention. There have been some head fakes in the past, but there's real reason to believe that market turnaround awaits us.

EUGENE, OR - June 26, 2012 - (RealEstateRama) -- IDX Broker software is now enabled on the website of Gilbert McDougal, thanks to his partnership with IDX, Inc. the innovative IDX solution can easily be displayed and utilized on his professional website. With the additional Coastal Carolinas MLS(CCAR) MLS listings, thousands of properties are automatically synced to the website McDougal hosts, giving his clients and other South Carolina home seekers the unique ability to experience a comprehensive property search online. Never before has such an easy-to-use real estate solution been so widely accessible and available to potential buyers, as now thanks to McDougal and his IDX solution.

COLUMBIA, S.C. - June 19, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its May Statewide Market Reports. Comparing the numbers to May 2011, New Listings in South Carolina decreased 17.5 percent to 7,250, while Pending Sales were down 5.2 percent to 4,327. Inventory levels shrank 16.4 percent to 49,308 units. The Median Sales Price increased 1.0 percent to $150,498 and Days on Market was down 0.6 percent to 141 days.

EUGENE, OR - May 31, 2012 - (RealEstateRama) -- IDX, Inc. has enabled an IDX solution on the professional website of Shelton Twine, syncing thousands of detailed Consolidated MLS (CMLS) listings instantly with the search page Twine hosts. Elgin, South Carolina potential buyers can access a comprehensive database of up-to-the-minute property listings with the online solution IDX Broker supports on Twine’s website. Great Southern Homes Realty and Twine now host one of the most helpful online real estate websites available online.

COLUMBIA, S.C. - May 21, 2012 - (RealEstateRama) -- Realtors® from across the country converged in Washington, D.C., last week during the National Association of Realtors® 2012 Midyear Legislative Meetings & Trade Expo. South Carolina Realtors® (SCR) President Gordon Seay was among them. Seay also joined an estimated 15,000 Realtors® and members of Congress at the Washington Monument to rally on behalf of homeowners, real estate investors and those who aspire to homeownership.

COLUMBIA, S.C. - May 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its April Statewide Market Reports. New Listings in South Carolina decreased 6.2 percent to 8,863. Pending Sales were up 18.1 percent to 5,243. Inventory levels shrank 16.1 percent to 49,593 units.

COLUMBIA, S.C. - April 17, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its March Statewide Market Reports. New Listings in South Carolina decreased 11.3 percent to 9,413. Pending Sales were up 8.6 percent to 5,254. Inventory levels shrank 15.9 percent to 49,249 units. Prices were fairly stable. The Median Sales Price decreased 0.1 percent to $144,825 and Days on Market was down 4.4 percent to 139 days. Absorption rates improved as Months Supply of Inventory was down 19.6 percent to 11.8 months.

March 22, 2012 - (RealEstateRama) -- Realtors®, media, business and homeowners are invited to join South Carolina REALTORS® (SCR) for a press conference and Rally on Tuesday, March 27, 2012 @ 11:00 am, at the South Carolina Statehouse.