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South Carolina REALTORS® Release July Market Numbers

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

South Carolina REALTORS® Release June Market Numbers

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.

South Carolina REALTORS® Release April Market Numbers

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.

South Carolina REALTORS® Release February Market Numbers

COLUMBIA, S.C. - March 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its February Statewide Market Reports. New Listings in South Carolina decreased 7.2 percent to 8,228. Pending Sales were up 16.9 percent to 4,653. Inventory levels shrank 15.7 percent to 48,446 units. Home prices gazed skyward. The Median Sales Price increased 2.6 percent to $140,000. Days on Market was up 3.0 percent to 148 days. Absorption rates improved as Months Supply of Inventory was down 18.4 percent to 11.7 months. Data from Cherokee County is also now included in the reports for a complete statewide picture.

South Carolina REALTORS® Release January Market Numbers

COLUMBIA, S.C. - February 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its January Statewide Market Reports. As we delve into a new year, we're seeing mostly positive signs. New Listings in the state of South Carolina decreased 4.1 percent to 8,427. Pending Sales were up 19.7 percent to 4,042. Inventory levels shrank 15.2 percent to 47,916 units. Home prices began the year on an up-note as Median Sales Price increased 3.4 percent to $145,000 while Days on Market was down 0.6 percent to 143 days. Absorption rates improved as Months Supply of Inventory was down 16.9 percent to 11.7 months.

South Carolina REALTORS® Release December 2011 Market Numbers

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.

November market report data correction

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.

South Carolina REALTORS® release November Market Numbers

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.

South Carolina REALTORS® Release October Market Numbers

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.

South Carolina REALTORS® Release September Market Numbers

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.

South Carolina REALTORS® release July market numbers

COLUMBIA, S.C. - August 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its July 2011 statewide market reports. At the height of summer, we're finally beginning to move beyond comparisons to the 2010 incentive market. Even so, sudden changes in sales volumes are likely due to factors occurring at this time last year. Qualified buyers may find more attractive opportunities now than during either of the recent tax credits. Interest rates should hold their ground around five percent, though the shift in the federal credit rating could change that. Some indicators suggest improving conditions.

South Carolina REALTORS® release June market numbers

COLUMBIA, S.C. - July 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its June 2011 Market Reports. The rate of inventory absorption in the state of South Carolina slowed as Months Supply of Inventory was up 2.6 percent to 15.0 months. New Listings decreased 12.3 percent to 8,772 while Pending Sales were up 0.4 percent to 4,016. Inventory levels shrank 9.7 percent to 57,524 units, but even choosy buyers can still find top-notch homes.

South Carolina REALTORS® release May market numbers

COLUMBIA, S.C. - June 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its May 2011 Market Reports. For the nation as a whole, the National Association of REALTORS® reports that the homeownership rate has shifted from 69.0 percent in 2005 to 66.5 percent, so far in 2011.

South Carolina REALTORS® release April market numbers

COLUMBIA, S.C. - May 16, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its April 2011 Market Reports. The final month of year-over-year comparison to last year's tax incentive market is upon us. It bears repeating that April 2010 enjoyed uniquely strong activity due to the approaching credit deadline. New Listings in the state of South Carolina decreased 23.3 percent to 9/154. Pending Sales were down 37.9 percent to 4,008. Inventory levels shrank 7.0 percent to 57,680 units - a positive trend that should preserve market balance.

South Carolina REALTORS® release February market numbers

COLUMBIA, S.C. - March 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its February 2011 Market Reports. Throughout the state, the price range with the strongest sales activity was the $100,001 and below range, where sales were up 3.1 percent over the last 12 months. Median Sales Price was up the most in the single-family segment with a 1.5 percent gain to $157,250, while prices were down 5.2 percent for condos, to $125,000. The price range with the shortest market Days on Market time was among homes in the $100,000 and below price range

Data at your fingertips: January Market Reports released

COLUMBIA, S.C. - February 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its January 2011 Market Reports. The data reveals overall inventory dropped slightly from last year to 54,681 properties. There were 12.7 percent fewer condo properties, while single-family homes had a much smaller 0.4 percent decrease. That amounted to 13.1 months of single-family supply and 16.1 months of condo supply.The price range that had the longest Days on Market Until Sale was the $300,001 and above range, where the average market time was 186 days. The range that had the shortest market time was the $100,001 and below bracket, where it's taking 121 days for a home to sell, on average

Correction to year-end market report

COLUMBIA, S.C. - January 27, 2011 - (RealEstateRama) -- On Monday January 24th, South Carolina REALTORS® (SCR) released its Year-End Market Report and video. There was a mistake in the numbers for Hilton Head within the report. A new report has been posted here for download. SCR apologizes for any confusion this might cause.

Data at your fingertips: December Market Reports released

COLUMBIA, S.C. - January 17, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its December 2010 Market Reports. The data reveals Median Sales Price of single-family homes across the state increased by 1.6 percent during the year to arrive at $157,000. Condo prices decreased by 4.8 percent to end the year at $126,000. Homes sales responded to these price changes as you might expect. Single-family home sales were down by 3.5 percent during the year, while condo sales were up by 3.4 percent

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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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Clyburn Statement on Introduction of the Restoring Tax Credits For Affordable...

U.S. House Assistant Democratic Leader James E. Clyburn (SC) today released the following statement after introducing the Restoring Tax Credits for Affordable Housing Act and cosponsoring a package of affordable housing bills.