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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.

Laura Derrick, Realtor® at Coldwell Banker Residential Brokerage in Columbia, is South Carolina REALTORS® (SCR) 2018 president. Derrick was inaugurated in a ceremony at the association’s September annual meeting at the Greenville Hyatt Regency Hotel. Her term is begins this week.

Representative Mark Sanford led a bipartisan letter to the Office of Management and Budget’s Director Mick Mulvaney and the National Economic Council’s Director Gary Cohn along with fourteen of his colleagues, asking the administration to improve our federal flood-ready infrastructure standard.

The Conference of State Bank Supervisors (CSBS) announced today that the South Carolina State Board of Financial Institutions and the South Carolina Department of Consumer Affairs will begin using the National SAFE Mortgage Loan Originator (MLO) Test with Uniform State Content starting today, bringing the total number of state agencies that use the test to 57.

South Carolina REALTOR® (SCR) member and Broker in Charge of The Real Buyer’s Agent, David Kent, was named the association’s 2017 REALTOR® of the Year at its annual conference and expo at the Hyatt Regency in Greenville, September 1st.

South Carolina REALTORS® (SCR) today released its August housing market data. The numbers indicate that prevailing inventory and sales trends lasted throughout the summer.

In a bipartisan effort to help more everyday Americans achieve homeownership, U.S. Senators Tim Scott (R-SC) and Mark Warner (D-VA) introduced legislation to include some of the 26 million “credit invisible” individuals in the housing market.

U.S. Senator Tim Scott (R-SC) joined several of his colleagues in introducing bipartisan legislation that aims to help youth aging out of foster care with their housing needs. The Fostering Stable Housing Opportunities Act would grant priority preference for federal housing assistance to foster youth who are aging out of care and allow youth in foster care to apply for housing assistance at the age of 16, prior to aging out, which in many states occurs the day foster youth turn 18

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).

U.S. Senators Tim Scott (S.C.), Roy Blunt (Mo.), Jack Reed (R.I.), and Bob Menendez (N.J.) today introduced the bipartisan Family Self-Sufficiency Act, which would streamline and improve the U.S. Department of Housing and Urban Development’s Family Self-Sufficiency (FSS) program.

U.S. Congressman Jeff Duncan (R-SC-03), Chairman of the House Committee on Foreign Affairs’ Subcommittee on the Western Hemisphere, delivered the following opening statement at the Subcommittee hearing entitled, “Energy Opportunities in North America”

South Carolina REALTORS® (SCR) today released its February housing market data indicating a continuing trend of price increases and inventory shortages. New listings were up almost seven percent to 9,815 while while pending sales decreased six percent to 6,149. Inventory shrank by six percent to 32,129 units. Prices throughout February were up by seven percent with a median sales price of $180,000.

The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Bank of America, N.A., and two of its employees with violating the Fair Housing Act by discriminating against prospective Hispanic mortgage borrowers in Charleston, South Carolina.

Senator Tim Scott (R-SC), Chairman of the Banking Committee Subcommittee on Housing, Transportation, and Community Development, and Chairman Richard Shelby (R-AL), Chairman of the Committee on Banking, Housing, and Urban Affairs, are demanding Housing Secretary Julian Castro provide answers for the appalling conditions that persist at some of our nation's federally funded public housing properties

Following reports of the IRS seizing and refusing to return the assets of law-abiding, small business owners, U.S. Senators Tim Scott (R-SC) and Sherrod Brown (D-OH) introduced the bipartisan Restraining Excessive Seizure of Property through Exploitation of Civil Asset Forfeiture Tools (RESPECT) Act.

David Burnett, South Carolina REALTOR® (SCR) member and owner/broker of Burnett Real Estate in Spartanburg, received the association's Distinguished Service Award at its 2016 annual conference Doing the Charleston at the Francis Marion Hotel in Charleston last week.

South Carolina REALTORS® (SCR) 2016 annual conference "Doing the Charleston" at the Francis Marion Hotel in Charleston, SC on September 13-15, 2016 drew a sold -out crowd of 300 Realtors®. The conference was organized by the SCR Networking Committee, chaired by REALTOR® Bobette Fisher of Charleston.

South Carolina REALTORS® (SCR) today released its August housing market data indicating that demand is present and creating competitive situations regarding pricing, while inventory continues to drop.