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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)

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.

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.

Bus Tour Brings Home Ownership Matters to Columbia, South Carolina

Columbia, SC - September 12, 2011 - (RealEstateRama) -- Future homebuyers across South Carolina soon may not have access to affordable mortgages. That's just one of the many issues the National Association of REALTORS® (NAR) and the South Carolina Association of REALTORS® (SCR) wants residents to know about as the Home Ownership Matters Bus Tour pulls into town on September 19.

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.

Governor Haley to sign South Carolina REALTORS® Point of Sale bill Monday

COLUMBIA, S.C. - August 12, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) President Rusty Garrett will join Governor Nikki Haley and other business leaders at Daniel Island Real Estate on Monday, August 15 at 10:30 am for a ceremonial bill signing of H.3713, the Point of Sale bill. The bill passed this summer, shortly after an economic analysis revealed eliminating Point of Sale reassessments could increase investment in South Carolina real estate upward of $2.4 billion, resulting in a direct impact on jobs and the economy.

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® helps keep housing top of mind in Nation’s Capital

COLUMBIA, S.C. - May 20, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) was among more than 8,000 Realtors® in Washington, D.C., last week advocating to keep housing first on our nation’s public policy agenda during the National Association of Realtors® 2011 Midyear Legislative Meetings & Trade Expo. SCR members and leadership also met with policymakers on Capitol Hill to address today’s real estate challenges.

“Point of Sale” repeal would create 35,000 jobs, spur South Carolina’s economy

COLUMBIA, S.C. - April 27, 2011 - (RealEstateRama) -- Repeal of Point of Sale reassessments will increase investment in South Carolina real estate upward of $2.4 billion, resulting in a direct impact on jobs and the economy, according to an economic analysis commissioned by the South Carolina REALTORS® (SCR).

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.