Hello REALTORS®, It’s a new year. During January, our governmental bodies have sworn in new officeholders and elected new chairpersons. I follow these changes each year, and I thought you might want to read a summary of who is where and doing what. Federal Obviously, the big changes in Washington are in the Executive Branch… Read more »
Read MoreHello REALTORS®, ‘Tis the Season…for business licenses at least. Most cities in South Carolina require a business license to conduct business in their city. Nearly all of them impose a business license tax as well, and the tax is not insignificant. In fact, most cities receive a substantial portion of their revenue, sometimes as high… Read more »
Read MoreMonthly Housing Indicators U.S. existing-home sales improved for the second consecutive month, rising 4.8% to a seasonally adjusted annual rate of 4.15 million units, an eight-month high, according to the National Association of REALTORS® (NAR). Sales were up 6.1% compared to the same time last year, marking the largest year-over-year increase since June 2021. Economists… Read more »
Read MoreHello REALTORS®, The November election doesn’t end important dates on the government calendar—there have been several important dates over the last few weeks. You could put them on your calendar, but your Realtor Government Affairs team monitors them for you. These are some of the more important dates: Federal Government Funding Deadline? This seems to… Read more »
Read MoreHello REALTORS®, The elections are over, but there are still key dates coming up to finalize the results of elections to federal offices, including one this week. You might want to mark your calendar. Federal Government Funding Deadline? This seems to be the routine: just before Christmas, we have the threat of a federal government… Read more »
Read MoreMonthly Housing Indicators U.S. existing-home sales rose 3.4% month-over-month and 2.9% year-over-year to a seasonally adjusted annual rate of 3.96 million units, exceeding economists’ expectations for the month and marking the first annual gain since July 2021, according to the National Association of REALTORS® (NAR). Lower mortgage rates in late summer and early fall helped… Read more »
Read MoreHello REALTORS®, The elections are over, but there are a few key dates coming up to finalize the results of elections to federal offices, including one next week. You might want to mark your calendar. December 17: Electoral College Meets to vote for President of the United States (their votes were determined by the General… Read more »
Read MoreHello REALTORS®, Now that we are finally past the elections, I can catch up on what has been happening in local government. Most election years, governmental bodies do a little less legislating and a little more politicking. But in the Western Upstate, most elections are decided in the Primaries in June. That was true in… Read more »
Read MoreMonthly Housing Indicators U.S. existing-home sales unexpectedly slipped 1.0% month-over-month and 3.5% year-over-year to a seasonally adjusted annual rate of 3.84 million, the lowest level in more than a decade, according to the National Association of REALTORS® (NAR). Prospective buyers have pulled back in recent months, despite lower mortgage rates and more home choices compared… Read more »
Read MoreBoard Approves Budget: Culture Transformation Plan Passes At its Monday, Nov. 11 meeting, the National Association of REALTORS® Board of Directors approved NAR’s operating, advocacy and Consumer Ad Campaign budgets and approved a membership figure of 1.4 million to serve as the basis for dues revenue in the 2025 budget. To date in 2024, membership… Read more »
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