News

Watchdog Report – February 18, 2025

Hello REALTORS®,   Proposed Anderson County Moratorium  The Planning and Public Works Committee of Anderson County Council, chaired by Realtor Cindy Wilson, has proposed a moratorium on new subdivisions of 25 lots or more.  The moratorium ordinance is on county council’s agenda this week.  I’ll keep you informed on the moratorium and provide more context in… Read more »

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January 2025 Market Reports

Monthly Housing Indicators U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-over-year, driven largely by purchases of homes priced $500,000 and above. Month-over-month, sales rose in the… Read more »

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Watchdog Report – February 3, 2025

Hello REALTORS®, Last week I reported on the several new government officials and leaders as the federal and state levels, as well as some of the new local leaders.  This week, I will report on those I didn’t cover last week: school boards, certain countywide offices, a few special purpose districts we monitor, and 2… Read more »

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Watchdog Report – January 28, 2025

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 »

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Watchdog Report – January 21, 2025

Hello 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 »

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December 2024 Market Reports

Monthly 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 »

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Watchdog Report – January 6, 2025

Hello 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 »

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Watchdog Report – December 16, 2024

Hello 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 »

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November 2024 Market Reports

Monthly 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 »

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Watchdog Report – December 9, 2024

Hello 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 »

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