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Hello REALTORS®, The primary elections were held last week.  Below are the results.  Some of the elections, notably the race for US Congress, aren’t settled yet.  Runoff Elections These are the races that will be in a runoff election: U.S. House District 3: Sheri Biggs vs. Mark Burns.SC House District 9: Blake Sanders vs. James Galyean.Pickens County… Read more »

Housing Supply Overview Sales of newly built homes fell 4.7% month-over-month to a seasonally adjusted annual rate of 634,000, according to the U.S. Census Bureau, a 7.7% decrease from the same time last year. Demand for new homes softened due to higher sales prices, elevated mortgage rates, and an increase in existing-home supply, leading builder… Read more »

The primary election is Tuesday, June 11.  Please VOTE.  Visit SCVotes.gov to find your polling place.  Your REALTORS® Association has prepared a Voter Guide to help you evaluate the candidates.  You can download the REALTOR® Voter Guide by clicking here.  Primary elections are where voters choose the candidate who will represent the two major parties,… Read more »

The primary election is set for June 11.  By state law, registered voters can vote early.  Early voting is available at various polling locations until Friday, June 7.  Visit SCVotes.gov to find your polling place.  Your REALTORS® Association has prepared a Voter Guide to help you evaluate the candidates.  You can download the REALTOR® Voter… Read more »

Hello REALTORS®, The primary election is set for June 11.  Early voting begins Tuesday, May 28 and closes Friday, June 7.  Visit SCVotes.gov to find your polling place.  Your REALTORS® Association has prepared a Voter Guide to help you evaluate the candidates.  You can download the REALTOR® Voter Guide by clicking here.  REALTOR® Legislative Priorities… Read more »

Hello REALTORS®, You can support RPAC as well.  RPAC is an important part of your Realtors Association’s advocacy program.  It is the way your association works together to support the campaigns of political candidates who understand and support the REALTOR® Advocacy Agenda.  Our agenda has four main parts: This week, RPAC presented campaign contributions to… Read more »

Monthly Indicators U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month-over-month to a seasonally adjusted annual rate of 4.19 million, according to the National Association of REALTORS® (NAR), as higher interest rates and rising sales prices continue to keep some prospective buyers on the sidelines. Average 30-year mortgage rates have topped 7%… Read more »

Hello REALTORS®, The SC General Assembly wrapped up the main part of their work last week and adjourned.  They’ll come back in a couple of weeks to deal with vetoes by the Governor and adopt the final version of the budget, among other things.  They’ll elect a new SC Supreme Court Justice in a couple… Read more »

Watchdog Report Hello REALTORS®, This week, I am providing you with a general update on three major government issues: Elections Over the last two reports, I have reported on the candidates for election this year.  But having that knowledge is only important if you plan to vote.  More than 90% of Realtors are registered to… Read more »

Hello REALTORS®, Because elections in South Carolina are skewed toward one of the two major political parties, most elections are settled in the party primaries.  The primaries are on June 11 and early voting opens two weeks before the primary.  It’s not too early to start doing your homework about the candidates.  On the ballot… Read more »