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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 »

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 »

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 »

Hello 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 »

Monthly 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 »

October 14, 2024For immediate releaseContact: Brandon Charochak, 803-908-3364BCharochak@governor.sc.gov COLUMBIA, S.C. – Following Governor Henry McMaster’s September 28 request for an expedited major disaster declaration, the U.S. Small Business Administration (SBA) announced that South Carolina’s businesses and residents affected by Hurricane Helene from the incident period beginning September 25 are eligible to apply for low-interest disaster loans. The… Read more »

Monthly Housing Indicators U.S. existing-home sales slid 2.5% month-over-month and 4.2% year-over-year to a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS® (NAR). Meanwhile, home prices have continued to reach record heights nationwide, with NAR reporting a median sales price of $416,700 as of last measure, a 3.1%… Read more »

Why RPAC? + Thank You Major Donors The general elections are just four weeks away. Now is the time to start planning how you will vote. According to NAR, more than 90% of Realtors in the Western Upstate are registered to vote. That’s great but if you are not registered to vote, it’s not too… Read more »

Hello REALTORS®, It has been a busy summer and early fall for your government affairs team.  The primary elections were followed by the usual summer break for most local governments.  Now, most of them are back to the business of governing.  These are some of the issues we are watching and working on for Realtors…. Read more »