Call to Action – H.5341: Tax Conformity

September, 27th, 2018

We need your help! The Senate Finance Committee met Wednesday, September 26, 2018 to adopt legislation on tax conformity. The full Senate will convene into special session on Tuesday, October 02, 2018 to take up this important legislation. Conformity on the state level to the changes under the new federal law (Tax Cuts and Jobs Act of 2017) is critical for your business, your clients, and you personally! With the massive overhauls to the federal tax law, simply conforming the state’s tax code to federal tax law, as routinely done by the General Assembly, would result in South Carolinians paying...

August 2018 Market Reports are Out

September, 12th, 2018

Housing Supply Overview The potential of an affordability conundrum has veered into the national spotlight, as household wages struggle to keep pace with home price increases. Yet it is ill-advised to predict a heavy shift toward fewer sales and lower prices. Consumers have learned a lot in the last decade. For the 12-month period spanning September 2017 through August 2018, Pending Sales in the Western Upstate region were up 0.3 percent overall. The price range with the largest gain in sales was the $300,001 and Above range, where they increased 12.1 percent. The overall Median Sales Price was up 5.0 percent to $170,100. The property...