July 2021 Market Reports

August, 16th, 2021

Housing Supply Overview After months of declines, the inventory of homes for sale nationwide is beginning to increase as more sellers come to the market, looking to capitalize on record-high sales prices while providing a much-need boost of supply to America’s epic housing shortage. This is encouraging news for home buyers, who have struggled with a lack of supply and rocketing sales prices during the pandemic. For the 12-month period spanning August 2020 through July 2021, Pending Sales in the Western Upstate region were up 4.6 percent overall. The price range with the largest gain in sales was the $300,001...

SCR Update – August 3rd

August, 3rd, 2021

From Nick Kremydas, CEO SC REALTORS As schools begin this week in some parts of the state, the latest covid news and CDC/DHEC recommendations are making me feel like I’m in the Groundhog Day movie, you know the one where Bill Murray keeps repeating the same day over and over again!   I have a few important updates for you this morning: NAR Membership/SCR Membership Reports Masks and your liability SBA launches PPP Forgiveness Portal Eviction Moratoriums have expired NAR Membership/SCR Membership Reports The August reports are attached for your review–membership continues to grow at a rapid pace–SCR membership is now over 27,000....