Monthly Indicators U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast sales would fall to a rate of 3.95 million for the month. Purchase activity increased in the South and… Read more »
Read MoreHello REALTORS®, Signs and sign ordinances can be beneficial to Realtors, but they also come with responsibility. Over the last several years, your REALTORS® Association successfully lobbied across the Western Upstate for protection of signs that communicate that real property is for sale while local sign ordinances were updated. A decade ago, the U.S. Supreme… Read more »
Read MoreATTENTION: BICs As a Broker-In-Charge (BIC) or Property Manager-in-Charge (PMIC), you are responsible for the supervision of all employees and supervised licensees (SC Code Ann. §40-57-135(A)(1)). BICs or PMICs who fail to ensure that their supervised licensees are actively licensed while practicing may be subject to disciplinary action by the Commission. For licenses with a… Read more »
Read MoreRenewals for licenses with the South Carolina Real Estate Commission for 2025-2027 are now open. Online renewal is available twenty-four (24) hours a day. If you have not accessed your e-service account in a while, you may need to reset/recover your password. Go to the “Recover/Reset My Password” web link at https://eservice.llr.sc.gov/SSO/Login/RecoverPass/, and a link… Read more »
Read MoreHello REALTORS®, Last week, I reported on the various real estate-related ordinances being considered at the South Carolina General Assembly. This week, I am reporting on what is happening in Washington, plus the outcome of the proposed residential development moratorium in Anderson County. But first, a little about your REALTORS® Association and it’s advocacy program…. Read more »
Read MoreHello REALTORS®, Last week I reported on the various real estate-related ordinances being considered at the three counties in the Western Upstate. Our cities have been less active, but we have several ordinances under consideration, or that have been adopted since the beginning of the year. City of Anderson Anderson has started updating their comprehensive… Read more »
Read MoreMonthly Indicators U.S. existing-home sales fell for the first time since September, slipping 4.9% monthover-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to… Read more »
Read MoreHello REALTORS®, March brings with it a lot more than the first day of Spring. It also almost always brings with it a lot of government activity, especially regulation of real estate development. In the last year, we have observed an interesting trend related to annexation, which I’ll highlight at the end of this report. … Read more »
Read MoreHello REALTORS®, Proposed Anderson County Moratorium This week, Anderson County Council is expected to vote for a second time on a moratorium on new housing developments of 25 units or more. You association opposes moratoriums in part because they tend to be in response to an overstatement of growth. They also deny property owners their… Read more »
Read MoreHello REALTORS®, Last week I reported on the proposed moratorium on new subdivisions of 25 lots or more in Anderson County. In addition to subdivisions, Anderson County Council amended the proposed ordinance to apply to town homes and apartments. They also amended it to require each council member to opt in their council district. They… Read more »
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