Columbia SC Real Estate Market

Aug. 21, 2019

Columbia SC Real Estate Market Update

July 2019

In July, the U.S. economic expansion that began in June 2009 became the longest in
the nation's history, marking 121 straight months of gross domestic product growth
and surpassing the 120-month expansion from 1991 to 2001. The average rate of
growth during this expansion has been ...

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July 17, 2019

Columbia SC Real Estate Market Update

June 2019

As was widely expected, the Federal Reserve did not change the target range for
the federal funds rate – currently set at 2.25 to 2.5 percent – during their June
meeting. Although the economy is still performing well due to factors such as low
unemployment and ...

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June 21, 2019

Columbia SC Real Estate Market Update

May 2019

At this point in the year, we are getting a good sense for how the housing market is
likely to perform for the foreseeable future. And although it is not a particularly
exciting forecast, it is a desirable one. Markets across the country are regulating
toward a middle ...

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May 16, 2019

Columbia is One of the Top Places to Retire: Here’s Why

 

It’s no secret that South Carolina is a retiree paradise, but you should be zeroing in on Columbia, the state’s capital, as your top destination for your Golden Years. The city offers all the modernities and amenities or city living, while still keeping a southern sensibility. Columbia is small ...

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May 15, 2019

Columbia SC Real Estate Market Update

April 2019

For much of the country, the first quarter of 2019 provided several disruptive
weather patterns that contributed to less foot traffic toward potential home sales.
Coupled with low affordability, higher prices and an inventory situation in its infancy
of recovering from record lows – not to mention several ...

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April 22, 2019

Columbia SC Real Estate Market Update

March 2019

In addition to the quandary of ongoing housing price increases and affordability
concerns in many U.S. markets, the first quarter of 2019 saw a fair share of adverse
weather as well. Sales totals were mixed across the nation and sometimes
dependent on what was a persistent wintry ...

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March 26, 2019

Columbia SC Real Estate Market Update

February 2019

It is worthwhile to mention the weather when discussing residential real estate for
large portions of the U.S. for February 2019, because this month has turned in some
impressively cold, rainy and snowy days that have stalled some buying and selling
actions. Nevertheless, housing markets have proven ...

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Feb. 22, 2019

Columbia SC Real Estate Market Update

January 2019

Despite a strong U.S. economy, historically low unemployment and steady wage
growth, home sales began to slow across the nation late last year. Blame was given
to a combination of high prices and a steady stream of interest rate hikes by the
Federal Reserve. This month, the ...

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Jan. 18, 2019

Columbia SC Real Estate Market Update

December 2018

Home prices were consistently up again in most markets in 2018 but at reduced
levels compared to recent years. High demand for few homes for sale fueled price
increases, but evidence is mounting that inventory will finally improve in 2019. This
may apply some downward pressure on prices ...

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Dec. 20, 2018

Columbia SC Real Estate Market Update

November 2018

The booming U.S. economy continues to prop up home sales and new listings in
much of the nation, although housing affordability remains a concern. Historically,
housing is still relatively affordable. Although Freddie Mac recently reported that the
30-year fixed rate is at its highest average in seven ...

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