Columbia SC Real Estate Market

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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Nov. 23, 2018

Columbia SC Real Estate Market Update

October 2018

If the last few months are an indication of the temperature of housing markets
across the country, a period of relative calm can be expected during the last three
months of the year. A trend of market balance is emerging as we approach the end
of 2018. Prices ...

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Oct. 18, 2018

Columbia SC Real Estate Market Update

September 2018

Some economy observers are pointing to 2018 as the final period in a long string of
sentences touting several happy years of buyer demand and sales excitement for
the housing industry. Although residential real estate should continue along a mostly
positive line for the rest of the year ...

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Sept. 18, 2018

Columbia SC Real Estate Market Update

August 2018

Rising home prices, higher interest rates, and increased building material costs have
pressured housing affordability to a ten-year low, according to the National
Association of Home Builders. Keen market observers have been watching this
situation take shape for quite some time. Nationally, median household income has
risen 2 ...

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Aug. 23, 2018

Columbia SC Real Estate Market Update

July 2018

Housing price bubble chatter has increased this summer, as market observers
attempt to predict the next residential real estate shift. It is too early to predict a
change from higher prices and lower inventory, but the common markers that
caused the last housing cooldown are present. Wages are ...

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July 19, 2018

Columbia SC Real Estate Market Update

June 2018

Housing markets across the nation are most assuredly active this summer, and
buyer competition is manifesting itself into several quick sales above asking price.
While the strength of the U.S. economy has helped purchase offers pile up, the Fed
recently increased the federal funds rate by 0 ...

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June 27, 2018

Columbia SC Real Estate Market Update

May 2018

Just like last year at this time, prospective home buyers should expect a competitive
housing market for the next several months. With payrolls trending upward and
unemployment trending downward month after month in an extensive string of
positive economic news, demand remains quite strong. Given the fact that ...

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