Columbia SC Real Estate Market

March 18, 2022

Columbia SC Real Estate Market Update

February 2022

The U.S. real estate market remains hot ahead of the spring selling season, with
existing home sales up 6.7% as of last measure, according to the National
Association of REALTORS®. Experts attribute the growth in sales to an uptick in
mortgage interest rates, as buyers rushed …

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Feb. 17, 2022

Columbia SC Real Estate Market Update

January 2022

The 2022 real estate market begins where 2021 left off, in which existing home sales
reached their highest level since 2006, with the National Association of REALTORS®
reporting sales were up 8.5% compared to the previous year as homebuyers rushed
to take advantage of historically low mortgage …

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Jan. 14, 2022

Columbia SC Real Estate Market Update

December 2021

The 2021 housing market was one for the history books. After three consecutive
months of increases recently, existing home sales are on pace to hit their highest
level in 15 years, with an estimated 6 million homes sold in 2021 according to the
National Association of REALTORS®. Sales …

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Dec. 15, 2021

Columbia SC Real Estate Market Update

November 2021

The economy is improving, unemployment is falling, and the U.S. real estate market
remains strong as we head into the holiday season, a period when activity typically
slows as people take time to travel, celebrate, and spend time with loved ones.
Although the market is not as …

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Nov. 15, 2021

Columbia SC Real Estate Market Update

October 2021

The U.S. housing market remains robust, with strong activity reported across both
rental and residential housing fronts. Single-family rent prices are increasing rapidly,
as demand for single-family housing and inventory constraints forces some buyers
to rent, increasing competition and pushing rents up across the nation. Meanwhile,
sales …

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Oct. 15, 2021

Columbia SC Real Estate Market Update

September 2021

Nationwide, existing home sales were down slightly in August, falling 2% after two
consecutive months of increases, according to the National Association of
REALTORS®. The decline in existing home sales coincides with rising sales prices,
which have continued to soar into fall, with the median sales price of …

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Sept. 22, 2021

Columbia SC Real Estate Market Update

August 2021

The booming U.S. housing market has spilled over to the rental market, which has
seen demand for apartment and single-family rentals skyrocket this year, as high
sales prices and an inadequate supply of available housing have forced many
prospective buyers to rent for the foreseeable future. Increased …

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Aug. 17, 2021

Columbia SC Real Estate Market Update

July 2021

The White House recently announced additional measures to help struggling
homeowners avoid foreclosure as they exit forbearance, including loan
modifications and payment reductions. Borrowers with federally backed mortgages
can lock in lower interest rates and extend the length of their mortgages. For
borrowers who can’t resume their monthly …

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July 19, 2021

Columbia SC Real Estate Market Update

June 2021

School’s out, and as vaccination rates rise and America enters a new normal, the
U.S. housing market continues along at a frenzied pace, with low interest rates and
limited inventory fueling record-high sales prices. May saw the median existing home
sales price exceed $350,000, a 24 …

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June 22, 2021

Columbia SC Real Estate Market Update

May 2021

As the weather warms and pandemic restrictions ease across much of the country,
the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled
by low mortgage rates, continues to outpace supply, which remains near historic
lows. Nationwide, inventory remains much lower than it was …

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