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10/28/2020
Realty

Record Home Sales Continue Into Fall Season

Sherry Gustafson Share

COLUMBIA, S.C. (October 27, 2020) — South Carolina REALTORS® (SCR) today released its September 2020 statewide real estate market data. It’s proving to be another unusual season as the state continues to see record sales and strong buyer activity into the fall.   Statewide there was a 15.4% increase in one-year closed sales during September. Areas along the coast including Hilton Head (+65%), Beaufort (+49%) and Charleston (+49%), continue to lead the...

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09/28/2020
Realty

New-Home Sales Top the 1 Million Mark

Sherry Gustafson Share

Sales of newly built single-family homes in August reached their fastest pace since September 2006, the Commerce Department reported Thursday. They also attained another landmark: topping 1 million sales, to a seasonally adjusted annual rate of 1.01 million units. That marks a 43% jump when compared to last year. “Already, more new homes have sold in 2020 than did in all of 2019,” says Danielle Hale, realtor.com®’s chief economist. “With...

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08/18/2020
Realty

New Listings Climb for the First Time Since the Pandemic’s Start

Sherry Gustafson Share

Buyers are finding greater selection in their house hunt as new listings increase above pre-pandemic levels, according to realtor.com®’s latest Weekly Recovery Report, reflecting the week ending Aug. 8. The increase in new listings now brings all four major components of housing activity tracked on the index—also including housing demand, asking prices, and pace of sales—above the pre-pandemic baseline of January 2020. “Seller confidence has been improving gradually after reaching...

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