Nov
25

S.C. Ranks Sixth In Nation for Home Value Appreciation over the Past Year

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– Charleston Regional Business Journal

South Carolina ranks sixth in the rate of appreciation for single-family homes over the past year, according to third-quarter statistics released Tuesday by the U.S. Federal Housing Finance Agency.

Nationally, home values dropped 4% from the third quarter of 2007 to the third quarter of 2008, the report said. During that time in South Carolina, values rose 2.42%.

The nation’s 4% four-quarter decline was the largest four-quarter drop in the history of the index, which started in 1975.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.charlestonbusiness.com/news/25727-s-c-ranks-sixth-in-nation-for-home-value-appreciation-over-the-past-year

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