Jan
26

South Carolina Residential Real Estate Sales Way Down In 2008

By
– Columbia Regional Business Report

Year-end numbers confirm what most in the housing market already could feel: 2008 saw sales drop steeply. But some already see signs of a revival in 2009.

The number of transactions statewide dropped 24% from 2007 to 2008, according to the S.C. Association of Realtors. Last year included 46,914 sales, the lowest number of transactions since the peak of 72,811 in 2003.

The drop was felt statewide: Sales were down 19.6% in the greater Greenville area, 20.6% in metro Columbia and 31.2% in the Charleston area.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://charlestonbusiness.com/news/26261-south-carolina-real-estate-sales-way-down-in-2008
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    Categories : South Carolina News

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