Nov
23

S.C. Home Sales Spike 18.1% Last Month

By
– Greenville News

S.C. home sales spiked 18.1 percent last month as a crush of first-time buyers hurried to make purchases before a federal tax credit was about to expire, real estate officials reported Friday.

And median sale prices posted their first statewide gains of 2009, growing 2.6 percent from a year ago to $152,400, according to data released by the S.C. Realtors trade group.

But experts question whether the sales gain can be sustained without the boost provided by Uncle Sam.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/article/20091121/BUSINESS06/91120016/1003/BUSINESS/Home-sales-spike-across-the-state

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