Monthly Archives: May 2012

April 2012 Indicators: Charleston Trident Association of Realtors

Sometimes the best answers aren’t right under your nose. For example, the most popular market indicator is home prices. But prices are what we call a lagging indicator, because they reflect closed sales. Leading indicators are forward-looking. Watch activity related … Continue reading →

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South Carolina Jobless Rate Falls Again Charleston Area Among Best

South Carolina’s jobless rate edged down to 8.8 percent in April, and hovered around 7 percent in theCharlestonarea, according to new government figures released Friday. Charlestonarea counties continued to enjoy some of the lowest rates of joblessness in the state. … Continue reading →

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Foreclosures Down, Short Sales Up Banks Finally Getting The Idea

Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead. The number of foreclosures in April fell to their lowest level since 2007 – and one reason is that lenders … Continue reading →

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South Carolina Ambitious For More Boeing Opportunities

North Charlestonshowed the world what it can do and that it has plenty of room to grow its aerospace-manufacturing capabilities in the future. The new Boeing interiors facility opened in December is onPalmetto Commerce Parkway, a four-lane road finished just … Continue reading →

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Bank of America Offers More Mortgage Modifications Relative To RoboSigning Settlement

Bank of America is sending letters to 200,000 mortgage borrowers who may be eligible for loan modifications as part of the $25 billion legal settlement between large banks, the federal government and state governments includingSouth Carolina. The settlement announced in … Continue reading →

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