Single-family home prices in South Carolina fell 3.12% in the past 12 months but gained 0.39% in the first quarter of 2009, according to a report released today by the Federal Housing Finance Agency.

The housing price index report ranked South Carolina 20th in home appreciation for the past year, based on sales of certain existing single-family homes.

In South Carolina, home prices fell 3.5% in the fourth quarter of 2008, according to the previous housing price index report.

Homes in the Midlands and Upstate metro areas mostly gained value over the past four quarters. Meanwhile, homes in the coastal metro areas included in the report lost value.

National and state-level data in the Federal Housing Finance Agency report come from sales of existing single-family homes with conforming, conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. Metro area data also include appraisals used for refinancing.

Metro Area 12-month Change Quarterly Change Prior Quarter Change Spartanburg 3.18% 3.05% -4.49% Greenville-Mauldin-Easley 2.23% 0.67% 1.05% Columbia 1.32% 0.22% 0.41% Anderson -0.56% -0.35% 1.59% Charleston-North Charleston-Summerville -3.19% -0.20% -1.67% Myrtle Beach -7.10% -1.69% 0.98%

Source: Federal Housing Finance Agency

With the decline in the real estate market, this site was designed to attract more customers.  Southern Shores Real Estate Group launched a new site to better serve customers and better advertise their services in the Charleston area. The new site features a new search engine for listings as well as the ability to search for all homes in the Charleston area. Also, they allow sellers to advertise their homes on the site without any contracts or listing agreements.

All of our services, from Buying, selling, investing, property and vacation rental management, HOA management and Commercial services are covered in detail. Click below to see the site and let us know what you think of it.

Website:
Charleston Real Estate

Listing example:
Charleston Home For Sale