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Columbia Real Estate Update as of 12-20-2011

Posted By: Craig Summerall In: Local News
Date: Wed, Dec 21st 2011 9:52 am

Here is the latest Columbia SC News and Business Report as of 12-20-11.  For real estate information visit our web site.

TODAY'S HEADLINES | DEC. 20, 2011

SCBT Financial, Peoples Bancorp. to merge

The merger and acquisition of Peoples Bancorp. will move SCBT Financial Corp. to No. 6 in South Carolina in terms of deposit market share. The transaction is expected to close in the second quarter of 2012, upon approval of shareholders and regulatory agencies.

S.C. jobless rate falls to 9.9%

November’s unemployment rate was 0.6 percentage point below October’s report of 10.5%. The decrease was the largest monthly drop in the jobless rate since 1976, the first year that the U.S. Bureau of Labor Statistics started issuing monthly reports.

Passenger traffic continues to grow at Columbia airport

Passenger traffic at Columbia Metropolitan Airport has increased five out of the past six months, and the airport’s executive director said it’s possible the airport could record its first break-even year since 2004. Officials also learned that Delta Airlines plans to add a second nonstop flight from Columbia to New York’s LaGuardia Airport.

Rymarc Homes to change name

Columbia-based Rymarc Homes is changing its name to Ryan Homes this month, with the transition to be finalized by mid-February. The company was acquired in 2005 by NVR Inc., a national homebuilder and mortgage banking company

List of the Week

Get information about top businesses in the region through the Business Report's online lists. Sample the list of banks ranked by Midlands market share here or browse the main research page here. Each week, the Daily Report offers a new featured list for readers.

Job of the Week

Verizon Wireless is seeking a full-time retail sales representative. Qualified candidates will have at least one to two years of sales experience in a commission environment. A college degree and bilingual Spanish skills are a plus. Learn more or apply here.

 

The Daily Report is published by the Columbia Regional Business Report,
a publication of SC Biz News.

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