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Columbia SC Real Estate Update 2-24-11

Posted By: Craig Summerall In: Real Estate News
Date: Thu, Feb 24th 2011 4:20 pm

TODAY'S HEADLINES / FEB. 24, 2011

Foreclosures cause hefty price cuts in residential sales

Unlike in some states, such as Kentucky, non-distressed homes that sold in 2010 in South Carolina saw a slight bump in sales price, on average. But homes that were sold in foreclosure in this state took a 21% discount for the year and a 20% cut for the fourth quarter.

Insurance Auto Auctions opens Columbia location

The company, based in Illinois, also has locations in Charleston and Greenville, as well as more than 150 corporate-owned facilities across the United States and Canada. The company focuses on the automotive total-loss industry.

Charter schools bill passes House

The S.C. House approved a charter schools bill, H. 3241, that will among other things change state funding to charter schools. The House passed the measure on an 85-32 vote.

USC only college in state to make Best Values list

The University of South Carolina was cited as having affordable tuition, giving more than 1,000 need-based and merit-based scholarships for freshman each year; respected academic programs; faculty who are leaders in their fields; and a vibrant student life and atmosphere.

Sales and Marketing Council names Member of the Year

The Sales and Marketing Council of Columbia, a council of the Home Builders Association of Greater Columbia, awarded it first Member of the Year honor to Jessica Chase of Essex Homes.

Law fraternity appoints local attorney to top positions

Nexsen Pruet attorney George Scott has been appointed province president of North Carolina and assistant province president of South Carolina and Georgia for the Phi Delta Phi international legal fraternity.

Moore School names annual top honors

The University of South Carolina’s Darla Moore School of Business has named the recipients of its Distinguished Alumni and Young Alumni awards and the Distinguished Service Award.

Job of the Week

The University of South Carolina is seeking a prospect management coordinator to be responsible for the entry of prospect management data for all college-based and central Development Office fundraisers in Columbia. A bachelor's degree and three years experience in collecting, scheduling, processing and reporting information in a data processing environment and strong organizational skills are desired. For more information about this opportunity or to apply, click here.

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