Local paper front page–Fewer in South Carolina owning homes

The one-two punch of soaring real estate prices followed by the housing meltdown has reduced homeownership across South Carolina. First came a rise in real estate prices that far outstripped incomes, making homeownership harder to attain.

Read it all.

print

Posted in * Economics, Politics, * South Carolina, Consumer/consumer spending, Economy, Housing/Real Estate Market, Personal Finance, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--