By Jeff Adolph
State-by-state
Situated in the Southern region of the U.S.A, this state is ranked as the 40th largest by land mass, and the 26th population with 4,012,012 people residing in this region.
This states economy relies heavily on tobacco, poultry, cattle, dairy products, soybeans and hogs, as well as textile goods, chemical, paper and automotive products, tourism and machinery production.
Income in this state ranges between 2.5-7%, and sales tax is set at 6%. Property tax in this state is assessed locally on both real and personal property. primary residences are taxed at 4% of fair market value and agricultural property at 4% of use value. Personal property however is taxed at 10.5% of income tax depreciated value.
Summerville
Homes are typically sitting on the market for 90-120 days in this region with the median home price hovering around $225,000. The market trend in this area is said to be remaining constant with buyers getting 95-100% of their asking price.
There are currently more sellers than buyers in this region and the hottest valued market in this region is said to be 'repeat buyers'due to an increase in population growth.
LGBT Real Estate Facts: There are approximately 7,609 same-sex couples residing in South Carolina making this region the 26th gayest state in America. The gayest zip codes in this locality are 29407 and 29412 Charleston; 29483 Summerville; 29577 Myrtle Beach; 29445 Goose Creek; and 29205 Five Points Columbia. -- gaydemographics.com
Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com
Picture Source: wikipedia.org
-----------------------------------------------------------------
*RealQuestions RealAnswers*
Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...
-----------------------------------------------------------------
© 2006+ Jeff Adolph GayRealEstate USA
Proudly Sponsored By:












































































Recent Comments