Columbia Real Estate Update 9-19-2011
TODAY'S HEADLINES / SEPT. 19, 2011
Moody’s lowers SCANA’s credit rating
Moody’s Investors Service cited concerns about the large amount of money that will have to be borrowed for the nuclear construction program at the V.C. Summer plant in Fairfield County.
Home sales up 10%; market shows signs of stabilizing
Sales for August were up nearly 10% year-over-year in the Columbia area. Meanwhile, the median price dropped 10% and the average number of days on the market rose 11%.
Survey: S.C. a top state for business
South Carolina is viewed as having one of the best business climates among the 50 states, according to a new survey of U.S. corporate executives. Only Texas and North Carolina fared better. California, New York and Illinois are viewed as the states with the least-favorable business climates.
S.C. construction jobs increase from July to August
Construction jobs in South Carolina grew by 400 in August compared with July, gaining back jobs lost from June, according to the Associated General Contractors of America. Construction jobs are down 300 compared with August 2010.
S.C. farmers getting the flax
Crailar processed flax fiber, which was developed by Naturally Advanced Technologies Inc. of Canada, is regarded as key to building a greener supply chain for the textile industry. The company is locating a processing plant in the Pee Dee and will use flax grown within 100 miles.
TD Bank names new executive at Forest Drive location
The bank promoted H. Malcolm Davis to assistant vice president and manager of its store at 4875 Forest Drive in Columbia.
Job of the Week
The Beach Company is looking to hire a maintenance technician in Columbia. A high school education or equivalent certification with 3-5 years’ experience in the areas of HVAC, carpentry, dry wall, appliances, plumbing, masonry, roofing and electrical repair is preferred. A Certified Pool Operator certification is required. Learn more or apply here.
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