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SC is a popular state with real estate investors. Many retirees choose South Carolina, as well. The resources listed below help property investors make sound financial decisions when investing in South Carolina real estate.

South Carolina

The Palmetto State is a popular tourist destination, but it’s also a great place for investors. The growing economy makes it an excellent choice for investors. The gross state product was $97 billion in 1997 and had grown to $153 billion by 2007. It’s the 23rd most populous state in the county and has consistently attracted new business throughout the state.

Largest Cities & Towns in SC:

Columbia
Charleston
North Charleston
Mount Pleasant
Rock Hill
Greenville
Summerville
Sumter
Goose Creek
Hilton Head Island

Top Business Sectors:

Agriculture
Automotive
Tourism
Manufacturing
Aeronautics
Foreign Investment
Tobacco
Textiles

Biggest Public Companies in SC:

SCANA Corporation
Sonoco Products Company
3D Systems Corporation
Amazon
Wal-Mart
Verizon Wireless
The Boeing Corporation
Blue Cross Blue Shield
Fluor Corporation
University of South Carolina

Biggest Private Companies in SC:

Belk Inc.
SAS Institute Inc.
Remington Outdoor Company Inc.
New NGC Inc.
Lord Corp.
CAN Opportunity LLC
Transportation Insight LLC
Industrial Distribution Group Inc.
Amwins Group LLC

Economic & Real Estate Market Trends

State Population Growth:

South Carolina’s population has grown every year since 1790, according to the census report.The population was just 249,073 in 1790 and has grown to more than 4.6 million as of 2010. Since 1980, the population has grown more than 10% every 10 years.

Columbia: Home to 14 Fortune 500 Companies

SC Real Estate News

Real Estate Sales Up in South Carolina
SCANA Expanding near I-77, Could be Outlet Mall
Columbia Rental Rates Increase
Work on Downtown Columbia Apartment Complex to Start

Columbia Office Market Trends:

Rents rising above $20 per foot
Many new buildings, expansions
Average office space size nearly 2,500 square feet
Increased demand with less vacancies

Downtown Columbia:700 new condos coming to Downtown with 60,000 square feet of retail

Resources for South Carolina Real Estate Investors

Discover South Carolina: http://discoversouthcarolina.com/
South Carolina business resources: https://www.scbos.sc.gov/
South Carolina investment property loans: https://www.directmoneylenders.com/
Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_sc.html
South Carolina Job Data: https://dew.sc.gov/tools-resources/data-statistics
South Carolina Association of Realtors: https://www.screaltors.org/
Central Carolina Realtors Association: http://centralcarolinarealtors.com/
South Carolina property search: http://www.kw.com/homes-for-sale/South-Carolina/stprp-SC-all.html
South Carolina Investment Property Lenders: https://www.directmoneylenders.com/
Bureau of Economic Research: https://www.sccommerce.com/research-and-data