News for Economic

Wednesday, January 16, 2019
Lexington County’s Water Future Sits on Counts Ferry Road  Commission’s future water treatment plant to be built on 47-acre site  The Joint Municipal Water and Sewer Commission took a significant step on Janaury 11th in planning for the future water needs of Lexington County by purchasing 47 acres on Lake Murray. The purchase is an investment in serving the county, where population growth ...read more
Categories: Economic
Thursday, January 10, 2019
Despite the slowdown in the second half of the year, 2018 is expected to be the best year for residential construction since the Great Recession. NAHB's chief economist recently discussed the impact of rising interest rates and what to expect in the year ahead. The housing slowdown continued into the New Year, as markets grappled with an evolving monetary policy outlook and a federal government ...read more
Categories: Economic
Saturday, December 29, 2018
The deadline is January 31 to file for property tax exemption on unsold new homesAs the result of legislation supported by the Home Builders Association of South Carolina and the BIA, Home Builders are eligible for property tax relief on homes they have completed but are not yet sold or occupied. The relief is available for up to five years, but is lost once the home is occupied (for example, if ...read more
Categories: Economic