State of SC Economic Summit - Residential

Join the South Carolina Chapter for Part 2 of the State of SC Economic Summit.  This section will focus on residential issues.

Economy

11:05 – 11:55

Robert Salvino, PhD

Director, Grant Center for Real Estate and Economics, Coastal Carolina University

The current economic landscape is evolving rapidly, and its implications for real estate professionals are profound. As we navigate these changes, it is crucial to stay informed and adapt our appraisal practices accordingly. We invite you to engage in a discussion about how these economic shifts may influence your work in the real estate market.

11:55 - 12:10 break

URAR Update

12:10 - 12:55

Sean Murphy

Credit Policy Risk Analytics Manager at Freddie Mac

We are pleased to announce an insightful session focusing on the recent changes to the URAR, presented by an industry expert. Key topics will include updates to the form and important timelines that appraisers need to be aware of. This is a crucial opportunity for professionals to stay informed and enhance their understanding of these changes. 

Single Family and Build-to-Rent Market

12:55 – 1:30

S. Wade McGuinn, Managing Shareholder

MAP Land and Homes, LLC, McGuinn Hybrid Homes Build on Your Land, LLC

The introduction of new tariffs presents significant implications for the single-family build economy. As professionals, it is crucial to understand how these changes may affect our appraisal practices, particularly in relation to the emerging build-to-rent market in South Carolina. 

Recreational and Rural Land Market

1:30 – 2:05

Ronnie Richardson, CEO & Managing Broker

National Land Realty

The recreational and rural land market in South Carolina is continuously evolving, presenting both opportunities and challenges for investors and appraisers alike. Understanding the nuances of this niche market is essential for making informed decisions.

2:05 – 2:15 break

Short-Term Rentals

2:15 – 2:50

Jeff Miller, MAI,AI-GRS, CCIM, ASA

Southern Skyline Valuations

As the short-term rental market expands in South Carolina, communities are implementing new regulations to manage this growth. These changes can significantly influence property values and investment strategies in the region. 

2:50 – 2:55 break

Agribusiness

2:55 – 3:30

Benjamin Campbell,PhD

UGA

Recent changes in US government policy have significantly impacted the agriculture sector, creating new challenges and opportunities for real estate appraisers. Understanding these shifts is crucial for maintaining high appraisal standards and navigating the evolving landscape.