Combination of factors fueling residential real estate frenzy

Your Daily Report of business news from the Midlands Click here to view this message in a browser window. Share with a friend: TODAY'S HEADLINES  |  July 20, 2021 Combination of factors fueling residential real estate frenzy Record-low inventory and low interest rates are driving demand for residential real estate to unprecedented heights. Industry insiders report buyers purchasing homes sight unseen and for thousands above asking price. COMET to receive grant to reduce vehicle emissions The Central Midlands Regional Transit Authority will use a federal grant of nearly $3,000 to purchase electric and fuel cell buses as well as charging equipment for its fleet, which serves Richland and Lexington counties. SC Philharmonic music director renews contract Morihiko Nakahara will remain with the organization, which he joined in 2008, through the 2024-25 season. The SC Philharmonic's 2021-22 Masterworks Series returns in October at the Koger Center for the Arts.  SPONSORED CONTENT: Sacon Elgin-based general contractor Sacon employs licensed, multi-skilled experts who are cross-trained in all aspects of construction. Several hold licenses in various trades, including a licensed plumber who is also a certified structural steel welder and site work equipment operator. The Daily Report is published by the Columbia Regional Business Report, a publication of SC Biz News.  Got a news tip or story idea? Let us know about it. Get all the business news delivered to your inbox: From the Lowcountry, the Midlands, the Upstate and across South Carolina.   And check out Soda City Biz Wire for the latest unfiltered content and the daily Morning Report. Subscribe to our print editions. Connect with us: SC Biz News 1612 Marion St., Suite 301, Columbia, SC 29201   Unsubscribe/manage the emails you receive from us