South Carolina Business Review

When will the residential real estate market become affordable again?

By Mike Switzer

Published May 1, 2025 at 6:30 AM EDT

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Mike Switzer, host of the South Carolina Business Review

Over the past several years, the residential real estate market has been defined by shortages of affordable housing and rising interest rates. What is the current state of that situation and what does it signal for South Carolina’s overall economic outlook? Mike Switzer interviews Amanda Hamet, president of Coldwell Banker Caine in Greenville, S.C.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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