Charleston, SC Posts

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Charleston SC transforms itself - Nice review in The Economist

A well written article in The Economist was published on Dec 30, 2008 about Charleston's maturity since Coast Guardthe closure of the Navy Base in the mid 90s.  Click here to view the article.  It's true that the closure of this base was eminent doom for the military based economy of little ol' Charleston. 

In my humble opinion, three key Charleston's visionary leaders, North Charleston Mayor, Keith Summey, Charleston Mayor, Joe Riley and Mt Pleasant Mayor, Harry Hallman, worked hard to diversify the local economy making a quite recovery.  The article states, "Job growth for the Charleston region was 16.5% between 2000 and 2007; nationally, it was less than half that. Charleston's growth in GDP, wages and bank deposits all outpace national averages. Household income has increased by 30% since 2000. In July Inc, a magazine for entrepreneurs, described it as among the best cities for doing business."  Charleston's Digital Corridor has intentioinly worked to increased tech jobs and many of the security companies have attracted highly skilled workers. 

The charm, beauty and low cost of living added to the diverse economy has contributed to a 10% increase in Charleston population just over 600,000.  The Economist article pointed out that is forecasted to increase another 20,000 by 2010.  National Geographic recently ranked Charleston as being among the 50 best places to live.

The Economist continued that "for the most part Charleston is weathering the economic downturn well." While the military is still the largest employer 12 years later after the base closure, I wouldn't described the town any more as a military town.  At least not compared to town I remember in the 90s.  Charleston, SC has 3 bases: Charleston Air Force Base, Naval Nuclear Power Command and Charleston Coast Guard base.  Charleston has so much to offer, not to mention a low cost of living compared to other similiar cities.  We have rich history, gorgeous architechture, plenty of recreation between the beaches and golf and many events and festivals to celebrate our local culture.  Come and visit and you'll want to make Charleston your home.

 

Michele Reneau - Military Relocation Specialist with Carolina One Real Estate in Charleston, SC.

Contact Michele Reneau, Real Estate Agent, North Charleston, SC Relocation Expert, CRS, GRI, ABR. Licensed Realtor® in South Carolina at 843-572-0518 to list your property for sale or to purchase real estate in Charleston, Goose Creek, Summerville, North Charleston, Hanahan, Mount Pleasant and the surrounding areas in Charleston County, Berkeley County or Dorchester County, South Carolina. The Charleston Relocation Expert specializes in military relocation, first time homebuyers and creating marketing exposure to sell your home in the Charleston SC Real Estate market.  I can also be contacted by email at mreneau@carolinaone.com. To view all Charleston Metro area Homes for Sale Click Here and then click on Search for Homes.  With over 25 years of Lowcountry Living, I know the Charleston Metro area. I will help you get your home sold and/or help you buy your Charleston home or land.

Michele Reneau, ABR, GRI, CRS

www.CharlestonRelocationExperts.com

Follow us on Facebook at www.facebook.com/CRETeam

Comment balloon 3 commentsMichele Reneau • January 13 2009 10:58AM
Charleston SC transforms itself - Nice review in The Economist
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A well written article in The Economist was published on Dec 30, 2008 about Charleston's maturity since the closure of the Navy Base in the mid 90s. Click here to view the article. It's true that the closure of this base was eminent doom for the… more
What is staging? Picture speaks 1000 words
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I'm amazed when someone asks me, "What is staging? " I know that I should not expect everyone to know, but even more surprising is the number of agents that don't understand it's importance. After going through some old before and after… more
Realtors nominated for National Staging Award
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The Real Estate Staging AssociationTM (RESA) announces the 2009 Real Estate Staging Industry Award Nominees. The Nominees for RESA Staging Realtor® of the Year are: Matt Poole with Charleston Pier Partners in Charleston SC, Michele Reneau… more
FREE Mortgage Default/Foreclosure Clinic in Charleston, SC - Jan 10,…
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If you are falling behind on your mortgage or facing the possibility of foreclosure, there is help! Four clinics are being offered so you can meet with a HUD counselor who will help you discuss options to foreclosure. Please click on the link to… more
Census Bureau to hire about 300 area Charleston residents
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An article in the Post and Courier written by Dave Munday on Friday, January 2, 2009 announced some good news for job seekers in the Charleston area. The Census Bureau is recruiting 300 workers to get ready for the 2010 census. For those looking… more
Myth 10: If something appears on the inspection report, the seller…
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This is a continuation of a series: 10 Common Myths Shared by Homebuyers. * See myth #9 here A buyer might assume that since the contract is contingent on the home inspection, it can be mistaken that the seller is to fix anything and… more
I'm GUILTY! I've been so busy in December but the KUDOS goes to…
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I've been so busy in December that I have neglected my blog and twitter. Not sure if it is the 70 degree weather we are having here in December or the just the drop in interest rates and amazing deals available out there that are encouraging buyers… more
Myth #9 All mortgages are essentially the same.
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This is a continuation of a series: 10 Common Myths Shared by Homebuyers. * See myth #8 here It can be complex in choosing a mortgage since there are plenty of options. Your particular circumstances may dictate what options are available to… more
Myth #8 Getting a mortgage should be quick and easy
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This is a continuation of a series: 10 Common Myths Shared by Homebuyers. * See myth #7 here Many buyers resent the lending process and don't understand why they need to provide a pre-approval and start jumping hoops before they find a house… more
S. C. ranks sixth in nation for home value appreciation over the past…
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On 11/26/08, the SC Business Journal published this article It's no secret in Charleston, but many do not realize that real estate is local. While numbers have dropped a little in Charleston, it has not followed extreme drops in many other… more