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charleston

Charleston, SC (and surrounding suburbs): What is so special about Charleston, SC? To begin with, Charleston is simply one of the most beautiful cities in the entire United States. With not only historical structures dating back to the Civil War, Charleston is one of the few places in America that has pre-Revolutionary War homes and churches throughout the historic district. This is just one characteristic that makes Charleston culturally important to our country and a prime reason why people find it so fascinating.

The large, well-preserved historic district attracts over 4 million tourists annually to Charleston. People enjoy the stunningly beautiful city, walk along cobblestone streets, see famous landscaped gardens, visit historic plantations and take in the river and ocean views. The glorious white sand beaches on the barrier islands are just icing on the cake for the area. As you can see, there are compelling reasons why Conde Nast ranked Charleston as a top 10 travel destination for nine consecutive years.

Charleston also enjoys a diverse economy. Prime sectors that create job opportunities are as follows: · Medical University of South Carolina, Area Hospitals & Regional Medical Facilities (totals nearly 25,000 area jobs) · Tourism & Service Industry Jobs (over 46,000 jobs according to the Chamber of Commerce data) · Government (Air Force Base = 6,000 jobs, Naval facility = 5,700 jobs, plus the U.S. Border Patrol trains thousands of agents here) · 8 Colleges & Universities (30,000+ students creates many area employment opportunities) · Private sector companies such as Westvaco, Bayer, Robert Bosch, Nucor Steel, Blackbaud Software and many others.

The well-balanced economy has some built-in stability. Investors can take comfort in knowing one company cannot make or break the economy. At the time of this writing, the unemployment rate is below an astounding 2.7%.

A key factor affecting appreciation is the limited supply of developable land. The demand to live in this beautiful area consistently grows, yet the supply of ideal land to build upon is limited due to natural barriers such as protected wetlands, river boundaries, the ocean and other factors. Simple economics dictates that when the demand eventually outweighs the supply, real estate values can rise dramatically.

In sum, Charleston has: a thriving economy, unspoiled white sand beaches, innumerable recreational activities (shrimping, hiking, deep sea and river fishing, sailing, golf, tennis, diving and more), a famous historic district, thriving arts & cultural community, fine shopping and dining, horse-drawn carriage rides through the city, nearby quaint suburbs and much more make it a special place that truly offers a great lifestyle.

Do we believe it's a great place to invest in real estate? Absolutely! Call our office for more information on how you can get started today.


 

 


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