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SOLAR ECLIPSE AND TAX-FREE WEEKEND

Posted By: In: CharlestonByDay Blog Posts
Date: Thu, Jul 27th 2017 11:48 am

August 2Solar_Eclipse017 Newsletter from CharlestonByDay

The dog days of August are here and that means Tax-Free Weekend on Aug 4-6.  August also means that school will be starting back and there are some events with free school supplies.  Charleston is getting national attention for the total Solar Eclipse on Monday, Aug 21, 2017,  starting about 1:16 p.m.  Yes, I am excited since our boys are coming from NJ to watch it with us!  Solar Eclipse events include Eclipse Baseball Game at Joe Riley Park, an all day program at the Children’s Museum, Citadel Mall is an official NASA viewing location, Total Eclipse of the Art at the Gibbes Museum, a view party at MUSC Health Stadium on Daniel Island, and an eclipse party at the Charleston Harbor Resort and Marina. You can get your SOLAR GLASSES at many local vendors!

CHECK IT OUT HERE

COUNTDOWN BEGINS:  Aug 21, 2017,  at 1:16 pm 

Maximum: Mon, Aug 21, 2017, at 2:47 pm

Ends: Mon, Aug 21, 2017, at 4:09 pm

Duration: 2 hours, 53 minutes

Totality: 1 minute, 38 seconds

Magnitude: 1.00

Here is your August calendar of events:

2: Broken Flowers Film Screening, Music Hall

4-6: SC Tax Free Weekend

4: Reggae Concert Series, James Island County Park

9-13: Cirque du Soleil OVO, N Chas Coliseum

9: Mary Chapin Carpenter, Music Hall

10: David Feherty, Music Hall

11-12: Hootie and the Blowfish Homegrown Tour, Volvo Car Stadium

12: Berkeley Goes Back to School Festival, 418 Main St Moncks Corner

12: Shaggin’ on the Cooper, Mt Pleasant Pier

13: SECOND SUNDAY ON KING STREET

13: City of Charleston First Day Festival, Liberty Square

13: Sprint Triathlon, James Island County Park

18: Moonlight Mixer, Folly Pier

20: Life Aquatic Film Screening, Music Hall

21: Solar Eclipse

22: Tony Bennett, Gaillard

26: 18th Annual Race for the ARK, Summerville

30: The Second City Cure for the Common Comedy, Music Hall

Sept 1-3: Lowcountry Jazz Festival, North Chas PAC

Travel and Leisure Magazine named Charleston as the best city in the US for the fifth consecutive year and they also named us the 2nd best city in the World.  Southern Living magazine named Charleston the #1 Best City in the South. Food and Wine magazine included Charleston in their list of the Top 10 Most Exciting Food Cities in the World.

In business news Volvo and Mercedes plants moving in have begun to have a ripple effect here. IFA, a German Automotive supplier, plans to expand by adding a new 234,000 square foot plant in Berkeley County(+120 jobs.) The company presently makes about 2 million drive shafts a year at its Ladson facility. Knapheide is building a 75,000 square foot facility (+63 jobs) in Charleston County to provide and install van interiors and bodies for the Mercedes plant located down the road.  T-Mobile will renovate the abandoned Rivers Ave Kmart store in North Charleston to create the largest call center for the carrier adding 400 new jobs.  That is great news! New jobs, new homes and lots of new choices for our residents.

I recently visited the Nexton community in Summerville.  What a beautiful new subdivision that is.  Each week I do a video from different subdivisions, new construction sites,  or places of business and my videos are on YouTube under CharlestonByDay or on our FaceBook page at CharlestonByDay! I call it #AtasteofTheLowcountry as I try to give you a “taste” of what we enjoy here in Charleston!

Of course, with all this going on, the real estate market continues to move forward nicely. Year to date, transactions are up 7.7% over the same time period from 2016.  2017 will likely be the busiest year in Charleston history.  We may sell over 18k units.  Median sales price is up a modest and sustainable 3.9%.  Median sales price is at an all time high of $253k. However, according to my regression analysis of prices back to 1991, we are still undervalued.  We should have a median price of about $270k right now. Mt Pleasant continues to be a very attractive area with median prices in the $225/sqft range.  However, Park Circle in N Charleston and Hanahan and Daniel Island have become hot spots for Boeing employees, and now Summerville and Goose Creek are seeing a boom with the coming of Volvo.

Well, this has been a fun month to report to you all….especially THE SOLAR ECLIPSE! Have fun and if you have any real estate questions, please call us at 843-900-0477.  Greg and I are very appreciative of your referrals and your repeat business!

Have a great August! 

Greg & Susan 


"Experience Only The Service an Owner Can Provide!"