March in the Lowcountry
Accolades, Real Estate Trends and More. . .
YELP ranked Charleston as the 5th Best City for Economic Opportunity. You may view YELP as simply a place to review a dry cleaner or to rant about the service or product in a local business, but the company says it can use its thirteen year stash of information to decide where to open a business. It’s a novel approach to measuring economic growth, but Harvard Business School says their findings closely match.
The Johns Island Community Association has asked for a six month moratorium on new permits for residential units. 2017 was the busiest year ever for Charleston real estate with almost 18k sales
Real estate inventory continues to be at historically low levels. Low inventory and rising interest rates makes for buyers' urgency. Remember that a 1% increase in mortgage rates reduces a buyers buying power by 10%. Instead of looking for a $300k home, they can only afford a $270k home and keep the same payment. If you’ve thought about selling your home, this year is a golden opportunity.
Lowcountry Businesses in the News
Around town, MUSC has announced its lease of the old JC Penny store in Citadel Mall. In an unconventional move, they will put a medical facility in the space. The first floor will house outpatient surgery, therapy and radiology while the second will be dedicated to doctor’s offices.
3/6/18: Venice Baroque Orchestra | Gaillard Center
3/7/18: Spinal Tap | Charleston Music Hall
3/9 - 3/10/18: Celebration of Quilts | Omar Shrine Temple Convention Center
3/10/18: ArtFest | Mt Pleasant Towne Center
3/10/18: St Patrick’s Day Block Party and Parade | Park Circle
3/13 - 3/17/18: 12th Annual Fashion Week
3/15/18: Catch the Leprechaun 5K Run and Walk
3/15 - 3/21/18: Annual Festival of Homes and Gardens | downtown Charleston
3/16/18 -3/18/18: Charleston Antique Show | Gaillard Center
3/17/18: 2018 Walk for Water | North Charleston Riverfront Park
3/17/18: St Patrick’s Day Parade | King Street
3/18/18: Travis Tritt | Charleston Music Hall
3/20/18: Ovation Concert Series | Dock Street Theatre
3/20/18 - 3/25/18: Beautiful - The Carole King Musical | North Charleston Performing Arts Center
3/22/18 - 3/24/18: 83rd House and Garden Tour by the Garden Club of Charleston
3/24/18: Harlem Globetrotters, North Charleston Coliseum
3/24 - 3/25: Thumbelina Ballet | Sottile Theatre
3/24 - 3/25: Pet Fest 2018, Palmetto Islands County Park
3/27/18: Million Dollar Quartet | Gaillard Center
3/27/18: The Pretenders | North Charleston Performing Arts Center
3/31/18: Hat Ladies’ 17th Annual Easter Promenade
3/31 - 4/818: Volvo Cars Open | Volvo Cars Stadium