South Carolina moved up a spot to No. 7 on Chief Executive magazine’s list of the best states in which to do business.   The Top 5 1. Texas 2. Florida 3. North Carolina 4. Tennessee 5. Indiana The Bottom 5 50. California 49. New York 48. Illinois 47. Massachusetts 46. Michigan The magazine released today its eighth annual survey of “CEO … [Read more...]

Today the historic jet will leave the massive facility again — this time for good. It will then be flight-tested, painted in Texas and returned to the Lowcountry for delivery to Air India. Today is Boeing South Carolina’s big day: the much-scrutinized local plane-making operation is slated to roll out its first 787 Dreamliner. The jet’s debut this afternoon in North Charleston will make … [Read more...]

The real estate market continued its upward trajectory during the month of March, according to the latest home sales report from the SC Realtors. Statewide home sales have now increased the first three months of the year, when compared to 2011, which was another down year. In March, statewide sales were up 4.6% at 4,405, with median price dropping slightly to $144,825. On average, a home … [Read more...]

Washington, March 21, 2012 February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors®. Sales were up in the Midwest and South, offset by declines in the Northeast and West. Total existing-home sales1, which are completed transactions that include … [Read more...]

Magazine: Charleston is "4th-tastiest town in the South" CHARLESTON (WCSC) - Charleston will be featured in the upcoming issue of Southern Living magazine as one of the "10 Tastiest Towns in the South." After holding a vote for their readers, editors of the magazine compiled their top 10 list, which places … [Read more...]

Residential real estate sales showed continued improvement in the Charleston region last month, according to new figures from the Charleston Trident Association of Realtors. Year-to-date sales are up 7 percent compared to the same period of 2011, the association said. Preliminary figures show 607 homes sold last month, or 50 more than the previous February. Prices ticked up, too, … [Read more...]

The number of home sales involving foreclosure-related properties took a dip both in the fourth quarter of 2011 and for the year in whole, according to figures released by RealtyTrac, a national foreclosure tracking firm. In the fourth quarter, foreclosure-related sales accounted for 11.6% of all home sales. For 2011, foreclosure sales totaled 12.3% of all sales. The average price for a … [Read more...]

WASHINGTON — The average rate on the 30-year mortgage edged down this week to hover again above record lows. Cheaper rates have spurred modest improvements in the battered housing market, but not enough to signal a recovery. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year home loan fell to 3.90 percent from 3.95 percent the previous week. That’s slightly above the 3.87 … [Read more...]

The editors of This Old House magazine have named Park Circle in North Charleston one of 2012’s “Best Old-House Neighborhoods.” The magazine’s editors tracked down 61 neighborhoods in the U.S. and Canada that have promising futures, strong communities and homes that deserve a long-term commitment. The magazine notes Park Circle to be a location of “hundreds of lovingly crafted — … [Read more...]

Even with some lingering uncertainty in the economy, the improving housing market gives Charleston area Realtors reason to be optimistic in the coming year. According to a presentation given by Raymond Owens, senior research economist for the Federal Reserve Bank of Richmond, to the Charleston Trident Association of Realtors, indications of a modest economic rebound are under way. While job growth … [Read more...]