So we're in the news again! This time it's national news on CBS. South Carolina and more specifically- Charleston, is booming right now. We are enjoying some of the lowest unemployment rates in the Country! A wonderful climate, plenty of job opportunities, large companies moving to the area, and massive changes in Charleston's infrastructure shows dramatic growth for our Tri-County area.
Take a look at this quick video on how Charleston is truly starting to take shape with the Port of Charleston, and the many large companies setting up shop here. There are still plenty of opportunities to find an investment to double (yes, double) your money within 10-15 years. Make the down payment on rental house (10%), have the renters pay the note down every month for you, and then sell for retirement or college for the kids. I honestly don't know of another investment vehicle where OTHERS pay for your investment vehicle.
Or, if you are relocating to Charleston- have confidence in your purchase knowing that the market is likely to go up. I can't stress enough how Charleston is it's own market vs. the rest of the country. We are truly a one-of-a-kind city!
Mike Ciucci specializes in the Charleston SC real estate market. He has been a Charleston realtor for over 15 years, focusing on quality and attention to detail his clients have come to expect.