By the end of next year, Roper St. Francis plans to open 60,000 square feet of new medical offices and outpatient facilities in Berkeley County. The 60,000 sqft complex will offer diagnostic imaging, urgent care and oncology services
The new facilities will eventually accompany the system’s fourth hospital that is planned at Carnes Crossroads, a 2,300-acre mixed-use development between Goose Creek and Summerville.
Filed under Places, Stories, News & Events
In fall 2012, Cane Bay developer Gramling Brothers Real Estate and Development Co. gave 68 acres to the newly formed YMCA of Greater Charleston to build a $20 million sports complex. It was the largest gift of land ever donated to a non-camp YMCA in the United States, local YMCA officials said.
The project includes a gymnasium with a stage; a wellness center; multi-purpose rooms; exercise locker rooms; and an indoor swimming pool. The building will be surrounded by tennis courts, ball fields, multi-purpose fields, an area for a water park and parking.
It will be built in the center of Cane Bay, a 4,500-acre community off of U.S. Highway 176 near Carnes Crossroads in Berkeley County that will have about 10,000 homes.
YMCA officials initially hoped to break ground on the facility this spring, but like many projects, it has taken longer than expected to get financing in order.
They now hope to break ground later this year, with completion by early 2016 or possibly earlier.
Filed under Places, Stories, News & Events
The U.S. Census Bureau’s release of the Fastest Growing U.S. Counties, places Berkeley County at number 90. Two other S.C. counties that made this top 100 list are; Horry County at number 50 and Beaufort County at 83.
Berkeley County’s growth is expected to continue at a steady pace as new projects develop and expand. Nexton, Cane Bay and Carnes Cross Roads are among the developments that are expected to make an impact.
US CENSUS BUREAU 100 FASTEST GROWING COUNTIES
Filed under Places, Stories, News & Events
Tri-County Area Population – Approximately, 29,600 people move to The Charleston area each year from other states. Where do they come from?
Approximately 24,700 people move away from the Charleston area, to other states, each year. They are also more likely to move to one of these top 7 states.
The Charleston Area also receives residents from other areas of South Carolina each year. The five counties that send the largest number of people to the Charleston area, are;
Each year, an estimated 16,000 people move to another county within the Charleston metro area.
Filed under Places, Real Estate (Market info), Stories, News & Events
Construction has just begun on Nexton Elementary. The school is among the first projects for Nexton – A 4,500-acre mixed-use community being developed by MeadWestVaco. The school is set to open in approximately 18 months.
The Nexton Development Plan is a 30 year project. The plan calls for 10,000 homes, 6 million square feet of commercial space, several schools and hotels, and 50 miles of hike / bike trails. Roughly half of the land will remain green space or wetlands
In addition to the new school, Currently, office space and a hotel are under construction, with another hotel, apartment building, medical campus and restaurant being planned.
Nexton Elementary School is part of the Berkeley County School District’s $198 million building and renovation plan. The funds will be used for the Nexton school, as well as an elementary school in Tanner Plantation, a middle and high school in Cainhoy Plantation and an elementary school at Fox Bank Plantation. The schools are set to be completed by 2018.
Filed under Places, Stories, News & Events
Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.
Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north.
These buyers are ready, willing and able to buy…and are in the market right now!
Housing supply always grows from the spring through the early summer. Also, there has been a growing desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners have seen a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future.
The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.
If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by approximately 4% this year and 8% by the end of 2015. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate at about 4.5% right now. Freddie Mac projects rates to be 5.1% by this time next year and 5.7% by the fourth quarter of 2015.
Moving up to a new home will be less expensive this spring than later this year or next year.
South Carolina’s population has increased by more than 15% between 2000 and 2010, making it one of the fastest-growing states in the country, according to the U.S. Census Bureau. South Carolina hosts a wide variety of employers to work for, quality schools, universities, recreational activities, and affordable homes.
NerdWallet recently analyzed all 51 places in South Carolina with more than 10,000 residents to determine which have characteristics that are favorable to homebuyers. Their analysis answers three main questions:
1. Are homes available?
2. Can you afford to live there?
3. Is the area growing?
Goose Creek SC
Nestled between Charleston to the south and the Francis Marion National Forest to the northeast, Goose Creek offers low homeowner costs that take up just 26.9% of median monthly household income. Here, 68.6% of homes are owned rather than rented, and the median home value is $168,600. Naval Weapons Station Charleston occupies parts of Goose Creek and neighboring Hanahan. The base encompasses more than 17,000 acres, with 10,000 acres of forest and wetlands, and the base employs more than 11,000 workers in the military/civil service/contractor fields. Goose Creek is in the southern end of Berkeley County, the largest in the state when both land and water areas are counted.
Located in Goose Creek is Crowfield Plantation, a planned development that consists of 27 communities featuring a variety of housing types, amenities and commercial properties. The community includes 26 miles of natural biker/hiker trails, playgrounds, park, ball field, tennis courts, swimming pools, club house, RV & Boat storage, ponds, Lake, several docks and a public golf course located within the community.
This diverse community offers housing opportunities in a variety of price ranges, styles and ages. Whether you are a golfer, biker, swimmer, fisherman or tennis player, Crowfield Plantation has something to offer everyone!
If you would like more information about buying or selling a home in the Charleston area, Contact us!
Gena Glaze
Read Full article – SC Best Cities For Homeownership.
Filed under Places, Stories, News & Events
Phase one of the project will create two 150,000-square-foot medical office buildings, an ambulatory surgery center, a 23-hour urgent care unit, rehabilitation services and other health facilities.
Future phases may include cancer treatment, hospice services, assisted-living residences and medical lodging.
Company officials note that the medical campus will benefit from Nexton’s GigaFi, South Carolina’s first community-wide gigabit network. The high-speed Internet will allow for overall efficiency on the campus, including faster download of CAT scans and x-rays and easier transfer of files using electronic health records (EHR) system.
Filed under Places, Stories, News & Events
Berkeley County Activity Leads to Increased Home Sales in March
CHARLESTON, SC— According to preliminary data released today by the Charleston Trident Association of REALTORS® (CTAR), 1,110 homes sold at a median price of $219,316 in March. Last March, 1,075 homes sold at a median price of $200,789 in the region.
Inventory increased significantly in March–there are currently 5,873 homes listed as ‘active’ for sale in the Charleston Trident Multiple Listing Service (CTMLS). Last March there were 5,745 homes available and last month, 5,565. A growing inventory will supply interested buyers with more choices and keep prices from inflating on an unrealistic basis.
“As the spring buying season begins, the expected trend has continued—a small but sustainable increase in sales” said 2014 CTAR President Corwyn Melette. “The additional inventory will result in more interested buyers and help keep our market stable over the next few months. The substantial sales gains this month in Berkeley County were supported by a concentration of activity in the new Cane Bay Plantation and Daniel Island as well” said Melette.
February Adjustment
Preliminary data reported for February 2014 indicated that 791 homes sold at a median price of $210,000. Adjusted figures now show 813 homes sold a median price of $207,000.
Berkeley County
248 homes sold at a median price of $176,601 in Berkeley County in March. Last March, 201 homes sold at a median price of $168,000. The most active area in the county was in the North area bordered by Jedburg Road, Highway 17A and College Park, with 59 sales at a median price of $171,500.
Charleston County
In Charleston County in March, 626 homes sold at a median price of $280,000. Last March, 649 homes sold at a median price of $245,000. 210 homes sold in Mt. Pleasant at a median price $390,633. Other top areas were West Ashley (outside I526) with 77 sales at a median price of $219,000 and North Charleston (outside I-526) with 64 sales at a median price of $131,295.
Dorchester County
191 homes sold at a median price of $159,000 in March in Dorchester County. Last March, 189 homes sold at a median price of $162,500. The most active area was Summerville/Ridgeville, where 85 homes sold at a median price of $173,000.
-Market Reports from Charleston Trident Association of Realtors
Real Estate Matters in Charleston SC - Gena Glaze 