What’s in it for me? That is what WIIFM stands for. I’m here to tell you that this is what most people are thinking when they are having any type of conversation but, especially one about real estate. Today, it is my intention to tell you exactly what’s in it for you. Allow me to explain. I am a realtor in Charleston, South Carolina and I am fortunate to be working in a city that is poised for greatness with respect to its current real estate market. Don’t get me wrong. Things have been heating up around here for a little while now but, it’s really going to become obvious to you shortly. What do you think is going to happen after we introduce the following businesses to the already robust economy in Charleston, South Carolina?
Welcome to Charleston, SC
1. The Charleston International Manufacturing Center
2. Frontier Airlines and Allegiant Air — launched operations at the airport this year
3. Blackbaud has acquired Reeher – a data analytics and fundraising platform
4. Volvo manufacturing plant, worker training center
5. Science Applications International Corp. SAIC is expanding into Hanahan
6. Mercedes Benz Vans – now operational in Ladson
7. Brightway Insurance – now open in Charleston
8. Call Experts, a Charleston-based call center, has tripled its West Ashley office space
9. Roper St. Francis Berkeley Hospital is expected to open in the summer of 2019.
10. WestEdge- Please check out this link because it’s fabulous.
Why is this so important?
I’ll tell you what’s going to happen. For those of you who need a little bit of help seeing the future of things, when a great and dynamic business comes into town, they usually need smaller support businesses to feed them materials, parts and supplies or to help with logistics, analysis, auditing or any number of other elements, right? Yes, they do. It is my belief that by the time the new Volvo plant is up and running, you will see quite a few of its vendors taking their new place in the Lowcountry as well. And how about Frontier Airlines? Don’t you think they will be bringing along some of their own? How about the Charleston International Manufacturing Center? Are you starting to catch my drift? These companies are big and they have a large following. This is excellent news for the economy of Charleston, South Carolina and it is also excellent news for the real estate market here.
What’s in it for you?
Well, this is just the beginning of the incline. We have only just broken ground for a few of these companies. That means that you are right on time. You can buy low and sell high. Or perhaps, you can pick up that rental property you’ve been thinking about because the market will be infused with plenty of newly transplanted employees of these corporations. Or better yet, if you’ve been living here for a while and you have at least $50K in equity in your current home, I have another blog you should read called Using Your Home as an Investment
The possibilities are endless for the next few years and you should start to consider how this economic climate plays into your future plans. For those of you who have seen great increases in the value of your home already, let’s do that again! I’m always up for touring some new homes in the area. If I’ve piqued your interest, feel free to check out my website www.StacieSmith.Homes It is connected to the Charleston Trident Multiple Listings Service. (MLS) There you will find the most up to date and accurate information available on properties currently listed in the Lowcountry.
Here you go. Feel free to call, text or email me with any questions you may have.