Thanksgiving month is here! Let’s give thanks that all the hurricanes missed us again this year. They always look like they’re coming our way, but they usually get turned by the gulf stream and hit poor Cape Hatteras. The weather is so great right now that they’re going to let us have an extra hour in November. On the table again are oysters, basketball, Holiday Festival of Lights, and chili.
Here is your calendar of events for November:
1-3: Coastal Carolina Fair still in town, Ladson
3: Boots, Bottles, and Blessings – Wadmalaw
3: Heather Land, Gaillard
3: Take Ten: A Decade of Jazz Gala and Concert, Memminger
For the 5th consecutive year, Charleston has been chosen as the #1 City in the US and Canada by Travel and Leisure Magazine. Amazon has ordered 20,000 Mercedes Sprinter Vans from our local factory in North Charleston. And Volvo is hinting there will be a third vehicle manufactured here in addition to the S60 and XC90. United Airlines also just ordered 9 new 787’s to be built at our Boeing Plant. All this manufacturing is always a good thing. Obviously, this probably has a lot to do with the growth in our real estate market. 2018 will be very close to matching the record sales of 2017. And the median price is at $272k, up 7.1% year to date over 2018. Remember, there will be an economic recession at some point in the future. However, real estate usually holds its value during recessions. This is one of the many great things about owning real estate. You will not likely ever see a real estate downturn like 2008 ever again.