. . . . . . . . . . . . . . . . . . . . . . . . . . Chris DeLoach . . . 843-270-1272 . . . . . . . . . . . . . . . . . . . . . . . .

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Boeing -- Home in Charleston

 

 

"...the largest announcement in South Carolina history..."

Airplane manufacturer Boeing has landed in Charleston -   bringing up to 12,000 jobs over the next three years.

 

Boeing's decision to move to Charleston means that the area will have an even more diverse economy than it already has and thousands of new  employment opportunities - both direct and indirect -  as a result of this move. 

What is the effect of Boeing's decision to move to Charleston on the real estate industry in Charleston?

Real estate in South Carolina will definitely benefit from this decision. 

The entire area, from Summerville to Charleston to Mount Pleasant and beyond  - will see a dramatic positive impact for the real estate industry and for home buyers and home sellers.  This is much more than the quiet entry of a new manufacturing business into the area (which we have from time to time).  Rather, Boeing's decision heralds the beginning an unprecedented change in the economic basis of the entire region.  This is a decision that is a very good news for every home owner, every home buyer, and every home seller in the Greater Charleston Area.

Home prices, which have already started to stabilized, will be better positioned to improve as demand for housing will increase.  Existing inventories will continue to be drawn down but at a quicker rate.  Homebuyers and home sellers in the Charleston, South Carolina area can now anticipate a normal market sooner rather than later where home buyers and home sellers are much better balance.  Developing areas with new home construction, which have been operating in a holding pattern for over a year, can now begin to move forward more aggressively with development as confidence in the growth of the Charleston area has been totally restored. 

Charleston has always been an area that has been attractive to businesses of all sizes and is recognized as one of the top cities in the nation for small business owners.  Boeing will discover the Charleston is an amazing place to have a business - large or small.  The people of the Charleston area are known for their work ethic, dedication, and mission mindedness.