Lowcountry

Lowcountry - Real Estate

Charleston, South Carolina is the #13 metro with the fastest-growing property taxes in America

July 25, 2022 by 0 Comments
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Homeowners in certain parts of New Jersey, Illinois, and New Hampshire probably already know that they pay the highest tax rates in the U.S. But it was mostly metro areas in southern states that saw the highest growth in property tax rates since last year.

Using analysis from real estate data platform ATTOM Data, Agent Advice examined the average property tax in more than 100 major metropolitan areas across the country to see where property taxes increased the most from 2020 to 2021 (the latest data available).

To be included, each metro area had to have a population of at least 500,000. Metro areas include the main city and its surrounding towns and suburbs. The average tax rate is calculated using the average estimated market value of homes in each area.

Keep reading to see how property taxes have grown in your area, or check out the national list here.

Charleston, South Carolina by the numbers

  • Average property taxes in 2021: $2,697
  • Average property taxes in 2020: $2,408
  • (up 12.0%)

Located two hours south of Myrtle Beach, Charleston is affected by the surge of Americans moving to South Carolina. A report from moving company United Van Lines found that South Carolina experienced the third-most inbound migration in 2021.

Homeowners in the metro area, however, do benefit from a tourism-fueled sales tax structure intended to offset property taxes. South Carolina’s port city of Charleston operates under the same property tax assessment mechanisms as Columbia.

Home values in the U.S. skyrocketed in 2021, rising faster in one year than they have in recent history. Propelled by low interest rates, demand for homes shot up while builders struggled to complete enough new homes to satisfy buyers. The typical American homeowner saw their home value jump tens of thousands of dollars.

Those home values jumped so quickly that effective tax rates in 2021 likely didn’t wholly account for the increases. In fact, effective tax rates largely declined across the country last year.

The average tax on single-family homes in the U.S. rose by 1.8% in 2021 compared to the year before, according to ATTOM Data. This represents the slowest rate of growth in five years. Smaller metros recorded some of the biggest tax increases, as home prices grew the most in these places.

Check out which metros have the fastest-growing property taxes below.

Metros with the fastest-growing property taxes

  • #1. Lancaster, Pennsylvania: +29.2% increase in average property taxes
  • #2. Nashville, Tennessee: +27.0% increase in average property taxes
  • #3. Knoxville, Tennessee: +22.2% increase in average property taxes
  • #4. Chattanooga, Tennessee: +22.0% increase in average property taxes
  • #5. Winston-Salem, North Carolina: +20.52% increase in average property taxes
House icon line vector illustration

Originally published on agentadvice.com, part of the TownNews Content Exchange.

Lowcountry

Enjoy this breathtaking look at Charleston from up above by Jared Minnex

July 24, 2022 by 0 Comments
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Charleston, South Carolina, has once again charmed Travel + Leisure readers, winning the top spot in the World’s Best Awards for Best Cities in the U.S. for the 10th year in a row.

There’s a reason people keep going back to Charleston: the city expresses the perfect balance of Southern charm, knockout food and drinks, and walkability. Many readers also found the city’s history to be a draw. Others appreciated the simple pleasures of strolling the side streets of downtown.

I recently went to visit and was blown away by the diverse landscapes from the historical downtown, tropical-like islands, and almost eerie swamplands.

All footage was shot on the DJI Mavic Air 2 and colored in Premiere Pro. Footage includes Cyprus Gardens, Mount Pleasant, Folly Beach, Isle Of Palms, Sullivans Island, Downtown Charleston, and Morris Island.

Please visit my website to see more recent work at: www.jaredminnix.com

Lowcountry - Real Estate

South Carolina was named as one of the Top 10 Most Stable Housing Markets in a recent study by CNBC

July 21, 2022 by 0 Comments
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According to an analysis by CNBC that weighed each state’s economic health, annual home price appreciation, new construction per year, and foreclosures and insolvency from the first quarter of 2022, the Top 10 Most Stable Housing Markets were identified and South Carolina was ranked #9 in the nation.

Here is why South Carolina was ranked in the Top 10 Most Stable Housing Markets for 2022

  • 2022 Economy ranking: 13
  • Home price appreciation: 21.4 percent
  • Housing starts per 1,000 people: 9.5
  • Foreclosure rate: 1 in 1,081 housing units
  • Underwater mortgages: 3.4 percent

South Carolina is in the midst of a very heated market, with tight inventory and regular bidding wars, helping prices to continue to rise.

However, strong new construction starts should eventually help mitigate that demand in the upcoming months.

The remaining Top 10 states include:

  • #10 – South Dakota
  • #9 – South Carolina
  • #8 – Arizona
  • #7 – Vermont
  • #6 – Tennessee
  • #5 – Idaho
  • #4 – Texas
  • #3 – Florida
  • #2 – Washington State
  • #1 – Utah

Additional Reading: Charleston Rental Forecast 2023

Read the full article here

Lowcountry

Must See and Do in Charleston, South Carolina – New video with interesting tips

July 20, 2022 by 0 Comments
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Enjoy this new and quick video from the Traveling Gingerbread with 25 places and things to do in Charleston, South Carolina

About the Video

Explore some of our favorite alleys, restaurants, breweries, and sites in Charleston, South Carolina.

1. Philadelphia Alley

2. Historic Charleston

3. Stoll’s Alley

4. Old Exchange and Provost Dungeon

5. The Battery

6. Palmetto Brewing Company

7. Charleston City Hall

8. Fleet Landing Restaurant & Bar

9. Longitude Lane

10. Historic Charleston City Market

11. Saltwater Cowboys

12. Historic Charleston

13. Rainbow Row

14. Cane Rhum Bar & Caribbean Kitchen

15. Magnolias

16. U.S. Custom House

17. The Griffon

18. Historic Charleston

19. Magnolias

20. Pineapple Fountain

21. Gilroy’s Pizza

22. St Matthews German Evangelical Lutheran Church

23. Revelry Brewing Company

24. Old Exchange and Provost Dungeon

25. East Bay Meeting House Bar & Café

https://www.youtube.com/watch?v=dv6wsIIl_Ys
Lowcountry

Latest Update on the Folly Beach Fishing Pier

July 19, 2022 by 0 Comments
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July 19, 2022 update

Great progress continues on the new Folly Beach Fishing Pier as crews put the finishing touches on the diamond pierhead and gazebo while continuing to construct the substructure moving toward land. The gazebo roof is complete, fishing benches installed, and plumbing/electrical installation has begun on the diamond pierhead.

The first observation area is being framed as crews also work on installing the handrail and deck panels. Pile driving and precast setting continue toward land.

The substructure is approximately 70% complete with roughly 300′ worth of piles, caps, and beams remaining to be constructed. The new Folly Pier remains on schedule for completion in the Spring of 2023.

For more information on the Folly Pier project, and to watch a construction time-lapse, visit www.ccprc.com/PierProgress.


Lowcountry

Hermosa Jewelry Hosts Grand Opening for New Downtown Charleston, SC Location

July 19, 2022 by 0 Comments
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LEADING CHARLESTON JEWELRY SHOP HERMOSA JEWELRY HOSTS GRAND OPENING FOR NEW DOWNTOWN LOCATION

Flagship Mount Pleasant Store and Downtown Location Open for Permanent Jewelry Experience & Original Handcrafted Jewelry Designs

CHARLESTON, SC — One of the premier Charleston jewelry shops, according to USA Today, Hermosa Jewelry is launching their second location alongside other locally run businesses in the Cannonborough-Elliiotborough neighborhood in downtown Charleston. The shop, founded and owned by Haley Holzworth, will be focusing on a hot new trend in fashion: the Permanent Jewelry experience. 

Permanent Jewelry, a custom fit piece of jewelry that is welded together without a clasp, has become known as the ultimate friendship bracelet. Similar to the Flagship shop in Mount Pleasant, the store will also be filled with original handcrafted designs and unique gifts for all. 

“I started this business 20 years ago when I was in high school, and it is a dream come true to now be opening a second location in the #1 city in the United States for travel,” says Haley Holzworth. “Charleston has become a premier destination for travelers, and we are excited to be able to offer those visiting the Holy City a unique jewelry experience.”

Please join us for an afternoon of shopping and Permanent Jewelry welding at the grand opening of this beautiful new location. Refreshments and light hors d’oeuvres will be provided. 

  • Haley will be available for interviews. 
  • Where: Hermosa Jewelry, 62A Spring Street, Charleston, SC 29403
  • When: 4-8pm EST, July 28, 2022 

RSVP: Please RSVP to Director of Media Brielle Colby brielle@districtmediagroup.com 

About Hermosa Jewelry

Hermosa Jewelry was founded in 2002 by Haley Holzworth. Haley inherited a collection of vintage jewelry she reconstructed into new creations. Hermosa Jewelry uniquely balances bold colors with distinct textures, creating artfully designed everyday jewelry and one of a kind statement pieces. Hermosa Jewelry has appeared in Hermosa in USA Today, Charleston Magazine,  and Charleston Weddings among others. For more information on Hermosa Jewelry, email hello@hermosajewelry.com, visit www.hermosajewelry.com, follow on Facebook (Hermosa Jewelry) or Instagram (@HermosaJewelry).

Lowcountry

U.S. Space Force names Clemson University its newest strategic partner

July 18, 2022 by 0 Comments
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The U.S. Space Force welcomed Clemson University as an official member of its University Partnership Program (UPP) at a Memorandum of Understanding signing event on July 18.

The USSF — the sixth and newest branch of the U.S. Armed Forces — established the UPP to identify, develop and retain a diverse, STEM (Science, Technology, Engineering and Math)-capable workforce to further its mission to protect U.S. and allied interests in space.

As modern warfare is increasingly fought via satellite control networks, the need for creative workers proficient in the STEM fields is at an all-time high. Through the partnership, the USSF will seek to recruit new members and create educational and leadership development programs for existing Space Force employees.

Clemson is proud to partner with the United States Space Force in becoming a member of the USSF University Partnership Program. As we continue our institution’s strong history with the United States Armed Forces, this new partnership is an incredible opportunity for our faculty, staff and students to continue to engage in groundbreaking research, develop innovative educational experiences and discover new and exciting ways to serve our country.CLEMSON UNIVERSITY PRESIDENT JIM CLEMENTS

The research and technology created through the partnership will make an impact far outside the military, said Vice Chief of Space Operations Gen. David D. Thompson.

With the signing of the MOU, Clemson University and the U.S. Space Force commit to an exciting partnership for the future. Our nation is depending on the next generations of scientists and engineers to help us solve complex national security challenges and these challenges are multi-generational. A big part of that challenge involves educating, recruiting and equipping the next generation for service — and that’s why we are here today. Any knowledge gained from the Space Force and Clemson working together is ultimately for the benefit of our nation.VICE CHIEF OF SPACE OPERATIONS GEN. DAVID D. THOMPSON

Universities are selected based on four criteria: the quality of STEM degree offerings and space-related research laboratories and initiatives; a robust ROTC program; a diverse student population; and degrees and programming designed to support military, veterans and their families in pursing higher education.

Teaming with the USSF comes naturally for Clemson, a school that boasts a rich military heritage dating back to its founding as an all-male military college in 1889. Clemson alumni have fought, and in 497 cases given the ultimate sacrifice, in every war since then. Its ROTC program has produced more than 10,000 officers, including Space Force Chief of Space Operations Gen. John W. “Jay” Raymond, a 1984 Clemson alumnus, and two Air Force generals assigned to Space Force — Maj. Gen. Leah G. Lauderback, ‘93 and Maj. Gen. Donna Shipton, ‘91.

Signing the MOU is the first step in a journey designed to enhance the futures of both entities. The USSF and Clemson will immediately begin working to meet the program’s four main goals:

  1. Establish opportunities for world-class research, advanced academic degrees, and workforce and leadership development for USSF Guardians.
  2. Identify and pursue research areas of mutual interest with member universities, individually and collectively.
  3. Establish scholarship, internship and mentorship opportunities for university students and ROTC cadets.
  4. Recruit and develop diverse officer, enlisted and civilian Guardians with a particular focus on science, technology, engineering and mathematics

Clemson is the 13th university to join the UPP. The others are:

  • The University of North Dakota
  • Massachusetts Institute of Technology
  • Georgia Institute of Technology
  • The University of Texas at Austin/System
  • The University of Texas at El Paso
  • Howard University
  • North Carolina Agricultural and Technical State University
  • Purdue University
  • The University of Colorado Boulder/System
  • The University of Colorado, Colorado Springs
  • Arizona State University
  • The University of Southern California

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Lowcountry - North Charleston, SC

SHL Medical announces plans for a new manufacturing site in North Charleston, South Carolina creating new jobs and meeting a growing demand

July 18, 2022 by 0 Comments
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North Charleston, SC, July 18, 2022 – SHL Medical (hereinafter referred to as “SHL”) has revealed plans for a new manufacturing site in North Charleston, South Carolina, in response to the growing market demand for its autoinjector product portfolio. The decision stems from SHL’s strategic assessments in extending its production to North America.

The new US site will be located in North Charleston, South Carolina, and will boast approximately 25,000 m2 (270,000 ft2). With initial investments of US$ 90 million, SHL is expected to create an estimate of 165 local employment opportunities. Operations are expected to launch by 2024. 

The South Carolina site will be an advanced facility with medical device injection molding and fully automated assembly capabilities. Together with SHL’s current final assembly, labeling, and packaging operations in Deerfield Beach, Florida, the expanded manufacturing capabilities in the US will further fortify SHL’s offerings in delivering comprehensive services to its partners.

In 2019, SHL developed a long-term strategy in response to the growing autoinjector demand and to meet future manufacturing needs. The announcement of the new US operation aligns with the company’s ongoing expansion, including a new Swiss site already being announced. The new production site in the US, which is to be realized preferentially and accelerated, will offer fully automated production facilities and a flexible supply chain with reduced distance to main markets.

Chairman and CEO Ulrich Faessler comments: “Demand for SHL’s products has increased significantly. Therefore, we are speeding up our plans for a new plant in the US. Similar to our upcoming European site in Zug, Switzerland, the US site will be a state-of-the-art, fully automated site. This expansion signifies SHL’s pledge to our advanced manufacturing strategy that will support our sustainability goals; and, at the same time, risk-mitigate supply chain disturbances through closer production with our customers, in light of various global events from the past two years. This further supports our customers with one-stop-shop capabilities, providing high-quality drug delivery systems to the end-users – the patients.”

Lowcountry

Give the Gift of Love: Foster a pet in Charleston, South Carolina

July 17, 2022 by 0 Comments
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Charleston Animal Society does wonderful things in the Lowcountry to foster love and care for animals throughout the community and beyond. One of the wonderful ways they partner with us is by offering fostering care for the animals they rescue and protect.

If you feel it is time to extend your love to an animal in need, click to the link to apply to be a foster parent.

Become a Foster Application

Why Foster?

  • 1. Fostering increases an animal’s chance of getting adopted
  • 2. Your own pets will learn more social skills
  • 3. You get to see if you’re ready to own another pet
  • 4. Fostering is temporary
  • 5. You probably already have the space for one more
  • 6. You can choose how to foster
  • 7. Fostering keeps animals out of shelters.
  • 8. You are saving a life