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REAL ESTATE REPORT OF GREATER
CHARLESTON
YOUR PARTNER IN LOWCOUNTRY REAL ESTATEIndustry Knowledge Backed by Superior Marketing
THE
Operated within Beresford Realty, LLC 672 Marina Dr, S-206B • Charleston, SC 29492
M
Yous Be enthusiastic about your journey!
S Having an appraiser in your corner givesy Sheryl brings 20 years of real estate
e As an extension to herb
Choose expertise and knowledge but also chosee We hope for the opportunity to be a part of your reale
Having both of our extended families nearby, we spend many weekends
t
Every step of the way, I have
l My career hasi
Our family (including hubby Robert, our
C of C student Jordan, son Will and our youngest daughter Molly “Blondie”) enjoyed many years livingi however,t We now enjoy warmer seasons, long beach days, time
a We consider ourselves so blessed to be a parto
843-737-6260 [email protected]
W
The New Era of Charleston - Regional Economic Forecast*
During the past two decades, the economyof the region has undergone a signiCcantshift from a military/defense-dependenteconomy to one now more diversiCed andanchored around the activities of The Port ofCharleston, the multi-billion dollar visitor in-dustry, healthcare industry, growing manu-facturing sector and the military. The region’squality of life and history and culture alsocontinue to attract new residents of all ages,helping to fuel the real estate and develop-ment industry as well.
LABOR FORCE ANDEMPLOYMENTThe region’s civilian labor force experiencedslight gains during 2011, up just 0.5 percent.Total employment, however, grew over twopercent, with the region adding more than6,000 jobs during the year. For the Charlestonregion, gains are expected in both 2012 and2013 as the region’s economy expands in eachof the next two years.
TEN LARGEST EMPLOYERSJoint Base CharlestonMedical University of South Carolina (MUSC) Charleston CountySchool DistrictRoper St. FrancisHealthcareBerkeley CountySchool District
Boeing Charleston
JEM Restaurant GroupDorchester CountySchool District
Trident Health System
Wal-Mart
For a complete listing of Charleston area major employers,please log onto www.charlestonchamber.net.
22,00011,0007,2004,8003,6503,0003,0002,8002,5002,300
The forecast for 2012 and 2013 is for the economy to expand in every sector with the momentum climbing over the next two years. The region will expand at a pace thatfar outpaces other regions in the Southeast and throughout the United States.
Most signiCcant to the future economic growth of the region are the transformative developments underway moving the region from a medium-sized metro region to aglobally recognized business destination, paving the way for unprecedented change and growth in the next Cve years.
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Tideline Realty Group Operates within Beresford Realty, LLC
843.737.6260 www.TidelineRealty.com
Regional Economic Forecast*
VISITOR INDUSTRYThe region’s visitor industry expanded in2011, with area experts reporting activity atrecord levels. The year also broughtinternational and national recognition asCharleston was named the nation’s numberone destination by Condé Nast Traveler in late2011. The magazine also named Charleston asthe number three destination in the world,ranking behind Sydney, Australia andFlorence, Italy.
* Source - 2012/2013 Economic Forecast Charleston Metro Chamber of Commerce. For a completecopy of report please reach Steve and Sheryl at 843-737-6260 or [email protected]
T he momentum climbing over the next two years. The region will expand at a pace thatf
e developments underway moving the region from a medium-sized metro region to ag ge and growth in the next Cve years.
Greater Charleston Real Estate Report
Your Partner in Lowcountry Real EstateIndustry Knowledge Backed by Superior Marketing
Steve DeMarcoDirect 884433..444422..11552200 SStteevvee@@TTiiddeelliinneeRReeaallttyy..ccoomm
Sheryl ScholerDirect 884433..773377..66226600
SShheerryyll@@TTiiddeelliinneeRReeaallttyy..ccoomm
w w w . T i d e l i n e R e a l t y . c o m
INTEREST RATESThe Federal Reserve has been unprecedentedly transparent by announcing their intentionsto keep rates low until 2014.
T
Charleston Region Housing Statistics*
A We havee
House starts still remain well below the 50 year average (HUD) however Charlestonh
Tideline Realty Group Operates within Beresford Realty, LLC
• Closing Sales of 10,748 in July 2012(12 month total) ... up 19% from July, 2011
• Median Price ... up 3.4 % from one year ago
• Inventory ... Down 26%• Months Supply ... 7.1
(from 11.4 one year ago)
Risks to these Forecasts include potential changes to Washington Policy. Please email us for a completelist of Forecast Risks.
843.737.6260 www.TidelineRealty.com
Housing Statistics*
* Source: 2012 Midyear Charleston Residential Real Estate Market Update. Published and Held on August 15, 2012.Dr. Lawrence Yun, Chief Economist and Senior V President of research for the National Association of Realtors.For a complete copy of report, please reach Steve or Sheryl at 843-737-6260 or [email protected]
Greater Charleston Real Estate Report
As noted below, although it has been a Dat 4 years we are now poised for strong growth. We haveexperienced our strongest Crst half in Cve years and aBordability conditions are at their absolutestrongest point. House starts still remain well below the 50 year average (HUD) however Charlestonhousing permits have shown growth.
w w w . T i d e l i n e R e a l t y . c o mT
Median Price .
Inventory ... Down 26%• Months Supply ... 7.1
(
2012 Football Schedule
Clemson 2012 Football ScheduleSept. 1 - Auburn
Sept. 8 - BALL STATE*Sept. 15 - FURMAN*Sept. 22 - Florida State
Sept. 29 - Boston CollegeOct. 6 - GEORGIA TECH*Oct. 13 - Open Date
Oct. 20 - VIRGINIA TECH*Oct. 25 - Wake ForestNov. 3 - Duke
Nov. 10 - MARYLANDNov. 17 - NC STATE*
Nov. 24 - SOUTH CAROLINA** All Caps Indicates Home Game
South Carolina 2012 Football ScheduleSept. 8 - EAST CAROLINA*
Sept. 15 - UAB*Sept. 22 - MISSOURI*Sept. 29 - KentuckyOct. 6 - GEORGIA*
Oct. 13 - Louisianna StateOct. 20 - Florida
Oct. 27 - TENNESSEE*Nov. 10 - ARKANSAS*Nov. 17 - WOFFORD*Nov. 24 - Clemson
* All Caps Indicates Home Game
Citadel 2012 Football ScheduleSept. 1 - CHAR SOUTHERN*Sept. 8 - GA SOUTHERN*
Sept. 15 - Appalachian StateSept. 22 - NC State
Sept. 29 - CHATTANOOGA*Oct. 6 - Samford
Oct. 13 - WESTERN CAROLINA*Oct. 27 - Wo1ordNov. 3 - ELON*
Nov. 10 - VA MilitaryNov. 17 - Furman
* All Caps Indicates Home Game
Panthers 2012 Football Schedule (All times are EDT)
Preseason
08/11 - 7:00 PM - Home - Houston Texans
08/17 - 8:00 PM - Home Miami Dolphins
08/26 - 8:00 PM - Away New York Jets
08/30 - 7:30 PM - Away Pittsburgh Steelers
Regular Season
09/09 - 4:25 PM - Away - Tampa bay Buccaneers
09/16 - 1:00 PM - Home - New Orleans Saints
09/20 = 8:20 PM - Home - New York Giants
09/30 - 1:00 PM - Away - Atlanta Falcons
10/07 - 4:05 PM - Home - Seattle Seahawks
10/21 - 1:00 PM - Home - Dallas Cowboys
10/28 - 1:00 PM - Away - Chicago Bears
11/04 - 1:00 PM - Away - Washington Redskins
11/11 - 1:00 PM - Home - Denver Broncos
11/18 - 1:00 PM Home - Tampa Bay Buccaneers
11/26 - 8:30 PM - Away - Philadelphia Eagles
12/02 - 1:00 PM - Away - Kansas City Chiefs
12/09 - 1:00 PM - Home - Atlanta Falcons
12/16 - 4:05 PM - Away - San Diego Chargers
12/23 - 1:00 PM - Home - Oakland Raiders
12/30 - 1:00 PM - Away - New Orleans Saints
843.737.6260 www.TidelineRealty.com
Kids Eat FREE!SUNDAYThe Kickin ChickenLenny’s Sub Shop17 North
MONDAYPawley’s Front PorchTJ’s Beef and BrewAtlanta Bread CompanyChucktown TavernThe Kickin ChickenKing Street GrilleNoisy OysterFazoli RestaurantsYour Pie17 NorthFive Loaves Cafe
TUESDAYApplebee’sChucktown TavernFiery Ron’s Home Team BBQThe Kickin ChickenMoe’s Southwest GrillNoisy OysterYo BurritoDenny’s Restaurant17 North
WEDNESDAYJason’s DeliThe Kickin ChickenSweetwater Cafe17 NorthBrixxMelvin’s BBQ
The Kickin ChickenChucktown Tavern
THURSDAYThe Kickin ChickenMichelangelo’s KitchenSweetwater Cafe17 North
FRIDAYThe Kickin ChickenSweetwater Cafe
SATURDAYThe Kickin ChickenSweetwater CafeLenny’s Sub Shop
Pawley's Front Porch, Mt. P: 1 adult entrée/2 kids free or 2 adult entrees/ 3 kids free
TJ's Beef and Brew, Daniel Island: 1 adult entrée /2 kids free
Applebee's, Stewarts Englis Blvd. & Rittenberg Blvd: 1 adult entrée/ 2 kids free
Atlanta Bread Company, Mt. Pt: 5 - 9pm - 1 adult entree/1 kid free
Chucktown Tavern, Chas: 1 adult /1 kid free
Home Team BBQ, Chas & SI: 1 adult entrée /1 kid under 12 free
Jason's Deli, Chas: 5 - 8 pm - 1 adult entree/2 kids free
The Kickin Chicken, Dodds Blvd, Folly Rd., Rittenberg Blvd and W. Ashley: After 4
pm - kid's meals only $1.99 w/adult entree
King Street Grille - Chas, Mt. P and N. Chas: All day, kids under ten eat free w/ adult entrée
Michelangelo's Kitchen - Chas: 4-9pm - 1 adult entree/2 kids under 12 free
Moe's Southwest Grill - Mt. P., Chas., N. Chas., W. Ashley: 1 adult entrée/2 kids free
Noisy Oyster, Chas and N. Chas.: 4 - 7, 1 adult entree/2 kids free
Sweetwater Café, James Island location only: 1 adult entrée/2 kids free
Yo Burrito, Chas: 5 - 7, 1 adult entree/1 kid under 12 free
Denny''s, 2 Chas locations: All day, 1 adult entree/1 free kid
Fazoli, W. Ashley: 5 - 8pm - 1 adult entree/2 kids free
Lenny's Sub Shop, Chas: 1 adult combo meal/1 kid free
Your Pie, W. Ashley: 1 adult pizza/1 free kid's (under 12) pizza
Five Loaves Café, Mt. P location only: kids 12 and under eat free from the kid's menu
17 North, Mt. P: 2 adult entrees/ up to 3 kids under 12 free.
Brixx, Mt. P: 4- 8pm - 1 adult entrée/2 kids free under 12
Melvins BBQ, Chas and Mt. P: 4-8 - 1 adult entree/2 kids free under 10
Greater Charleston Real Estate Report
6
“Independently, both Steve and Sheryl bring great knowledge to their Clients, but it’s together, whereClients get the absolute highest level of market edge, expertise, and marketing acumen that creates toplevel service and success.” Mike and Susan Toohey
THETEAM - Let’s face it – not everyone has loved their past Realtor® experiences. Youshould. Be enthusiastic about your journey!
Steve, is both a Realtor® and experienced SC appraiser. Having an appraiser in your corner givesyou first hand knowledge of market prices, a true edge on current market conditions, knowledgeof hot selling spots, and an extensive knowledge of our areas. Sheryl brings 20 years of real estateexperience, an infallible reputation, and genuine marketing expertise. As an extension to herbusiness, Sheryl launched a real estate marketing company that specializes in cross channel realestate marketing and the listings of Tideline Realty.
You’re in charge of your real estate experience. Choose expertise and knowledge but also choseease, approachability, and enthusiasm! We hope for the opportunity to be a part of your realestate experience.
CCaallll oorr eemmaaiill uuss ttoo sscchheedduullee yyoouurr ccoommpplliimmeennttaarryy hhoommee mmaarrkkeett aannaallyyssiiss aatt 884433..773377..66226600 oorr IInnffoo@@TTiiddeelliinneeRReeaallttyy..ccoomm
STEVE DEMARCO – Having lived in Charleston for over 35 years, I have experienced thegrowth of Mt. Pleasant, the rebuild of the Greater Charleston area since Hurricane Hugo, and theevolution of Daniel Island, where my family and I currently reside. After attending Ole Miss, I pursuedmy passion of the restaurant industry, which included being the proprietor of The Market Street Mill,Jimmy Dengate’s, and The Griffon Pub where I met my wife of 12 years – Melissa Runey-DeMarco.
I pursued my Real Estate career to allow more time for our family and our 4 active daughters, Alexis,Isabella, Olivia, and Sophia. Our family spends many hours on the soccer fields, tennis courts, gamenights, and doing homework! Having both of our extended families nearby, we spend many weekendstogether at the pool, beach, and at Edisto crabbing and fishing.
Both Melissa and I are grateful to be able to raise our children in the Lowcountry, with the “Lowcountrylifestyle,” and are looking forward to the continued growth of the Charleston area!
CCaallll oorr eemmaaiill mmee aatt 884433..444422..11552200 oorr SStteevvee@@TTiiddeelliinneeRReeaallttyy..ccoomm
SHERYL SCHOLER – Two decades have passed since first writing about my career in realestate. I’ve seen the days of 11% interest rates, the boom of multiple offers in one hour time, ourrecent recession, and now the healthy rebound embracing Charleston. Every step of the way, I haveloved and encompassed my career in real estate and the marketing that sets it apart. My career hasincluded working in new home construction, the resale market, and as an extension, a marketingcompany that specializes in Real Estate. That company today still exists (with the help of a great team)and now, is excited to market the listings of Tideline Realty. Our family (including hubby Robert, ourC of C student Jordan, son Will and our youngest daughter Molly “Blondie”) enjoyed many years livingin Bucks County, PA traveling to horse show competitions and boating at the “Jersey Shore;” however,the minute our eldest graduated high school (the very next day to be exact) the moving van movedus to our very favorite place – Charleston, SC! We now enjoy warmer seasons, long beach days, timeat Seacoast Church, and much porch time with friends! We consider ourselves so blessed to be a partof Charleston.
CCaallll oorr eemmaaiill mmee aatt 884433..773377..66226600 oorr SShheerryyll@@TTiiddeelliinneeRReeaallttyy..ccoomm
Tideline Realty Group Operates within Beresford Realty, LLC
WWW.TIDELINEREALTY.COM