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Boeing is already here, in one form or another. But it'll be quite awhile until their new facility is built, operational, staffed, cranking out product and causing a trickle down economic ripple enough to affect the real estate market. The real question, is what are mortgage rates going to look like after March '10, and how will prices compensate.
Don't worry, it is always good time to buy. LOL. If the interest rate spike up, then the sell price have to go down. As a potential buy, I will prefer higher interest but lower price.
Hi Charles, I'm not a native ~ having moved to the area in the 1970's from the Columbus, Ohio area, but I tell people I'm a Southerner by choice. My husband has fond memories of growing up in Summerville, when the population was 6000.
The Tri-County has changed greatly since WWII but especially in the past 20-25 years. Most of the changes have been good. I believe the blending of the old and new has made Charleston a better place to call home.
I think you'll find the Lowcountry folks to be hard working, friendly and good neighbors. People said that the closing of the main Navy Base was going to kill off Charleston - wrong!
The little storm called Hugo wrecked some havoc here but the way friends and strangers pulled together demonstrated to me the quality and fiber of our area.
We always welcome good paying jobs and the company's that bring them. Growth always brings on new challenges. What is important is how we meet the challenges.
As Scarlett said, ". . . tomorrow is another day."
Charleston is ready. Like it was stated in an earlier post. Anyone who has a struggling business, looking for work, or trouble paying the bills. Hang in there! Do not throw in the towel. There will be many big names and investors moving into Charleston to take advantage of this emerging market. Everyone will benefit. even if you work at Taco Bell or similar entry level jobs things will get better for everyone. It also true that many of the jobs will be filled by qualified applicants from around the country. The assembly jobs will be filled mostly by candidates from the state training programs. The next class will begin in June. I have several friends in the current class.
Also don't forget the trickle down affect...if someone from Charleston gets a job at boeing, their previous job is then open. Charleston has several large employers of people who would possibly qualify for jobs at Boeing. For example: Bosch, Spa War, Force Protection, many other military suppliers, Auto Workers such as the Cummins suppliers on leeds ave. Jobs will open! The business to be in is Recruiting, Placement and Staffing.
I am glad to see Charleston in the midst of prosperity even in this economy.
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Boeing Coming to Charleston
