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Old 05-20-2010, 09:12 PM
 
Location: Augusta, GA ''The fastest rising city in the southeast''
7,356 posts, read 12,989,238 times
Reputation: 837

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Thumbs up to Columbia and Charleston!

Is the Southeast’s Residential Rebound for Real? | Southeast Construction | McGraw-Hill Construction
The dollar volume of new Southeast residential construction contracts is starting off 2010 at a brisker pace than last year, according to new information from McGraw-Hill Construction, publisher of Southeast Construction.

1. Tampa
2. Atlanta
3. Raleigh
4. Orlando
5. Charlotte
6. Miami
7. Jacksonville
8. Charleston
9. Augusta
10. Columbia
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Old 05-20-2010, 11:31 PM
 
Location: metro ATL
8,190 posts, read 13,083,204 times
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As the article stated, Charleston's increase is probably related to the Boeing announcement. Although the raw gain wasn't that large, Columbia registered the largest yearly gain by percentage of all the cities on the list at 112%. I wonder how the new numbers compare to the pre-recession figures.
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Old 05-21-2010, 05:56 AM
 
Location: Charleston, South Carolina
10,398 posts, read 15,008,009 times
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Charleston also gets a high number of second homes.
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Old 05-21-2010, 07:36 AM
 
Location: Augusta, GA ''The fastest rising city in the southeast''
7,356 posts, read 12,989,238 times
Reputation: 837
I wonder what's driving the 112% in Columbia????
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Old 05-21-2010, 12:05 PM
 
Location: Greenville, S.C., USA
5,473 posts, read 14,169,350 times
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Quote:
Originally Posted by nortonguy View Post
I wonder what's driving the 112% in Columbia????
It seems fairly evident, in my opinion. The data was gathered from two months in 2009 and the same two months in 2010. Columbia had a very low number (comparatively) of new homes during those two months in 2009, and a significantly higher number of new homes during the same two months in 2010. Therefore, the increase percentage equates to a higher number than the other metro areas.
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