Here’s a story that you don’t see everyday and the headline might as well read, ‘Business owner shuts down to help out competition.’
It seems as if Thomas Currence, the owner of Currence Family Restaurant in Chester SC for over 15 years is taking the belief that ‘it’s better to give than to recieve’ to heart. Facing 21% unemployment rate in Chester SC, Currence has decided to close his restaurant for all but 3 days of the week in order to encourage his patrons to visit other restaurants.
According to the story in the Rock Hill SC Herald,
“There’s a lot of weak in this city right now,” Currence said, noting how plant closures and the resulting unemployment have put a tangible weight on the collective shoulders of Chester County that’s drained the community of its spirit.
If being closed three extra days during the week will help others get more business, even just a little — and therefore help turn around the economic misfortune — Currence believes it will be worth it.
Personally, I think it’s fantastic that someone like Thomas is putting his beliefs into action. There’s a lot of talk these days about helping those that really need the help and it’s very rare to see someone actually take action like what he’s doing.
My hats off to Thomas and I’d say if you’re in Chester, definitely go visit him and help him out on the 3 days a week he is open!
Filed under Chester SC, Life In the Carolinas, Out and About in the Carolinas by 
Yesterday, Rock Hill SC city leaders made a huge step towards making the Riverwalk development a reality.
“City leaders approved a public financing package for Riverwalk, the 1,000-acre project that could bring new life to the old Celanese textile site at Cherry Road and Interstate 77. Plans call for an industrial park, retail shops and hundreds of home sites — which developers say could represent a $600 million redevelopment.”
While the entire project isn’t scheduled to be completed until 2028, construction could begin as early as next summer on some key components of the project. One interesting piece of the project will be the east coast’s only velodrome, which is an oval bicycle race track. It’s one of the projects slated to begin next summer and could be completed by as early as 2012.
Overall, the project is expected to attract around 4,000 new jobs which is certainly good news for both Rock Hill SC and Fort Mill SC. With the real estate activity already picking up, knowing this project is coming along with all of the associated benefits I can only expect it will continue to help the housing market.
Filed under Carolina Business News, Carolina Real Estate, Fort Mill SC, Fun Stuff, Rock Hill SC by
As the summer begins to wind down, kids are starting to get into ‘Back to School’ mode. Well, at least they should be.
Anyway, for all you parents out there, here’s a copy of the Rock Hill SC School District’s 2009-2010 calendar. Just click on the image below.
Filed under Life In the Carolinas, Rock Hill SC, School Info by
A report from today’s Charlotte Observer shows that jobs cuts in Mecklenburg County appear to be slowing down, which is definitely some good news.
“The number of initial unemployment-insurance claims fell last month, and the year-to-year increase was just 5 percent – compared with a 76 percent year-to-year jump in June, according to N.C. Employment Security Commission figures released Monday.”
While this is certainly good news to use locally in the Charlotte NC area, it mirrors information from across the country that the recession does appear to be slowing down. While there were still some 274,000 jobs lost in July, the unemployment percentage actually fell by .1% from June, which is the first time that number fell since April of 2008.
Obviously, this informatio boads well for the Rock Hill SC and Fort Mill SC areas as well as people continue to look to York County for an alternative to Charlotte NC and seeing the number of job losses slow down certainly helps our real estate market.
And in spite of all the bad news nationally, we’ve always enjoyed a relatively strong real estate market here in the Rock Hill SC – Fort Mill SC area and I don’t expect that to change any time soon!
Filed under Carolina Business News, Charlotte NC, Fort Mill SC, Life In the Carolinas, News Reports, Rock Hill SC by
Even as the turbulent real estate market flips and flops, trying to make up its mind which direction it wants to go, there are still plenty of people either putting their homes up for sale or are biting the bullet and purchasing their new dream home.
If you’re on the fence about whether or not you should go ahead and purchase your new dream home in spite of the current economic conditions, here are 3 reasons why it might just be the perfect time to buy a home:
- You want to move up to a more expensive home. We’re most definitely in a buyer’s market right now here in the Rock Hill SC and Fort Mill SC area, so if you’ve had your eye on a more expensive home, now is definitely the time to act. I wouldn’t expect home prices to come up any time soon, but I also wouldn’t expect them to drop much more than where they’re at. That being said, you might not be able to get that dream home of yours at such a steal-of-a-price ever again!
- It’s a buyer’s market, plain and simple. If you’re not currently tied to a property or don’t have to worry about unloading your current home, then you’re definitely in the driver’s seat. Many home sellers are concerned about even getting a ‘fair’ offer for their homes, which plays to your advantage. This kind of market allows you to dictate more of the terms of the sale and in many cases, the seller is much more willing to listen.
- Interest rates are still relatively low. There’s been a lot made about how tough the loan market is these days, but in reality, if you have decent credit, can put down a solid down payment, and are serious about buying a home there’s absolutely NO REASON why you shouldn’t expect to get a good loan. In fact, rates are still extremely low when compared to historical averages and when you can lock in a good rate, you’ll be able to enjoy it for the life of the loan, no matter what rates do.
So, if you’ve considered making the leap and purchasing a new house in the Rock Hill SC or Fort Mill SC area, now is definitely a great time to act. We’ve been fortunate in that the real estate market has stayed relatively strong when compared to other areas of the country and with the advantages you hold as a home buyer, the time couldn’t be any better to take action and buy your dream home!
Filed under Buy Your Dream House, Carolina Real Estate, Fort Mill SC, Home Buyers, Interest Rates, Market Trends, Mortgage Rates, Rock Hill SC by
