To kick off the Fourth of July, Reverie on the Ashley and new Reverie homeowner, Matt Byrd, hosted a party on the evening of July 3^rd.  Residents and guests gathered at the amenity center and pool area and enjoyed libations, catering by Hometeam BBQ, and the cool tunes of Island Trio.  Property tours of the luxury condos in Charleston were also given upon request.  “Reverie is really the perfect backdrop for social gatherings and we plan to have another event soon,” said Chuck Dennis, Director of Sales.

The $6,500 tax credit for current home owners (people who own a home now) is expiring soon, April 30, 2010.  If you are still considering Reverie on the Ashley for a residence, and want to learn more about the tax credit, click here for a resourceful site, which may answer most of your questions.

The economic slowdown in recent months has certainly been discouraging, and has impacted the housing market in a very negative way. However, new trends are showing improvement for 2010.

In the US, as a whole, there has been a surge in sales activity, as well as a decrease in the average time a home is on the market. The unemployment rate is also improving overall, despite its small rises and falls. These traits and others are creating economic optimism throughout the country.

That optimistic outlook is especially true here in Charleston. There is a strong employment base here, in both military and private sectors. The Medical University of South Carolina anchors Charleston’s status as the southern medical hub, while the world’s leading aerospace company, Boeing, recently announced they will be opening a new plant just outside of Charleston. This is certain to bring many jobs to the area and a definite boost to the economy.

The housing market shows similar signs of improvement. It has demonstrated several months of strong sales, and prices have been growing at a sustainable rate. There has also been decreasing inventory and market increases in Charleston homes. The current wide selection and competitive interest rates make it the perfect time to buy a home in Charleston.

The Charleston area has more to offer than just an improving economy. People are drawn to Charleston because it truly has something for everyone. Not only does it capture the charm and history of its southern culture, it also offers the convenience of a downtown environment, with shopping and dining experiences for every taste. The perfectly mild climate in this part of the country is another benefit, making it ideal for fun outdoor activities, like golfing, kayaking, or relaxing at the beach. It is no wonder Charleston is annually voted one of the top five most desired destinations in America.

Reverie on the Ashley takes advantage of all that the Charleston area has to offer, and does so in a way that is luxurious and elegant. Our location is private and personal, but offers the convenience of being close to downtown.

All of this, paired with the knowledge of a bright economic future, makes Reverie on the Ashley the clear choice for choosing a new home. Now is the perfect time, and Charleston is the perfect place.

Our blog will be a valuable tool to anyone looking to be in the loop. Our entries will vary from city-wide social events to the most recent activity in the Charleston real estate market. And for those of you interested in investing in a luxury condominium at Charleston’s Reverie on the Ashley, our blog is a great way to learn about special offers and incentives to take advantage of.

Check back often to see what Charleston hot topic we blog about next!