Economics

July 24, 2015

China Stock Market investors may look to U.S. Real Estate Investments

China Stock Market investors may look to U.S. Real Estate Investments. As many Chinese investors have lost money in the China stock market recently and many may now look to U.S Real Estate market as investments as a place to park Investment funds. Greenville, S.C. with its ...

Posted in Economics
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July 13, 2015

Rite Aid 900,000 Square Feet Distribution Corp. Center

Rite Aid will use the new 900,000 square foot space to help supply 1,000 Rite Aid stores.

 

Johnson Development has secured 41 Million dollar construction loan with SunTrust Bank.

 

The new Ride Aid Distribution Center is expected to employ 600 new jobs.

Posted in Economics
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Feb. 18, 2014

New City Real Estate and Nikki Haley in Greenville SC

Myself and Governor Nikki Haley in front of The Board Room at The Poinsett Club - New City was a Sponsor for tonight's meeting thanks to our good friend Josh Kimbrell who host the " Common Sense " radio show every afternoon. 

The announcement was made tonight as well that the ...

Posted in Economics
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April 4, 2013

TaylorMade Golf Co. is moving to Pickens county.

TaylorMade Golf Co. is moving to Pickens county into 120,000 square foot space off Hwy 123 in the Easley area they hope to finish construction in January of 2014. The company will be closing the old plant in the Westminster area but plans to retain these workers. This will ...

Posted in Economics
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March 28, 2013

Greenville the Anthropologie women's apparel store opening tomorrow

Located in the One Building on Main Street in Downtown Greenville the Anthropologie women's apparel store will be opening its doors on Friday March 29th.  This business should add more of variety to the Main Street and maybe one day soon Main Street will be more like King Street in Charleston and ...

Posted in Economics
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March 27, 2013

New City Real Estate to be on the Entrepreneur Hour Radio Show tomorrow!


Shawn Thomas and New City Real Estate have been asked to be featured on the Entrepreneur Hour with our good friend Josh Kimbrell tomorrow. Please be sure to tune in to the show I'm sure it will be an interesting conversation between a commercial banker and a real estate broker and developer ...

Posted in Economics
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March 27, 2013

Greenville Home sales are on the rise

Greenville home sales continue to be on the rise and inventory has decreased by about half on existing homes over the last year so slowly but surely it is becoming a sellers market again after many years. New City Real Estate is representing many home buyers and we have had four closings over the ...

Posted in Economics
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Dec. 12, 2012

BMW CONTINUES TO DELIVER

 

BMW CONTINUES TO DELIVER

BMW reported higher sales in November which gave way to a 38.8 percent increase.  The large German auto maker sold 26,271 vehicles in 2011 and a grand total of 36,461 just last month.
The majority of major car companies boasted increased gains ...
Posted in Economics
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Oct. 31, 2012

The sale of new homes in the U.S. is at its highest level in two and a half years.

New Home Sales Down, Prices Rising

 

            Real Estate, like all other forms of business, is affected by supply and demand.  When there is abundance, prices are lower to clear the inventory.  Scarcity brings the opposite effect.  For example, we are all familiar with gas prices ...

Posted in Economics
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Sept. 24, 2012

Greenville Real Estate News

Real estate figures for August show a continual growth in the housing market. Existing home sales in the Greenville metro market rose 10 percent in August from year-ago numbers and are up 12.7 percent for the year, according to Greater Greenville MLS statistics.  Across the nation, sales in ...

Posted in Economics
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