Abberly West Ashley Apartment Homes

3100 Ashley Town Center Drive, Charleston, SC 29414
Call: 844-502-5938 Email UsAbberlyWestAshley.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: Closed

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Apartments Charleston SC Blog

Charleston is the Most Affordable City in South Carolina

Charleston is the Most Affordable City in South Carolina

Joseph Coupal - Wednesday, April 26, 2017

Abberly at West Ashley, Charleston, SCIf majestic palmettos and access to some of the best beaches in the U.S. aren’t enough motivation for you to move, perhaps the low cost of living in South Carolina will convince you.

But the cities on this list aren’t necessarily just the cheapest places in SC. Instead, we looked at the average cost of living, as well as key components such as transportation, housing, dining options, and utilities. From this, we looked for cities that offered a nice balance between affordability and quality of life.

1. Charleston

With an expansive dining, art and shopping scene, as well as history galore, are you surprised to find that South Carolina’s second largest city is an affordable place to call home?

Founded in 1670, Charleston is the oldest city in the state, and as such, historic homes, churches and other structures dot nearly every corner of it. Another piece of trivia: The first shots of the Civil War were fired at Fort Sumter in Charleston Harbor.

Considered one of the top cities for theater, Charleston is the site of the popular Spoleto Festival USA, a performing arts event held every spring.

For more information on apartments in Charleston, SC, contact Abberly at West Ashley.

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Livability.com


Best States to Find a Job – Charleston, SC

Best States to Find a Job – Charleston, SC

Joseph Coupal - Thursday, April 20, 2017

Abberly at West Ashley, Charleston, SCSome states are adding jobs much faster than others. CNBC knows, because we've been measuring job creation in all 50 states for 10 years in our annual America's Top States for Business study.

Job growth is a key metric in our Economy category, measuring employment increases over the previous 12 months based on seasonally adjusted nonfarm payroll numbers from the United States Bureau of Labor Statistics. That means we've been measuring job growth since June of 2006. Past performance is no guarantee of future results, but these 10 states have been the best places to find a job over the last 10 years.

South Carolina didn't experience the overbuilding that many of its neighbors did during the housing boom, But the overall economic crisis still hit hard-and it hit the state earlier than most. That has made for easier comparisons as the recovery rumbled along, bit SC has also benefited from a surging health-care sector that continues to add jobs.

#10 South Carolina

2006-2016 Job Growth 8.28%
Net jobs added: 156.200
Key industries: Healthcare, manufacturing
10-year Tops States Economy Rank: No. 40

For more information on apartments in Charleston, SC contact Abberly at West Ashley.

#HowYouLive
CNBC


There are Many Financial Benefits of Renting – Charleston, SC

There are Many Financial Benefits of Renting – Charleston, SC

Joseph Coupal - Thursday, April 13, 2017

Abberly at West Ashley, Charleston, SCRenting rather than owning a home may not be as expensive as many people think.

The prospect of no longer having to pay rent, known as imputed rent, is often cited as a major incentive to owning a home.

However, a financial researcher has argued that many buyers overlook costs included in their rent, such as building insurance and property maintenance. He believes a failure to properly account for these outgoings can cause householders to overestimate the financial benefits of owning versus renting.

Individual circumstances and market conditions play a big part in determining whether it is smarter to rent or buy, but this research should help households make an informed choice.

The new research provides a step-by-step explanation of how households can objectively compare the costs of renting versus buying a home, while taking their own personal circumstances and macro-economic conditions into account.

In reviewing transaction costs, imputed rental yields, opportunity costs, inflation and the length of time owning a home, the study also shows that – during periods of deflation or zero inflation – people who rent are financially better-off than those who own their home.

Even when economic conditions are favorable, households may need to own their home for between five and 10 years before returns from the rent they are no longer paying are sufficient to compensate for the high transaction costs of buying.

It is often thought that buying a house makes more financial sense in the long run: however, renting is frequently more worthwhile than buying for financially-constrained households, as well as households likely to relocate within 10 years.

As well as a reduced ability to recover transaction costs, households relocating within a few years face a higher risk that medium-term prices will move against them, thus reducing or eliminating their equity, while financially-constrained households face much higher mortgage costs.

The research charts how deflation, or rising interest rates without a corresponding increase in wages, has the potential to impact negatively on homeowners. For more information on apartments in Charleston, SC, contact Abberly at West Ashley.

#HowYouLive

knowridge.com



Abberly West Ashley Apartment Homes

3100 Ashley Town Center Drive, Charleston, SC 29414

Call or Text: 844-502-5938
Email UsAbberlyWestAshley.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: Closed

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