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Charleston Business

#CharlestonAgenda: Kiawah River Selects Builders, Home Prices Drop, 50 Most Influential, The Masculinity of Meat

Feb 12, 2019 10:26AM ● By Chris Haire
The median home sales price dropped in the Charleston, Greenville, and Spartanburg metros from Q2 2018-Q3 2018, according to the February Housing Reports from the Federal Reserve Bank in Richmond. The Columbia area saw an increase of 1.57 percent. 

According the National Association of Realtors, the average home price in Columbia was $174,000 (+5.57% YoY), $286,000 in Charleston (+7.19%, YoY), $216,000 in Greenville (+8.32% YoY), and $174,000 in Spartanburg (+10.62% YoY).

Across the state, the number of new private housing permits is down -0.38% YoY, although there was a month-to-month increase from September to October of 9.01%. 

In Greenville the number of new permits dropped -21.44% in October, while Charleston (+15.4%), Columbia (+13.68), and Spartanburg (+48,2%) saw increases. Year over year, all four metros have seen growth: Greenville, +25.07%; Charleston, +0.37%; Columbia, 1.01%; and Spartanburg, 12.17%.

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50 Most Influential
Ernest G. AndradeCharleston Digital Corridor  
Founder & Director 

Ernest Andrade is the founder and director of the Charleston Digital Corridor, a public-private business development partnership that has successfully diversified Charleston’s economy by nurturing, promoting, and attracting high-wage technology companies.

His accomplishments include positioning Charleston as a premier destination for tech companies by founding and growing the Digital Corridor to over 450 companies since 2001, launching a year-round CODEcamp initiative, developing three tech-focused business incubators in Charleston, a fourth in Beaufort, and a fifth expected to launch in 2020. Andrade is also involved with developing community engagement software products for use by business and economic development agencies. 

During his tenure as the director of business development and annexation coordinator for the City of Charleston, Andrade was responsible for growing the city of Charleston from 38 to over 100 square miles, increasing Charleston's tax base by over $2.5 billion and 30,000 residents, and executing a strategic plan to recruit competitive economic development projects with a capital investment of over $500 million.

Ernest was born in Kuwait and lived in India prior to emigrating to the United States in 1981. He became a naturalized citizen in 1996. He holds a bachelor’s degree in business administration from the College of Charleston and a Master of Public Administration degree from the University of South Carolina and the College of Charleston.