When interest rates were cut after the Fed’s July meeting, the press was quick to point out that not every homeowner would benefit from the move. As Bankrate.com noted in its lead article How
Two States - One Team
SC lawmakers recently passed a bill to provide $160 million in incentives to build a new headquarters for the Carolina Panthers in Rock Hill. This 20-acre, $40 million dollar building will bring with it a new interchange on I-77 as well as a phased development plan for new hotels, shops, and restaurants in the area which will prove to be a huge boom for the region. State economist estimated a total of $3.8 billion of economic benefits and 5,700 jobs related to the headquarters once they hit the ground running in 2022.
I think it is safe to say the pound of the panther is going to force South Carolina’s market to take a mighty turn.
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