In response to the federal tax credit for first time home buyers, The Cunningham Team has partnered with several real estate professionals and established The Upstate Million Dollar Challenge. Our goal is to help 125 first time buyers (and those who have not owned a house in the last 3 years) purchase a home and receive the $8,000 credit, which will put $1 million back into our local economy. We are conducting a series of short buyer seminars which will give attendees a good idea how to purchase a home and then receive the tax credit quickly. To qualify for the credit, you must close by November 30, 2009, so time is of the essence... you will need to be under contract by mid to late October. Get more info and register by clicking here, and please mention that you heard about the seminar from The Cunningham Team.
Upcoming Construction on I-385
The I-385 corridor that leads to I-26, connecting Greenville with Columbia and the coastal regions, will receive a series of upgrades starting at the intersection of I-26 and working north to I-85. The flyover bridge on northbound I-26 will be replaced and you'll have to detour north, starting in January of 2010. The road will also be widened and improved for about 15 miles northwest of the flyover bridge that will cause several other bridges to be elevated. This work should be completed by August of 2010 and normal traffic flow should resume. The second phase of I-385 improvement will be the widening of a 5-mile section between I-85 and southbound to the Southern Connector toll road (I-185). The interchange with I-85 is also slated for reconstruction, a huge $240 million priority project that will add lanes and allow for more traffic flow. The I-385 widening project should take place between 2010 and 2012 with the interchange project starting in 2013. Commuters, prepare for construction!
GE Aviation Expansion
GE Aviation announced that it will expand its production of turbine engine blades by relocating from its current shared space at local GE Energy, to a larger building at the nearby Matrix Industrial Park. By adding the capability to apply specialized coatings, GE expects to cut production time and increase capacity of high pressure turbine (HTP) blades that are used in commercial aircraft engines. By 2013, they plan to add 100 jobs to the current 140 employees that now work at the Garlington facility.
Pro Cycling Returns to Greenville
Greenville resident George Hincapie won the USA Pro Cycling Championships road race this year for the second time and despite a scarcity of fundraising for the event, it will be back in Greenville for a fifth consecutive year in 2010. Although cycling is niche market, there is a strong cycling community in the Greenville area that has created a buzz over the race. The number of competitors was down this year, but the attendance of spectators was not. The close finish with George ahead delighted the crowd and the announcement of location for next year's race was well received.
If you like fine cuisine, cooking demonstrations, wine tastings, and good music, you might want to check out Euphoria, which is back in downtown Greenville for three days, September 18-20. This is the popular event's fourth year and should be a blast, come rain or shine. For a full schedule, click here.
There's a chance of thunderstorms this week with highs in the low 80s. It should clear up for the weekend though. Ah, the dog days of summer are history and we’re in for some fine fall weather.
Please visit our websites at Greenville SC Real Estate and our second site at Greenville SC Homes
For information specializing in Greer check out our Greer SC Real Estate website.