ESTATE


Carter Real Estate Center Releases New H…
2009/04/13, 7:20 pm
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Carter Real Estate Center Releases New Home Value Index

The Carter Real Estate Center at the College of Charleston is hosting a reception Tuesday called “Twenty Years of Charleston Home Values: Trends and Forecast.”

The event starts at 6 p.m. in the Wachovia Auditorium, located in the Beatty Center for the School of Business and Economics at 5 Liberty St. The Post and Courier is sponsoring the welcome reception.

At the event, the center’s director, Tim Allen, will explain the new home value index, a statistically rigorous measure of home value trends in the tri-county region. The index will be updated on the 10th of each month and will serve as a supplement to the monthly sales and median price figures released by the Charleston Trident Multiple Listing Service.

The index was developed by Allen in cooperation with the Charleston Trident Association of Realtors.

http://charlestonbusiness.com/news/27162-carter-real-estate-center-releases-new-home-value-index

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Twitpic creator || entrepreneur Noah Everett moving to Charleston, Sc
2009/04/07, 6:22 pm
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Noah Everett launched TwitPic, an application that allows users to upload photos to their Twitter accounts, in February of 2008 as a way for him and “maybe a few friends” to share photos, he said.

The application is now the No. 1 Twitter application and is adding 20,000 new users a day, he said. Everett expects the number of users to hit 1 million this month.
Awkward Introduction from Noah Everett on Vimeo

One of the first images from the US Airways plane crash into the Hudson River in February was released by one of his users, who uploaded the photo from his cell phone to TwitPic.

The TwitPic application started out self-funded, about $100 a month for the first four or five months. He absorbed that cost from his full-time job as a Web developer in Tulsa, Okla.

Venture capital offers started coming in, but Everett declined. He started putting ads on the site in August, and, by December, the site had exploded. He had to build a new platform for the program as volume grew from a few pictures a day to tens of thousands.

Ad revenue growth was so steep, he quit his job last month to work full time on the site. And now, he is looking to hire two people — one to help manage the hardware and another to work on development.

With no strong ties to Oklahoma, he started to revisit the idea of moving to Charleston, which he first hatched while watching The Patriot in November.

Noah Everett“It started out as an imaginary idea, then I started researching it, looking at cost of living. Then it just turned into reality,” Everett said.

He brought his family on vacation here and says he liked the area a lot. He found an apartment on Daniel Island the first day he started looking and plans to move in 12 days.

Although he’s gotten two offers to be bought out — he said the last one was in the $3 million to $5 million range —he wants to grow the site himself for a while before selling it.

“The technology is available now where you are able to create these apps much easier. There’s a much lower barrier than in the dot-com boom,” he said. “It only takes one idea — something that fills a need.”

http://charlestonbusiness.com/news/27119-twitpic-creator-entrepreneur-plans-move-to-charleston