The Wreck Restaurant

November 15, 2008

Don’t be put off by the rustic exterior of this former ice house. The Wreck is THE place to go for fresh seafood in Charleston. Read more

Rivertowne On The Wando

November 11, 2008

Rivertowne on the Wando is a waterfront community located in the town of Mt. Pleasant off of highway 41. It is adjacent to Rivertowne Country Club, but is separate and distinct with two community docks on the Wando River, swimming pool, tennis courts and play park. Read more

Stocks abandon rally

November 10, 2008

Wall Street struggles after Morning advance on AIG’s new Bailout terms. GM and Ford continue to slump.

Stocks cut gains Monday, after an early rally sparked by the government’s revamp of its AIG bailout and news that China has initiated a $586 billion stimulus plan.

The Dow Jones industrial average (INDU) lost a few points 2-1/2 hours into the session. The Standard & Poor’s 500 (SPX) index lost 0.7% and the Nasdaq composite (COMP) lost 0.9%. Read more

AIG: Uncle Sam’s do-over

November 10, 2008

Fed restructures loan and creates 2 programs to rescue insurance giant from bad bets. Treasury buys $40 billion in shares. AIG quarterly loss: $25 billion.

Troubled insurer American International Group got a reworked $152.5 billion deal from the federal government Monday, as the Federal Reserve and Treasury Department made significant changes to the terms of the company’s original bailout.

The Fed announced that it will reduce AIG’s original $85 billion bridge loan to $60 billion, cut the interest rate by 5.5 percentage points and extend the borrowing period to five years from two years. Read more

Battery Island Row Video

October 22, 2008

What Makes a Home Green?

October 21, 2008

What measures determine if a home is green? Does using recycled materials make a home green? How about locating the home on reclaimed land? Or, what if the homeowners have energy bills significantly lower than those for a similar-sized conventional home? Read more

Live its Saturday Night

October 10, 2008

Congress Leaders Optimistic on Revived Bailout

October 1, 2008

The Senate moved toward passage Wednesday of a $700 billion financial industry bailout as opposition to the package among House Republican conservatives appeared to be softening, thanks partly to a provision increasing insurance for people’s deposits.

Congressional leaders from both parties said they were hopeful that a new version of the rescue plan could be cleared late this week after its stunning defeat that sparked a historic sell-off on Monday. House Democratic leaders tentatively planned a Friday vote.

One House Republican who joined two-thirds of GOP lawmakers Monday in voting “no” indicated he’s reconsidering. Others were also pondering a switch, according to congressional officials who spoke on condition of anonymity because they haven’t publicly committed to changing their votes.

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Otter Island - Kiawah Island

September 27, 2008

At Otter Island the crystal waters of the Atlantic are the backdrop for views of Ibis Pond, centuries-old water oaks, and a variety of birds and wildlife.

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Ocean Palms ~ Kiawah Island

September 27, 2008

Begining at $5 million the Ocean Palms is Kiawah’s new luxury neighborhood on the Atlantic recallying romantic, Old World Mediterranean retreats. Beautiful stucco exteriors, limestone columns, loggias, a palm colonnade, and a 300-foot water garden leading to the sea highlight this premier seaside neighborhood. Residents of Ocean Palms will enjoy the beauty of living in an oceanfront neighborhood just minutes from Charleston. Unique amenities, ocean vistas, and luxurious appointments make living at Ocean Palms a rare opportunity. Kiawah Island Club membership opportunities are also available with purchase.

This private beachfront enclave is known for beautiful stucco exteriors, loggias, a palm colonnade, and water features leading to the sea. A 300-foot water garden provides an alluring centerpiece for Ocean Palms, from which will spring ever-flowing fountains streaming toward the sea. Each homesite has unique views and traits, with two oceanfront properties among the mix available. Two of the nine sites have architectural plans available and ready to build. Other homes may be custom-designed per buyers’ specifications.

Nine Ocean Palms properties are currently available for purchase with Kiawah Island Club membership opportunities available. Situated on a prime piece of beachfront property held in reserve for decades, this neighborhood calls upon architecture that celebrates and harkens back to the stylish Mediterranean shores of Europe. Contact your rehava REALTOR for more information on these truly stunning homes.

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