Michael Scarafile: State of Real Estate Market

February 17, 2014:  Almost everyone is interested in the state of the real estate market in our area and the speaker for our February 17 meeting helped educate us on what’s been happening here in residential sales.  Introduced by his Rotarian Club father, Vito Scarafile, Michael Scarafile, President of Carolina One Real Estate Company, challenged the membership with a real estate IQ test. No one got a perfect score on the 10 questions that were posed on the test, but we all learned that the residential market in 2014 reflected the continuing rebound in housing sales and prices since the recession. All data was according to statistics compiled from the Charleston Trident Association of Realtors Multiple Listing Service.  Proof of the continuing housing recovery is evident in the comparison of the 9,366 active residential listings in 2008 to the 4,716 active listings in 2014.  The “absorption rate” of properties under $250,000 is 3 months and for properties listed at over $1,000,000, it is 18 months.  Continue reading

Loren Ziff: Push Up & Up

February 10, 2015:  Loren Ziff spoke to our Rotary Club about the Push-up & Up program which partners with Communities in Schools, raising money to support proven programs in high school drop-out prevention.

Loren graduated from Northwestern University with a degree in economics and earned an MBA from Duke University. Loren’s career includes an integral role in the Savings and Loan Crisis of the 1980’s, working for the Federal Savings and Loan Corporation in closing thrifts as well as running a couple failed thrifts for the federal government. He has since founded Ziff properties and Eastrock properties dealing in commercial real estate. Continue reading

Andra Watkins: Walking the Natchez Trail

February 3, 2015:  Andra Watkins became interested in the history of Meriwether Lewis, of Lewis and Clark Fame, particularly because he never received recognition for his many accomplishments and explorations. Even the Federal government, which loves monuments and awards, ignored him.  Then add the fact that his death in his early 30’s still remains a mystery as to whether he was murdered or committed suicide.  Continue reading

Chris Fraser: Market Update

January 27, 2015 – Our speaker this week was Chris Fraser, Managing Director of the Charleston office of Avison Young.  Fraser is a leader in Charleston’s real estate development community having been instrumental in the development of projects as the Blackbaud campus and Battery Stadium.  Fraser has served as President of the Charleston Metro Chamber of Commerce and the Charleston Trident Association of Realtors and has certainly given back to his community having served six years on the board of the Charleston County School District.  His years of experience allowed him to present a very timely topic to our club – the market update for the commercial real estate market. Continue reading

James Ward: Cyber Warfare

January 20, 2015 — Ned Jervey, who received the Shining Light Award today, introduced James Ward, Vice President of Scientific Research Corporation (SRC). Scientific Research Corporation is an advanced engineering company that was founded in 1988 to provide innovative solutions to the United States Government, private industry, and international markets.  Continue reading