Around Charleston
1 - MUSC Nexton Breaks Ground - 4 years after it was announced, shovels are finally in the ground for the 192,000 sqft hospital and cancer center campus in Summerville. FULL PRESS RELEASE
2 - Harris Teeter Replacement Announced - Luxury home design store Construction Resources announced they will be opening their first Charleston location, where the Seaside Plantation Harris Teeter previously was. READ MORE
3 - National Recognition for the Angel Oak - The future Angel Oak Preserve has been named a community forest by the Old-Growth Forest Network, a compilation of the oldest known forests in the country. READ MORE
4 - The End of the Mount Pleasant Days Inn - The shuttered hotel near the base of the Ravenel will be demolished to make room for a new Drury Hotel. The hotel group purchased the property in January for $14m. MORE
Historic Home of the Week
87 Tradd Street - Built c.1903, this is one of the newest homes on Tradd Street, with a primary bathroom you can’t miss!
3 Bed | 2.5 Bath | 1852 sqft | $2,250,000
@the.bill.olson This is one of the NEWEST homes on Tradd St at just 122 years old! This South of Broad home is listed for $2,250,000 #CharlestonSC #histo... See more
Eleven Madison Park Chef Daniel Humm’s Charleston Place Pop-Up
New York’s three-Michelin-star chef, Daniel Humm of Eleven Madison Park, is bringing his team to Charleston.
The group will launch a year-long residency in the former Charleston Grill space at The Charleston Place.
The pop-up, called “Chef Daniel Humm x The Charleston Place, Presented by Resy,” opens Friday, October 3.
What to Expect
The menu will lean plant-forward and climate-conscious, but will have meat options, don’t worry.
Lowcountry ingredients and traditions will take center stage.
Humm recently announced that EMP would again serve both meat and meat-free menus.
The Charleston version is expected to feature seafood alongside vegetables.
Humm’s Vision
“This project represents more than a collaboration,” Humm said.
“It’s about bringing people together through food and Charleston’s deep connection to land and sea.”
He plans to spend time here, connect with the community, and learn from local farms and fisheries.
Impact on Charleston
Beemok Hospitality Collection (BHC), which owns The Charleston Place, is partnering on the project.
They’ll also launch an apprenticeship program, sending Charleston chefs to train at Eleven Madison Park.
This move follows their earlier splash with chef Michael Mina at Sorelle.
It signals BHC’s push to position Charleston as a luxury culinary destination.
Other Details
The residency runs for 12 months.
Dinner service will be offered Wednesday–Sunday, from 5–10 p.m.
Reservations are available on Resy.
Prices start at $135 per person for the tasting menu.
2045 Cripplecreek Dr, Ladson, SC 29456
4 beds | 2.5 baths | 2652 sqft
$380,000
Welcome to this 4-bedroom, 2.5-bathroom home in Ladson, offering a functional layout with multiple living spaces. The main level features a family room, formal dining, and a flexible living space. The eat in kitchen includes granite countertops, tiled backsplash, stainless steel appliances, and plenty of cabinet storage. Upstairs, you'll find a large loft, three secondary bedrooms, and a spacious primary suite. The primary bedroom includes a walk-in closet, dual vanities, a garden tub, and a separate shower. Outdoor living is enhanced with a screened-in porch, fenced backyard, and storage shed. The two-car garage has been finished with a sealed floor, and the laundry room offers added cabinetry and counter space. Neighborhood amenities include a pool, and the home is conveniently located near schools, shopping, I-26, and downtown Summerville.
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Here’s What I’m Watching Right Now
Interest rates may have dropped to their lowest point of the year, but there’s more to that story that you need to know.
Every quarter-point shift in rates = about $17/month per $100K borrowed. Doesn’t matter if you’re buying a $250K starter or a $1M home — that math scales.
That’s why all eyes are on the Fed’s September 17th announcement. If you’re hoping to make a move before the year’s out, here are 3 things I’d keep an eye on:
Rate spread: Watch the gap between mortgage rates and the 10-year Treasury. If it starts narrowing week-over-week, ask your lender if it’s a good time to lock.
Inventory: Listings are up 26.1% compared to last year. Widen your search just one neighborhood or price band, and you’ll start spotting deals others miss.
Price cuts: About 1 in 5 homes has a reduction right now. Anything sitting on the market for 30+ days? That’s your chance to negotiate or ask for concessions…which can be used to buy down your rate even more and save even more!
Even if you’re not planning to make a move this fall, these are the trends shaping the market as we head toward 2026.
And if you’re curious how this could play out in your own situation, just reply to this email, always happy to talk it through.
-Bill Olson
If you're looking to buy or sell a home in Charleston, Bill Olson & Pirate Properties can help you. We’re fast, friendly, knowledgeable, and fun to work with. We’ve helped hundreds of clients in real estate. Click below and start viewing what's available in Charleston today, calculate your home’s value, or schedule a no-obligation, no-pressure discovery call.
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