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SC analyst sees housing boom continuing

South Carolina Business Review
SC Public Radio

While currently experiencing a slowdown in activity, the homebuilding market still continues at a strong pace. And our next guest says that she believes the boom will continue and that’s why she likes the investment opportunities in multifamily housing.

Mike Switzer interviews Karen Oeser, a chartered financial analyst and co-founder of Financial Literacy for Her and East Light Investments in Greer, SC. She is also a member of the SC chapter of the CFA Society.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.