Greetings from Myrtle Beach,
This is a "double newsletter" to get me back on track after missing my March newsletter (and running late on the April edition). It contains all the market reports for February and March plus several new articles.
The main reason I missed the last newsletter was that I was just crazy busy. My overall sales pace has been well ahead of last year's and I had the good fortune to find myself overseeing more than 20 pending sales at once during most of the last two months.
There are still great opportunities at the handful of remaining resorts selling developer-owned condos at discounted prices - but they aren't going to last much longer and the prices are going up. Note that almost all of the condos I wrote about in my July 2012 article, "Developer Inventory Disappearing Fast" (link to article) have now either been sold or are permanently off the market for other reasons so check out the article below if you want to take advantage of these before it's too late.
While the number of developer-owned opportunities has been dwindling, the number of high quality new construction offerings at excellent prices has been increasing. There's too much activity in the primary residential market (detached homes) to list in this newsletter so I've focused on a few of the most attractive new resort-style properties. Info below.
Finally, the long-promised new version of my website has been activated. It's better organized and easier to navigate than before and there are several new features - including an updated and improved version of my "Grand Strand Condo Encyclopedia", a popular and useful resource which was lost when my original website crashed a few years ago. There are still some pieces missing and of course the website will continue to grow and evolve in the coming months. I'll cover this in more detail in a future newsletter. In the meantime, please visit www.myrtlebeachadvantage.com and let me know what you think. I'd love to hear your comments!
My Best Buy picks this month include oceanfront and ocean view houses as well as condos in Anderson Ocean Club, SeaWatch, Beach Colony, Southwind, Margate at Kingston Plantation, The Horizon, Bay View, Compass Cove, Breakers Resort, Long Bay Resort, Ocean Reef, Paradise Resort, Dunes Village II, Camelot, Island Vista, Caribbean Resort and Carolinian Beach Resort.
Come see me at the beach!