Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team


September 2013
Volume 2013   Issue 08
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In This Issue
Buy? Sell? Both?
August Reports
News to You
Best Buys

Gene Carter CDPE

Professional, Courteous Service /
28 Years Experience / Oceanfront, Waterway & Golf Real Estate Specialist in Myrtle Beach, North Myrtle Beach, Little River, Surfside, Garden City, Murrells Inlet, Litchfield, Pawleys Island, Carolina Forest
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2200 Premier Resorts Blvd

North Myrtle Beach
South Carolina  29582

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News Flashes





Interest rates continue to drop and more options have become available.  Contact me for details.




Click on the "Calendar of Events" below for more happenings. 



Quick Links...



Greetings from Myrtle Beach,


Well, it's that time of year when I take a look at how my business has been so far. Here's a statistic that might surprise you. When I analyzed my personal year-to-date sales this past week I found that over half (19 of 35) of my buyer clients (closed sales) were already current owners of other properties on the Grand Strand. A number of these buyers also sold properties during this same time period. Most were savvy investors and but some were true second home owners. In all cases, the decisions they made resulted in ownership scenarios more favorable to their individual needs and goals.


These individuals have been taking advantage of the market conditions to advance their positions. By contrast, the typical mindset of most of the current owners I've spoken with is this: He is going to wait until his property value increases to a particular price level before he makes any buying or selling decisions - no matter how long it takes, no matter how much he has to pay in carrying costs in the meantime, no matter how many more favorable ownership opportunities he has to pass up. The fact is that there are often better options available. Our local real estate market is changing rapidly and there are many opportunities for current owners to trade up, shuffle properties to improve cash flow, consolidate, defer tax payments by utilizing a 1031 tax-deferred exchange or to simply cash out. Check out "Buy? Sell? Both?" for my take on this topic and please contact me if you would like to discuss your individual situation.


Along these same lines, if you own on the Grand Strand or have your sights set on certain developments, visit to sign up for access to spreadsheets showing all closed sales since 2009 in over 60 resorts. Click here to view a sample.  If you are an owner, you might be surprised at recent  prices.  Again, please contact me if you want to go over any of these. 


Last week I sent out a broadcast email to my client database about a great non-MLS deal on a 3BR oceanfront condo at The Caribbean Resort and received a number of responses. I'm happy to report that one of my clients was able to win the race to this one just hours ahead of an offer from another agent - and less than 48 hours after the listing became available.


Many homeowner associations schedule their yearly homeowner meetings in the fall. If you are in town and would like to get together, please contact me. Also, if you like my "Real Estate News" and the other services we offer, please pass the word to other homeowners. Thank you!


Finally, I'm including something out of the ordinary this month. I got married on the beach on September 30, 2000. The wedding pictures captured the most beautiful sunset I had ever seen. This September 30, I was on the dock overlooking the waterway behind Greg Norman's Restaurant at sunset and took a few pictures with my cell phone as the colors changed. Amazing! Click to view all of the pictures. I can't promise you a sunset like this every Sept. 30 but I can promise that fall on the Grand Strand will be spectacular.




My Best Buy picks this month include oceanfront  and ocean view houses as well as condos in
Anderson Ocean Club, Atlantica III, Avista, Barefoot Resort - Edgewater, Greenbriar, Ironwood and The Dye, Bay View, Beach Club III, Beach Colony, Beach Cove, Breakers Boutique, Breakers Resort, Brighton, Camelot, Caravelle, Caribbean Resort, Carolinian, Chelsea House, Compass Cove, Coral Beach, Cottages at 7th, Crescent Keyes, Crescent Shores, Dunes Village, Grand Atlantic, Grande Dunes-Marina Inn, Grande Shores, Harbour Cove, Island Vista, Laguna Keyes, Lauderdale Bay, Long Bay Resort, Magnolia Pointe, Malibu Pointe, Mar Vista Grande, Margate Tower, Market Common, Monterey Bay, North Beach Towers, North Beach Plantation-Spa Villas, Ocean Blue, Ocean Creek, Ocean Keyes, Ocean Reef, Oceans One, Paradise Resort, Pinnacle, Prince Resort, Roxanne, Sandy Beach, Seaside Inn, Sea Watch, South Shore Villas, South Wind, Sunrise Pointe, The Horizon, The Pointe, Tilghman Beach & Golf, Willow Bend, Windy Hill Dune and Yacht Club Villas.


Come see me at the beach!  

Buy? Sell? Both?

Sandy Beach

When I analyzed my personal year-to-date sales recently it came to my attention that the majority of my buyer side sales involved current owners of Grand Strand properties buying additional properties. In several cases, the buyers sold properties during this same time period as well. Also, I am sure that many of the buyers of my listings also already owned on the Grand Strand. Of my listing sides, some simply exited the market but quite a few purchased "replacement" properties in our area.

None of this came as a surprise to me because my clients and I had discussed these sales and purchases at length and all of these transactions were carefully planned moves to advance each particular owner's needs and objectives. The market shifts occurring now and expected to occur over the next year provide lots of opportunities for current owners to better their positions. Let's examine a few common scenarios. Incidentally, I have already worked with real-life clients in each of these scenarios this year.


August Reports

Below are links to several detailed reports on the current state of our local real estate market complete with statistics for just about anything imaginable.  Please keep in mind that these statistics cover a broad range of properties and that particular areas or developments may behave quite differently.  


As always please contact me if I can be of service in any way.

See link below to interpret terms used in these reports.

Myrtle Beach Market Update
North Myrtle Beach Market Update
Grand Strand Market Report
SC Monthly Indicators
Housing Overview

Real Estate Terms
News to You - September

This new monthly newsletter feature shares press releases that caught my eye in the previous month.  Here they are for August.  (These articles are on my website under "News/Useful Info"). 
Best Buys (My Picks)
North Beach Towers  

The following current listings are exceptionally well-priced and represent great values.  The spreadsheets are sorted by development, then by number of bedrooms and then by price.  These are live links to listing details and they will change according to changes in the MLS (Pending, Sold, etc.).  The listing details are in the same order as the spreadsheets. Please call me directly if you find something of interest to you.


OF/OV Homes Brochures:         Link to Listings 

OF/OV Homes Spreadsheet:    Link to Spreadsheet 


OF/OV Condo Brochures:         Link to Listings

OF/OV Condo Spreadsheet:    Link to Spreadsheet

Non-OF Condo Brochures:        Link to Listings  
Non-OF Condo Spreadsheet:   Link to Spreadsheet 
If you are considering buying or listing any property on the Grand Strand, or if I can be of assistance in any other way, please contact me.  Also, please feel free to forward this newsletter to friends or acquaintances and of course I will be happy to add them to my email list.

Finally, please let me know if you are going to be in the area and would like to get together.

See you at the beach!

Gene Carter
Beach Pro Team
Cell Phone:  843-455-4785

This newsletter expresses the opinion of Gene Carter CPDE.  Specific property information is deemed reliable but is not guaranteed.