Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team

1-800-872-4488

[email protected] 

www.MyrtleBeachAdvantage.com 

April 2014
Volume 2014   Issue 04
If you would like to receive this monthly newsletter CLICK HERE
In This Issue
Making the Most of the New Stable Market
Choose Your Real Estate News
March Reports
News to You
Best Buys

Gene Carter CDPE
Gene

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

   

 

IMPROVED CONDOTEL FINANCING

 

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

 

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

 

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Greetings from Myrtle Beach,

 

After last year's "Little Ice Age", it's nice to have a normal spring - sunshine, temps in the 80s, lots of people on the beaches and golf courses. Sales activity for oceanfront condos, on the other hand, has been a little cooler. Per the market reports in this newsletter, the number of overall closed condo sales was down about 6 % for the Grand Strand for the first 3 months of 2014. According to my own research, new contracts for oceanfront condos are down over 10% YTD compared to 2014. Is the market collapsing again? Is it time to panic? No, in fact, I think we are now enjoying a "normal" real estate market for the first time since 2002. I do think, however, that many buyers and sellers are missing opportunities because they have not adjusted to this shift. For my take on this and lots more interesting stats, check out "Making the Most of the New Stable Market".  

 

Many of my readers are aware that my team and I currently publish about 20 versions of this newsletter. The general version is the "Myrtle Beach Real Estate News". We also publish versions which focus on specific developments such as Dunes Village, The Caribbean Resort, and North Beach Towers, to name a few. These newsletters contain the same general market reports, best buy picks and articles as the main newsletters but they also contain monthly reports on the sales and listings within the particular developments. We will be adding additional "Real Estate News" for more developments as well as for several geographical areas over the next few months. If you own on the Grand Strand or if you are interested in a particular building or area, you may want to sign up for the version that is the best fit for you. You can even sign up for as many as you want! For more info on this as well as info on how to sign up for one or more of these special editions, see the article below, "Choose Your Real Estate News".

 

My Best Buy picks this month include oceanfront  and ocean view houses as well as condos in
Anderson Ocean Club, Avista, BAREFOOT RESORT - (Arbor Trace, Cypress Bend, Dye Townhomes, Edgewater, Greenbriar, Harbour Cove, The Havens, Willow Bend, Yacht Club Villas), Bay View, Bay Watch, Beach Club, Beach Colony, Blue Water Keyes, Breakers Boutique, Breakers Resort, Camelot, Caravelle Resort, Caribbean Resort, Carolinian Beach Resort, Chelsea House, Pinnacle/Compass Cove, Coral Beach, Cottages at 7th, Crescent Keyes, Crescent Shores, Dunes Village, Grand Atlantic, Grande Shores, Island Vista, KINGSTON PLANTATION - (Brighton, Margate Tower, Royale Palms, South Hampton), Lauderdale Bay, Long Bay Resort, Magnolia Place, Magnolia Pointe, Malibu Pointe, Mar Vista Grande, Market Common, Monterey Bay, North Beach Towers, North Beach Plantation-Spa Villas, Ocean Bay Club, Ocean Blue, Ocean Keyes, Ocean Reef, Oceans One, Paradise Resort, Prince Resort, Roxanne, Sand Dunes Ph III, Sandy Beach, Seaside Inn, Sea Watch, South Wind, Sunrise Pointe, The Horizon, The Pointe, Tilghman Beach & Golf, Tuscany, Vista Del Mar and Windy Hill Dunes.

  

Come see me at the beach!  

Making the Most of the New Stable Market
Breakers Boutique 1754 Balcony
As I mentioned in the Intro, several segments of our market have cooled off a bit this year - at least in the number of transactions. Condo sales in general have been down - oceanfront condo sales even more. The re-sale market for single family homes has been off as well according to every agent I've talked to. In short, the sales pace for all general brokerage real estate (including any and all re-sales) is slower this year. By contrast, new homes (single family) are flying off the shelf. 

 

Click here to read more 

Choose Your Real Estate News
beach-chairs-umbrella.jpg
My beach Pro Team and I have been publishing about 20 different versions of the Real Estate News. In addition to the main "Myrtle Beach Real Estate News, we have been sending versions which include monthly reports on current active and pending listings as well as closed sales for these developments. We will be adding about 20 more versions this month. See below for details.

Click here to read more 
March 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 - April

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

The following current listings are exceptionally well-priced and represent great values.  The spreadsheets are sorted 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
Email:  [email protected]
Website:  www.MyrtleBeachAdvantage.com

The material provided is for informational and educational purposes only and sometimes contains current or forward-looking statements on real estate market conditions, and should not be construed as legal, investment and/or real estate advice.  Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors, and is not necessarily the opinion of The Hoffman Group or its agents.