Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team

1-800-872-4488

[email protected] 

www.MyrtleBeachAdvantage.com 

May 2014
Volume 2014   Issue 05
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In This Issue
April 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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Quick Links...

 



 

Greetings from Myrtle Beach,

 

Lots of good news to report for Grand Strand tourism! Summer's in full swing and there are WAY more people in town than there were this time last year. In fact, according to Coastal Carolina University's Clay Brittain Jr. Center for Resort Tourism, lodging occupancy for the 6 weeks from April 27 to June 7 was about 60% for hotels, condotels and campgrounds, up about 4 occupancy points or 7% compared to the same 6 weeks last year. Guests paid slightly more for a room than they did during the same period the previous year, with the average daily rate up 0.7%. Revenue per available room, a key gauge of the industry also known as RevPar, was up 7.7%. Vacation rental properties did even better. About 73% were booked, up 15 occupancy points or 26 % compared to the same period last year. RevPar was up 19%.

 

How about some accolades! In May, Travel website TripAdvisor declared Myrtle Beach the top destination this summer based on TripAdvisor search data for June 1-Aug. 31 - ahead of Las Vegas (No.2) and New York City (No. 3). Pretty impressive!

 

Also, the Myrtle Beach International Airport had its busiest May ever. So far this year the airport has had the most seats ever flying into the market thanks to additional flights from new markets and extended schedules for seasonal flights.

 

For you golfers (and Reality TV fans), the Golf Channel's popular skills competition reality series "The Big Break" will be filmed in Myrtle Beach this year. Now in its 22nd season, it's the Golf Channel's most successful original series with about 5 million viewers watching the 11 episodes each season.  "Big Break Myrtle Beach" will be broadcast for 11 consecutive weeks from Oct. 7 through Dec. 16, and will air at 9 p.m. Tuesdays.

 

I think the strong rentals and positive press may have jumpstarted resort real estate sales.  After a spring lull, buyers are back. In a reversal of the normal pattern, March and April sales were sluggish but the last half of May and the first few weeks of June have been very busy. 

 

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!  

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

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.