Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team


[email protected] 

June/July 2014
Volume 2014   Issue 06
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In This Issue
Today's Best Buys-Features Can Be More Important Than Price
May & June 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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Greetings from Myrtle Beach,


It's been a busy year and of course I do things other than just write newsletters - sell real estate, etc. As a result, the dates at which I've completed and sent each "monthly" edition have drifted farther and farther into the next month (May newsletter sent in mid-June and so on). To get back on track, this is a combined newsletter for June and July. The monthly reports for both May and June are included. By the way, you may notice that this month's market reports look different. The basic overall content is the same but several of the reports are combined.  We hope this doesn't cause too much confusion.


In my last newsletter, I mentioned that June sales activity had picked up after a lackluster spring. My team and I ended up having a great month with 14 sales in June (new contracts) - including 12 oceanfront condos! July sales have been on a strong pace as well with 8 sales in the first two weeks and several other offers in play at this time. My oceanfront condo sales in June and July were in 12 different buildings and included efficiencies, 1BRs, 2BRs, 3BRs and 4BRs. Sale prices were from $58K to $380K. The only real pattern I can discern is that all of the listings were reasonably priced - generally within the range of recent sales for comparable properties - although most of these sales were at prices on the very high ends of the ranges for the subject properties. Also, a number of these condos had unusual features that separated them from other, seemingly comparable, listings.


Ultimately, buyers determine market values - not sellers or listing agents - and buyers these days are very savvy and well-educated as to current market conditions and recent sales histories. As evidenced by my recent sales however, today's buyers are generally willing to pay current market values for solid properties. Few buyers are looking for "steals" any more. Most are focusing on quality and value rather than just the price point. On that note, this month's feature article focuses on a handful of current listings that I feel are great buys although, at first glance, the asking prices don't appear to be unusually low. These condos are exceptionally well-located within their respective buildings or are in some other way rare or unusual. To find out about some excellent current purchase opportunities,  what kind of characteristics add value, and why you need to work with an agent who knows and understands the subtle differences between similar properties,  check out "Today's Best Buys - Features Can Be More Important Than Price".


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!  

Today's Best Buys - Features Can Be
More Important Than Price

When prospective buyers are searching for the best buys, particularly in condos, they usually look first to price.
If a property is listed at a price lower than recent sales for similar properties or is the lowest priced listing in a building or neighborhood, it is often perceived as being the best buy. After all, condos in the same building are just alike, right? Not necessarily - a closer look often reveals that a listing which is not the "cheapest" may in fact be the best value.

Links to listings in the article below:

May and June 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.

News to You - June & July

This new monthly newsletter feature shares press releases that caught my eye in the previous month.  Here they are for June & July.  (These articles are on my website under "News/Useful Info"). 
Best Buys (My Picks)
Breakers Boutique 1754 Balcony  

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]

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.