Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team


October 2014
Volume 2014   Issue 09
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In This Issue
September 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. 



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Greetings from Myrtle Beach,


After my last newsletter's opus on property tax re-assessment, I'll keep it lighter this month. Of course all the usual monthly reports and info are included.


The roller coaster sales market continues. In October, historically a sluggish sales month - particularly for oceanfront condo sales - I worked out 10 new contracts in a total of 9 different oceanfront buildings, from $58K to the upper $600s. Numerous other agents I've talked to reported the same surge in activity. Note that the sales won't show up in any reports until these close in another month or too.


Although the market has been unpredictable of late, normally, November, December and early January provide some of the best purchase opportunities of the year. On the flip side, listing inventory in many of the more popular developments is currently very thin so it might be a good time to sell as well. Let me know if I can help with either.


You should have received your real estate property tax bill from the county by now. If you question the fair market value, check our Closed Sales Lists for comparable sales or contact us for assistance. In case you missed last month's newsletter, here is a link to the article about the reassessment (which also contains an overview of the county's real estate tax system).


Now for some fun local news.

The numbers bear out what I have observed and mentioned a few times in recent months - The fall tourism season has been HUGE! According to an article in this week's Sun News,


"From Sept. 7 through Oct. 18, an average 69.5 percent of hotels, condotels  and campsites were occupied along the Grand Strand, up 8.7 occupancy points or 14.3 percent over the same six-week period last year, according to CCU. And last fall was a busy one, too... The weather helped again this fall, and leaders also credit the beefed-up "60 More Days of Summer" ad campaign, which touted the beach as an ideal place to visit in the fall because of the still-warm weather, as well as the lower lodging rates and fewer crowds than during the peak summer season."

Here is a link to the full article "Myrtle Beach area wraps up record fall tourism season".


The football team at Coastal Carolina University (CCU), our local college, is now ranked No. 1 for the first time in its history. The fast-growing university competes in the 124-member FCS, formerly known as Division I-AA.   CCU took a big gamble 3 years ago in choosing Joe Moglia over dozens of applicants as its new head coach. Although he had significant coaching experience during a long and amazingly diverse career, he was most well-known for his previous job - CEO of TD Ameritrade - one of the largest online discount brokerage firms in the world. In fact, he is still Chairman. Apparently, he is also a pretty darn good football coach. Here is a link to the article,     "Coastal Carolina football team attains its first No. 1 ranking".


I hope everyone has a super Thanksgiving!


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!  

September 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 - October

This new monthly newsletter feature shares press releases that caught my eye in the previous month.  Here they are for October.  (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

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.