Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team


[email protected] 

March 2015
Volume 2015   Issue 03
If you would like to receive this monthly newsletter CLICK HERE
In This Issue

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
Hoffman Logo


2200 Premier Resorts Blvd

North Myrtle Beach
South Carolina  29582

iPhone Property Search App

CLICK HERE (Code 9030)

iPhone Image

This iPhone app will allow you to search for Myrtle Beach Properties.
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 the Grand Strand!


We are moving into the busiest real estate sales season of the year right now, especially for resort and oceanfront properties. It's a great time to sell with all these potential buyers in action mode. It's also a good time to buy, with the spring and summer right around the corner.


As I have stated numerous times in these newsletters, there aren't many "steals" out there in the present "stable" market but I have seen some very well-priced listings in recent weeks. I've sent out email notifications for several of these. Most of the listings for which these notifications were sent were sold within days so if you should receive one of these emails and if you are interested, please contact me immediately.


After last month's massive information piece on the 2014 oceanfront condo sales, I'm going easy on the statistics this month. All the usual reports are included of course.


Instead, I will focus on the exciting direction the Grand Strand seems to be heading. The sheer amount of activity this spring in our area is the highest I've seen in 10 years - and I'm not just referring to tourism. Single family home sales are setting records. There's commercial construction everywhere - new shopping centers, restaurants and other attractions. New roads, airport additions and other enhancements to our transportation system are underway. Two large new sports complexes have opened this year. Foreign investment is pouring in with the promise of new tourism markets to follow. A huge new festival is coming in June. A local attraction won the state's high's tourism order. Here's a brief recap of some of the highlights with links to related articles.


Strong Home Sales: 2014 was a record year for sales of single-family residences on the Grand Strand. Spring 2015 sales have been off the charts.


MB Home Sales Set Record in 2014

Spring Real Estate Sales Seeing Spike


The Myrtle Beach Boardwalk: This relatively new attraction (opened in 2010) was awarded the Governor's Cup which is given to the top tourist attraction in the state.


MB Boardwalk wins Governor's Cup


New and Improved Roads:  Back in the 90's, RIDE (Road Improvement and Development Effort) produced $1.1B in new roads and improvements on the Grand Strand including Highway 31, Highway 22, and Grissom Parkway.  For RIDE II, the Back Gate/Market Common overpass has been completed, Highway 31 is being extended, and numerous other projects are underway. The next strategic road improvement project, the $550M RIDE III, is currently in the active planning stages.


RIDE III Road Project Study

RIDE III Committee Learns of Future Growth


Myrtle Beach International Airport: Numerous nonstop flight destinations are being added and many of the seasonal flight destination schedules are being extended. A $20 million runway project was completed over the winter, which will allow larger planes to fly into the airport on a regular basis. The old terminal, which is next to the new terminal, is being renovated to add additional capacity.


MBIA Runway Rehab Starts on Time

Airport Face-Lift to Top $10M

MBIA Upgrades Aim to Increase Capacity

MBIA Prepping for Busy Season


Two Large New Sports Facilities opened in Myrtle Beach and North Myrtle Beach: The $15M North Myrtle Beach Park and Sports Complex, featuring 6 baseball fields and 8 soccer/lacrosse fields, is doing great in its first year of operation. The new $14M Myrtle Beach Sports Center opened in March and is already booked solid for just about every weekend this year. This indoor sports facility contains 8 basketball courts which can also be utilized as 16 volleyball courts. These new facilities further enhance the Grand Strand's standing in the growing sports tourism industry. Large sports centers already in operation include the Myrtle Beach Grand Sports Complex in Market Common, with 9 multi-use athletic fields, and The Ripken Experience in Myrtle Beach with 9 baseball fields.


3 Weeks to NMB Sports Complex Debut

Sports Tourism Big Part of Grand Strand's Future

MB Sports Center Taking Bookings

City Council Tours MB Sports Center


Carolina Country Music Fest: More than 35 local, regional and national acts including Lady Antebellum, Eric Church, Big and Rich, and Colt Ford will be performing at this inaugural event June 5-7 on the old Pavilion site in Myrtle Beach. More than 15,000 people per night are expected.


Country Music Festival Announces Headliners


Chinese Investment Paving the Way for International Tourism: Investors from China have acquired 13 golf courses on the grand Strand in the last 20 months in addition to several large commercial and development properties. Local tourism officials as well as the investors themselves are working to attract the attention of Chinese tourists, the world's highest-spending travelers per capita.


Chinese Investors Have Plans in MB

Chinese Investors Scooping Up Area Properties

Strand Tourism Courting International Visitors

Chinese Investors Looking at Hotels


Coastal North Town Center in North Myrtle Beach Leads Retail Resurgence: This brand new 368,000 SF shopping center contains a number of stores that are new to the area. There are numerous other new stores and expansions of existing retail centers all along the Grand Strand with more on the way.


Shopping Center Work in Full Swing

Retail Construction Sees Resurgence

New Shopping Center to open in NMB

New NMB Stores Opening Soon


All of these articles (and more) were included in the Press Releases section of my website (under the News/Useful Info tab). If you want to keep up with local events, check it out on a regular basis. Here it is....


Press Releases


Read on for the latest monthly reports and my Best Buys.


Come see me at the beach!

February 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

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

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.