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
I've emailed two midmonth messages since my September newsletter (a flood report and an announcement of a new development), so I'll keep this one brief.
First, here's an update on the "1000 year" flooding. As I reported, the beach areas generally recovered rapidly, in most cases resuming normal operations within a week. Other areas, however, have been hard hit and are still reeling. In particular, neighborhoods in low-lying areas near streams, rivers and the Intracoastal Waterway faced flooding which continued for several weeks after the initial storm. Houses, vehicles, and some businesses were severely damaged or destroyed. There was widespread damage throughout the state with some inland areas being truly devastated. I haven't seen a total figure yet but the statewide cost of the damage will certainly total in the billions.
The vast majority of the beaches of the Grand Strand avoided significant erosion and, in fact, most areas now look just about like they did before the storm. A few sections, however, experienced notable damage. Several feet of dunes were lost in spots in Cherry Grove in North Myrtle Beach. The southern tip of the Garden City peninsula, which has always been prone to erosion, had the worst damage with most of the beach washed away from the seawalls. For more info on the flooding and its aftermath, take a look at the press releases on my website. PRESS RELEASES
As I mentioned in the September newsletter, resort sales seemed to pick up right at the end of September but the subsequent weather event put a damper on things. Showing activity on my listings has increased over the last week or two so I'm hopeful the year will end on a positive note.
My listing clients have started receiving some additional reporting in the past month. We purchased ListHub Pro, a service which provides detailed info on Internet activity for each listing. Did you know that your listings are published in more than 900 online search services? Recent studies show that 94% of all real estate purchases begin with online searches. For resort properties, I suspect it's closer to 100%. You might be surprised just how often your listings are viewed by potential buyers throughout the country and the world. I'll cover this in more detail in a future newsletter.
I said it would keep it brief so that's it for now. Of course all the usual market reports and my Best Buys are included.
See you 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.
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.
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 RE/MAX Southern Shores or its agents.