Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team

1-800-872-4488

GeneCarter@BeachProTeam.com 

www.MyrtleBeachAdvantage.com 
January 2016
Volume 2016 Issue 01

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In This Issue
December 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

 

1107 48th Avenue N, #110

Myrtle Beach

South Carolina  29577  

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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 the Grande Strand!

I'm still working on the research for my big yearly analysis of 2015 resort property sales. Since it may take me another week or so to put this report together, I thought it best to go ahead and send out a brief newsletter so you wouldn't have to wait for my Best Buys and the usual monthly marketing and sales reports.

There are some great buying opportunities available at the moment. The Villas at North Beach, which I've mentioned for the last several months, have now been formally announced and nonbinding reservations can be submitted. Please contact me directly if you're interested. The large new houses across the street from the beach on the north end of Myrtle Beach at The Cloisters are still available as well. Also, there is a batch of bank-owned condos in Oceans One, one of the newest oceanfront towers in Myrtle Beach, available for sale at excellent prices with buyer incentives. These have been selling well but there are still some good ones left. Take a look at the pictures - spectacular floor plans. Please contact me directly if you want more information about either of these opportunities.

If you're considering selling in the near future, we are now entering the busiest sales season of the year - as illustrated in the charts in my last two newsletters. Also, if you are a Canadian citizen, now is a great time to sell because of the exchange rate. The US dollar is at its highest level versus the Canadian dollar in over 10 years. The differential is almost 40% more than it has been for most of the last eight years. This is bad news if you're planning to purchase in the US but great news if you're planning to sell an asset that you own in the US. I'm certainly not an expert on this but at least one of my clients has chosen to list his property for sale this spring specifically to take advantage of this situation.

In local news, the Myrtle Beach International Airport had a record year and is expecting even better numbers in the future.  Growth in Flights, Destinations Leads to Record Year at MB International Airport. Also, since the area has over 1800 restaurants, why not build a $15 M, 30,000-square-foot training facility for future chefs?

Finally, and it's painful to mention this, my Clemson Tigers couldn't quite pull it off against Alabama despite an impressive performance. But with Deshaun Watson and all of the key offensive players back next year, watch out!

That's it for now.

Come see me at the beach! 
December Reports

Breakers Boutique 1754 Balcony

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 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:  GeneCarter@BeachProTeam.com
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.