Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team

1-800-872-4488

[email protected] 

www.MyrtleBeachAdvantage.com 

May 2016
Volume 2016 Issue 04

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In This Issue

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 Grand Strand!

Last month's newsletter was loaded with lots of charts, data and analyses. I'll keep it light this month and touch on a few recent press releases.

In a development which will limit oceanfront construction in the future, a bill was passed in the South Carolina legislature which closes a loophole in state law that has allowed new construction closer to the ocean where re-nourishment projects have temporarily widened the beach (resulting  in the official "setback line" being moved seaward). This action is considered a significant, long-term step to prevent construction further out on the beach at a time of rising sea levels. For more details, "Rising seas put brakes on developers expanding to ocean".

More than 17 million visitors have flocked to Myrtle Beach annually since 2014 but the Myrtle Beach Area Chamber of Commerce says the local tourism industry has the capacity to handle 20 million visitors and it plans to reach that goal in the next few years by marketing the Grand Strand as a year-round destination. For more details, "Officials aim to lure 20M tourists to MB annually".

And finally, the Sun Fun Festival is back this weekend after a five-year hiatus. This event, designed in 1951 to attract tourists to the area on an otherwise slow weekend, was suspended in 2012 because officials said it was not bringing in visitors as it had in its early years and was not generating enough revenue to cover expenses. This weekend's activities include a parade, performances by the US Army Golden Knights parachute team, live music, and a series of competitive beach games. For more details, "Sun Fun Festival returns to MB after 5-year hiatus".  Incidentally, the following June weekends should be busy with the Salt Games and the huge Carolina Country Music Festival on tap.

That's it for now. All the usual reports are included as well as this month's Best Buys.

Come see me at the beach!
April 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:  [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.