Myrtle Beach Real Estate News

Gene Carter and The Beach Pro Team


[email protected] 

June/July 2016
Volume 2016 Issue 05

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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


1107 48th Avenue N, #110

Myrtle Beach

South Carolina  29577  

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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. 



Quick Links...


Greetings from the Grand Strand!

This will be another combined newsletter - June and July. No gaps in the info, however  - all the usual reports are included for both months.

There are still lots of people in town although the "intensity level" seems lower now than in the spring and early summer. Sales activity has been similar.  I'm receiving lots of inquiries from prospective buyers but there seems to be some hesitancy and a lack of urgency, particularly among the investor and second home buyers. Of course, my seasonal stats from recent years have shown a decrease in sales activity in August followed by an uptick in the fall (See chart below - Oceanfront Condo Sales (Contract Date)). Let's hope the summer tire-kickers become the fall buyers.

New home sales, meanwhile, are going gangbusters. See "Housing recovery hits home in the Myrtle Beach area".

There's a great deal of action in commercial construction and sales as well. In fact, if all goes as planned, we will see the first new oceanfront towers in several years beginning construction this fall with anticipated 2018 completion dates. Please note that these are true hotels - not condominium towers. In other words, there will be no individual condos for sale. Still, it's a good sign that there are developers who believe that the oceanfront rental demand is strong enough to justify spending tens of millions of dollars to build new towers. For more details, "Two High-Rise Hotels Coming to MB".

A valuable service we have provided to our clients in recent years is our list of Sales Histories - details on all closed sales since 2009 for dozens of developments. Normally, we add the previous year's sales during February, after the last of the previous year's sales are all fully recorded in MLS. For various reasons, the addition of the 2015 sales histories was delayed. Please accept my apologies for this. The 2015 sales histories are now available. We also added 27 additional developments and included the sales back to 2009 for these as well. There are now a total of 85 developments included.  Here is a link to an example of what each sales history list looks like for each year.
Anderson Ocean Club 2015

Below is a list of all the developments for which sales history's are currently available (2009-2015).

We have compiled these sales histories for EACH of these developments for EACH of these years back to 2009. This is a HUGE amount of useful information.  To access all the sales histories, click on the following link, or go to Sales History on any of our websites, or visit:  

FYI, we may add more developments in the future. Also we can provide this same info for any development for any year upon request.

In a story which does not involve real estate but which is near and dear to the hearts of Grand Strand residents, in June the Coastal Carolina University (CCU) baseball team (the fighting Chanticleers) went to the College World Series in Omaha, Nebraska and won the National Championship. This wasn't just the championship for Division II or for small colleges - it was THE National Championship - for all universities including Division I. They had to beat number one ranked Florida and a host of other top 10 ranked teams to win.

Although this made national headlines as a "Cinderella" story, numerous sportswriters, opposing coaches and true followers of college baseball were not surprised that this school with less than 10,000 students (but growing rapidly) was able to win out over all the so-called national powerhouses. The reason is that CCU is a baseball powerhouse too and has been one for almost 2 decades. CCU has an extremely strong athletic program across the board with nationally ranked teams in several sports every year. In fact, one notable alumnus who played on the golf team a few years ago has had a pretty good year - Dustin Johnson.

There were dozens of local and national articles written about the championship run. Great publicity for the university and our area! I only included one article in my Press Releases (below) but you can Google dozens more. "CC Chants Win National Championship".

That's it for now. Check out this month's Best Buys.

Come see me at the beach!
May and June 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]

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.