Richard's Blog

With the number of foreclosed properties in Myrtle Beach on the increase, it makes sense to include them in your search for the perfect purchase. But buying a foreclosed property, especially in today’s financial environment, is very different from what you may be familiar with. We’ve watched a lo...

Allegiant Air will begin flying to Myrtle Beach April 30 with service to Huntington, West Virginia and Allentown, Pennsylvania. This is great news for Myrtle Beach on top of last Sunday’s inaugural nonstop from Chicago on Spirit Airlines. More flights = more tourists = more tourist dollars = more...

Cold winter? Wishing you could play a round of golf that doesn’t involve an ice pick? Have three friends that feel the same way? The airline formerly known as Myrtle Beach Direct Air has announced a special promotion for golfers (although it will work for any group of four). Here’s how it works. ...

After the Obama Administration’s 2010 budget was released last week, housing industry experts quickly scoured the details for anything that would adversely affect homeowners. We were especially interested in how it would affect Myrtle Beach real estate owners. As currently drafted, the plan chang...

The home building industry’s trade magazine has ranked Myrtle Beach in their list of “Healthiest Housing Markets for 2009.” The list, compiled by a review of home prices, jobs, building permits and population, included Myrtle Beach as number 15 on their list. Myrtle Beach stood out due to our pop...

As of Sunday, February 22, 2009: 248 of 2,913 oceanfront condos in our MLS are pending. That’s 8.5% of the available inventory. 479 of 5,644 single family homes in our MLS are pending. That’s 8.5% of the available inventory. This represents almost twice as much activity than the averages we’ve se...

Kent Johnson, a Broker/Associate in southern California, shares this new real estate trend: A new condo listing of mine received an acceptable offer this week after ten days on the market and brisk activity:  twenty showings, two offers, and two more offers threatening.  The model match unit (a f...

Earlier this week, we asked how many signs you needed as “proof” that the real estate market was beginning its turnaround. Now, economists and media outlets no less important than The Wall Street Journal are joining us in shining a positive light on real estate for 2009. Mark Zandi, Economy.com’s...

As posted on our website last week, Price & Company Realty has learned that a group of investors has purchased the assets of Hard Rock Park for $25 million and plans to reopen the park by Memorial Day 2009. Baker Leisure Group, one of the investors, is also a theme park management company, and ha...

So, everyone wants to know the bottom line… What does the final version of President Obama’s stimulus package provide for Myrtle Beach real estate buyers? First, the tax credit goes up from $7,500 to $8,000. Second, the repayment requirement goes away, except in cases where the home is sold in th...