Myrtle Beach, SC Real Estate News

By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
The Myrtle Beach area is currently in a buyer’s market.  With prices stable to falling, now is a great time to consider purchasing condos in Myrtle Beach.  Known for its 120+ golf courses, many tourist attractions, and low cost of living, Myrtle Beach is a top US vacation destination and retirement location.  For those from the north looking to vacation or relocate to Myrtle Beach SC, here are some comparisons that may help to sway your decision:   Look how  $47,228 in Myrtle Beach has the equivalent buying power that $60,000 does in Baltimore: Salary Comparable Myrtle Beach Salary Baltimore $60,000 $47,228 D.C. $60,000 $40,135 Philadelphia $60,000 $45,260 NYC(Manhattan) $60,000 $27,354     Percentages represent Myrtle Beach’s basic necessities compared to the cities listed.   NYC Balti...
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By Myrtle Beach Real Estate
(Myrtle Beach Real Estate)
The Top Location in the Country to Buy Real Estate: Myrtle Beach, South Carolina There's never been a better time than right now to take advantage of the saturated buyer's market in Myrtle Beach, South Carolina where incredible real estate deals await amid a backdrop of sunny, blue skies, and an even bluer ocean. In an area that attracts millions of visitors and potential renters each and every year, and one that's expected to grow tremendously in the next decade, property buyers and real estate investors should seriously consider all of the many attractive benefits the Myrtle Beach area has to offer. The actual city of Myrtle Beach located in Horry County, South Carolina is home to approximately 25,000 residents with an estimated 240,000 more in the outlying metro area. Real estate dev...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
  1.  Replace "FRIED" with "BAKED', ‘GRILLED/BROILED', ‘STEAMED" or "RAW".   Plug in anything you want here:  Fried potatoes to Baked potatoes, Fried Okra to Steamed okra,  Fried chicken to Grilled chicken...  You get the idea... 2.  Replace sweetened, artificial drinks to pure drinks.  Sweet Tea to unsweetened green tea, Soft drinks to fresh squeezed juices, diet drinks to water.  Do you need a "pep me up" today?  Go by the health food store and get them to juice for you.   "Juicing" has live enzymes and nutrients that will help you elevate your mood & your health.  In a hurry?  While there, pick up a drink called "Synergy" (look for it in the fridge & keep it refrigerated).  It comes in many flavors, all of them palatable (not great).  It's a fermented Shiitake/Maitake drink.  If I dr...
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
Despite the real estate slump, rising unemployment, and foreclosures the overall US pending sales index, according to National Association of Realtors, is positive for the month of April.  Not only positive but has increased by 6.3% from March to April; the largest gain in at least 12 months.  Although positive for now, it is still 13.1% below April’s rates of last year.  Reasoning for this could be caused by significant home price drops especially in places like California, Arizona, and Florida where in some cases prices have dropped by 40%, discounting by banks that have repossessed, and low interest rates.  As far as the south, sales pending rates have risen by 4.6% from March to April but down by 22.5% from last year; the worst of the 4 regions.  However, the running average for pen...
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By Myrtle Beach Real Estate
(Myrtle Beach Real Estate)
Myrtle Beach Real Estate – Upside On The Beach One of the fastest growing communities in the US is the "Strand" – the stretch of cities starting at Myrtle Beach and extending north along the South Carolina coast to North Myrtle Beach. Geographically, all of these cities are build around the high water table and the pine bluffs in from the coast, and present beautiful beach walks and lovely scenic vistas for houses. Myrtle Beach is commonly referred to as the "Golf capital of the World", and was re-founded in the middle of last century as a resort community. Myrtle Beach has a median family income of around $28,000 per year, and has had stable home prices for the last three years, with most homes in the myrtle beach real estate market running around $225,000 or so, and new construction h...
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
If you are tired of seeing the rising prices of gas these days, consider switching careers so you can work from home. Many technology and real estate related jobs can mainly be done from home thanks to computers, cell phones and fax machines. When you have found the perfect job that gives you that kind of flexibility, you will want to find a new home where you will enjoy spending all of your time. After all, wouldn't you rather look out your windows during the day and see a nice beach scene or river view rather than your neighbors broken down car. When it comes to Myrtle Beach real estate, the ball is in your court. Now is the time to buy while other people are looking to get out from under their adjustable rate loans that are drowning them in debt.
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
When you live in Myrtle Beach, golf will likely become part of your life at some point. With over 125 golf courses in the area, most real estate for sale is likely close to at least one or more golf courses. After you have found your dream home in Myrtle Beach, you might consider seeking out a quality golf school in Myrtle Beach. After all, when friends or family come to visit and they want to play golf, you will want to be ready so you can head out to tee off with them. Get your swing perfected by getting your Myrtle Beach golf Swing Training at Chuck Wike Golf School.
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By Jan Chilton, Real Estate Marketing
In an effort to offset the higher gas prices and boost vacation sales for Myrtle Beach condos and resorts, several are taking advantage of "gas rebates". The Myrtle Beach Chamber of Commerce sent out a newsletter today that mentions some nice discounts and rebates being offered by Ocean Creek Resort, Grande Dunes, and others.  Like the old-time marketing of timeshares, this would be an ideal way for anyone interested in looking at Myrtle Beach real estate to take advantage of the discounts to visit for a few days and view some properties. Here are some of the vacation deals they mention in the newsletter: Litchfield Real Estate Company is offering a $50 dining card to their vacation guests.  Pawleys Island condos and Surfside Beach vacation homes would benefit from this nice offering. ...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Foreclosures:  These are the big Daddies of them all; the do or die, the final chapter.  It may take six months for these to go down, but when they do, that's it:  your property is history; you lose it!    In the states where a"Deficiency Judgment" is still an option, you still have 30 days to redeem your property by paying the bank ALL that you owe them, plus, plus, plus (the cost of the foreclosure process is not cheap and that gets added to the tab).  I'm yet to see a person redeem their property, but it does happen in the movies...    Anyway, if you don't come up with the money within the 30 days after the foreclosure sale, the property goes to someone else.     In the states where a Deficiency Judgment is not an option, or when a lender does not request a deficiency judgment, whic...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
I was talking with an agent friend of mine today and she confessed that she didn't know the difference between Short Sales, Foreclosures and REO's.   If an Agent doesn't know, I'm sure many others are confused as well.  Here is the scoop, and it's spread over the span of three posts, so you'll have to come back to my blog later for part 2 - Foreclosures and part 3 - REO's.   1.  Short Sale:    This is the name of the transaction where you owe the bank more than the property is now worth and the bank agrees to let you sell the property for less than what you owe the bank...  you sell short... short sale.    Say you purchased the property for $ 100,000, with 10% down; you now owe $ 90,000.  Because of the market, the value of your property is now only       $ 50,000.   You get an offer fo...
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By Myrtle Beach Real Estate
(Myrtle Beach Real Estate)
Hey Everyone! This is my first blog post on Active Rain! I am brand new here and look forward to having some fun and getting to know some people. My real estate sites are located below: Myrtle Beach Real Estate Myrtle Beach Condos For Sale Myrtle Beach Condo Sales Have a look! I will be sure to come back and add some useful information for everyone soon... Until Then! See you soon... Oh, and what's Myrtle Beach without golf! Here is a link to our Myrtle Beach Golf Package Website! Myrtle Beach Golf Packages
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
People have been coming to Myrtle Beach from all corners of the United States for decades for its relaxed and easy going lifestyle. As of 2000, Myrtle Beach’s population has grown by 25% giving the city approximately 29,000 residents at the end of 2007. As a result, there is a diverse variety of housing options in the area to choose from, including oceanfront condos, golf villas, luxury gated community living, and more. Myrtle Beach’s population isn’t the only thing on the rise; jobs in the area have increased by 4.16%. Many corporations have offices based in the area where the average commute time is estimated to be 15 minutes. If you are considering moving your business to this area, you will find that there is a large selection of Myrtle Beach commercial real estate available in the ...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Today's market is the best opportunity Buyers have had in eons.   2005 was our banner year here at the Beach.   With prices skyrocketing and investors flipping properties like french chefs flipping savory crepes:  up they went and when they landed back in the pans that was another $ 100,000 in their pockets...     Then brutal reality set in: a paralysis of the market that gained momentum throughout 2006 and 2007, culminating in some amazing price slashing in 2008.  Driven by an entirely new favorite called short sales and foreclosures, this market will make some lucky buyers rich almost overnight.  Fact:  God does not create any more Beach. Fact:  The baby boomers have started the retirement process. Fact:  Millions of baby boomers will be retiring on the sunny coast of North and South...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
There is alot of talk about how great the short sales really are. Are they a really great deal? Well, that depends! Needless to say, have you Realtor do a comparative market analysis and compare. Just two days ago I previewed two different units in the same building. One was a foreclosure at 54,000 Unit 2 was a short sale for 66,000. So there you have it in black and white, not always a good deal.     Chris Webster Always there when you need me!     North Myrtle Beach Real Estate Guru   Myrtle Beach Real Estate
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
Willoughby Place is a small community located in the Heart of Myrtle Beach, SC  right off of the Robert Grissom Parkway.  Conveniently place within 2 miles of the beach make this a popular location. The units are spacious 2 story units with an attached 1 car garage.  Amenities include community pool. For more information about Willoughby Place, or Myrtle Beach Real Estate, call Jeremy Blanton or Dennis Blanton REALTORS® with Coldwell Banker Chicora Real Estate at (843) 222-9402. We can help you with all of your Myrtle Beach, SC and Horry County real estate needs. Contact Us Today!  
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By Kristin Small, REALTOR -GRI, Myrtle Beach Real Estate
(RE/MAX Southern Shores)
Below is the market report for the Brighton Lakes neighborhood in Carolina Forest of Myrtle Beach, SC.  This information is current as of June 6, 2008.  This information is obtained from the Coastal Carolina Association Of REALTORS® MLS.  Brighton Lakes is a new community in Carolina Forest, so this is information is not all-inclusive.  This neighborhood still has a sales office, so this information may not include the inventory that the sales office has.  For more current and detailed information, call David and Kristin Small with Eagle Realty in Myrtle Beach, SC. Brighton Lakes Market Report As Of June 6, 2008 Current Homes On Market 4 Current Price Range Of Homes On Market $449,900-$599,900 Average Price Of Homes On Market $498,675 Total $ Amount Of Available Homes $1,994,700 Heated ...
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
One of my favorite shows to watch over the past few years is Flip This House. About 2 years ago, one of the showes was produced here in Myrtle Beach on an ocean view home. The home was a home located in one of the prime areas of Myrtle Beach, but needed some work. The "flippers who renovated the home added a new kitchen, new floors, new landscape & exterior paint. The typical things you see on the show. As always, the show ended with the ominous Open House where they showed many people viewing the property and as usual end the show with the update on the property. This one, they ended with "Several of the buyers who looked at the home had high levels of interest and this home should be sold in the next few days." One of the other things they discuss is the price the property was purchas...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Although money NEVER motivates me, the business of Real Estate certainly does.  I'm the kind of person that talks to everybody beyond the perfunctory, "Hi, how are you?"  I know many details about the cashier at Wal Mart, the Health food store clerk, the farmers' market owner.  I just like people; I am always revealing myself and in return they do the same.  It's always entertaining to see their faces when they ask "How's business?" and I give them my usual answer: "It is so busy!"  They've asked me dozens of times, they always get the same answer, yet they still seem surprised by my answer (and yes, I have received referrals from some of them). My business is different than it was last year and the year before.  Like life, the business of Real Estate is ever-changing.  Learning how to ...
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By Nancy Siau, Selling Coastal SC
(The Lachicotte Company An Exclusive Affiliate of Christie's )
                                         We have a great line up for the Sun Fun Festival this year.  Many of the events are scheduled and located in the Market Commons area for the first time.  It's a great time to visit and take advantage of these complimentary events and remember to thank the many sponsors.  Visit this link for more information http://www.sunfunfestival.com
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
There are currently 7,740 condos available for sale in the Myrtle Beach area.    The least expensive unit is priced at $ 30,000.  It is a 450-500 sq. ft. efficiency (studio) at Covenant Tower in Myrtle Beach.  The HOA fees for this unit are unusually high- $ 585 per month, but this is a 55 and over community and EVERYTHNG is included in that HOA fee:  building insurance, water, sewer, electric, pool maintenance, cable, as well as evening meals, basic laudry service, basic transportation service and housekeeping.   At first I thought these HOA amounts were outrageous, but this is more like a retirement building allowing its senior citizens the advantage of an easy lifestyle.    Since this is such a specialized product, the next regular condo, on the cheapest scale is a 400 sq. ft. effici...
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