Myrtle Beach, SC Real Estate News

By Kristin Small, REALTOR -GRI, Myrtle Beach Real Estate
(RE/MAX Southern Shores)
Below is the market report for Waterford Plantation in the Carolina Forest area of Myrtle Beach, SC.  This report is current as of 2/5/08.  For more detailed and updated information, contact David and Kristin Small with Eagle Realty at (843) 997-0021.  Waterford Plantation Market Report As Of 2/5/08Current Homes On Market22Current Price Range Of Homes On Market$249,900-$495,000Average Price Of Homes On Market$356,904Total $ Amount Of Available Homes$7,851,899Heated SqFt Range Of Available Homes1500-3200Current Homes Pending1Current Price Range Of Homes Pending$334,900Average Asking Price Of Pending Homes$334,900Number Of Homes Sold/Closed Since 01/01/081Price Range Of Homes Sold/Closed Since 01/01/08$350,000-$350,000Average Sold Price Of Homes Sold/Closed Since 01/01/08$350,000Average D...
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By Darlene "DE" Clark
(Buyers' Choice Realty)
Long Bay Estates/Upper Long Bay, THE BEST KEPT SECRET OF MYRTLE BEACH•·      PRIVATE BEACH ACCESS•·      PRIVATE BEACH PARKING•·      Located on the South end of Myrtle Beach•·      Just South of Myrtle Beach city limits (NO city taxes)•·      Near Myrtle Beach State Park•·      Minutes to Hwy. 544•·      Minutes to the airport•·      Minutes to Coastal Grand Mall•·      Minutes to The new Market Commons (Just think about all the new shops)•·      Away from the Myrtle Beach traffic but close enough to the activity Long Bay Estates/Upper Long Bay is a unique neighborhood, which started in 1958.  It's nestled between Myrtle Beach State Park and Pirateland Family Campground, just east of South Kings Highway in Myrtle Beach.  The neighborhood is made up of all sizes and style homes from sma...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Surprise her this Valentine's Day with more than a dozen roses: give her the Valentine's Day gift of a lifetime:  her very own oceanfront condo!Your Realtor (ME), can play Cupid and have rose petals strewn about your oceanfront bedroom.  Champagne on ice and everything naughty and nice for you and your sweetheart, in your very own Myrtle Beach Oceanfront Condo!  Valentine's Day in Myrtle Beach...  Good idea!Valentine's Day in your very own Oceanfront Condo in Myrtle Beach...  Superb idea!Let's get to work on this!  With over 2,638 oceanfront condos currently for sale, and prices starting at only $ 75,000, now is the time to buy!  For the asking price of only $ 76,900 you can have a top of the line condo at Landmark Resort, a Water themed oceanfront project with 15 Pools and a Water park...
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"Go west young man!" Forest-brook is a hidden gem soon to be discovered in Myrtle Beach. Just west of the Inter-coastal and soon to be minutes to the beach once the new bridge that will connect 17 Bypass crosses the Inter-coastal and joins Forest-brook Rd is completed. Get ahead of the curve, before the land value skyrockets.Would you believe under 50k for a lot in a great development with a community pool? Thats what you get at Sugar Mill. One end of Forest-brook Rd drops you off by the new Hard Rock Park, 501. The other rt 31/544 interchange that makes traveling to the seafood capital of South Carolina Murrells Inlet Inlet and further south to Pawley Island, a hop skip and a jump. Conway is a quck tirp. Central location to all, get in now, again, once the bridge over the waterway is c...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Yes, you heard it right.  A nice little "efficiency" (studio) was sold in November at Baywatch Resort, a lovely Oceanfront Three Tower Complex, only 3-4 years old, with plenty of amenities like lazy rivers, indoor, outdoor pools, gym, Jacuzzis, saunas, the works.  The condo may not have been in the best condition, it may not have had the best views, but the bottom line is: it makes $ 15,000 a year and it's right on the sand.  Did I mention that it sold for $ 69,000?Since October 1, 2007 until now, January 29, 2008, only 50 oceanfront condos have been sold in North Myrtle Beach, out of 637 similar listings.  That is only 7.85% of inventory sold for the entire 4 months, or a meager 1.96% per month.  If you are a Seller of Oceanfront property, that is very bad news.  If you are a Buyer, th...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
The Savvy Investors:             Can pull the trigger very quickly.  The procrastinators are always the same people who say: "I wish I had bought..."             Make educated decisions, not allowing emotion to enter into the equation.  The figures either add up, or they don't.   ...And unlike stocks and corporations' reports, they are public and accurate.  That is quite an advantage!             Understand that there is a money element in time (time is money).  Sellers are much more likely to relent on the price, if the time element is there (cash deal, no contingencies, urgent offer, etc).                        They Have Their Own People:  the Real Estate Professional, the Lender, the Attorney, the Accountant.  They pay top dollar for top advice and they are very happy to do it!  As ...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
EXTRA...  EXTRA...  YOU GOT IT HERE FIRST...  If you've been waiting for just the right time to delve into the Real Estate market in Myrtle Beach, wait no more!  With the myriad of choices, depressed prices, willing sellers and extra low interest rates, now is the time to start seriously hunting down those Real Estate Treasures.    I don't know about you, but we have been crazy busy in our Myrtle Beach Real Estate Market.  Buyers who until now have been waiting for just the right time to jump in, have started to intensify their searches, raising their sleeves and delving into the ocean of opportunities this area currently confers.  Sellers are willing to look at all offers.  Short sales, foreclosures, leases to own; you name it, we have it!  There is something for everyone:  the small a...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
Well there are a number of factors that go into the thought process!!! Do you have a small down payment?Do you like home ownership?Do you like to decorate your own way?Are you hany?Do you want to have a tax deduction?If you anwered yes to any of these, then you want to own!!!Credit Bad???If yes, you need a Lease Option!!!! If you answered no to the questions above, you need to rent. I specialize in Lease Option properties! If you have at least $2,000.00 you could be on your way to buying through a lease option.Last, but not least, Let me help you in your buying or rental decision. We also have lenders available to prequalify you for a FHA loan.Never know unless you try!!!http://www.myrtlebeachhomeandloan.com http://www.soldthebeach.com http://www.myrtlebeachhomeandland.com http://www.bl...
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By Joseph Skinner, Myrtle Beach Real Estate
(Skinner & Associates Realty)
FANTASTIC OPPORTUNITY FOR INVESTORS 1302 River Oaks Drive Unit A Myrtle Beach SC 29579 MLS: 800922  Price: $79,900 Already rented until 1/31/09 Lowest price of the community Fully furnished Can be rented short or long term Community pool Main level unit Lake view 1302 River Oaks Drive Unit E Myrtle Beach SC 29579 MLS: 800970  Price: $84,900 Fully furnished Lowest price of the community Good rental history Can be rented short or long term Managed by local rental company Main level unit These 1 bedroom/1bath condos are in great condition and are by far the best deal in the Fairways at River Oaks. The condos are located in the beautiful River Oaks Golf course, just minutes from all of Myrtle Beach has to offer and the sparkling Atlantic Ocean. Save even more: Make an offer on both condos ...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
Come on down! You are the next person to get a great deal.   Prices are great and the deals are moving!!! The number of solds and pendings are amazing for only the 20th day of 2008!   Land is the smart investment right now. While home and condo sales are really seeing an increase as well. It is also amazing how much commercial properties are selling already too. The flood gates are opening up. All I can say is Buy Now and Reap the rewards. Another great growth item is Hard Rock Theme Park! Homes for the workers and Vacation rentals for the guests. This will boost to our already lovely tourism numbers.   Take advantage of that tax return if you are getting a refund. I am probably taking about 50 or so calls a day. I will be so busy this year! Busy is good. The Man with a Plan Feel free ...
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0 1 of 10 Picture:10MLS #:800945Class:CONDO/TOWNHOUSEType:CONDOArea:Myrtle Beach 48th Ave N to 79th Ave NPrice:$149,000Address:105 Ocean VillasCity:Myrtle BeachState:SCZip:29572Status:ACTIVE  Event Comments:7509 N. Ocean Blvd. - Ocean Villas - Unit 105 Call Tim Guthrie (843) 446-5008 or Pam Guthrie (843) 446-3444Event Date:1/19/2008 11:30:00 AMEvent End Time:3:00:00 PMEvent Type:Open HouseEvent Group:7509 N. Ocean Blvd. - Ocean Villas - Unit 105 Call Tim Guthrie (843) 446-5008 or Pam Guthrie (843) 446-3444EMAIL:  Pam@PamGuthrie.comhttp://pamguthrie.com/officelistings/oceanvillas.html PUBLIC ADDENDUMWe have more pictures available and since the MLS only holds 10 photos, be sure to view the online virtual tour. Condo sleeps six with the private bedroom, sleeper sofa, and murphy bed which ...
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By Amy Whiffen, REALTOR - Myrtle Beach Real Estate
(RE/MAX Southern Shores)
We have established a new place to meet Wednesday mornings! The Rotary Club of Carolina Forest will now meet for breakfast and fellowship, 7am at Beef O' Brady's on Renee Drive in the Kroger Plaza of Carolina Forest just off Hwy 501.Whether you are in town on vacation or you live here and are just curious about Rotary and what we do, please drop by. Guests are welcomed any time! Feel free to contact me for more info: Amy Whiffen ~ 843-251-8358 ~ Amy@AmyWhiffen.comUpcoming Special EventsMarch 2, 2008   Miniature Golf Tournament Fund Raiser at NASCAR Speed ParkMay 10, 2008 Club Yard Sale  •·        Carolina Forest Rotary •·         Rotary International•·         Myrtle Beach area real estate 
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Home Sales in the Tarpon Bay Subdivision, Myrtle Beach, SC  - 2007 4 HOMES SOLD IN TARPON BAY DURING 2007 2 HOMES WERE LISTED BUT EXPIRED 4 HOMES WERE LISTED BUT THEN WITHDRAWN ALL HOMES WERE 3BR/2BA FROM 1100 SQ FT TO 1300 SQ FT HOME SALES WERE FROM $120,000 TO $153,000    RESIDENTIAL - Sold  Price  DOM  Total SQFT  DOM  LIST PRICE  $/Total SQFT  SOLD PRICE  $/Total SQFT  $120,000  30  1200  30  $125,000  $104.17  $120,000  $100.00  $123,600  86  1300  86  $139,900  $107.62  $123,600  $95.08  $130,000  41  1100  41  $129,000  $117.27  $130,000  $118.18  $153,000  54  1250  54  $159,000  $127.20  $153,000  $122.40           Avg    Avg    Avg    Avg    Avg           52   $138,225   $114   $131,650   $108  RESIDENTIAL Summary Statistics    High Low Average Median LP: $159,000 $125,000 $13...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
The media is disseminating such a dismal point of view of our current Real Estate market and a lot of agents are up at arms about it.  What do you expect for 50 cents?Journalists are not analysts.   In the Myrtle Beach area it took them about six months to deduce the shift in our market.  I caught on within two weeks of the shift, and I blew the whistle; my clients listened and shifted gears at that time and saved their fortunes.    In the midst of the change, the media kept portraying the market for what it no longer was, giving every small time investor who didn't have the benefit of my guidance, a cozy feeling to go ahead and pay those inflated prices of 2005.  Oceanfront condos in Myrtle Beach that sold for $ 330,000 at that time are now going for $ 170,000!   The media is saying to...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
LIST PRICE: SOLD PRICE: DOM: HIGHLOWAVERAGEMEDIANTOTAL PRICELISTING COUNT$569,900$73,900$258,590$204,900$8,792,07034$569,900$70,000$244,226$190,750$8,303,6868220256172 Here are the condo sales for the first two weeks of the year!Now tell me the market is dead.Just remember one thing!!!!2008 will be the year of the deal!2009 will be the year of last year was the better deal.Now do not let the deal pass you by as you are asleep!Ready for a deal? If so, go to my site: http://www.soldthebeach.com http://www.myrtlebeachhomeandloan.com   http://www.myrtlebeachhomeandland.com http://www.bloomingdealsonline.com Technorati Profile
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
LIST PRICE: SOLD PRICE: DOM: HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT $2,900,000 $59,000 $332,912 $229,900 $14,315,235 43 $2,300,000 $55,000 $305,959 $213,000 $13,156,267 603 20 168 139   43 Homes closed in the first two weeks in January 2008 is not bad for starters! These numbers are from the locals MLS. \ These numbers do not include FSBO properties! This only home sales!!! 2008 looks like it is gonna be the year of the deal. Come to Myrtle Beach and let me help you get your deal!   Feel free to contact me via email info@myrtlebeachhomeandloan.com Chris Webster Island Palms Realty 1091 Redi Mix Road Ste C Little River, SC 29566 Cell Phone: (843) 450-1915                http://www.myrtlebeachhomeandloan.com    http://www.myrtlebeachhomeandland.com    http://www.islandpalmsrea...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
I must admit I am guilty and have a problem! I been addicted for about a year now. This has been the best high that I have known. Well guess what? I am hooked on Active Rain!   I am starting a group call AR anonymous!!! I have a toll free number too! 1-800-AR ADDICT!! LOL Let me now get to the point. If you are overly addicted and find yourself losing track of other things in your life~ you might be an addict You have a spouse and forget they exist~ you might an addict You have forgotten you gave birth to your children~ you might be an addict Dust growing around your feet~ you might be an addict You have forgotten that you have been in your pajamas for days~ you might be an addict The only bill that you notice that is due is  the internet~you might be an addict   If this is you~you migh...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
What do you think on the latest news of the interests rate cuts? I say if there is no agressiveness in lowering rates SOON, there will be a definite recession.   In my opinion, I say have Feds cut rates to 0% for 1st year. 2nd year go to 1% interest. 3rd year go to 2% interest. 4th year go to 3% interest. 5th year go to 4% interest. 6th year go to a 5% interest rate! When rates reach the 5% mark, have that be the capping point. I do not think it takes a rocket scientist to see the math. Even at the 5% ~ banks still make a great profit! What happened to the saying? It is about quantity! With quantity comes quality. Wow~ I rattled alot here in a short bit of time! Post your opinion on my post and forward it on. Who knows, this might hit the desk of the FEDS!!!   Feel free to contact me vi...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Our stagnant market has duly impacted the building industry.  This week KB Home, a leading home builder that investors have viewed as well-positioned to ride out the downturn, posted a net loss of $ 772.7 million for the quarter ended Nov. 30.  Centex, Lennar, Beazer, DR Horton...  they are all hurting and they are all relinquishing their hold on countless land opportunities.  Those are the powerhouses of the building industry.  The small town builders, with less sophisticated modus operandi have been impacted even more severely.  With spec homes lingering on the market for many months, in areas bulging with Real Estate inventory, and with the dramatic surge in short sales and foreclosures, builders have been cornered in a very tight spot.   With specs to carry and bills to pay, many bu...
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By Pam Guthrie, Seaside Realty Co. Owner/Broker In Charge, REALTOR
(Seaside Realty Company)
"Always Mobile" (843) 446-3444Email:  Pam@PamGuthrie.comWEBSITE DOMAINS:PamGuthrie.comRealEstateForSaleInMyrtleBeach.comRealEstateForSaleInPawleysIsland.comSearchTheMLSinMyrtleBeach.comSearchTheMLSinPawleysIsland.comOceanfrontHomesForSale.us   Licensed Realtor for 25 Years !!Seaside Realty Company314-79th Ave. N.Myrtle Beach, SC 29572(In-home office: Pawleys Island, SC)  LIST PRICE: SOLD PRICE: DOM: HIGHLOWAVERAGEMEDIANTOTAL PRICELISTING COUNT$210,000$149,000$177,099$177,900$1,239,6997$0$0$0$0$00000 Project/Section CodeAsking PriceStatusUnit #BedroomsFull BathsHalf BathsMy Info 9 - Agent Name and PhoneMy Info 9 - Web Page OCEAN VILLAS $149,000 ACTIVE 105 1 1 1 Pam Guthrie - (843) 446-3444 www.PamGuthrie.com OCEAN VILLAS $159,900 ACTIVE 101 1 1 1 Pam Guthrie - (843) 446-3444 www.PamGuthr...
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