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Myrtle Beach, SC Real Estate News

By Jan Chilton, Real Estate Marketing
Wall Street Journal columnist Cyril Moulle-Berteaux predicts the real estate slump will end in 2008, in his recent opinion column The Housing Crisis is Over. He makes a very good argument for his opinion, reminding us that the current housing bust is now nearly 3 years old!  Hard to believe, isn't it?  2005 saw the peak of it all, when we were getting 50 leads a day and realtors were little more than order-takers.  Here it is in mid 2008, and real estate agents everywhere have left their careers, many because they came on board when they didn't have to SELL, but do little more than answer the phone, reply to emails, and cherry-pick the leads. According to the journalist, New Home sales are now down 63% from then, and new construction is less than 1/2 of what it was, back to the levels o...
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By Kristin Small, REALTOR -GRI, Myrtle Beach Real Estate
(RE/MAX Southern Shores)
Here is the market report for Turnberry Park in Carolina Forest of Myrtle Beach, SC.  This report is current as of 5/10/08.  As always with the Myrtle Beach real estate market, this information is constantly changing.  For more detailed and updated information, call David and Kristin Small with Eagle Realty in Myrtle Beach.  It is wise to always consult a real estate professional before making any decisions.  Myrtle Beach Real Estate Market Report- Turnberry Park Current Condos On Market 15 Current Price Range Of Condos On Market $125,000-$159,900 Average Price Of Condos On Market $140,626 Total $ Amount Of Available Condos $2,109,399 Heated SqFt Range Of Available Condos 950-1300 Current Condos Pending 0 Current Price Range Of Condos Pending N/A Average Asking Price Of Pending Condos N...
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
  o, the weather forecast has not said that it will rain for the next 9 days in Myrtle Beach. The thunder I refer to is the continuous rumbling of thousands of Motorcycles across the area as bikers have traveled from around the country to Myrtle Beach, SC for the annual Bikers at the Beach. Reports estimate hundres of thousands of bikers to be in the area this year for the event. To give everyone an idea what it is like, here are a few pictures taken at the intersection of my office just a few moments ago:                           To get the full effect, I made a short video so you can hear the rumble!   If you are planning on attending this years event, thereis a great event map online here.    
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By Joan Inglis, Master Accredited Staging Professional, Home Staging, Model Merchandising, Interior Design
(Carolina Spaces, LLC www.CarolinaSpaces.com)
I I recently completed staging Unit #406.  It is an exceptional property ready to show and sell! Direct oceanfront residence which has been converted into a 3BR/2BA from the original 2BR/2BA. Residence has one of the largest decks overlooking the Margate pool and ocean. Features include club floor location, never been rented, granite countertops in kitchen & baths, wood cabinetry, stainless steel appliances & a jacuzzi tub in the master bath, marble flooring. Spacious rooms throughout with plenty of storage space.  Listing agent - Eric Miller 800-382-3332  
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By Kristin Small, REALTOR -GRI, Myrtle Beach Real Estate
(RE/MAX Southern Shores)
Here is the market report for Sawgrass East in Carolina Forest of Myrtle Beach, SC.  This report is current as of 5/9/08.  As always with the Myrtle Beach real estate market, this information is constantly changing.  For more detailed and updated information, call David and Kristin Small with Eagle Realty in Myrtle Beach.  It is wise to always consult a real estate professional before making any decisions.  Myrtle Beach Real Estate Market Report- Sawgrass East Current Homes On Market 23 Current Price Range Of Homes On Market $137,900-$177,975 Average Price Of Homes On Market $158,316 Total $ Amount Of Available Homes $3,641,270 Heated SqFt Range Of Available Homes 1000-1700 Current Homes Pending 0 Current Price Range Of Homes Pending N/A Average Asking Price Of Pending Homes N/A Number ...
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By Dennis Jennings
(Slemp Brant Saunders & Associates Insurance)
As of May 8, 2008 there are currently 79 homes listed for sale in Plantation Lakes of Carolina Forest in Myrtle Beach, SC. Over the past 6 months there have been 15 homes sold at an average sale price of $533,689. There have been 9 homes sold since Jan. 1, 2008 and there are currently 7 homes under contract. For all available homes click here PLANTATION LAKES
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
Here is a summary of my day:   1.  Wrote three offers for three different Buyers. 2.  Countered the counter to the counter on another offer. 3.  Took two listings.  Does anyone want a 15 lot subdivision already permitted and ready to go?  A steal at only $ 250,000!!!  (...And, yes, the developer is losing his shirt...) 4.  Followed up on three closings happening on Friday. 5.  Brought two different buyers a step closer to making the offer (maybe tomorrow?) 6.  Negotiated two new offers for my Seller clients. 7.  Forgot to call a lead back and provide information promised.  (Oops?)   ...A Whole Lot of Offers Going On...   It is not unusual to write 10 offers for every offer that actually closes.   The deals die not only on the negotiating table, but also afterwards, due to financing, HOA...
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By Kristin Small, REALTOR -GRI, Myrtle Beach Real Estate
(RE/MAX Southern Shores)
Here is the market report for the Covington Lake East community in Carolina Forest of Myrtle Beach, SC.  This report is current as of May 5, 2008.  As always with the Myrtle Beach real estate market, this information is constantly changing.  For more detailed and updated information, call David and Kristin Small with Eagle Realty in Myrtle Beach, SC.  Covington Lake East is a new community that still has a sales center on-site.  This data is from the Coastal Carolina Association Of REALTORS® MLS and does not include information from the on-site sales center.Myrtle Beach Real Estate Market Report- Covington Lake East Current Homes On Market6Current Price Range Of Homes On Market$399,900-$499,900Average Price Of Homes On Market$464,950Total $ Amount Of Available Homes$2,788,500Heated SqFt...
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By Dennis Jennings
(Slemp Brant Saunders & Associates Insurance)
Soon the Bikers will be visiting the Grand Strand.  Please remember to drive safe and defensively over the next several weeks.  Most visitors are not familar with some of the quirks and kinks in the local traffic flow so we all need to do our part to make this a safe event, even if we are not directly involved.  Please take an extra few seconds while driving to be aware of motorcycles and pedestrians alike.
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
One of the greatest attractions of Myrtle Beach is it's fine food establishments. I once heard someone say that there are enough restaurants in Myrtle Beach for a person to eat 3 meals a day, 365 days a year and never eat at the same place twice! Over the next few weeks I will be discussing some of my favorite places to eat here. But, in the meantime, let me share with you a wonderful resource to find great information on many of the restaurants in Myrtle Beach. At Myrtle Beach, SC Restaurants site, you will even find reviews by customers that have visited as well as some pictures. So when you aren't sure where to eat, check it out!For More information about Myrtle Beach or Myrtle Beach Real Estate, feel free to contact me!
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By Amy Whiffen, REALTOR - Myrtle Beach Real Estate
(RE/MAX Southern Shores)
Today is Ben and Jerry's "Free cone Day"! April 29th is their 30th birthday and what a way to celebrate.  If you are in the Myrtle Beach area there are three local shops participating.  Two are at Broadway at the Beach: Ben & Jerry's Myrtle Beach (South)1303 Celebrity CircleSuite 125AMyrtle Beach, SC 29577843-444-1074 Ben & Jerry's Myrtle Beach II (North)1200 Celebrity CircleSuite 209Myrtle Beach, SC 29577843-444-0390 Ben & Jerry's Tanger Outlets (Myrtle Beach)10835 Kings Road SouthSutie 701Myrtle Beach, SC 29572843-449-4654 I hope you enjoy. When my kids and I went earlier the line was short and they had plenty of extra outdoor seating.  So go enjoy a walk around Broadway and a scoop of ice cream! Posted by Amy Whiffen - Myrtle Beach Real Estate Agent.  To begin your search for the per...
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By Craig Newchurch
(Myrtle Beach Real Estate)
It seems like all I do is read blogs in my spare time. Frankly I am picking them all apart for the purpose of self education through others experiences. I have found it to be overwhelming, some hot air, but mostimpotantly informative. I find it to be a great tool to improve ones skills. I was always taught by my parents that "The day you stop learning is the day you may as well have died". I always took that statement to heart and well it sometimes places me in that mode where I appear to be the kid in Kindergarten that does not stop asking questions. Some people love it and others hate it. It is me though. If I do know the answer, rest assured I will find it most expeditiously!That has been my motto for as long as I can remember. Yeah, even working at McD's or as a Telemarketer (embarr...
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By Bonnie Coast
(Coldwell Banker Chicora)
It's Surfside BeachDon't tell anyone but Surfside Beach is the best kept secret on the Grand Strand. I spend a good deal of my time in this lovely little town because my office is here. I currently have homes listed for sale here. I love taking my clients around this area and of course the Myrtle Beach area. The town is full of tree lined streets with sidewalks and a variety of residence, from single family homes to townhomes and condos. I love the local restaurants, especially those right on the beach. The views are so beautiful and many of those who live here are regulars so it's easy to get to know residents.If I need a book there's a library. If I just want to chill out I can relax in the park that is right in the center of town, next to the public tennis courts. Although, tourist c...
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
Magnolia North Magnolia North Market Report At this present time, Magnolia North has a total of 20 active listings.  This includes all 1BR, 2BR, & 3BR units.  Currently, there are 4 one bedroom units for sale.  Their prices range from $109,000- $135,000.  12 Two Bedroom units are for sale with their listing prices ranging from $143,500-$209,000.  The 2 Three Bedroom units are $239,000 and $243,900 respectively.   The prices can be varied some based on whether the unit is a ground floor unit, has a golf course view, is furnished, or if a garage conveys with the unit. Since January 1, 2008 there have been two units in Magnolia North that have sold.  The first was a third floor 1 Bedroom 1.5 Bath unit that sold unfurnished for $96,000.  The other unit that sold was a 2 bedroom, 2 bath uni...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
For the past...  too many months to count, I've been reporting monthly oceanfront sales of under 1.5%.    All of a sudden, halfway through April, we are seeing an amazing surge of activity, a HUGE increase in sales.  The jump is phenomenal:  from under 1.5% to almost 12%!!!  (in new "pending sales").  2008 Oceanfront activity just got RED HOT again!In the past two weeks, all my agents, including myself, along with many other top producers in the area, have done nothing but write new deals.  One per day, for me, thank you very much, for the entire last week (and I worked 7 days straight)!  Unbelievable!  What happened?  Did somebody turn on the Myrtle Beach Real Estate Buyer pipeline? Before all you Sellers get too excited, cool your jets!  Fantasy pricing is out the window.  Sales are o...
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
new home upgrades New home communities across the Myrtle Beach area have continued to become more customizable with their homes over the past few years.  Many of Myrtle Beach's top builders even now have "design centers" where you can visit and make your selections while viewing the different samples. You now customize almost any aspect of your new home.  It is important though that when making these choices that you do not let things get out of hand. When building a new home you have a budget in mind before hand.  As you enter the design center to select options & upgrades, that budget sometimes goes out the window.  I refer to the visit to the design center as "a kid in the candy shop" mentality.  Everything looks wonderful and you want one of each.  However, you can easily more than...
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By Jan Chilton, Real Estate Marketing
CNN compiled a list of the cities and markets that were suffering with foreclosures and lowered real estate values faster than the rest.  There weren't really many surprises, and thankfully Myrtle Beach homes and condos, though falling in price, are not yet on the list of the heaviest losers. CNN says they used data from a San Francisco based MLS tracking service call Zip Realty to compile the following: Number 10 on the list...Atlanta GA with prices down 7.1%, blamed on overbuilding in the condo market and high foreclosure rates in other, poorer counties in Georgia. Number 9 on the list...Detroit, MI with prices down 7.7%, blamed on the cities economic woes as much as the market.  Also the subprime lending in the Detroit area was heavy. Number 8 for losing market value...Jacksonville,...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
  Efficiencies Currently start @ $89,5002 Bedroom units start @ $159,900Currently there are 47 active listings at Sands Ocean ClubPrices range from $89,500 - $469,000Direct Oceanfront Efficiencies start @ $99,900Direct Oceanfront 2 Bedroom units start @ $225,000 for a short sale unit      This is Floorplan for Efficiency unit with North or South Ocean views Two Bedroom Suite Two Bedroom Executive Suite 3 Bedroom  Suite Amenities at Sands Ocean Club Resort24 Hour Front Desk AM/FM Alarm Clock All rooms non smoking Babysitting/Child Services Bar/Lounge Barber/Beauty Shop Beach Business Center Coffee Maker in Room Courtesy Car Fitness Center or Spa Free Parking Laundry/Valet Services Meeting/Banquet Facilities Pool Restaurant Room Service Safe Deposit Box Shops/Commercial Services Televisio...
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By Christopher Webster, Columbia South Carolina Real Estate For Sale
(EXP Realty, LLC)
http://www.myrtlebeachhomeandloan.com http://www.soldthebeach.com http://www.myrtlebeachhomeandland.com/ Direct Oceanfront efficiency unit Starting @ $86,500Oceanview 1 Bedroom units start @ $110,000Oceanview 2 Bedroom Starting @ $145,000 ~ All units are Angled Oceanview There are Currently 42 Active listings in the Palace Resort Best deal on the beach for a 2 Bedroom unit is in the Palace Resort.2 Bedroom units garner approximately 18 - 20K year GROSS Rental IncomeThese units should garner better income with the NEW Hard Rock Theme Park!       Oceanfron Sun Suite 1 Queen Bed, 1 Queen Sleeper SofaAngle Oceanfront 1 bedroomQueen Bed, 1 Queen Sleeper Sofa                                                                                                                                   Angle...
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By Jeremy Blanton, Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
(Myrtle Beach Homes Blog)
Magnolia North Magnolia North is a wonderful Golf Course Community in the heart of Myrtle Beach. Magnolia North conveniently located close to Carolina Bays Parkway (Hwy 31), the new Hard Rock Theme Park, Coastal Grande Mall, Broadway at The Beach, Myrtle Beach International Airport, Golf Courses, and is only 5 minutes to the Beach. Magnolia North features 1BR, 2BR, & 3BR condominium units. A limited number of these units have 1 car garages available also. Some of the great amenities of Magnolia North are the numerous outdoor pools and BBQ areas. These spacious units range anywhere from 700 square feet for a 1BR to over 1300 square feet for a 3BR unit. Some of the great interior features include crown molding, chair rail, ceramic tile and large rear balconies with an exterior storage cl...
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