Tell us a little bit about yourself. I’ve been in real estate a little over 26 years. I ran my own company for 18 years during that time period. I’ve been with the Hoffman Group now for about two years. I specialize mainly in resort condominium sales, primarily ocean-front properties, but I do sell other [...]
More Good News
October 11, 2012 by Leave a Comment
The Labor Department’s recent Jobs Report shows that 114,000 new jobs were created in September with 104,000 coming from private sector gains. This number was lower than expected though the good news is that the jobs numbers for July and August have been revised to a much higher number. More good news has come out [...]
Inside This Week’s Market News Report for the Week of October 4
October 4, 2012 by Leave a Comment
This past week’s final reading of the GDP for the second quarter was a weak 1.3%, despite a sizable downward revision to previous GDP estimates. With the GDP being one of the broadest measures of the economy, this is significant news. Additionally, Durable Goods Orders came in at a surprisingly low amount, which speaks to the improvements needed to fix the [...]
Myrtle Beach Condo Demand On The Rise
October 3, 2012 by Leave a Comment
According to John Kim, real estate agent of the Hoffman Group, Myrtle Beach condo sales are up 7.9% over last year. John Kim tempered his comment on the rise in sales with some tepid caution, he said, “While sales are up, prices of condos are still level and in some cases prices are still dropping in the [...]
The Current State of Home Loan Rates
September 28, 2012 by Leave a Comment
With last week’s news that the Fed would commence another round of Bond buying, or Quantitative Easing (QE3), there was a lot of action in the financial markets. This has had a positive effect on home loan rates. Quantitative Easing is the concept of the Fed buying Treasuries and Bonds all in an effort to [...]
The Hoffman Group Spotlight: John Kim
September 28, 2012 by 5 Comments
What made you decide to be a real estate agent? A few years back when I was thinking about buying a house myself, I felt like I was not able to find an agent that I clicked with or who I felt provided the kind of service I thought I needed. So one of the [...]
The Fed Announces Another Round of Quantitative Easing
September 21, 2012 by Leave a Comment
This past week the Fed announced another round of Quantitative Easing, or QE3. QE3 allows the Fed to become a buyer of Treasuries and Bonds in order to stimulate the economy. This is typically initiated when the Fed is hoping to create inflation and avoid deflation, to lower the unemployment rate, and/or to boost Stock [...]
Myrtle Beach: Buying a Home or Condo
September 21, 2012 by Leave a Comment
Myrtle Beach offers numerous things for vacation-goers and permanent dwellers alike. If you are thinking about moving to Myrtle Beach and buying a new home or condo, it’s important to know what you are looking for before you begin the buying process. Initiating your search without a basic framework of what is important to you [...]
Inside This Week’s Market News for the Week of September 14
September 14, 2012 by Leave a Comment
This past Friday the Labor Department announced that the number of jobs created in August amounted to 96,000, well under the expected number of 130,000. Reportedly, only 103,000 private sector jobs were created, while government job losses were at their expected levels. Strangly, the Unemployment Rate dropped from 8.3% to 8.1% – possibly due to [...]
Myrtle Beach Mayor: John Rhodes
September 14, 2012 by Leave a Comment
Mayor Rhodes, how long have you been Mayor of Myrtle Beach? I’m in my 7th year as mayor of Myrtle Beach. That’s a long time. Not when you’re having fun. It’s an honor and a privilege to be able to represent a community and a resort like we have in Myrtle Beach. It’s not [...]
