Grand Strand Spring Real Estate Trends

  During the first quarter of 2014, condos and single-family residential sales activity in Myrtle Beach and the surrounding areas increased quite substantially over the same period over the last four years. It doesn’t mean things are booming but it is a good trend and many local real estate professionals anticipate this will continue going [...]

Vacation Home Sales on the Surge

According to a recent survey conducted in March of 2014 by The National Association of Realtors®, “vacation home sales have risen strongly, while investment purchases have declined below the elevated levels seen from the previous two years.” Our own analysis of the Grand Strand residential market shows a surge in residential sales as shown here. The [...]

Grand Strand Condo Sales On The Rise

  The Grand Strand Condo Outlook The inventory for Grand Strand condos is showing an upward trend as illustrated on the above chart. This is typical for the season but the buzz on the street amongst area real estate professionals is one of continued optimism. Many agents are experiencing multiple offers with properties selling within [...]

Myrtle Beach Condo Sales On The Rise

Economic data which we’ll present here reveals that it’s still a great time to become a home or condo buyer in the Grand Strand. Condo inventory has pretty much leveled off during the last quarter of 2013 and is down about 3 percent when you compare the last 12 months. Because of the supply and [...]

Growing Myrtle Beach Condo Market Means Tighter Inventory

Since February of 2013 the Myrtle Beach area has seen the inventory levels for condos pretty much level off, with no substantial upward breakthrough or decline. However, distressed condo inventory has continued sliding, where there were only 483 distressed listings in May, 2013 compared to 801 in May of 2012. The supply and demand for [...]

Myrtle Beach Condos: Rent or Buy?

It’s easy to get information these days, just Google “Myrtle Beach: Rent or Buy?” and you will find over 4,590,000 results, that’s right 4.59 MILLION! It appears at first glance to be just the advice you want right at your fingertips. See for example Marie’s request, “I would like to purchase a condo in Myrtle [...]

Buying Your Second Home in Myrtle Beach

Myrtle Beach is one of the top destination spots in the United States, and with the housing market on an upward trend, it’s no surprise that many are now seeking to make Myrtle Beach their home away from home. The window for purchasing a home is near perfect as mortgage rates continue to remain at [...]

Capitalize on the Growing Myrtle Beach Housing Market

Now is the time to make a move – for buyers and sellers alike. The housing market is showing signs of a tepid economic recovery with housing prices showing improvement in many places across the country and mortgage rates continuing to remain near historic lows. How long will this continue? Nobody knows for sure. If [...]

Falling Mortgage Rates and Climbing Myrtle Beach Home Values

The prime window of opportunity to purchase a new house or condo in Myrtle Beach seems to be remaining open for the time being. If you’ve been debating with the idea of searching for a new home or condo, now is the time to make the leap and start the search for your new home, [...]

Grand Strand Condo Sales On The Rise

Grand Strand condo sales continue to experience a robust increase in sales activity. In spite of the seasonal downtick, there were 283 condo/townhouse sales in the Grand Strand area in January of 2013. This reflects a 38 percent increase in condo sales over the previous year for the same month. Decline in Supply Inventory levels [...]