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 [...]

A Growing Myrtle Beach Housing Market

Myrtle Beach continues to see growth in the housing market as the Grand Strand approaches its beautiful summer months. Zillow, an online real estate database, reported that home values in Myrtle Beach have risen 9.4% over the past year, with the median home value for Myrtle Beach sitting at $111,000 for February 2014. The median price of [...]

Are You Getting a Good Deal?

Buying a home or condo is an exciting event, but one that can leave many homebuyers wondering if they got a great deal. Following are four questions that you should ask yourself to help determine whether or not you’re prepared to find the right deal for you. 1. What does a great deal look like [...]

Full Steam Ahead….Sort of

Back in mid-2012 we began reporting that the Grand Strand real estate market was poised for growth. In late 2012 the market began seeing light and continued improvements, setting single-family home sales records for 2013. There were many factors contributing to the growth for The Grand Strand last year, factors that included ample inventory of [...]

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 [...]

What The Market Says About 2014

The housing market is moving along at a strong pace early in this first quarter of 2014, with new homes coming on the market and still-low mortgage rates inviting home owners, both new and old, into the market. But what do the numbers say about the recovery and what is to be expected in the [...]

Housing Market Outlook for 2014

This new year starts with a change in the current economic recovery. The Fed will now be purchasing $40 billion in Treasuries and $35 billion in Mortgage bonds, instead of the $85 billion purchased in Treasuries and Bonds in years past in efforts to stimulate the economy. The Fed’s latest tapering of it’s Bond purchase [...]

Santa’s Market Outlook

Sleigh bells ring, are you listening . . . Recent market news and market activity for the rest of 2013 could have a big impact on where home loan rates go as we head into the new year.  Freddie Mac reported Thursday that the 30 year fixed rate mortgage rate averaged 4.42% for the week ending [...]

Grand Strand 4th Quarter Looking Good

Economic data and reports reveal that it’s still an opportune time to become a home buyer in the Grand Strand. If you’re considering entering the market as an investor, second-time home buyer, or buying your first home, there is ample time and opportunity here in the Grand Strand and Myrtle Beach to find exactly what [...]

This Week’s Market Review for the week of October 28, 2013

This week’s market report features news of an unsatisfactory jobs report and a falling unemployment rate, both of which give those wishing to buy a home during this fall season opportunities to purchase, with still-low home loan rates. Jobs and Unemployment The Labor Department expected 183,000 new jobs to be created during September, however the [...]