The Myrtle Beach and Grand Strand area are seeing an influx in new homes, existing home sales, and an overall increase in property values throughout the area. Due in part to the popularity of this sought-after vacation destination, the real estate growth and expansion within Myrtle Beach is creating an ideal market for those wishing [...]
Myrtle Beach Real Estate Growth
May 3, 2013 by Leave a Comment
Market indicators point to a national real estate industry powering economic growth in many areas throughout the US. As reported by Bloomberg, the S&P/Case-Shiller index indicates that residential real estate prices have reached their highest growth rates since May of 2006 during the month of February, another indicator to a strengthening housing market. Sticking to the national [...]
Grand Strand Residential is Up and Up
April 12, 2013 by Leave a Comment
The Grand Strand The momentum of 2012 has carried over into 2013 in Grand Strand residential and condo properties. Sales activity is up double digits and prices are rebounding. Sales activity showed a robust increase of 11.5% in March of this year compared to the same month a year ago. There is reason for optimism — there [...]
Capitalize on the Growing Myrtle Beach Housing Market
March 16, 2013 by 3 Comments
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
March 9, 2013 by Leave a Comment
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, [...]
The Grand Strand Residential Outlook for 2013
February 1, 2013 by Leave a Comment
The Grand Strand 2012 proved to be a welcome improvement for the Grand Strand area over the last few years in terms of sales performance for all property classes (single-family residential, condominium, and residential lots). There is little doubt that historic low interest rates provided that boost for sales activity. With sales on the rise, [...]
Capitalizing on the Housing Window
January 19, 2013 by Leave a Comment
Economic news coming out of the housing sector as well as other economic measurements reveal a seemingly recovering and growing housing market, thanks to continued low mortgage rates which have helped spark this growth. As the housing market continues to experience growth, especially within the Grand Strand, the window for purchasing a home with these [...]
Good News in Housing
October 26, 2012 by Leave a Comment
Last week we experienced a double dose of good news with regards to housing. The figures for Housing Starts reflected a 15 percent rise in September which was the fastest pace in over four years. Also Building Permits increased by more than 11 percent. This is good news because Building Permits reflect a sign of [...]
More Encouraging Myrtle Beach Market News
October 19, 2012 by Leave a Comment
Last week, there were several reports containing good news. The good news on the labor front was last week’s Initial Jobless Claims, which fell to 339,000. This is the lowest level in over four years. Along with this drop came word of the drop in the unemployment rate to 7.8% in September. Along the same [...]
Grand Strand Real Estate Market Regaining it’s Health
October 19, 2012 by Leave a Comment
According to Gene Carter, real estate agent with the Hoffman Group, “the residential real estate market along the Grand Strand is continuing to regain its health. Recently released stats back up the trends that agents are seeing on the streets. For one thing, distressed sales are becoming less of a dominant force as the number [...]
