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Archive for the ‘Myrtle Beach Condos’ Category
The Myrtle Beach Market Report for February 2013
Saturday, April 6th, 2013The Myrtle Beach Market Report provides month to month and year to date comparisons for the single family and condo transactions in the Myrtle Beach market.
CLICK HERE for The Myrtle Beach Market Report for February 2013
The Hoffman Group is pleased to share these statistical reports to help you better understand the current economic condition of the real estate market in Myrtle Beach, SC and surrounding areas. Distributed monthly by the Coastal Carolina Association of Realtors Multiple Listing Service, the data is deemed reliable but not guaranteed. You should always discuss such data with a trusted REALTOR before making any purchase decisions.
CALL US TODAY AT 1-877-671-5024 to speak with a REALTOR® sales associate and begin the search for the property that is best suited to your purchase needs.
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The Grand Strand Market Report for February 2013
Saturday, April 6th, 2013The Grand Strand Market Report reviews market trends from Horry and Georgetown counties through data that provides single family, condo, and residential lot statistics for current inventory and closed sales.
CLICK HERE for The Grand Strand Market Report for February 2013
The Hoffman Group is pleased to share these statistical reports to help you better understand the current economic condition of the real estate market in Myrtle Beach, SC and surrounding areas. Distributed monthly by the Coastal Carolina Association of Realtors Multiple Listing Service, the data is deemed reliable but not guaranteed. You should always discuss such data with a trusted REALTOR before making any purchase decisions.
CALL US TODAY AT 1-877-671-5024 to speak with a REALTOR® sales associate and begin the search for the property that is best suited to your purchase needs.
Adobe Acrobat may be required to view this file.
It is a free tool that allows you to view PDF documents online or offline.
Capitalize on the Growing Myrtle Beach Housing Market
Sunday, March 24th, 2013
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 you’ve been tossing around the idea of selling your home or purchasing a primary or second home in the Myrtle Beach area, you’ve found yourself at an optimum time. Following are two factors to consider to determine if this is the right time for you to take advantage of the Myrtle Beach housing market.
1. Timing
The trends over the last several months indicate an increase in residential and condo prices. This is due in part to supply and demand. When supply shrinks, demand tends to rise and thus prices increase. Grand Strand condo inventory trends have shown a steady decline from June 2010 when there were 5,765 listings on the market to February of 2013 where there are only 4,143 listings. Also a help to increased prices has been the decline in distressed condo inventory which has fallen by 39% since August 2010. The trends thus point toward a rise in condo prices which is currently what the market is experiencing.
In regards to the Grand Strand residential inventory, there has not been as dramatic of a drop in inventory levels. The biggest decline though has been the drop in distressed residential listings where there has been a 30% decline over the last two years.
If these inventory trends continue, demand for both Grand Strand condo and residential properties should rise, which will also mean higher prices.
Come see The Cottages at Seventh furnished models!
Sunday, March 17th, 2013
Beyond the twin entrance gates at 7th Avenue South in North Myrtle Beach, the developer has created an Islands-inspired “oasis” that promises to provide everything you desire in your beach home lifestyle.
The two or three bedroom beach cottage floor plans, named after popular South Carolina islands, are available in either a 2-story townhouse style or a 1-level plan. Each cottage also features a golf cart garage, fully-equipped kitchen, and multiple upgrade options.
The varying hip or gable lines of the glistening metal roof and the tropical colors of the HardiPlank siding on the four and five-plex buildings contribute a low-key, easy-living environment. In addition, street names and community areas play on the famous nightlife scene of the Main Street clubs in North Myrtle Beach’s Ocean Drive section.
The 7th Avenue South location provides centralized access to both North Myrtle Beach and Myrtle Beach. Across from the main US Post Office on a residential non-through street, the site is an easy golf cart ride to the beach and convenient to shopping, restaurants, family amusements, theatres, and all the other attractions the area is famous for.
The Myrtle Beach Market Report for January 2013
Sunday, March 3rd, 2013The Myrtle Beach Market Report provides month to month and year to date comparisons for the single family and condo transactions in the Myrtle Beach market.
CLICK HERE for The Myrtle Beach Market Report for January 2013
The Hoffman Group is pleased to share these statistical reports to help you better understand the current economic condition of the real estate market in Myrtle Beach, SC and surrounding areas. Distributed monthly by the Coastal Carolina Association of Realtors Multiple Listing Service, the data is deemed reliable but not guaranteed. You should always discuss such data with a trusted REALTOR before making any purchase decisions.
CALL US TODAY AT 1-877-671-5024 to speak with a REALTOR® sales associate and begin the search for the property that is best suited to your purchase needs.
Adobe Acrobat may be required to view this file.
It is a free tool that allows you to view PDF documents online or offline.
