May 2010

Pawleys Island and Litchfield Beach are located just 30 minutes south of the Myrtle Beach Airport. Both of these areas are known for the beautiful beaches, award winning golf courses, fabulous restaurants, and much more. Pawleys Island is known as one of the oldest summer resorts, and continues to attract many of the same families year after year. Both of these areas have continued to see an increase in residential development as more people continue to move to the low country. So how is the real estate market in Litchfield Beach and Pawleys Island?

April and May 2010 has seen a drastic increase in real estate sales and sales volume when comparing to the same months in 2009.  Below are some statistics taken from the MLS that are very encouraging for the…

Garden City Beach and Surfside Beach are both just south of the highly recognized Myrtle Beach vacation destination. With the recent collapse in the economy oceanfront homes in both Garden City Beach and Surfside Beach have become much more affordale.

As of May 29th, 2010 there are currently 11 oceanfront homes for sale in Surfside Beach and Garden City that are listed for less than $1,000,000. These homes range from 4 to 7 bedrooms with private pools, shared pools, or without a pool. So what about the prices? Asking prices for these homes range from $599,900-$999,900. Two of the homes currently listed for less than a million are foreclosures. 

The home pictured below is an oceanfront foreclosure, that is only a few blocks north of Garden City pier.…

Carolyn Capalbo - Lady Mondegreen strikes again! Virginia Real Estate Professional is mistaken for a hot mamma involved in a "hotter than life" media scandal.

What's in a name?

In real estate, your name and reputation are often all you have; in fact the success of many REALTORS is defined by who actually knows your business exists. But imagine being a professional REALTOR carrying about your daily activities; selling homes, writing contracts - when suddenly your telephone starts to ring, a lot. Were not talking about prospective clients who found your name or your website thanks to your fabulous marketing and SEO skills; we’re talking about multiple phone calls from major news, print, and media networks such as NBC, ABC, CBS News, New York Times,…

Like all coastal areas across the country oceanfront homes in Garden City and Surfside Beach, SC have seen a drastic reduction in prices over the last few years. This has created great opportunities for buyers that are interested in oceanfront property as a long term investment or family getaway. Many of these homes are at prices we have not seen in over 10 years.

Just a couple years ago many of these oceanfront homes were selling for more than $3,000,000. Now the same homes that were selling for over $3,000,000 are now selling for $1,500,000-$2,000,000. At Beach Realty we just sold one of the largest and most beautiful oceanfront homes on South Waccamaw Drive in Garden City Beach. This 8 bedroom 8 bathroom oceanfront home sold for $1,925,000. This…

Below is a Real Estate Market Report for the 1st Quarter of 2010. This report is provided by EF Hucks Associates in Pawleys Island. If you are thinking of buying in the Myrtle Beach area, it might be time to jump in as mortgage rates and prices continue to be at historic lows. 

There was better news again this quarter. For the second consecutive quarter, all three Counties have shown percentage increases in the number of units sold compared to the same quarter in the previous year.

Home Upgrades That Increase the Sales Price Of Your Home

When you decide to complete a major home improvement project you want to make sure that the value you add to the home is closely connected to the project’s cost. There are many upgrades that pay for themselves and allow you to sell your home for a higher price. Conversely, there are improvements that can cost a great deal without ever really adding any real difference to your home’s resell value. Let’s take a look at a few of the considerations, projects, and pitfalls when it comes to home upgrades that increase the sales price of your home.

How Long Will You Be In the Home?

Understanding the amount of time that you plan on living in your home is very important when it comes to planning for…

At Beach Realty we just listed a home that is not even two years old in Charlestowne Bays of Prince Creek. This home was built less than two years ago by CRG Construction. This home is loaded with upgrades and is only steps from the Bays of Prince Creek amenitiy center that includes two pools, basketball courts, clubhouse, outdoor fireplace and gathering area, volleyball courts, tennis courts, and much more.

This home has 3 bedrooms 2.5 bathrooms, and is 2,000 heated sq/ft. This home also has two living areas, custom cabinets, granite countertops, hardwood floors, upgraded trim, solid core 5 panel doors, tiled bathrooms, tile master shower with frameless shower door, trex decking on the back porch, stainless appliances and much more! This home also…

The difficult real estate market along the South Carolina coast and the rest of the country has led to short sales becoming more common nationwide. Whether you are considering buying a short sale home or condo, or need to complete a short sale to sell your home, it is important to understand what the process entails and how to increase your chance of a successful transaction.

What Is a Short Sale?

In brief, a short sale occurs when the lending institution allows a home to be sold for less than the mortgage amount. Up until 2007 to 2008 home prices had consistently gone up around the country for over a decade as the housing market boomed. Low interest rate financing was easy to get and plentiful up until the bubble popped and the boom became a bust.…