Wednesday, March 29, 2006

Expert Myrtle Beach Oceanfront Real Estate Assistance

Many times we find that there are a number of people who come looking to purchase a Myrtle Beach Vacation Home or Myrtle Beach oceanfront condos but don't know where to turn to get the best help available in the area. That is why we put together this list of four Myrtle Beach property experts. We aranged them in alphebetical order as they all are equally capable to assist you with your real estate and condo purchase needs.

What you need when you are looking for a capable real estate agent to assist you in buying Myrtle Beach vacation homes, residences, or condos is someone that is familiar with the area and can help you to identify the best areas of Myrtle Beach to explore. This quality list of agents showcases those that have the ability to help you make the perfect purchase.

Tuesday, March 28, 2006

Myrtle Beach Schedules Upscale Changes

With visitors reaching the millions coming from just the East Coast every summer, Myrtle Beach will have some upscale changes to show them when they return in the future. This so-called urban village will showcase a shopping district including stores, restaurants, and a theatre as well as thousands of upscale homes just a couple of blocks from the ocean on what was previously known as the Myrtle Beach Air Force Base.

On Thursday, March 23, 2006, RWO Acquisitions announced their plans for Withers Preserve, which is providing 2,000 upscale residences as well as a new boulevard decorated with live oaks and black post lamps which lead the way through the old base. This new development is offering people the opportunity to be able to leave their cars at home while they walk to the nearby shops and recreation areas.

Many feel that this new housing development merged with the upcoming changes at the site of the old 11-acre Pavilion amusement park will give the area a very “trendy” image.

The Grande Strand boasts a mere 13 million visitors each year, who come to enjoy their 60 miles of beaches stretching from the North Carolina state line on down to Georgetown. The greatest percentage of visitors comes from it’s neighboring state of North Carolina followed by New York, Pennsylvania, Ohio and Virginia according to the Myrtle Beach chamber of commerce.

This will however, be the last year that the Pavilion with its kiddie rides, carousal and roller coaster stays open. The complex has lost money in its recent years and it is being considered to develop hotels, shops, and other attractions on its site. The plans expect to be released over the next several months.
Brad Dean, the Myrtle Beach chamber of commerce’s president and chief executive was quoted as saying, “With the Pavilion, it’s the end of an era but it will also spark massive redevelopment in downtown Myrtle Beach.” He also said that it will “raise the profile” on Myrtle Beach Condos and residential development.

Thursday, March 23, 2006

Plenty of Myrtle Beach Condos Still Available, But Sales Are Down a Bit

Even though there are quite a bit more units on the market, condo sales dropped during the month of February in Myrtle Beach, also known as the Grand Strand, when comparing it to the same month as last year.

However, at the same time, single family home Myrtle Beach real estate sales were boosted by 28% in comparison.
This market analysis is a sign that real estate sales for the single family home markets are experiencing an increasingly high demand. But due to the overwhelming increase in “condo inventory”, in particular condo conversions, it has caused a slowing in the condominium sales market.

South Carolina properties saw a dip in sales across both homes and condos among several of their coastal markets.

The benefit of the increasing stock of residential properties and vacation homes will assist in making real estate prices more affordable in Myrtle Beach and the Grande Strand area.

Other South Carolina areas saw a huge surge in sales such as Greenville real estate rising a reported 58% from February of 2005.