Existing home sales are going to total around 5.67 million for 2007, which will be the fifth highest on record. This number is expected to rise slightly to 5.7 million in 2008. Along with this projected upswing in existing home sales, there is also expected to be slight rise in median home prices in 2008.
For more information on local real estate trends and conditions please contact me today at 843-424-6900 or email me. You can also visit my Myrtle Beach Real Estate website to search all available properties and find useful information to help you sell your home.
Beautiful ranch home featuring a spacious living room & large owner's suite, both with vaulted ceilings. The kitchen includes a cozy breakfast area, nice sized pantry & lots of windows! This home has easy access to Grissom Parkway & Highway 31, and it's within walking distance to the new Ocean Bay Elementary & Middle Schools. Great onsite amenities including 2 pools, fitness center, basketball court, & community clubhouse with workout room.
With the high number of seniors relocating to the Grand Strand, the demand for senior living communities is growing quickly. Seniors age 65 and up will make up 36 percent of the Grand Strand’s population by the year 2025. Until recently, options for this type of community were very limited in the Myrtle Beach, South Carolina area.
Brightwater is the newest senior living community. It is a 58 acre development located in Carolina Forest. Located just off International Drive and River Oaks Drive, Brightwater is very convenient to everything Myrtle Beach has to offer including the beach, golf, shopping, dining, and more.
Brightwater will offer 110 independent living single family homes, 48 assisted living homes, 24 nursing beds, and 24 Alzheimer’s units. Homes will range from $273,000 to $475,000 and apartments will range from $132,000 to $325,000. Amenities will include meals in the clubhouse, activities for residents, housekeeping, and a 24-hour emergency response. There will also be an indoor and outdoor pool, aqua therapy, and a rehabilitation center. Residents will pay one monthly fee for their home and all the services.
In addition to Brightwater a number of other communities geared toward seniors have popped up along the Grand Strand including the Lakes at Litchfield and Eagle Crest in Myrtle Beach.
For additional information about these types of assisted living communities or any other Myrtle Beach Real Estate please contact me today! 843-424-6900 or email me.
Step out of the traffic and bright lights of Myrtle Beach! Peaceful and expansive, this absolutely incredible piece of land for sale in Loris, South Carolina is a wonderful spot to build the home of your dreams! The property is over 35 acres, with a 13+ acre lake that is stocked full of bass & blue gill! Very quiet and secluded. Other than seeing the occasional deer, fox, or wild turkey, you will be able to take pleasure in unmatched privacy. Bring the horses and bring the fishing boat! The potential is never-ending! Located just off Red Bluff Road and Daisy Road, this property is convenient to Highway 701 and Highway 22.
Contact me today for additional information including a survey. 843-424-6900
The Fed announced its second consecutive rate decrease Wednesday, October 31, 2007. The Fed Funds Rate was cut another 0.25%, lowering it to 4.5%. This was done in an effort to stimulate economic activity and make it cheaper for consumers and businesses to borrow money.
Fed policymakers explained their actions stating that “the upside risks to inflation roughly balance the downside risks to growth.” By saying this, the Fed is most likely signaling that further rate cuts will not be necessary.
With housing prices lower than they have been in years and rates in all probability at their lowest, the market seems to be at or near the bottom. Therefore, now is the time to act! With the right REALTOR® by your side, you can have incredible negotiating power in a buyers' market!
As summer on the Grand Strand comes to an end, one event that locals and visitors alike are certain to enjoy! For 15 years, the Pawleys Island Festival of Music and Arts has welcomed artists of all kinds to come and show their talents all month long, including dance, musical, and stage performances.
In past years, artists like Delbert McClinton, the jazz legend Chuck Mangione, the Nashville Bluegrass Band, Richmond Ballet, and the Long Bay Symphony Orchestra, have performed in the Festival. Every year is different, and the list of artists expands. So be sure to look for updates!
An annual event, the Loris Bog-Off celebrates a dish long loved by southerners, and long revered as a huge part Horry County culture. Chicken Bog is a rice dish, similar to a casserole. The variations in preparation begin with the choice of adding sausage or bacon. Regardless of how the recipe is altered, Chicken Bog is a celebrated dish deserving of it’s own festival! The City of Loris holds this festival each year, and promise a fun filled weekend beginning with a parade on Friday, followed by live music, games, and of course, several stands offering plates of Chicken Bog on Saturday.
LITTLE RIVER SHRIMP AND JAZZ FEST 2007: October 6th and 7th
The third annual Shrimp and Jazz Fest will be October 6th and 7th, on the waterfront in Little River. Organized by the Little River Chamber of Commerce, this Festival celebrates both fine food and fine music! Come enjoy live music and entertainment, fresh shrimp, various food vendors, arts and crafts, and activities for the kids, too! There are jazz bands scheduled throughout the Festival, and a street band all day long! The Festival will run 9am to 6pm both Saturday and Sunday.
To learn more about events in Little River, or Little River Real Estate, contact Jeff Casterline, Re/Max Town and Country.
MYRTLE BEACH GREEK FESTIVAL: September 27th – 30th
The annual Myrtle Beach Greek Festival is at St. John the Baptist Greek Orthodox Church will be held Thursday through Friday, September 27th to 30th. Come enjoy Authentic Greek foods, including Gyros, Salads, Mousaka, Spanikopita, plus a variety of Greek pastries and breads! Sodas, beer, and Greek wine will be featured, as well as vendors for shopping, music, dancing, and even activities for the kids! In addition to all the family fun and food, a portion of the Raffle Sale proceeds will be donated to the Waccamaw Youth Center and the Citizens Against Spouse Abuse.
St. John’s Greek Orthodox Church of Myrtle Beach is located on the corner of Hwy 17 By-pass and 33rd Avenue North. Come enjoy a fantastic festival for the entire family! Admission is only $1 for adults, and children 10 and under are free. The Festival begins on Thursday at 11 a.m. and continues through the weekend, Friday and Saturday from 11 a.m. – 10 p.m., and on Sunday from noon until 7p.m.
To find out more about events in the Myrtle Beach area, or more information on Myrtle Beach Real Estate, contact Jeff Casterline, Re/Max Town and Country. 843.424.6900 – email me – Myrtle Beach Real Estate
Inlet Square Mall in Murrells Inlet, South Carolina is enjoying a long overdue redevelopment! The Mall, strategically located where Business 17 and Bypass 17 merge, is undergoing renovations including an outdoor courtyard, updates to the floors, ceilings, lighting, seating areas, a complete overhaul of the food court, new parking lots, entrances, and more. Additional lease space will be available, to the tune of over 100,000 square feet, housing two additional large anchor stores, as well as smaller shops. F+F Development acquired the property at the end of 2006 and are expecting the project to be complete in time for 2007 holiday shopping!
The redevelopment will rejuvenate this area, aiding local residents by providing a more convenient shopping mall than Coastal Grand Mall, as well as offering yet another shopping destination for the area’s many tourists. All of the local businesses in the vicinity of the Inlet Square Mall will benefit from the increased traffic to the neighborhood. The area around the redeveloped mall will begin to see an influx of new commercial developments of all kinds, including banks, restaurants, and retail stores.
I have a commercial lot available, conveniently located directly across the street from the Inlet Square Mall on Highway 17 Bypass next to First Federal Bank and Home Depot. With 294 feet of road frontage, totaling 5.88 acres with a little over 2 acres of buildable area, this lot is ideal for many commercial opportunities. Contact me today for more information about this property: 843-424-6900 or email me. Please also visit my Myrtle Beach South Carolina Real Estate website.
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The Fed announced its second consecutive rate decrease Wednesday, October 31, 2007. The Fed Funds Rate was cut another 0.25%, lowering it to 4.5%. This was done in an effort to stimulate economic activity and make it cheaper for consumers and businesses to borrow money.
The third annual Shrimp and Jazz Fest will be October 6th and 7th, on the waterfront in Little River. Organized by the Little River Chamber of Commerce, this Festival celebrates both fine food and fine music! Come enjoy live music and entertainment, fresh shrimp, various food vendors, arts and crafts, and activities for the kids, too! There are jazz bands scheduled throughout the Festival, and a street band all day long! The Festival will run 9am to 6pm both Saturday and Sunday.