Greg Harrelson - Myrtle Beach Real Estate

Myrtle Beach Real Estate market is Shifting Again - Greg Harrelson

The Myrtle Beach real estate market has been a roller coaster ride for 7 years now. The constant downturn has discouraged so many buyers and investors from moving to the beach. There has been a significant shift taking p,akin the past 3 months that is worth noting. Look at the changes below and tell me what you think is going to happen next...

Real Estate Changes in Myrtle Beach

1. Inventory levels are declining. The available listings for sale in Myrtle Beach has dropped to a few year low.

2. Many listings are getting more than one offer.

3. New construction is taking place in the Myrtle Beach and North Myrtle Beach real estate markets.

4. There are more properties under contract now than there has been in years.

5. Foreclosures are selling faster then ever keeping the supply very low.

6. The average days on the market is declining many real estate in Myrtle Beach is selling faster.

When the above things occur all at once, most people would conclude that the market is shifting. Of course, nobody an predict the future yet a shift in

Myrtle Beach real estate must occur at some point.

So, is it time to buy a piece of Myrtle Beach....?

Things to consider:

- Myrtle Beach is having a sale. Many homes and condos are marked down by 55% from their original price.

- Banks are giving money away at 4% or less interest many money is on sale also.

Now is the time to start looking building wealth through real estate. Even Warren Buffett was recently quoted saying that buying single family homes is a great investment and he wishes he could buy more than he has. He states that homes are cheap and money his cheap. This is the perfect set up for wealth creation.

Go ahead and browse through our local MLS by clicking on Century 21 The Harrelson Group!

Marcliffe condos at Blackmoor are Spacious and Well Built - Jan Pitman

The condos at Marcliffe are selling at a faster pace then most new construction communities. These condos are known for their spacious floor plans and superior construction. While many builders are starting to use inferior products to make the condos cheaper, the Marcliffe developers have maintained their high standards for construction.

In addition to the condos, you can choose a Garden Home, named the Longwood if you want a more home-like feel. The Longwood homes offer a garage and spacious three bedroom floorplans with options for a screened porch. The Garden Homes are all one level with no stairs to climb. Marcliffe condos as well as the homes are located around the Blackmoor Golf Course. This golf course is a favorite with the locals as well as the visiting golfers that come to the beach each year.

It's always a good sign when one owner tells their friends that they must buy a condo in Marcliffe. This is only common when you have happy and satisfied past clients. This tells you something is being done right.

If you are looking to relocate to the Myrtle Beach area or want a spacious second home then Marcliffe and Marcilffe West is the preferred option. Compare the quality of these condos with anything else in the area. Not only is the construction good but the prices are fantastic.

For a personal tour of the Marcllife community, please contact us.

If you're looking for a Myrtle Beach condo for sale, Marcliffe is the way to go.

Real Estate in Myrtle Beach has strong sales in December

Years ago, real estate in Myrtle Beach would experience very little activity. This year, we have seen a drastic uptick in sale activity. Not only have there been more sellers listing their homes and condos in the MLS but the number of buyer calls, Internet traffic, and buyer contracts written has increased.

It appears that prospective buyers are starting to understand that Myrtle Beach real estate has decreased so much in value that now is the time to buy a piece of the oceanfront. Currently, you can buy an oceanfront 3 bedroom condo for less than $200,000. If you are looking for a home for sale in Myrtle Beach, you can purchase a 3 bedroom with 2 car garage for under $120,000. In both cases, these properties may have sold for $450,000 and $ 270,000.

Last week, we sold an OCEANFRONT home for $580,000. Yes, it was direct oceanfront in North Myrtle Beach.

A few reasons why the winter is a great time to buy real estate in Myrtle Beach:

1. Banks are tired of paying the expenses to hold foreclosures so they are cutting prices to get it sold immediately.

2. Owners who paid double the price are ready to get rid of their bad investments. Their loss is your gain.

3. You can control a short sale listing through the winter, buy it in the spring and avoid negative cash flow.

4. There are not as many buyers so you won't have to get into a bidding war which drives the prices up.

Real Estate in Myrtle Beach is active and it is good to stay informed of the market trends. It is expected that 2012 will be an active year for sales which could possibly drive the prices up on some of the most popular resorts. Some of our most popular resorts based on sales are;

1. Dunes Village condos for sale

2. Barefoot resort condos

3. Kingston Plantation condos

4. Myrtlewood condos

Investing in any of these resorts can provide you with great rental income as well as the greatest Myrtle Beach experience.

All remember, investing in real estate in Myrtle Beach or any city in the United States is a big decision. Make sure that you ask a lot of questions, gather alot of information and choose a professional real estate agent who has experience.

Congratulations for timing the market correctly.

Myrtle Beach condo rentals - Internet Exposure is Critial - Christian Velasquez

According the Christian Velasquez, General Manager of Condolux of Myrtle Beach, the Internet has become one of the most critical components to increasing occupancy and revenues for those who own vacation condos for rent in Myrtle Beach. Th experts tell us that the proper Internet strategy is one which includes social networking, company websites, Google pay per click, as well as an aggressive email campaign that drives addional traffic to the websites through proper linking.

At Condolux of Myrtle Beach, Christian also uses paid sites such as VRBO and Homeaway to attract additional bookings.

It appears that the rental industry is going on the web. Traditional advertising like newspaper ads, print books and brochures are being cut out of the marketing budgets and replace with online ads. condolux estimates that they will spend 70% of their large marketing budget online versus print. This is common amongst the leading vacation retals companies around Myrtle Beach.

Of course, now that you have Internet traffic, the key is converting that traffic into reservations. This is what Christian and Condolux of Myrtle Beach do well. If you need to learn more about Myrtle Beach condo rentals then contact Christian Velasquez.

Plantation Lakes in Carolina Forest - sold by Greg Harrelson

Plantation Lakes in Carolina Forest is still one of the most popular neighborhoods in Carolina Forest. The custom style homes, large lots and miles of shoreline makes this a desirable area. Through the years, home sales in Plantation Lakes has seen a decline with some homes going to foreclosure and short sales. Finally, with an aggressive marketing plan, Plantation Lakes in Carolina Forest is starting to sell.

The keys to selling a home in this community are:

1. Make sure the home is clean. It seems like this is a no brainier yet trust me, many homes are listed for sale in bad shape. These are the homes that sit there for months on the market without a contract.

2. Make sure it is priced fairly. Not too high, not too low. Do your homework, price it correctly and buyers with show up.

3. Position it in the MLS correctly. Don't just last it and forget it. Make changes to the remarks until you get the right amount of showings.

4. Follow up on showings. Get feedback and adjust if you need to.

So, of you have a Plantation Lakes home for sale, follow the above instructions and success will follow.

Your Myrtle Beach real estate agent,

Greg Harrelson