Myrtle Beach, SC

Myrtle Beach Retirement Homes - 843 Realtor

03-01-12

John Winzenried: Real Estate Agent in Myrtle Beach, SC

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Office: (888) 935-8862

Myrtle Beach Retirement Homes - 843 Realtor

Mytle Beach has a new 55 plus community. About 8 miles from the beach: pool, tennis courts, lawn service, trash and cable all included in your HOAs. Homes are going to be around 200,000. Call 843, Realtor for more details on this community or any other community in the Myrtle Beach Area. Toll Free 888-935-8862.

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Oceanfront Homes in Myrtle Beach

02-25-12

Myrtle Beach Real Estate by Mirela Monte

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Office: (843) 280-7283

Mobile: (843) 251-2378
Secondary: (843) 796-0316

Oceanfront Homes in Myrtle Beach

The Myrtle Beach Oceanfront Home Market is really heating up this year. We’ve sold THREE times as many Oceanfront Homes in Myrtle Beach in the past three months than we did during the same three months last year. THREE TIMES as many! That’s HUGE!

The sales activity for Myrtle Beach Oceanfront Homes in the past six months is up 54% compared to last year. So, the 6-month reading shows a doubling of activity, while a 3-month reading shows a tripling of activity. This is a HUGE ascent by any measure!

Here are all the Oceanfront Homes sold in the past 3 months, a total of 15 Homes ranging in price from $525,000 to $1,850,000: Click Here

Here are all the Oceanfront Homes sold during the same period last year, a total of 5 Homes sold between $850,000 to $2,300,000: Click Here

Here are all the Oceanfront Homes sold in the Myrtle Beach Area in the past 6 months. 24 Homes sold between $525,000 to $2,450,000: Click Here

Here are all the Oceanfront Homes sold in the Myrtle Beach Area during the same period last year, a total of 11 Homes sold between $600,000 to $2,300,000: Click Here

Based on the activity of the last three months, we are selling 3.85% of our Oceanfront Home inventory per month. At this rate, we now have 2 years and 2 months worth of inventory.

Here are all the Oceanfront Homes currently for sale in the Myrtle Beach Area: Click Here To See

Three of them are Foreclosures: Click Here to see

Seven of them are under 5 years of age: Click Here to see

Oceanfront Homes in Myrtle Beach

Mirela Monte, Your Myrtle Beach Oceanfront Home Connection

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Oceanfront Lots in Myrtle Beach

02-25-12

Myrtle Beach Real Estate by Mirela Monte

view my blog
Office: (843) 280-7283

Mobile: (843) 251-2378
Secondary: (843) 796-0316

Oceanfront Lots in Myrtle Beach

Oceanfront Lots for Sale in the Myrtle Beach Area: Click Here

Sold within the past 3 months: Click Here

Sold within the past 6 months: Click Here

Sold within the past year: Click Here

Contrast that with oceanfront lot sales for the year before: Click Here

Based on the last 6 months’ activity:

We are selling 1.33% of our inventory per month. At this rate, we have 6 years and 3 months worth of Oceanfront Lot inventory.

Oceanfront Lots in Myrtle Beach

Mirela Monte, Your Myrtle Beach Oceanfront Lots Connection

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Myrtle Beach Foreclosure Market - 843, Realtor

02-15-12

John Winzenried

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Office: (888) 935-8862

Myrtle Beach Foreclosure Market - 843, Realtor

According to a February 2012 Wall Street Wire, South Carolina ranks 9th in the Country in Foreclosures. Leading the Nation is Florida, New Jersey Illinois, Nevada, New York, Maine, Connecticut and Hawaii.

9. South Carolina
> 2011 foreclosure rate: 3.7%
> December, 2011 unemployment: 9.5% (9th highest)
> Home price change (2006Q3-2011Q3): -10.2% (29th largest decline)
> Processing period: 150 days

Homes in South Carolina lost 12.5% of their value over the past three years, with home prices falling 4.6% in 2011 alone. At the end of 2010, 10.9% of the state’s labor force was jobless. While the unemployment rate fell to 9.5% by December 2011, it is still one of the highest rates in the U.S. Over the past 12 months, 6.7% of mortgages in the state were delinquent for 90 days or more on payments, and 3.7% of mortgaged homes were in foreclosure in 2011.

While people need to understand that Real Estate numbers vary in each part of the State. Some Counties have better sales than other parts of the State. Some recent 2012 sales data for Horry and Georgetown County are showing a positive trend. Some of our local real estate data is supplied by a local data management company Sitetech.

"We continue to see stabilization in Single Family Residential (SFR). December marked the seventh straight month of inventory reduction. Condo inventory is also declining, from December, 2010 levels. The sale of Single Family Residences (SFR) is up from January, 2011. This is the best January sales performance since 2007. The median sales price has increased in both Horry and Georgetown Counties with the exception of homes over one million dollars in Georgetown County and five hundred thousand dollar homes in Horry County."

Myrtle Beach Foreclosure Market - 843, Realtor

http://843realtor.com/

Toll Free 888-935-8862

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FORECLOSURES R US

01-25-12

Myrtle Beach Real Estate by Mirela Monte

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Office: (843) 280-7283

Mobile: (843) 251-2378
Secondary: (843) 796-0316

FORECLOSURES R US -3.6 Million Foreclosures Will Occur In The Next Two Years:

As a Real Estate Agent specializing in short sales and foreclosures, I know first hand how devastating this market can be to scores of hard working Americans. As Realtors and as consumers, I think it's important to know the latest foreclosure developments. Here are some of the lesser known stories, not typically covered by the major media. Each title is a link that will take you to the original post:

Pulling Back the Curtain: Exposing the 1% Behind the 2011 Big Bank Bonuses:

The nation’s top six banks—Bank of America, JP Morgan Chase, Wells Fargo, Citigroup, Morgan Stanley and Goldman Sachs—paid out $144 BILLION in bonuses and compensation this past year, making 2011’s payday the second highest on record for these six firms.

Just half of the banks’ bonus and compensation pools would be enough to write down the principal on all underwater mortgages in the country. (video provided at the bottom of this post)

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A Huge Housing Bargain -- but Not for You:

The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors -- vulture funds.

These homes, which are now the property of the U.S. government, the U.S. taxpayer, U.S. citizens collectively, are going to be sold to private investor conglomerates at extraordinarily large discounts to real value.

You and I will not be allowed to participate. These investors will come from the private-equity and hedge-fund community, Goldman Sachs(GS_) and its derivatives, as well as foreign sovereign wealth funds that can bring a billion dollars or more to each transaction.

In the process, these investors will instantaneously become the largest improved real estate owners and landlords in the world. The U.S. taxpayer will get pennies on the dollar for these homes and then be allowed to rent them back at market rates.

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The Foreclosure-to-Rental Screwjob:

And, why–in heaven’s name–would congress want to take on more risk when they can keep millions of people in their homes by simply reducing the principle on their mortgages to the present value of the house?

Did you catch that? Taxpayers are going to get slammed for another $750 billion. That’s nearly as much as Obama’s American Recovery and Reinvestment Act (ARRA), the fiscal stimulus that added 2 percent to GDP and kept unemployment from rocketing to 13 percent. Bernanke wants to throw that same amount down a Wall Street sinkhole.

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New York Federal Reserve Estimates 3.6 Million Foreclosures Will Occur In The Next Two Years:

While foreclosure rates hit a four-year low in 2011, the early signs for 2012 don’t look good when it comes to housing, as banks have begun to work through a backlog of foreclosures that were delayed by the foreclosure fraud scandal. In fact, the New York Federal Reserve anticipates that 3.6 million foreclosures will occur in the next two years, piling on to the 1 million in 2010 and the 800,000 last year. “The ongoing weakness in housing has made it more difficult to achieve a vigorous economic recovery,” said New York Fed President William Dudley. “Housing has inhibited economic activity through a number of channels.”
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