Grand Strand Real Estate News - January 2024

Mon, Feb 19th 2024 11:23 am by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


January 2024


Volume 2024 Issue 1


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Dear Gene Carter Team,



Summary



We have completed our Closed Sales Histories for 2023. For those of you not familiar with these, they consist of spreadsheets showing detailed closing info for every close...



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Grand Strand Real Estate News - December 2023

Wed, Jan 17th 2024 3:38 pm by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


December 2023


Volume 2023 Issue 12


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Dear Gene Carter Team,



Summary



I hope everyone had a terrific holiday season. It’s time for my annual analysis of the previous year (2023). Please take time to look over the various charts and detailed ...



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Grand Strand Real Estate News - October 2023

Fri, Nov 17th 2023 11:20 am by Gene Carter Monthly Real Estate News


Grand Strand Real Estate News


October 2023


Volume 2023 Issue 10


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Dear Gene Carter Team,


Summary



With Thanksgiving around the corner, this is a short newsletter - just the market reports and some cool pictures I took of horses on the beach.


Oceanfront and Resort...



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6000 N Ocean Blvd. UNIT #1214 - The Island in Myrtle Beach - 4 bd 4 ba

Thu, Nov 2nd 2023 10:27 am by Roger Grant New Listing
Image

6000 N Ocean Blvd. UNIT #1214
Myrtle Beach, SC

MLS# 2318821 - Residential

Direct oceanfront four bedroom four bathroom condo in The Island. This is a rare floor plan. Largest in the resort. There are only two like this in the building and this is the second listing of this type in 12 years. Exceptionally spacious and wide for an oceanfront condo. The living room, dining room, and the master bedroom are all direct oceanfront (See the floor plan included in the pictures). There's a large oceanfront balcony off the living room and dining area. In addition, the master bedroom has its own private oceanfront balcony (only floorplan in the building with this feature). The oceanfront di...



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Grand Strand Real Estate News - September 2023

Mon, Oct 23rd 2023 9:49 am by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


September 2023


Volume 2023 Issue 9


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Dear Gene Carter Team,


Summary


We continue to have numerous showings and inquiries but the offers have been coming in slower and the negotiations have been more difficult. Anyway, it’s been a beautiful fall...



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Grand Strand Real Estate News - August 2023

Mon, Sep 18th 2023 9:14 am by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


August 2023


Volume 2023 Issue 8


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Dear Gene Carter Team,



Summary


We’ve been pretty busy the past few weeks. It’s a great time to visit (or shop for real estate). The next couple of months offer the best weather of the year.


Thanks for you...



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Grand Strand Real Estate News - July 2023

Mon, Aug 21st 2023 2:49 pm by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


July 2023


Volume 2023 Issue 7


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Dear Gene Carter Team,



Summary


In my July newsletter last year, I stated that we were transitioning into a normal healthy market. A year later, some buyers and sellers still haven’t adjusted to this new “norma...



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Grand Strand Real Estate News - June 2023

Thu, Jul 13th 2023 4:02 pm by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


June 2023


Volume 2023 Issue 6


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Dear Gene Carter Team,



Summary


It’s the heat of the summer but buyers are still buying and sellers are still selling. I want to take a look this month at some seasonal sales patterns that we are seeing now in ...



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Grand Strand Real Estate News - May 2023

Thu, Jun 15th 2023 12:31 pm by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


May 2023


Volume 2023 Issue 5


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Dear Gene Carter Team,



Summary




Sales activity for oceanfront and resort condos slowed in May but it seems to be picking up again in early June. Also, I want to talk about “bulk upfits” - extensive building-...



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Grand Strand Real Estate News - April 2023

Fri, May 19th 2023 1:28 pm by Gene Carter Monthly Real Estate News


Grand Strand Real Estate News


April 2023


Volume 2023 Issue 4


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Dear Gene Carter Team,



Summary


Local Developments and Announcements


A new PGA Tour tournament, the Myrtle Beach Classic, will be held at the oceanside Dunes Golf and Beach Club. It will be part of th...



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Grand Strand Real Estate News - March 2023

Wed, Apr 12th 2023 3:19 pm by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


March 2023


Volume 2023 Issue 3


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Dear Gene Carter Team,



Summary


Since we are in the middle of tax season, much of this month’s newsletter will be devoted to ways to utilize real estate for tax saving strategies. In particular, for many of yo...



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Grand Strand Real Estate News - February 2023

Mon, Mar 27th 2023 8:39 am by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


February 2023


Volume 2023 Issue 2


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Dear Gene Carter Team,



Summary


For oceanfront and resort condos, we are seeing a good number of cash buyers and relatively few new listings - resulting in stable prices despite the high interest rates. Mar...



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Grand Strand Real Estate News - January 2023

Thu, Feb 16th 2023 3:39 pm by Gene Carter Monthly Real Estate News


Grand Strand Real Estate News


January 2023


Volume 2023 Issue 1


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Dear Gene Carter Team,



Summary


We have completed our Closed Sales Histories for 2022. For those of you not familiar with these, they consist of spreadsheets showing detailed closing info for every clo...



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Grand Strand Real Estate News - December 2022

Mon, Jan 16th 2023 12:11 pm by Gene Carter Monthly Real Estate News

Grand Strand Real Estate News


December 2022


Volume 2022 Issue 12


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Dear Gene Carter Team,



Summary


It’s time for my annual detailed analysis of the previous year (2022). Please take time to look over the various charts and detailed comments in the main newsletter. Lots of...



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Today’s Housing Market Is Nothing Like 15 Years Ago

Wed, Jan 11th 2023 4:00 pm by Gene Carter Local News Updates

Read Full Post

Today’s Housing Market Is Nothing Like 15 Years Ago
Today’s Housing Market Is Nothing Like 15 Years Ago | MyKCM

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.

In the latest Real Estate Forecast Summit, Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), drew the comparisons below between today’s hou...



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Grand Strand Real Estate News - November 2022

Wed, Dec 14th 2022 10:56 am by Gene Carter Monthly Real Estate News



Grand Strand Real Estate News


November 2022


Volume 2022 Issue 11


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Dear Gene Carter Team,



Summary


With everyone’s attention on the holidays, I’ll keep this newsletter short. 


Market Report


Sales activity has been better than expected considering the season, e...



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Grand Strand Real Estate News - October 2022

Mon, Nov 14th 2022 10:48 am by Gene Carter Monthly Real Estate News


Grand Strand Real Estate News


October 2022


Volume 2022 Issue 10

If you would like to receive this monthly newsletter CLICK HERE


Dear Gene Carter Team,



This month we’ll take a look at year-to-date vacation rental incomes for 2022 versus 2021, the Myrtle Beach area’s misleadingly high crime data, and the current market report.


Market Report 


Prices...



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Grand Strand Real Estate News - September 2022

Mon, Oct 24th 2022 4:24 pm by Gene Carter Monthly Real Estate News



Grand Strand Real Estate News


September 2022


Volume 2022 Issue9

If you would like to receive this monthly newsletter CLICK HERE


Dear Gene Carter Team,



Summary


This month, I’ll cover the just-mailed 2022 real estate tax bills, current market conditions, an unexpected decrease in oceanfront condo inventory, interest rates, and Hurricane Ian.


Real E...



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Grand Strand Real Estate News - August 2022

Mon, Oct 24th 2022 4:23 pm by Gene Carter Monthly Real Estate News


Grand Strand Real Estate News


August 2022


Volume 2022 Issue 8

If you would like to receive this monthly newsletter CLICK HERE


Dear Gene Carter Team,



Summary


Overview of Sales and Listing Activity 


There are still plenty of buyers. I sold 8 of my listings in August and 3 so far in September.  Teressa sold 4 in August as well. Buyers are back to be...



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Grand Strand Real Estate News - July 2022

Wed, Aug 24th 2022 4:47 pm by Gene Carter Monthly Real Estate News



Grand Strand Real Estate News


July 2022


Volume 2022 Issue 7

If you would like to receive this monthly newsletter CLICK HERE


Dear Gene Carter Team,



Summary


I mentioned in my last newsletter that the market was cooling down. There are now indications that we are (hopefully) transitioning into a normal healthy market. 


At this time, listings are sti...



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