myrtle beach real estate | Myrtle Beach Homes | Carolina Forest Homes

Aug 28 2015

National Housing Market Update August 2015

Here’s the latest update on the housing market for the United States. The trends mentioned in this video are consistent for here in the Myrtle Beach area as well. We have seen a steady increase in the number of homes sold as well as a steady increase in the prices on these homes.

In a year over year comparison, the number of transactions completed is up 11.3% and the average sales price has increased 6.4% over the previous year with a median sold price in July of $215,000. The national average for days on the market is also now at 57 days and we currently have an inventory of approximately 3.9 months inventory. To see all the stats, download a copy of the REMAX National Housing Report_August 2015.

The market here in Myrtle Beach continues to follow along these same measures as the national market. Homes that are priced properly continue to sell quickly for strong prices. If you have been thinking of selling your home, contact me today for a complete market analysis of what your home could potentially sell for.

May 15 2015

5 Items An Underwriter Will Look At To Determine Loan Approval

As a local Myrtle Beach REALTOR®, one of the questions I get asked the most is what do I need to get a mortgage. People want to know what the bank looks at to determine if they can or cannot get a loan.

Below is a great explanation by Erica Davis, a Sr. Loan Officer with Guild Mortgage here in Myrtle Beach. She explains exactly what an underwriter looks at to determine if someone will get a loan approval or not.

To review, the five main things an underwriter reviews is:

Cash Flow
Credit Score
Job Stability
Assets
Property

I hope this helps many of you who might have had this question regarding getting a loan to buy a home here in Myrtle Beach. If you have more questions about Myrtle Beach real estate, feel free to contact me. If you still have questions about getting a mortgage, I would highly recommend reaching out to Erica. She would be more than happy to help you in securing a loan to purchase a home. Her contact information is below.

May 04 2015

National Housing Report April 2015

RE/MAX International recently released a market report for April 2015 with some pretty impressive numbers. While things are all moving in the right direction, our local Myrtle Beach real estate market is seeing very similar results. Inventory is going down, number of sales are going up, and so are prices.

So what does all this mean for our local Myrtle Beach real estate market? It means that if you have been on the fence about selling your home for the past few months, now is a great time to get it on the market. Historically, the late spring/early summer market has been very strong here in Myrtle Beach. The time to sell your home is probably the strongest it has been since 2006.

As I had mentioned at the beginning of the year, 2014 was a record sales year for Myrtle Beach Sing Family homes. If the first quarter of 2015 is any type of predictor for what this year will hold, things are on pace to shatter that record again this year.

If priced competitively, there is no reason your home should not sell in a timely manner. For more information on selling your home, fill out the form below and I will contact you to meet together and discuss what I feel your home should sell for.

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I look forward to hearing from you soon and working with you to get your home SOLD here in the Myrtle Beach & surrounding areas.

Feb 09 2015

How To Spend A February Day In Myrtle Beach

While many of our northeastern friends are currently dealing with a snowstorm for the third Monday in a row, down here in Myrtle Beach, we are currently enjoying some really fantastic weather. Today is a sunny, warm 65 degrees fahrenheit with a gentle breeze day.

To give you an idea of how awesome the weather is today, here’s a great video by local Myrtle Beach Videographer, Thomas Hart of Heart Media. He was out just testing his new aerial drone at the beach, but I thought it was some really great footage showing how awesome a day we are having. Check it out.

While not every day is this warm at this time of year, it is not uncommon for us to experience several days during the winter months with warmer temperatures. Here’s a graphic showing our average temperatures each month versus several popular northern cities.

Personally, as someone who used to live right outside of Philadelphia, PA, I don’t miss those cold winter days spent outside shoveling inches of snow while battling sub-zero winds trying to stay warm under four layers of clothing. Instead, I’d rather spend my time relaxing on a beach chair with my toes in the sand.

If you are tired of fighting the winter blizzards, maybe it is time to consider a move to Myrtle Beach, SC? Fill out this simple form and I will send you a copy of my Myrtle Beach Relocation Guide for free.

Jan 22 2015

2014 Sets Single Family Homes Sales Record For Myrtle Beach

2014 was a great year for Myrtle Beach real estate. In fact, I didn’t realize how good the year was until I recently read an article published by The Sun News that stated that our area set a record in 2014 for number of single family homes sold. With 5,843 single family homes sold in 2014, this passed the previous record which was set in 2013 by more than 500 homes.

Not only did the number of homes sold in 2014 go up, but so did the prices. The median single family sales price rose 5.6 percent this year to $193,899 in Horry and Georgetown counties. This increase was believed to be caused by the decrease in number of foreclosures in the market. Another sellers market is believed to be on the near horizon.

That being said, sellers who have been waiting for a shift in the market to sell your home, that time is now. Spring has historically been known in our area as one of the strongest markets year after year. As I mentioned recently, this year appears to be thriving even earlier as I’ve tracked a 300% increase in buyer leads already in January.

While now is the time to sell your home, it’s still crucial to find an agent that can get your home sold quickly and for the most money. You may be shocked to learn that the average agent does only 5 transactions a year. The map on the right shows that I was able to do twice that amount of business in just my first 7 months back into real estate.

My aggressive online marketing plan provides great exposure for my listings to my over 30,000 connections online. This results in homes getting sold quickly for closer to listing price. If you have been considering selling your home, fill out the form below and I will contact your with a free market analysis of the current value of your home.

Name*
First Last
Phone Number*
Address*
Street Address City State ZIP Code
Additional Features