Friday, 19 June 2009

Posts Tagged ‘ Market Conditions ’

Litchfield Beach Real Estate – Glass Is Half Full

Sunday, November 22nd, 2009
 

 Why do I see the Myrtle Beach market picking up?

Brookgreen CandlesFor the ones of you who can remember the old days when life was good, economy flourishing let me say this. Some of the wealthiest men on earth built their fortunes on “Gut Feelings”. Don’t get me wrong, these people had Smarts as well, they just happened to have intuition to round out the whole package.

 Today’s real estate market has been bad, no one will deny it, still not as bad as the mid 80’s. Hell, interest rates in the high teens and low 20’s, not that will take the wind out of anyone’s sail. Gut feelings make a lot more of life’s decision than people like to think. For instance, look at poker players, stock investors, professional golfers, athletics of all kinds, Trump Enterprises for a few.

Alright, enough of my rattling on, jabbering away and so-on.

 

Three Points to Ponder:

 

1. We have had increased units sold now for more than 6 months. Why you might ask? It’s not because we have more realtors hauling people around, in fact we’re losing them like rats on a sinking ship.

2. Obviously homes are beginning to move in the Northeast by the tremendous increase in traffic from them there folks lately. What’s really amazing is the number of folks who ain’t never even been to South Carolina little on the Myrtle Beach area.

3. Activity has jumped through the sky on websites recently, so that’s somewhat of an indicator. Yea, I hear you, some people are “Internet Junkies” and have to search every free minute they have. I’ve got a couple like that myself, shucks, this one client is already on their third trip thru the complete MLS property inventory and ain’t never answered an email yet. God Bless Um, they don’t know it yet but I’m a very patient realtor and we’ll be sittin across the table when they least expect it.

4. Last but not least, Don’t forget, the American Dream will always prevail as it has through all the bad times before. You see, there will always be folks looking to buy that very first home, upgrade from their present home or just get a yearning to have a nicer place. Some are even looking for a GET-A-WAY from their hectic lifestyles somewhere else for a couple times a year. To make it even better, we’ll never run out of folks who want or need to sell their homes.

Let me end by saying this, it may not be today, next month or even next year but when you do get that hankering to check out our Beautiful Lifestyle, don’t forget this “Old Redneck Retired Navy “Seabee” at RE/MAX Southern Lifestyles cause I’ll be here to help your Dreams Come True.

Ya’ll come see me, ya hear,

Doug

 

 

www.FindYourMyrtleBeachHome.com

 

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Get Off The Fence, Soon!

Tuesday, September 1st, 2009

I’ve been saying it for months, and I’ll say it again.

NOW is the time to get off the fence and buy.

Why am I so convinced that the time is now?

Well, it’s a combination of things. Regardless of whether you’re building a new deck, or whipping up a batch of cupcakes, you need the right ingredients in order to insure success. For the Buyers considering a purchase, the right ingredients are at hand.

Today, right now, is the time to act. Here’s why:

Mortgage rates are low, lower than they have been for many years. In fact, they’re approaching historic lows! Yes, you actually have to qualify for a loan now. But, I guarantee you there are lenders out there who are ready, willing and able to lend you mortgage money at very attractive rates.

Inventory levels are high. Unfortunately for sellers, buyers have an enormous number of homes from which to pick. In many markets, inventory is at an all time high. As a result, buyers no longer have to “settle” on a home that’s not what they want.

Sellers are motivated. Whether they are in trouble with their financing, worried about their employment or having to make many lifestyle changes as a result of losses in the stock market, many sellers need to sell and are willing to negotiate accordingly.

First-time home buyers can also get a $8,000 non-repayable tax credit from the government. And you can apply it to either your 2008 or 2009 taxes.

We may have already reached the bottom of the market. Some buyers are still waiting, trying to buy at the very bottom of the market. Funny thi g about that – you never know you’ve hit bottom until prices are on their way back up. And many buyers don’t realize than an increase in their mortgage rate will completely eliminate any advantage they may have gained by waiting for prices to decrease by a few thousand dollars more.

So, yes, I feel strongly that buyers who don’t make a move right now are missing a huge opportunity.

www.FindYourMyrtleBeachHome.com

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