COLUMBIA, S.C. (October 27, 2020) — South Carolina REALTORS® (SCR) today released its September 2020 statewide real estate market data. It’s proving to be another unusual season as the state continues to see record sales and strong buyer activity into the fall. Statewide there was a 15.4% increase in one-year closed sales during September. Areas along the coast including Hilton Head (+65%), Beaufort (+49%) and Charleston (+49%), continue to lead the...
Sales of newly built single-family homes in August reached their fastest pace since September 2006, the Commerce Department reported Thursday. They also attained another landmark: topping 1 million sales, to a seasonally adjusted annual rate of 1.01 million units. That marks a 43% jump when compared to last year. “Already, more new homes have sold in 2020 than did in all of 2019,” says Danielle Hale, realtor.com®’s chief economist. “With...
Years ago, it seemed as if the Grand Strand area simmered down after Labor Day. Children were back to school, keeping families close to home until Spring Break. But over the last several years, we’ve seen more and more fall activity in Myrtle Beach and the surrounding beach towns. This year, with a pandemic keeping many home over the spring and summer seasons, and many children participating in virtual learning,...
Buyers are finding greater selection in their house hunt as new listings increase above pre-pandemic levels, according to realtor.com®’s latest Weekly Recovery Report, reflecting the week ending Aug. 8. The increase in new listings now brings all four major components of housing activity tracked on the index—also including housing demand, asking prices, and pace of sales—above the pre-pandemic baseline of January 2020. “Seller confidence has been improving gradually after reaching...
It’s hard to believe another year has come and gone, but 2020 will be here before we know it! What better way to celebrate than to ring in the New Year in Myrtle Beach? From fireworks shows and concerts, to an all-out party, there’s no shortage of New Year’s Eve events! New Year’s Eve Fireworks Extravaganza Broadway at the Beach 1325 Celebrity Cir., Myrtle Beach Time: 8:00 PM Corey Smith...
It’s no secret that spending the holidays in Myrtle Beach is a treat. Ocean views, less crowds, parades, shows, shopping…there’s so much to do! We’ve broken down a few of our favorite events for the holidays in Myrtle Beach below so you can skip the snow and enjoy a brighter holiday season. The Great Christmas Light Show Each November and December, the North Myrtle Beach Park & Sports Complex is...
If you’ve been in the vacation rental market for more than a couple of years, things have changed, drastically. With the breakneck pace of innovation, vacation rentals have become a mainstream lodging option showing no signs of slowing down. The global short-term rental market is currently worth an astounding $100 billion and is projected to hit $170 billion by the end of 2019. Homeowners are increasingly seeing the benefits of vacation rentals and...
