Myrtle Beach Area Market Statistics – April 2012

Inventory-April-2012

After a strong first quarter performance, Single Family Residential (SFR) sales slipped in April. For the month, SFR sales fell 6.7% from last month and 7.9% from April, 2011. Year to date, SFR sales is up 4% from 2011 levels. Consistent with March, SFR Median Sales Price remained flat at $165,000. As expected, SFR inventory …

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Myrtle Beach Area Market Statistics – March 2012

Median-Sales-Price-March-2012

March has proved to be a strong month for sales along the Grand Strand. SFR sales show the best 1 st
quarter (# of sales) since 2007. SFR and Condo inventory show a seasonal increase; however, as compared to last years levels, SFR and condo inventory levels are down 7.5% and 6.2% respectively. SFR distressed inventory …

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Myrtle Beach Area Market Statistics – February 2012

Closed-Sales-Feb-2012

Most metrics and trends indicate a positive start to 2012. After an uptick in January, Single Family Residential (SFR) SFR and Condo inventories fell in February. As compared to levels one year ago, SFR and Condo inventory fell 10.3% and 7.3%, respectively. However, SFR distressed inventory continued to rise for the third straight month. SFR …

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Myrtle Beach Area Market Statistics – January 2012

Market Statistics, June 2011

We continue to see stabilization in Single Family Residential (SFR). December marked the seventh straight month of inventory reduction. Condo inventory is also declining, down 7.8% from December, 2010 levels.The sale of Single Family Residences (SFR) is up 13.6% from January, 2011. This is the best January sales performance since 2007. The median sales price …

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Myrtle Beach Area Market Statistics – December 2011

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Grand Strand Market Report
Single Family Residential (SFR) continues to exhibit signs of stabilization. SFR inventory continued to decline as December marked the seventh straight month of inventory reduction. For December 2011, SFR inventory is down 5% from its level a year ago. However, distressed SFR inventory increased in December indicating a growing concentration of distressed …

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Myrtle Beach Area Market Statistics – August 2011

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Grand Strand Market Report
August real estate performance was a mixed bag for the Grand Strand. Single Family Residential (SFR) inventory continued to decline as it is down 8.3% over the last 12 months. Although SFR distressed inventory is up vs. August 2010 and represents 17.2% of the inventory, it has declined for 3 consecutive months. …

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Myrtle Beach Area Market Statistics – July 2011

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Grand Strand Market Report
At the end of July, single family residential (SFR) and condo inventory declined 7.2% and 11.3% respectively as compared to July, 2010 levels. The decline appears to be equally distributed in non‐distressed and distressed inventory as distressed inventory still comprises approximately 17% of total inventory. SFR sales maintained consistent levels to July, …

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Myrtle Beach Area Market Statistics – June 2011

Market Statistics, June 2011

Grand Strand Market Report
Single Family Residential (SFR) sales activity increased as compared to may. However, sales production declined approximately 19% versus June, 2010. This marks the hird consecutive month of year over year sales decline. Year to date, SFR sales activity remains flat to 2010 levels. June’s SFR median sales price increased vs. prior month …

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Costly Mistakes to Avoid When Selling a Home

Selling your home can be an exhausting experience. Last minute walk throughs, inconvenient calls, price adjustment and the possibility of being stuck with two mortgages are real concerns. If you are not completely prepared you could end up losing hundreds, even thousands, of dollars in profit.

The difference between a profitable smooth transaction and a break …

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How to Make Money in Real Estate Investing

Lower Your Taxes
Tax incentives for real estate investors can often make the difference in your tax rates. Deductions for rental property can often be used to offset wage income. Tax breaks can often enable investors to turn a loss into a profit.

For which items can investors get tax breaks? You could claim deductions for actual …

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