Monthly Archives: September 2021
Murrells Inlet & Waccamaw Neck Real Estate Market Report for August 2021
Market Summary and OpinionThe local housing market is still red hot with no end in sight. The number of listings hitting the market today is at an all-time high. SELLERS know that the market is hot and that prices have appreciated quickly over the past year. Well priced listings even in the higher price ranges are going... Read More
Is the Number of Homes for Sale Finally Growing?
Is the Number of Homes for Sale Finally Growing? An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are... Read More
Are Houses Less Affordable Than They Were in Past Decades?
Are Houses Less Affordable Than They Were in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today... Read More
Wren Bay
Wren Bay Toll Brothers | Luxury New Builds| Murrells Inlet, SC Phase 2 Features The luxury new builds by Toll Brothers at Wren Bay are designed to welcome you home. With 7 unique floor plans to choose from, each share outstanding features. At the foundation, the QuickTieTM system ensures enhanced structural integrity and peace of... Read More
What Buyers and Sellers Need To Know About the Appraisal Gap
What Buyers and Sellers Need To Know About the Appraisal Gap It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common... Read More