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Posted At : March 9, 2012 1:57 PM | Posted By : The Weichert Team
Related Categories:
Carolina Forest real estate, Myrtle Beach oceanfront real estate, Myrtle Beach Realtors, North Myrtle Beach real estate, Weichert Open Houses, Myrtle Beach real estate professionals, Myrtle Beach real estate, North Myrtle Beach oceanfront real estate, Carolina Forest Myrtle Beach, North Myrtle Beach Realtor, South Carolina real estate, WEICHERT, REALTORS, Little River Real Estate
If you're interested in Myrtle Beach Real Estate, or North Myrtle Beach Real Estate, you've come to the right place!
Weichert Realtors Southern Coast covers the whole grand strand, so if you're looking for your dream home, Weichert can help!
Check out this preview of open houses for this upcoming weekend. Feel free to come out and visit, and speak with the Sales Associate on site.
| Open House: 03/11/2012 -03/11/2012 from 2:00 PM - 4:00 PM |
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| Listing Name: |
Barefoot Resort |
| Address: |
4804 Stonegate Drive North Myrtle Beach SC 29582 |
| Open House: 03/11/2012 -03/11/2012 from 1:00 PM - 4:00 PM |
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| Address: |
4282 Pinehurst Circle X-9 Little River SC 29566 |
For a complete list of open houses, CLICK HERE.
Posted At : June 30, 2011 1:36 PM | Posted By : The Weichert Team
Related Categories:
Myrtle Beach oceanfront real estate, Myrtle Beach commercial real estate, Myrtle Beach real estate professionals, Myrtle Beach real estate, Myrtle Beach Realtors, North Myrtle Beach real estate, Myrtle Beach foreclosures, North Myrtle Beach Investment Property, North Myrtle Beach oceanfront real estate, real estate in Myrtle Beach, Myrtle Beach SC, real estate in North Myrtle Beach, North Myrtle Beach Realtor, Myrtle Beach condos, protect your real estate, WEICHERT, REALTORS, Myrtle Beach South Carolina real estate
Owning a house remains central to Americans’ sense of well-being, even as many doubt their home is a good investment after a punishing recession.
Nearly nine in 10 Americans say homeownership is an important part of the American dream, according to the latest New York Times/CBS News poll. And they are keen on making sure it stays that way, for themselves and everyone else.
Support for helping people in financial distress over housing is higher than support for helping those without a job for many months.
Forty-five percent of the respondents say the government should be doing more to improve the housing market, while 16 percent say it should be doing less. On the politically contentious issue of direct financial assistance to those having trouble paying their mortgages, slightly more than half of those polled, 53 percent, say the government should help. And almost no one favors discontinuing the mortgage tax deduction, a prized middle-class benefit that has been featured on some budget-cutting proposals.
President Obama, who has been criticized for both doing too much to help the housing market and for not doing enough, was given poor marks. Only 36 percent of those polled approve of what Mr. Obama has done, while 45 percent disapprove.
In assessing blame for the housing crash, people are increasingly seeing financial institutions as the central culprit. Amid the swirl of recent disclosures about banks following improper and illegal procedures in pursuing foreclosures, 42 percent blame lenders, while 29 percent blame regulators. When the question was asked in early 2008, as the crisis was still building, the numbers were reversed, with 40 percent blaming regulators and 28 percent blaming lenders. Only a handful of respondents at either moment blamed the borrowers themselves for taking loans they could not afford.
“I believe the financial institutions willingly and knowingly allowed people to apply and receive credit at a rate higher than they could afford and this has degraded our economy,” said Steven Goode, an environmental health manager in Las Vegas, in a follow-up interview.
Making an offer for a house, something often done in past generations with little apprehension, is now riddled with worry. Only 49 percent call it a safe investment, while 45 percent feel it is risky. In a market where prices are consistently dropping, there is no easy exit.
“For the average person, it might not be a good idea today to buy,” said another respondent, Beth Lovcy of Troutdale, Ore., who bought a year ago. The value has already shrunk, but Mrs. Lovcy is unfazed. “It works out better financially than renting now because we can claim the interest on the mortgage.”
As the housing market slumped over the last few years with a speed and magnitude not seen since the Great Depression, aspects of homeownership have been debated as never before. There are tough questions about the role the government should take. These include how much of a down payment lenders should demand, whether lenders should be restrictive or expansive in granting new loans, how much assistance to give those on the verge of foreclosure, and whether real estate will ever again be the retirement savings vehicle it once was.
While the debate has been loud, there was little evidence of people’s views that went beyond the anecdotal. This poll offers a window onto widespread opinions at a critical juncture.
Before the crash, housing was widely deemed one of the safest possible investments. Few experts thought there was the possibility of a nationwide downturn. But after it happened, the effects were widespread and painful.
Diane Sherrell, a substitute teacher in North Carolina who retired on disability, traded up to a bigger house four years ago to accommodate an adopted son. “It’s been very difficult since then and we’re barely making it,” she said.
Half of those surveyed say the market’s continuing downward spiral has affected their long-term plans. One in five people say the crisis has prevented them from moving to another city or taking a different job. Nearly one-quarter of homeowners say their home is now worth less than what they owe on their mortgage, a condition known as being underwater. Families in this predicament are much more prone to foreclosure if they suffer job losses or other setbacks.
Over all, people are bleaker about the economic outlook than those surveyed in October. While most still think the current downturn is temporary, those saying it is permanent rose to 39 percent, up from 28 percent.
In the last two years, the stock market has recovered strongly while house prices have gone sideways at best. Yet those polled dismissed stocks as a long-term savings vehicle in favor of a savings or money market account (22 percent), a house (26 percent) or a 401(k) or individual retirement account (41 percent).
Who should be helped to buy is another contentious issue. Whether buyers need to come up with a 20 percent down payment — the standard for decades, but beyond the reach of many families now — is hotly debated. Fifty-eight percent of respondents say lenders should require this, while 36 percent say they should not.
People who cannot pay their mortgage are foreclosed upon. If they can pay but feel that doing so is pointless on a property that has lost so much of its value, it is called strategic default. While two-thirds of Americans say strategic default is not justified, 28 percent think that it is.
When houses are abandoned for any reason, it causes trouble for the neighbors. Three-quarters of those surveyed say foreclosures are a problem in their communities.
“Our home is worth much less now because houses are foreclosing around us,” said William Mack, an assembly line worker in Taylor, Mich.
Beyond all these ills, however, a persistent belief endures that the market will eventually improve and housing will regain its traditional importance.
Donna Boyd, a transportation supervisor in Cuyahoga Falls, Ohio, acknowledged “it might take a long time” for property values to go back up.
“But I don’t think I’m throwing my money away,” she said in a follow-up interview. “I rented for years when I was younger, and I just don’t like the idea of putting money in someone else’s pocket for something I will never own.”
The nationwide telephone poll was conducted June 24-28 with 979 adults and has a margin of sampling error of plus or minus three percentage points for all adults.
Posted At : April 7, 2011 2:07 PM | Posted By : The Weichert Team
Related Categories:
Carolina Forest real estate, Myrtle Beach oceanfront real estate, Little River Real Estate, Myrtle Beach Realtors, North Myrtle Beach real estate, Weichert Open Houses, Myrtle Beach real estate professionals, Myrtle Beach real estate, North Myrtle Beach oceanfront real estate, Garden City Beach real estate, Myrtle Beach SC, Surfside Beach real estate, North Myrtle Beach Realtor, South Carolina real estate, WEICHERT, REALTORS, Pawleys Plantation
Looking for Myrtle Beach Real Estate or North Myrtle Beach Real Estate?
Weichert can help! This weekend is Weichert Realtors Southern Coast's Open House Extraganza Weekend!
Weichert SC is hosting over 25 open houses across the entire Grand Strand. Please feel free to stop in and visit any of them, and a Sales Associate will be available to answer any questions that you may have.
Here's a sneak peek of the houses being held open:
| Open House: 04/10/2011 -04/10/2011 from 1:00 PM - 4:00 PM |
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| Listing Name: |
Green Acres Pawleys Island |
| Address: |
439 Blockade Drive Pawleys Island SC 29585 |
DirectionsHwy 17 S to Causeway Blvd, turn left and continue to Blockade Drive, make left and go to 439 on your right.
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| Open House: 04/09/2011 -04/09/2011 from 2:00 PM - 4:00 PM |
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| Listing Name: |
Woodhollow |
| Address: |
1492 Bessent Avenue Little River SC 29566 |
| Open House: 04/09/2011 -04/09/2011 from 12:00 PM - 3:00 PM |
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| Listing Name: |
Waterford Plantation |
| Address: |
4813 Harvest Drive Myrtle Beach SC 29579 |
For a complete list of open houses, CLICK HERE.
Posted At : March 30, 2011 3:19 PM | Posted By : The Weichert Team
Related Categories:
Carolina Forest real estate, Myrtle Beach oceanfront real estate, Myrtle Beach Realtors, North Myrtle Beach real estate, Myrtle Beach foreclosures, Myrtle Beach real estate, North Myrtle Beach oceanfront real estate, Garden City Beach real estate, Surfside Beach real estate, North Myrtle Beach Realtor, foreclosures in Myrtle Beach, South Carolina real estate, protect your real estate, WEICHERT, REALTORS, Little River Real Estate
Weichert Realtors Southern Coast Extreme Team
Presents a
Buyer's Seminar
Saturday, April 2, 2011
10-11am
Learn how to take advantage of this buyer's market!
- Learn what makes this a buyer's market.
- Get information on short sales and foreclosures, and the difference between them
- A loan professional will be on hand to answer your financing questions.
- Advice on narrowing down you search for the perfect property.
- How current market trends can help you make the perfect offer.
- Get you questions answered.
843-903-0007
Posted At : January 21, 2011 4:01 PM | Posted By : The Weichert Team
Related Categories:
Myrtle Beach South Carolina real estate, Myrtle Beach Realtors, North Myrtle Beach real estate, Myrtle Beach real estate, North Myrtle Beach oceanfront real estate, real estate in Myrtle Beach, Myrtle Beach SC, North Myrtle Beach Realtor, WEICHERT, REALTORS, Little River Real Estate
If you are looking for Myrtle Beach Real Estate, or North Myrtle Beach Real Estate, Check out this new Listing!!
Beautiful Ocean Front Condo..Located in the Anderson Ocean Club and Spa...This unit has lovely views of the Grand Strand and is located near the Newboardwalk in Myrtle Beach....(Pending Cont Contract).Unit sleeps 4-6 people with 1 King bed and sleeper sofa and features a Murphy bed...AOC is one of thehighest rated locations in Myrtle Beach...
You are welcome to stop and visit one of our Weichert Open Houses this weekend. Our Sales Associates will be on site and ready to answer any questions you may have about Myrtle Beach Real Estate and surrounding areas. If you're not in town this weekend, feel free to give us a call at 843-903-4443 or 843-280-4445.
Here are some of the properties that you can visit this weekend:
Sunday 1-4pm 120 Red Tip Blvd. Little River :
Sunday 1-4pm 4200 Coquina Harbour Drive. Little River
Saturday 12-3pm 4604 Cypress Bay Court. Carolina Forest
For a complete list of Weichert's open houses, Click Here.
  
Myrtle Beach is located in South Carolina and is a true masterpiece of the Grand Strand. The area is one of the fastest growing areas in the country due to its moderate temperatures and first class amenities. They offer first class dining, shopping, fishing, golf, shows, and everything you could imagine. It's a great place to make your dream become a reality with North Myrtle Beach oceanfront real estate.
North Myrtle Beach oceanfront real estate is in high demand as its one of the top destinations in the country. Some of the oceanfront property available are condos, homes, villas, and more. Imagine waking up every morning to the gentle sound of waves, the sun coming up over the Atlantic Ocean, and the harmonious sounds of the seagulls. This is an ideal location and it offers everything you could possibly need or want.
If you're in the area around Christmas you may enjoy the Dixie Stampede, which is a fabulous family activity where you can enjoy a delicious meal while watching a Christmas show with horses and a talented crew of actors and actresses.
Posted At : October 9, 2008 10:34 AM | Posted By : Weichert Realtors
Related Categories:
South Carolina, Pawleys Plantation, Hunters Ridge, Arrowhead, North Carolina, Covington Lake subdivision, Lakes of Lockwood, Grand Strand area, Seaside Plantation, July 4th, real estate in Myrtle Beach, Inflation, Interest and Mortgage Rates, Myrtle Beach South Carolina real estate, WEICHERT, REALTORS, North Myrtle Beach oceanfront real estate, Carolina Forest real estate, Litchfield Plantation, protect your real estate, Loris, Mortgage, Myrtle Beach SC, Myrtle Beach real estate, Myrtle Beach condos
Two encouraging bits of real estate news brightened my morning today.
First, pending home sales, based on contracts signed in August, jumped unexpectedly to the highest level since June 2007. According to Lawrence Yun, chief economist for the National Association of Realtors, this improvement was a result of improved affordability and lower interest rates.
In addition, the Mortgage Bankers Association reported that mortgage applications increased 2.2 percent last week due to lower home loan rates.
More pending home sales and loan applications mean more closed business. Paired with the expectation of freer credit moving forward and the $7,500 buyer tax credit, this is all promising news for the real estate industry.
"It pays to ask" and it also pays to tell. Pick up the phone and share this news with your prospects and clients. Let them know that now is the time to buy.
Let's move this market,
Posted At : October 2, 2008 9:37 AM | Posted By : Weichert Realtors
Related Categories:
South Carolina, Pawleys Plantation, Hunters Ridge, Arrowhead, North Carolina, Covington Lake subdivision, Lakes of Lockwood, Grand Strand area, Seaside Plantation, July 4th, real estate in Myrtle Beach, Inflation, Interest and Mortgage Rates, Myrtle Beach South Carolina real estate, WEICHERT, REALTORS, North Myrtle Beach oceanfront real estate, Carolina Forest real estate, Litchfield Plantation, protect your real estate, Loris, Mortgage, Myrtle Beach SC, Myrtle Beach real estate, Myrtle Beach condos
Credit Update!
Do not believe everything you hear on the NEWS! You are witnessing a POLITICAL tug of war right now.
I have had several of my business partners (Agents) call and ask me if it is getting harder to lend money…here is the bottom-line, you can pass this information off to your clients & prospects if you wish.
FHA is financing 97% of the purchase price. SunTrust is STILL financing 95% second home. The Mortgage Insurance companies have put higher credit score requirements in place, but the biggest challenge would be on 2nd home and investor properties with most of what I have been seeing for second homes credit scores being over 680…NO PROBLEM… otherwise we FHA for lower scores on primary home, and get a better rate anyway.
THE SKY IS NOT FALLING!
- USDA & VA is lending 100%. For information on Rural Development, feel free to call me. You will be surprised to know how much of our area qualifies for that product.
- Fannie & Freddie…Like I said, we still do 95% financing on both Primary & Second home
- Jumbo Money…Still available and strong.
I saw a report the other day that showed that the national sale price had only dropped 2.2% over the last couple months. (CNBC) That is great news, and shows a potential bottom.
courtesy of ed bucchino
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