The percentage of U.S. home sellers cutting their asking price declined again in March, and home owners made smaller reductions in prices, according to a report by real estate website Zillow.com.
According to the Associated Press, Sales of new homes took the biggest monthly jump in 47 years in March while orders for most large manufactured products rose by the largest amount since the recession started. New home sales rose 27% nationally in March, bouncing off February’s record low the Commerce Department said Friday. We feel that with the weather finally changing from the harsh Winter, we will see a great improvement this Spring/Summer season. We are already seeing a great improvement in our sales here at the Beach as you can see from our March, 2010, Sold activity in Horry and Georgetown County as reported through the CCAR MLS as of April 18, 2010. The tax credit has some impact on our sales but not as much as in other areas of the country. The biggest increase in March was an astounding increase over the same period a year ago. With prices low and interest rates at an all time low, Now is a Great Time to Buy!
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March 2009 | March 2010 | % of Increase/decrease |
| Land | 43 | 39 | - 9.39% |
| Residential | 276 | 327 | + 18.48% |
| Condominiums | 186 | 335 | + 80.11% |
April is the time for new growth and new beginnings. SOS Spring Safari is in full swing!! People are Rocking and Rolling around North Myrtle Beach. Spring , Sunshine and Blue skies are in Myrtle Beach!! Let us know if we can help you with anything here at the Beach! We can be reached seven days a week!
Be ready for some great things happening at the beach!!
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