The last horrah of summer is only 2 days away!  But does that mean its time to stop looking??? On the contrary, its the perfect time to buy!  In fact i was on city-data.com today and its a great site to get stats on any city (or you can use zip code) in the country.  Housing price and sales trends, population, and other demographics.  I was looking at the myrtle beach area and Brunswich Coutny like calabash and surrounding areas in NC & SC.  Buyers, you need to be buying now with the floor in price levels here (before it starts trending upward again in 2009).  And sellers, if you bought in 2004 or earlyer, what a great time to sell and upgrade to a better property!!  Let Eagle Realty help and we look forward to working with you soon!

stable...let's look at the possible ramifications of not lowering key interest rates again.  Battle inflation...good.  Bring stability to our market where everyone is waitin for a "floor" in all aspects...good.  Keep banks from hiking up the mortgage rate to keep from losing more money...good.  All in all, this comes back to a confidence issue that all buyers need to see.  Now is a time to buy and you beeter buy if you have been wanting to because the bus is about to turn around and head in the vertical, climbing direction.  Ask your local Eagle Realty Realtor how we can help...

REMEMBER...
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JULY MARKET WATCH
 
July Active/Pending Listings
Homes: 1012 listings
Avg Price: $363,651 (-.01%)
Condo/Townhome: 867
Avg Price: $248,407 (+4.2%)
Land: 523
Avg Price: $295,062 (-4%)
Commercial: 124
Avg Price: $363,397(-4.8%)
 
July SOLD Listings
Homes: 233 (-19%)
Avg. Price: $252,972
Condo/Townhome: 227 (+5%)
Avg. Price: $191,415
Land: 57(+9%)
Avg. Price: $307,408
Commercial: 6 (+100%)
Avg. Price: $550,666
 
"Rates are Good, Prices stabalizing, Don't Wait To Buy!!"
 
Data Above Is A Representation of New Lisitngs and Sold Listings for the Month of July Only

In the midst of the sensationlism that the papers and media try to sell to you the American public that all is lost and hope is gone, i would hope you make the drastic yet rational and logical decision to turn off the news and lay down the paper and take a look around.  Now i am not nieve enough to think all of us are in the perfect situation in life, but if you are reading this you must have a computer with an internet connection and are probably sitting with a roof over your head.  A car in your driveway, though you may not drive it as much anymore, and a snack or meal within reach.  We are blessed and we should notice.  The real estate market is no different...are sales less than 2005 or maybe even this time last year?  Yes.  Are SALES more than this past winter 2008...YES!!  Is it a great time to get deals? YES!  Is inventory decreasing slightly in some areas? YES!  Are rates still low enough to take advantage of? YES!  Did gas drop by a few cents this past weekend? YES!!  I just thought you needed a few YES's in your day!  Know this, real estate is cyclical...it is always a sound investment over time (key words) and it is a great time to buy!  Don't let people control your decisions or mindset...take a look around for yourself. 

JUNE MARKET WATCH

 June Active/Pending Listings
Homes: 943 listings Avg Price: $368,864 (+5%)
Condo/Townhome: 813 Avg Price: $238,065 (-3%)
Land: 588 Avg Price: $308,632 (+20%)
Commercial: 103 Avg Price: $381,065(+2%)  

June SOLD Listings
Homes: 287 (+6%) Avg. Price: $254,943
Condo/Townhome: 217 (-7%) Avg. Price: $223,194
Land: 53(+66%) Avg. Price: $138,887
Commercial: 3 (+33%) Avg. Price: $208,403  

"Rates are Good, Prices stabalizing, It's a Great Time To Buy!!"  

Data Above Is A Representation of New Lisitngs and Sold Listings for the Month of June Only

Now how can the real estate market be down with the highest ever single-family residential sale in the country?? Donal Trumps home in West Palm Beach (or should i say estate) closes at $100 million dollars.  I have seen the estate up close and personal and what a beauty.  In comparison, why spend that kind of money when in Myrtle Beach, SC  Eagle Realty can get you ocean front for under $1,500,000 (or much less for a condo)*  The best deals on the Grand Strand in Myrtle Beach, look for the Eagle, Eagle Realty.  You need local experts who know the area and can help you find the best property for you or sell your current home.  Call or email Eagle Realty today!! 

MAY MARKET WATCH
 
May Active/Pending Listings
Homes: 937 listings
Avg Price: $351,672 (-7%)
Condo/Townhome: 820
Avg Price: $247,014 (-7.1%)
Land: 550
Avg Price: $246,695 (-9.2%)
Commercial: 81
Avg Price: $374,108(-43%)
 
May SOLD Listings
Homes: 271 (+29%)
Avg. Price: $277,336
Condo/Townhome: 233(+7.3%)
Avg. Price: $219,167
Land: 35(-2%)
Avg. Price: $163,942
Commercial: 2 (-66%)
Avg. Price: $632,000
 
"Rates are Good, Prices stabalizing, It's a Great Time To Buy!!"
 
Data Above Is A Representation of New Lisitngs and Sold Listings for the Month of May Only

Kansas & Memphis fight for the title tonite, and I am going to have to go with the Jayhawks on this one.  Not just because i picked them in my bracket (actually if they win i still lose the office pool), but because they are very impressive on the court.  They have it all together and work as one unit, one team to obtain victory and meet their goals...reminds me of our comapny, Eagle Realty.  With 2 offices to serve you in North Myrtle Beach and Myrtle Beach, we work together to build the expertise of the area to fulfill all your buying and selling needs in the coastal areas of SC & NC.  As one unit we move to find you your perfect property quickly and efficiently, listening to your needs for your new home.  When selling, our marketing plan is extensive, aggressive, and gets your property the max exposure to get it sold fast.  Local Real Estate from the Local Experts....Eagle Realty, call or contact us today!  The "madness" can be taken out of your real estate experience when you pass Eagle Realty the ball!