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Myrtle Beach Real Estate Investments a Good Idea?

Sat, Aug 6th 2016 7:33 am by Rose Foggotte Myrtle Beach Real Estate

Following is an except from a recent article in Forbes Magazine..  If you would like to read the complete article write us at myrtlebeach@coastalsands.com

If you’re planning to buy a home do it now, because prices are going up for the next few years, especially in Hilton Head and Charleston. Investments in single-family rentals have good potential throughout the area, but best in Myrtle Beach.

Forbes Magazine contributor Ingo Winzer

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New York to Myrtle Beach Direct Flights

Wed, Jan 27th 2016 8:12 am by Rose Foggotte Myrtle Beach Update

American Airlines announces nonstop flights between Myrtle Beach and New York's LaGuardia Airport starting June 4.  Service will be for Saturday and Sunday flights on a 50 seat Canadair Regional Jet.  Flights will depart from LaGuardia at 9am Saturday, arrive 11:34am and depart Myrtle Beach at 12:04pm Sunday to arrive in New York by 2:22pm.

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Ocean 22 Hilton Grand Vacations Club Opens July 2014

Tue, Nov 18th 2014 9:01 am by Rose Foggotte Myrtle Beach Real Estate

The 24 story Ocean 22 Hilton Grand Vacations Club will be among the tallest along the Grand Strand and plans to have first guests in early July.  In June they will begin moving furniture, training staff and putting finishing touches on the timeshare units.  The 220 unit timeshare tower will have indoor/outdoor pools and fitness center. 

Ocean 22 is one of three new towers in the works for Myrtle Beach's oceanfront.  Homewood Suites Oceanfront Resort & Conference Center plans to open in Spring 2016 and another tower at 17th Ave North is proceeding through the city's approval process.

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New NonStop Flights from Toronto to Myrtle Beach

Tue, Feb 12th 2013 10:30 am by Rose Foggotte Myrtle Beach Update

Myrtle Beach will have nonstop flilghts to Canada this summer on a carrier new to the area.  WestJet will start flying nonstop routes, twice a week  to Myrtle Beach from Toronto May 2.  The flights, on Thursdays and Sundays, will leave Toronto at 9:30am and arrive at Myrtle Beach 11:35am.  It will then leave Mrytle Beach at 12:20pm and arrive in Toronto at 2:14pm.  The seasonal service will last until Oct 24.  Tickets went on sale Monday with special introductory fares of approx $166 for one way to Myrtle Beach.

Myrtle Beach Airport update..crews are putting finishing touches on a $118million expansion which is expected to be complete March 19.

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Golf Course Renovation Projects

Wed, Sep 12th 2012 11:02 am by Rose Foggotte Myrtle Beach Update

The Barefoot Golf Resort Love Course reopened September 10.  The Championship nine at the World Tour Golf links is adding Mini-Verde Bermuda greens  is scheduled to reopen October 1.  The renovation projects all include the installation of ultradwarf Bermuda greeens which offer a premier cutting surface but becomes stressed in the summer heat.  The Love Course joins Barefoots Dye Club, Prestwick, the Grande Dunes Resort , Myrtle Beach National Kings North and Meadowlands Golf Club in reopening.

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Myrtle Beach Real Estate Sales Rise

Wed, Feb 29th 2012 8:25 am by Rose Foggotte Myrtle Beach Real Estate

Single family home sales increased 12 perent in January compared to the same month last year.  Mortgage rates have been near or at record lows.  Last week, the average rate on a 30 year fixed rate mortgage was at 3.95 percent.

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Monday After the Masters Celebrity Pro-Am

Wed, Feb 22nd 2012 10:35 am by Rose Foggotte Myrtle Beach Update

The 10th Grand Strand Hootie & the Blowfish Monday after the Masters will be April 9 at the Barefoot Resort & Golf Dye Club.  Davis Love III has committed to make his first appearance this year.  Other commitments include John Daly, Tommy "Two Gloves" Gainey and Conway native Kristy McPherson.  ESPN's Mike and Mike in the Morning is returing for a live broadcast from 6-10 am.  Tickets go on sale 11am Saturday at the House of Blues, Barefoot Resort pro shops and all Ticketmaster outlets.  Tickets are $15.
The event has sold out its approx 6000 tickets in each of the past six years and are often sold out prior to the day of the event.

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Myrtle Beach Zip Line Coming

Fri, Feb 3rd 2012 11:15 am by Rose Foggotte Myrtle Beach Real Estate

Construction has begun  on the new Zip Line attraction at the Pavilion site.  The experience will include a high tech braking system and a zipline that can carry six people at once.  People looking for even more of a thrill can also try the "free fall express".  You will go up 65 feet and walk off the tower straight down.  All right near the newly renovated Peaches Corner which reopens February 2.

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Spirit Airlines New Non Stop Flight

Thu, Feb 2nd 2012 10:59 am by Rose Foggotte Myrtle Beach Real Estate

Myrtle Beach will have nonstop flights to Dallas-Fort Worth starting in May.  The flights will be three times a week starting May 3.  They will run thru the summer, though airport officials say there is potential to extend them to 10 months a year.  The flights will run on Tuesday, Thursday and Sunday leaving Myrtle Beach at 8:10pm and arriving10:15 pm. The return flights leave 3:50pm and arrive in MYR at 7:30pm.  Spirit Airlines is the carrier.

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Air Travel Routes from Myrtle Beach Expand

Thu, Jun 23rd 2011 3:15 pm by Rose Foggotte Myrtle Beach Update

Flights to two new destinations from Myrtle Beach start this week.
Myrtle Beach Direct Air will fly two times a week to Hagerstown, MD and Lakeland, FL from Myrlte Beach International.  The flights will run Thursdays and Saturdays.

Source-The Sun News

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MSN.com lists Myrtle Beach as one of the Ten Hottest Vacation Real Estate Markets

Wed, Jun 22nd 2011 11:00 am by Rose Foggotte Myrtle Beach Real Estate

MSN.com lists Myrtle Beach as one of the ten hottest vacation real estate markets.  Based on sales figures from assessment company Clear Capital, the website says Myrtle Beach is one of the best places to find a deal on a vacation home.
MSN.com used figures from Clear Capital to figure hot how much prices have fallen in popular vacation spots. 
In Myrtle Beach, prices have dropped 34.5% since the peak in 2006.  However, since 2009, prices have only dropped one percent, which shows prices have steadied.  That price drop, the stabilization, and the potential for prices to rise again were major factors that helped land Myrtle Beach on the list.
Source- WMBF News

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Myrtle Beach Golf Rounds Increase

Tue, Jun 21st 2011 11:15 am by Rose Foggotte Myrtle Beach Update

Paid rounds played on the Grand Strand in the spring golf season increased for the second consecutive year, and the increase was more significant in 2011.
After increasing approximately 5.5 percent in March, April and May in 2010 compared to 2009, they jumped another 8.7 percent this year over last.
Marketing initiatives have driven interest.  They include an ESPN Radio campaign.  Weather and an increase in direct flights may have played a part, as well.   Source...The Sun News

 

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Myrtle Beach Top Beach Spot

Wed, Apr 6th 2011 9:30 am by Rose Foggotte Myrtle Beach Update

Myrtle Beach is the best beach destination in the US for the second consecutive year, travel website TripAdvisor announced Tuesday.  The city ranked first for US beach destinations and sixth for beach destinations worldwide in the 2011 Travelers Choice Awards.  TripAdvisor's listing is based on user reviews.

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Myrtle Beach to Toronto Flights

Fri, Feb 11th 2011 1:00 pm by Rose Foggotte Myrtle Beach Update

Flights between Myrtle Beach and Toronto begin next week for the spring season.  Porter Airlines will operate four round-trip flights each week beginning February 17 between Myrtle Beach International Airport and Billy Bishop Toronto City Airport.  The flights will be on Sunday, Monday, Thursday and Friday.

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Boardwalk up for Development Award

Thu, Feb 10th 2011 1:00 pm by Rose Foggotte Myrtle Beach Update

Myrtle Beach's boardwalk is in the running for an economic development award from the Municipal Association of South Carolina.  The 1.2 mile boardwalk also has been recognized by National Geographic as one of the top 10 boardwalks in the country.

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Hotel Ranks Among top 25 in Nation

Wed, Feb 9th 2011 1:00 pm by Rose Foggotte Myrtle Beach Update

A Myrtle Beach inn is among the "Top 25 Hotels in the United States" in 2011, according to national website Trip Advisor.  The Marina Inn at Grande Dunes, 8121 Amalfi Place, was 18th in the annual ranking.  The hotels on the list are selected base on TripAdvisor user reviews.

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Myrtle Beach Oceanfront Condo

Wed, Aug 25th 2010 5:30 pm by Rose Foggotte Real Estate Update

 

Image
5308 N Ocean Blvd
1016303 - Condo/Townhouse
Myrtle Beach, SC

Spectacular oceanfront end unit which has been recently redecorated. Upgrades include kitchen and baths with new counters,wet bar,cabinets, vanities and more. New paint,carpet and tile makes this condo look like new.Second floor gives you easy access to the beach and parking garage without the use of elevators. Amenities include in/outdoor pools, lazy river, hot tubs, raquetball, fitness and game room and restaurant.

Beach Colony Resort in the Forest Dunes section of Myrtle Beach. Oceanfront, north corner end unit offers spectacular views and space galore with four bedrooms and three baths. 

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Real Estate Market Better Than Expected

Tue, Jul 13th 2010 3:30 pm by Rose Foggotte Myrtle Beach Real Estate

The real estate market improved in the first half of 2010.  Single family homes grew 32 Percent compared to 2009 and condo sales rose 38 percent.  2,047 single family homes sold and 1,740 condos in the first half of this year.  47% of sales were purchased with cash.

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Coastal Carolina to host NCAA regional at BB&T Coastal Field

Wed, Jun 2nd 2010 10:25 am by Rose Foggotte Myrtle Beach Update

Coastal Carolina was chosen Sunday as one of the 16 regional hosts.  The NCAA Myrtle Beach Regional will be held this weekend at BB&T Coastal Field, starting Friday and running through Sunday or Monday if needed.  Tickets available at www.myrtlebeachpelicans.com 

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Myrtle Beach Boardwalk Grand Opening

Mon, May 10th 2010 11:02 am by Rose Foggotte Myrtle Beach Update

The city and MB Chamber will officially open the city's new boardwalk with a ribbon-cutting ceremony at noon, a giant flip-flop shaped cake made by TLC "The Cake Boss" Buddy Valastro.  The event kicks off at 10am and ends 10pm with non-stop entertainment staggered on two stages.  The ribbon cutting is at noon with cake unveiling about 12:30 or 1pm.  Musicians include Maurice Williams and the Zodiacs, Mark Roberts and the Breeze Band, The Coasters, The Catalinas then the finale with Ben E King.
There will also be various arts and crafts vendors, food and a beer garden.  Fireworks will end the celebration.

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