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Archive for June, 2014

VIDEO: Tips for Buying New Construction in the Grand Strand

Friday, June 6th, 2014

What to Look for When Buying New Construction
Today we will be discussing what is happening along the Grand Strand and Myrtle Beach. There has been a lot of buzz about new construction. You might have seen it in the newspapers or you might have noticed it while driving around Myrtle Beach.
In the first part of may in 2014 the amount of pending single-family homes made up 34% of the market, and all of these homes were a product of new construction, so you can already see the impact of the increased building activity.
Just a year ago in April 2013, newly constructed homes only made up 18% of the market.
Sellers will have to take into consideration that they will be selling against new construction. If you’re selling in Myrtle Beach your home will need to be priced correctly, marketed aggressively, and staged to perfection.
Another thing to point out is that if you’re buying new construction, especially if you’re looking to buy in a new development, you need to remember that the real estate agents that are greeting you are actually representing the developer.
If you are looking to buy a newly-constructed home you will definitely want to consider hiring a real estate agent to represent you in that transaction.
You will also want to hire a reputable home inspector. It doesn’t matter that the home is new, there could still be underlying issues. I cannot tell you how important this is.
If you have bought a lot and think that the time is right to build, then contact me because I could refer you to some excellent builders in the Grand Strand.

I hope this information will be useful to you. Feel free to call or email me with any questions you have about real estate in Myrtle Beach.