Real estate blog entries tagged with prices drop on oceanfront condos by Thomas Cunningham Coastal Carolina Real Estate Connection (Buyers' Choice Realty)

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Home : Blogs : Thomas Cunningham Coastal Carolina Real Estate Connection : Coastal Carolina Blog : Tag "prices drop on oceanfront condos"

prices drop on oceanfront condos: Prince Resorts 2Br/2Ba Direct Oceanfront Condo in North Myrtle Beach SC - 07/05/09 06:28 PM

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prices drop on oceanfront condos: Myrtle Beach Condo Market in Peril?? - 03/02/09 01:31 PM

Myrtle Beach Condo Market in Peril?? What's happening to our condo market here in Myrtle Beach, SC?? The beginning of February, our Broker pulled statistics for North Myrtle Beach Oceanfront Condo pending Sales. Much to our surprise, that number was 24%...... Wow, 24% of our current inventory was Pending a sale (having Contracts to purchase in place) Our average number is normally 2.5%, so you can see that a Tenfold increase is a big deal considering how tough the market has been lately.
My major concern with this information was that the majority of these offers were contingent on … (6 comments)

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