Shadow Foreclosure Inventory impact Sellers - 06/10/10 08:31 AM
Yesterday a financial planner was consulting with one of our buyers interested in a home in a desirable neighborhood in Myrtle Beach, SC and she reiterated a key point and change with lending institutions regarding foreclosure inventory. Banks have been holding many foreclosures, getting them ready to sell, and releasing slowly so not to flood the market. However, Bank of America just announced they will change from releasing 7500 foreclosures a month to 45,000 (THIS IS HUGE, BUT THERE IS TIME TO REACT). In addition to the shadow inventory, also referenced as "black cloud" inventory, there are the other foreclosures banks … (7 comments)

Myrtle Beach South Carolina New Construction - 06/02/10 11:33 PM
Myrtle Beach, SC Real Estate market offers a variety of options from oceanfront condos to single family homes on acreage. When it comes to foreclosures in Myrtle Beach, new construction in Myrtle Beachhas to be priced competitively. In the past 3 months, 45% of the new homes to sell have been priced from the $130,000's to $180,000's in price. Home Buyers need guidance when it comes to neighborhoods; floor plans/upgrades ; resale value, but how does quality get lost in the process? When buying a home, don't you look at reliability, engineering, and construction or do these essential components somehow get … (0 comments)

 
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Wendy Hodges (Davis & Hodges)

Myrtle Beach, SC

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Re/Max Southern Shores

Address: 1107 48th Ave. N. Suite 110, Myrtle Beach, SC, 29572

Office Phone: (843) 997-6664

Cell Phone: (843) 997-6664

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Myrtle Beach Real Estate agents specializing in residential and condo sales in Myrtle Beach, Murrells Inlet, Carolina Forest, Garden City, North Myrtle Beach, and surrounding areas. Foreclosure and short sale specialists for Myrtle Beach.
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