What homeowners need to know about Point of Sale Assessments

April 29, 2008 in Development, Murrells Inlet Home Buying, Murrells Inlet Home Selling, Real Estate Values
Tags: point of sale assessments for real property, property taxes, SC Point of Sale Assessment, South Carolina Real Estate

Under a law passed in 2006 homebuyers may have suffered serious sticker shock when they received their property tax bills, especially if they had relied on what the former owner may have been paying.  The new owners are immediately taxed at the sale price of the property instead of the former 5 year assessments.
Good news [...]

Buying Real Estate in a Slow Market

April 28, 2008 in Murrells Inlet Home Buying
Tags: Murrells Inlet home buyers, Murrells Inlet Real Estate

The lastest news released from the South Carolina Association of REALTORS® shows a drop in home sales along the Grand Strand and throughout the State.  Home prices have also adjusted downward in some areas but with interest rates low, it is a good time for buyers in the market.
Buyers in a slower market may have [...]

Spring Tide 2008

April 20, 2008 in Murrells Inlet Community
Tags: earth day events, Murrells Inlet, Spring tide

For 17 years Murrells Inlet residents have devoted time and effort towards cleaning up the streets and the creek in Murrells Inlet.  Chip Smith’s vision for cleaning up the creek after Hurricane Hugo in 1989, has continued to pull the community together for a cleaner environment.  Many volunteers have helped to continue this annual clean up in [...]

The media effect

April 17, 2008 in Real Estate Values
Tags: media and real estate, murrells inlet real estate values

A recent poll conducted by the South Carolina Association of REALTORS® revealed that over 90% of agents thought the media was having a negative influence on clients.  Not surprising since a majority of the media stories on housing appear to be negative. 
There is no doubt that many homeowners have been experiencing difficulties in making mortgage payments [...]