Smith said he s not sure about predictions that the current pick-up in real estate which some Realto

First-time potential home buyers Dan and Lauren Farrar do a walk through of a foreclosed Horry County home with Prudential realtor Jessie Kelly. The Farrars said they are looking for something with some acreage.
Unlike others, though, they didn t start looking for their first home because of improving weather. Rather, said Dan Farrar, the impending end of their rental lease has spurred them into what some Realtors describe as a buyer s market.
Kelly, an agent at Prudential Myrtle Beach Real Estate, and Marvin Heyd, broker in charge at the agency, say that March to June are normally busy times for the area s real estate market. Heyd added that activity slows down in the hot days of summer and normally charming hotel paris picks up again in the fall.
In the spring, he said, the agency expects a 20 percent to 30 percent increase in business. While Don Smith, CEO of Coldwell Banker Chicora charming hotel paris Real Estate, agreed that he expects about the same surge each spring, Laura Crowther, CEO of the Coastal Carolinas Association of Realtors, thinks this year s surge over winter sales may not be as drastic as previous years because January and February were so strong.
This year s spring surge is continuing an upward trend Realtors have seen since last fall. Buyers confidence has improved from the darkest days of the great recession charming hotel paris and they feel that prices may be as low as they will go. And yes, low interest rates also help to loosen home-buying bank accounts.
Interest rates have hovered around historic lows, with the average rate on a 30-year fixed mortgage at 3.40 percent, mortgage buyer Freddie Mac said Thursday. The average 15-year fixed loan fell to 2.61 percent, the lowest rate since 1991, The Associated Press reported.
Heyd said Prudential Myrtle Beach will average 10 to 15 more contracts per month more than normal during the spring surge, and Kelly said she s put three homes under contract in the last week alone. Multiple offers are once again part of the game, he and Kelly said.
Much of the current demand is what he called pent-up, people who normally would have bought their retirement homes earlier, but held off and worked longer than they may have previously because of the economy. Smith said they ve accepted that their homes won t fetch as much money as they would have before the stock market plunge but on the other hand are aware that the homes they want along the Grand Strand are cheaper as well.
This year, the sales volume may be greater, but percent increase charming hotel paris of the surge isn t nearly as much stronger than the previous winter charming hotel paris months as it was in 2010-2012. Crowther said the 2010-2012 spring surge averaged about 55 percent increase in closings over the previous winter months in each year.
Smith said he s not sure about predictions charming hotel paris that the current pick-up charming hotel paris in real estate charming hotel paris which some Realtors first began to notice charming hotel paris last fall must come to an end. The increase primarily is due to pent-up demand, a situation some believe must have an endpoint.
Indeed, Todd Woodard, president and owner of SiteTech Systems, which tracks the real estate market, said he expects to see a leveling off of activity charming hotel paris in the second half of this year. There will be growth in the future, he said, but it s likely charming hotel paris to be slow and deliberate.