For Sale - Single Family Home in Conway

Single Family Home For Sale

This three bedroom, two bathroom home has recently be listed for sale. The home has new carpet throughout and fresh paint. The home is located in the Partridge Glen neighborhood conveniently located near Coastal Carolina University between Hwy. 501 and Hwy. 544. The neighborhood also has no HOA dues.

If you would like to receive more information about this home or other homes in the Myrtle Beach area, please contact Kathy Rukat at (843) 267-2710 or Kathy@KathyRukat.com. Information about the Myrtle Beach area real estate market can also be found on my website at www.KathyRukat.com.

New Listing

Coral Beach Resort
***Short Sale***

This ocean front condo sleeps 6. The resort is an award winning, family friendly complex.

Purchasing Investment Property

New Lending Rules Effective November 1, 2008

Effective November 1, 2008, no Private Mortgage Insurance (PMI) will be available for investment properties. If you are thinking about purchasing investment property, you will now have to put down 20% of the loan amount. PMI will still be available for primary homes and second homes.

If you have any questions, please call Kathy Rukat at (843) 267-2710 or email at Kathy@KathyRukat.com.

Listing Update

628 Summer Drive

The property located at 628 Summer Drive, Conway, SC has successfully closed. The list price for the property was $90,000 and the property sold for $85,000. This home is located off of Highway 544 near Coastal Carolina University and the property has 3 bedrooms and 2 bathrooms.

For Sale - Single Family Home in Murrells Inlet, SC

9651 Kings Grant Drive, Murrells Inlet, South Carolina

This 3 bedroom, 2 bathroom home is for sale and currently listed at $180,000. The house is centrally located in Murrells Inlet. Mature landscaping dots the front and back yards of this home located on a cul-de-sac. The large backyard is completely fenced. Owners have recently painted the master bedroom, shutter and front door and replaced the wallpaper in the kitchen. Immediately when walking in the living room, you will notice the vaulted ceilings and open floor plan in the neat as a pin home. The living room, kitchen and dining room occupy the front of the home while all bedrooms are located in the back of the house. Flooring in the foyer, kitchen, dining area and bathrooms have been upgraded to tile. The master bedroom features a garden tub and solid surface countertops. Large closets complete all bedrooms and the master bedroom has two walk-in closets. The sellers are providing a home warranty.

For additional information on this home, contact Kathy Rukat at (843) 267-2710 or Kathy@KathyRukat.com.

Is the Housing Crisis Over?

Yes says Cyril Moulle-Berteaux with the Wall Street Journal in an opinion piece.

"The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now."
**Taken from the May 6, 2008 opinion piece by Cyril Moulle-Berteaux in the Wall Street Journal

Read the complete article.

Happy Birthday, North Myrtle Beach!

North Myrtle Beach celebrated its 40th birthday today, Wednesday, May 7, 2008.

The leaders of the small towns of Cherry Grove Beach, Ocean Drive Beach ("O.D."), Crescent Beach and Windy Hill Beach thought they could be more successful as one larger city versus several smaller towns. The merger came after more than a year of discussions. The towns incorporated in 1968, and leaders decided to name the town North Myrtle Beach. The name was chosen to play off the success and popularity of Myrtle Beach, a few miles south.

Over the last 40 years, the town has grown considerably. When the town incorporated, it consisted of about 350 beach homes connected by unpaved roads. Now, North Myrtle Beach has about 13,000 full-time residents, four lanes of Highway 17, condos and many businesses. Barefoot Landing has grown into a major shopping area from a hand-full of stores.

I've seen the changes first hand in North Myrtle Beach. My family vacationed for years in North Myrtle Beach in the Crescent Beach section. We stayed in the same home each year, and my sister and I thought it was "our" beach house! Then, only a few high-rise condos dotted the landscape. Most of the condo complexes were low-rise (2-5 stories). We always visited Bert's Surf Shop and had to buy a t-shirt on Main Street in O.D. During the day, we relaxed at the beach and played in the ocean until the lifeguards went home. We ate dinner at the White Point restaurant - then, it was located west of 17 where the Alabama Theatre now sits. Highway 22 and Highway 31 did not exist. It was basically one way in and one way out!

North Myrtle Beach has definitely "grown up" over the years. I have tons of great memories of time spent in North Myrtle Beach with my family and friends. The former small beach towns incorporated 40 years ago to form North Myrtle Beach have surely given many other people wonderful memories as well.

Happy 40th Birthday, North Myrtle Beach!