Sanctuary in Murrells Inlet

Pelicans in Murrells Inlet

Murrells Inlet has long been adored for it’s natural beauty and locals are now working to protect our jewel on the South Carolina coast by designating the Inlet as a bird sanctuary.  The idea is not new to the Inlet but with thousands of new residents calling Murrells Inlet home adding some protections make sense now more than ever.

Imagine finding dead birds floating in the marsh as you meander thru the creek which is exactly what has happened due to hunters missing their target of game birds which can be legally hunted in the creek.  With new homes surrounding the Inlet and the protected areas at Huntington Beach there is new enthusiasm to change state law.

Hearing shots fire out over the Inlet is unsettling when hunting season rolls around and the Inlet surrounded by homes isn’t the wild place of years gone by.  There are much better options when it comes to duck hunting nearby and the move to protect the estuary for the birds will ensure we take care of some of our most beautiful residents.

Sign the online petition and add your name to the growing list of groups and individuals supporting this effort.

 

The Murrells Inlet Economy – Value of the Salt Marsh

The Economic Impact of the Salt Marsh in Murrells Inlet is estimated to be $720 million and not doubt deserves to be protected. The Murrells Inlet Estuary is home to many treasures for all of us to appreciate.  One of my favorite books by Charles Seabrook is worth reading as he shares stories about our coastal treasures and how we can help protect them.

 

 

Murrells Inlet is an important part of the overall economy of the Grand Strand.  The link below is to a recent news story about the Salt Marsh Economic Impact.

WMBF News Story in Murrells Inlet

Economic Impact of the salt marsh of Murrells Inlet

The Salt Marsh Economy in Murrells InletAsk any long time resident of Murrells Inlet what makes their hometown so special and it is very likely you will find the answer is the Creek!  The salt marsh not only provides a multitude of recreational opportunities it is also home to some of the top rated oyster harvesting areas in the state.

Murrells Inlet 2020 a local non-profit has recently released the Economic Impact study of the 29576 zip code noting a conservative estimate of $720 million value for our salt marsh.  It comes as no surprise that waterfront properties along the Murrells Inlet salt marsh have higher values when compared to homes off the creek.  In the study the average value of creek front homes in Murrells Inlet is $457,377 compared to $229,654 for homes that are not located directly on the creek.

The study completed by Dr. Rob Salvino of Coastal Carolina Universities BB&T Center for Economic and Community Development details economic drivers in Murrells Inlet and provides an in depth look at demographics in 29576 along with employment and visitor data that will prove invaluable to business interests in the local community.  It will also prove to be valuable for businesses considering locating in Murrells Inlet area for years to come.

A copy of the study can be found here.  To learn more about Murrells Inlet 2020 and the work they do in the Murrells Inlet Community visit their website here.

Sandra Bundy, Broker-in-Charge, B&P, Inc. Copyright 2014

 

 

What’s ahead for South Carolina Housing

Yesterday I the pleasure of joining South Carolina REALTORS® from across the state for SC Lead 2014 conference in Columbia where Joey VonNessen of USC presented the Economic Outlook for the Palmetto State. South Carolina leads the US in economic growth and several indicators point to increasing employment opportunities while wages in SC for now remain sluggish.

The annual report on the SC Housing Market shows the median sales price at a 5 year high of $157,500 with many areas meeting most of their declines. In the Myrtle Beach area median sale prices rose 4.7% to $146,500 while average sale prices rose 5.7% in 2013. Increasing price trends are expected to continue in our area in 2014 but with limited wage growth home affordability may become an issue for entry level buyers as prices increase over the next year.

Bottom line – home affordability is as good as it gets today and if you are in the market to purchase a home now might be the best time to make your move.

REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.

2nd Annual Taste of the Inlet – Supporting the Murrells Inlet Community

Over 20 area restaurants will be serving up great food at the 2nd Annual Taste of the Inlet January 26, 2014 at Inlet Square Mall from 6:15 to 9:00 PM.  The Taste of the Inlet is an excellent opportunity to come out and show your support with all funds raised during the event going to support Murrells Inlet 2020′s work in our community.

Murrells Inlet 2020 is a non profit organization that has been working since 1997 to revitalize the community and protect the Murrells Inlet estuary.  No doubt the work the group has accomplished with support from residents can be seen throughout our area.  In 2013 the Jetty Walk at Morse Park is another major project that we can all be proud of and offers some of the best views of Murrells Inlet.

Tickets can be purchased at Conway National Bank – Murrells Inlet Branch, Lee’s Inlet Apothecary in Murrells Inlet, Booty’s or the Murrells Inlet 2020 office.  Hope to see you there!

 

Murrells Inlet Home Sale Prices Year to Date for 2013

Median home sale prices in Murrells Inlet showed a 10.1% decline for the first half of this year when compared to the same period in 2012 even as foreclosures and short sales declined by 48% according to data I reviewed from the Coastal Carolinas Association of REALTORS® today.  Single family homes sold in Murrells Inlet year to date had a median sale price of $272,740 compared to $303,547 in the first 6 months of 2012.

The data of the Georgetown County portion of Murrells Inlet, which for the most part has sustained less impact from foreclosure activity and a deeper look into the home sale prices reveals a large drop in the $1 million plus homes over 2012 when 6 Murrells Inlet properties sold above the million dollar mark compared to only 2 in the first half of 2013.

In a prior post I noted the beach home bargins and new homes in Murrells Inlet which does account for some of the price declines in the market area.  With current listing inventory of 230 single family homes with a median list price of $309,500 there appears to be plenty of room for buyers to negotiate in some neighborhoods as the median sale price in the first half of the year indicates.  Contact us for help with finding your Murrells Inlet home today.  Copyright©2013 Sandra Bundy, Broker-in-Charge, B&P,Inc.  Serving the Grand Strand and Pee Dee South Carolina.

REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.

Bring your business home to Murrells Inlet

Great home and business location in Murrells Inlet.

Commercial Forest Agricultural zoning allows for many commercial uses including most types of retail, banking, and restaurants. With 1.92 acres and over 220 foot Highway frontage there is plenty of room to grow or expand your business.

2013 Home Sales Bargins in Murrells Inlet

If you’ve been looking to buy a home in the Murrells Inlet area finding a bargin can be a daunting task since house hunters snap up well priced properties in a matter of days.  Looking for a home on the beach might be where the real bargins can be found based on the latest sales numbers for homes on Garden City Beach in Georgetown County.

Home buyers in Murrells Inlet the first quarter of 2013 paid less than the first quarter of 2012 based on sales prices to date in the MLS for Murrells Inlet single family homes.  The Median Sale Price fell 15.5% while the Average Sale price shows a 12.1% decline for homes sold in the Georgetown County portion of Murrells Inlet where the MSP for all sales to date was $296,000.

Homes on the Garden City Peninsula on average sold at 73% of list price year to date while homes in Murrells Inlet sold at 93% of list price.  One ocean front property took over 1400 days to sale and closed at less than 50% of original listing price helping to pull down the list to sale price numbers.  No homes in the Murrells Inlet area sold above $1 million in 2013 while in 2012 there were 2 ocean front homes sold in excess of $1.3 million.

With 18 properties currently priced over $1 million there might be some opportunity to pick up a water front home at a bargin price especially with the recent sales on the beach that could indicate some overpriced listings and with the high market time these sellers might be ready to make a deal. Copyright©2013 Sandra Bundy, Broker-in-Charge, B&P,Inc.  Serving the Grand Strand and Pee Dee South Carolina.

Hot Neighborhoods in Murrells Inlet

The Murrells Inlet Real Estate Market is heating up as more home buyers are finding Murrells Inlet is a great place to live.  Who can blame them for wanting to be within blocks of the Murrells Inlet Marshwalk, Veterans Pier and great Murrells Inlet restaurants.  The area real estate market is definitely heating up with new homes going up just in time for the spring buying season.

New home listings in Murrells Inlet are certain to get the attention of buyers and the prime location of these Murrells Inlet neighborhoods should be part of any home buyers looking to purchase in the next few months.

Hammock Point ~ Located on the Southern tip of Murrell Inlet with 31 home sites and eco-friendly pervious streets.  New homes priced from $189,900 this new neighborhood is just a short bike trip to Huntington Beach State Park.  Some homes offer some of  the most pristine views of Murrells Inlet.  HOA $60 per month.

Murrells Inlet Village ~ Featuring new raised beach cottages starting at $169,900.  Located on the south end of Murrells Inlet just off the bike path and across from Graham’s Landing.  No HOA.

Mallory Trace ~ New homes starting at $179,100 in the heart of Murrells Inlet.

South Bay Village ~ New homes starting at $299,900 feature metal roofs, hardy plank siding, granite and hardwood flooring.  HOA $69 per month.  Located beside the Inlet Sports Lodge.

Creekside Cottages ~ Located just 1 block from the creek and Murrells Inlet Bike Path and Public Boat Landing has several 3 and 4 bedroom new homes starting at $273,000.  HOA $60 per month with a community pool.

With over 200 properties on the market for sale in Murrells Inlet there is something for everyone.  From condo units starting at $78,000 and single family homes starting at $69,900 call us today for help finding your Murrells Inlet home.  Copyright©2013 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Grand Strand and Pee Dee South Carolina.

 

 

 

What you won’t see on Antiques Roadshow ~ Myrtle Beach Edition

Murrells Inlet Indian Pottery?

I didn’t get tickets to the Antiques Roadshow last year when they set up at the Myrtle Beach Convention Center by the luck of the draw but from a dear friend who couldn’t go at the last minute and had 2 tickets she wanted to give to me.  After all I did have some Murrells Inlet ‘treasure’ the kind that does have a story from right here in my own backyard.

Picking the one item wasn’t hard since it had been in my family for as long as I could remember and I was certainly hoping to get a bit more insight into what the Roadshow Appraisers might have to share about it.  There was certainly lots of mystery about the piece since it has always been sheltered and kept out of harms way.

Growing up in Murrells Inlet we spent most of our time playing out in the creek or running around the dirt roads and as a child we often found pottery shards and a few treasured arrowheads from time to time.  No doubt these old remains were from the time when the real ‘native’ people lived in the Murrells Inlet area.

Revealing my treasure to people waiting in line only built more excitement. “Wow you are going to get on TV with that piece!” a fellow collector proclaimed.   I hoped not because what I was really hoping was to get some clues on how old it might be and of course the value is priceless as far as I was concerned.

Tribal Arts and Pottery was the ticket perscibed at the entry table where everyone shows what they have so they can be directed to the proper appraisal staff.   Now we are getting somewhere!

The appraiser asked me where the item came from and I told him ‘Murrells Inlet’.  His next question ~ “Where is Murrells Inlet?”  made me realize I wouldn’t get many answers about my piece of history that day and so the mystery remains.  It made me dig a little on my own and at least I found a good resource online for further investigation.

The good part about the Antiques Roadshow in Myrtle Beach is that it puts the spotlight on many of the important Historical Sites around Murrells Inlet and the Waccamaw Neck and as a ‘native’ thats good enough for me. ©Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Grand Strand and Pee Dee of South Carolina.