Reverse mortgages are becoming more popular as seniors look to the comfort of having cash available to spend rather than using it on a house payment. Wells Fargo did a presentation for our office and I will be glad to share the details if you are interested. In a nutshell you must be 62 years or older and living the home you are getting the reverse mortgage on. You make no payments and you can take cash out in lump sum or monthly. It provides peace of mind to seniors not knowing if their retirement income will provide enough for them to live on and yet they have good equity in their home. Contact me for details.

This morning I toured three beautiful units at The Point. These are residential type condos that have the most incredible views of the Dunes Golf course as you look across the marsh. You can see several holes depending on where you are in the building, but the primary focus is overlooking #11 at the green. It is breathtaking! As you ride up the glass elevator to the enclosed corridors, you look out to the ocean. Some units also have ocean view. All have large kitchens with high end stainless appliances and granite counters. Each unit has a fireplace. The building also features an indoor pool and a rooftop balcony with a wonderful view of the ocean and the golf course. If you want to rent, it must be 6 months minimum. Once here, you will not want to leave!

The beginning of Spring has certainly brought out more buyers in the market; or should I say buyers that are starting to seriously look! I think everyone is realizing that the market is probably at it’s low and interest rates are certainly near their low. Trying to 2nd guess when rates may be lower and IF prices will drop further is going to be a disappointment to a lot of folks when they end up costing themselves money by not purchasing today. Many sellers are still holding on to the hope that the market will be back to their price soon; and these sellers are going to be disappointed too! it is a buyers market and what is selling at within 97% of asking price and moving in 30-90 days are properties that are priced at the bottom. They may not go lower, but it is going to take a long while for them to go up higher than an average annual appreciation of around 3-4%. So…some will sit and wait that year while they continue paying the mortgage and wonder why their home is not selling. If you are a buyer, buy NOW. If you are a seller, lower your price till you get a buyer (they are out there)!

Yesterday the Century 21 Boling Myrtle Beach office had the opportunity to visit the new Piggly Wiggly which will open in April at Market Common in Myrtle Beach. The new store will feature drive thru pick up service of meals; a whole new way of organizing foods…i.e. the veggie section will host fresh, frozen and canned vegetables; Meals can be ordered and prepared in advance for your freezer; Starbucks coffee in the store; Cash registers available in specific sections if you are just running in for a couple of items.

It will be a unique experience that I am looking forward to. Wish I were living in the neighborhood where I could walk to and from the store!

Myrtle Beach received a lot of attention during the January presidential debates. A sand sculpture of the candidates was created for both the Republican and Democratic debates. It brought a lot of media attention and Myrtle Beach became known to many folks across the nation that were previously unfamiliar with the area and the name!

Welcome to Marty Corley’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Myrtle Beach. Visit my website at http://MCORLEY.topproducerwebsite.com.