Cascades Myrtle Beach

Cascades Myrtle Beach The Cascades community is a small development of very nice ranch-style homes, located off Hwy 17 Bypass between Market Common and Hwy 544.

The neighborhood is immaculate, with landscaped lawns and lots of flowers.

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosu...
04/29/2024

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed.

The Headlines Make the Increase Sound Dramatic – But It’s Not

The increase the media is calling attention to is a little bit misleading. That’s because it’s comparing the most recent numbers to a time when foreclosures were at historic lows. And that lopsided comparison is making it sound like a much bigger deal than it actually is.

Back in 2020 and 2021, there was a moratorium and forbearance program that helped millions of homeowners avoid foreclosure during challenging times. That’s why numbers for just a few years ago were so low.

Now that the moratorium has come to an end, foreclosures are resuming and that means numbers are rising. But it’s...

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

Ever thought about living in the same house with your grandparents, parents, or other loved ones? You're not alone. A lo...
04/26/2024

Ever thought about living in the same house with your grandparents, parents, or other loved ones? You're not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let's check out why they think it’s a good idea to see if it might be a good fit for you, too.

Why People Are Choosing Multi-Generational Living

Sharing costs like the mortgage and utilities can make owning a home more affordable. This is especially helpful for first-time homebuyers who might find it challenging to buy a place on their own in today's market.

As Axios explains: “Financial concerns and caregiving needs are two of the major reasons people live with their parents (and parents’ parents).”

How an Agent Is Key in Finding the Right Home for You

Looking for the perfect multi-generational home is a bit trickier than finding a regular house. You've got more people, which means more opinions and needs to think...

Ever thought about living in the same house with your grandparents, parents, or other loved ones?

When it comes to the current housing market, there are some myths circling around right now. Some of the more common one...
04/22/2024

When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Let’s connect so you have an expert to help separate fact from fiction in today’s housing market.

When it comes to the current housing market, there are some myths circling around right now. 

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down b...
04/19/2024

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.

In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide to wait it out and put their plans on hold.

But when rates start to come down, things change. It goes from limited or weak demand to good or strong demand. That’s because a big portion of the buyers who sat on the sidelines when rates were higher are going to jump back in and make their moves happen.

As Lisa Sturtevant, Chief Economist for Bright MLS, explains: “The higher rates we’re seeing now [are likely]...

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action.

There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look ...
04/15/2024

There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help give you more options that fit the bill.

Newly Built Homes Are Trending Smaller

During the pandemic, homebuyers wanted (and could afford) larger homes – and builders delivered. They focused on homes that were bigger, so people had more space for things like working from home, having a home gym, bonus rooms for virtual school, and more.

But with the affordability challenges buyers are facing today, builders are increasingly shifting their attention to bringing smaller single-family homes to the market.

So, why the shift to less square footage? It’s simple. Builders want to build what they know...

There’s no arguing it, affordability is still tight.

Hiring an agent when buying a home helps you understand the buying process and the local market. They’ll also go over co...
04/12/2024

Hiring an agent when buying a home helps you understand the buying process and the local market. They’ll also go over contracts and fine print with you, so you understand what you're agreeing to. Plus, they're good at negotiating, making sure you get the best deal. Expert advice from a trusted real estate professional is priceless. Let’s connect today.

Hiring an agent when buying a home helps you understand the buying process and the local market.

Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts sa...
04/08/2024

Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner.

A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14-20.

Here’s why this matters for you. While the spring market is a great time to sell no matter the week, this may be the peak sweet spot. And if you’ve been putting your plans on the back burner and waiting for the right time to act, this could be the nudge you need to make your move happen.

But, if you want to get in on the action, you’ll need to move quickly and lean on the pros. Your local real estate agent is the perfect go-to when it comes to figuring out a plan to prep your house and get it on the market...

Are you thinking about making a move?

Buying a home this spring? If you’re having a hard time finding a home you love, and mortgage rates are putting pressure...
04/05/2024

Buying a home this spring? If you’re having a hard time finding a home you love, and mortgage rates are putting pressure on your budget, it may be time to look at newly built homes. Here’s why.

New Home Construction Is an Inventory Bright Spot

When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the number of existing homes for sale has increased this year, there are still fewer available than there were in more typical years in the housing market, like back in 2018 or 2019.

So, if you’re looking to expand your pool of options even more, turning to newly built homes can help. And the good news is, there are more newly built homes to pick from right now.

Builders Are Offering Incentives To Help with Affordability

And to sweeten the pot, builders are offering things like mortgage rate buy-downs and other perks for...

Buying a home this spring?

In today's housing market, more and more single women are becoming homeowners. According to data from the National Assoc...
04/01/2024

In today's housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men.

Why Homeownership Matters to So Many Women

For many single women, buying a home isn't just about having a place to live—it's also a smart way to invest for the future. Homes usually increase in value over time, so they’re a great way to build equity and overall net worth.

The financial security and independence homeownership provides can be life-changing. And when you factor in the personal motivations behind buying a home, that impact becomes even clearer.

The same report from NAR shares the top reasons single women are buying a home right now, and the reality is, they’re not all financial.
If any of these reasons resonate with you, maybe it’s time for you to buy too.

Work with a Trusted Real...

In today's housing market, more and more single women are becoming homeowners.

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But th...
03/29/2024

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change.

Does That Mean Finding a Home Is Easier?

The answer is yes, and no. As an article from Realtor.com says: “There were nearly 15% more homes for sale in February than a year earlier . . . That alone could jolt the housing market a bit if more “For Sale” signs continue to appear. However, the nation is still suffering from a housing shortage even with all of that new inventory.”

Context is important. On the one hand, inventory is up over the past few years. That means you’ll likely have more options to choose from as you search for your next home.

But, at the same time, the graph above also shows there are still significantly fewer homes for sale than there would usually be in a more normal, pre-pandemic market. And that deficit isn’t going to be reversed overnight.

What...

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale.

Trying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, thes...
03/25/2024

Trying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help. Look into homebuyer programs, expand your search area, and consider a multi-generational home. DM me so you have an expert on your side to help you make your dream a reality.

Trying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help.

Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the on...
03/22/2024

Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008.

That’s good news. It means the number of homeowners at risk is very low compared to the norm.

But, there’s a small percentage who may be coming face to face with foreclosure as a possibility. If you’re facing difficulties yourself, an article from Bankrate breaks down some things to explore:

• Look into Forbearance Programs
• Ask for a loan modification
• Get a repayment plan in place

And there’s something else you may want to consider. That’s whether you have enough equity in your home to sell it and protect your investment.

You May Be Able To Use Your Equity To Sell Your House

Freddie Mac explains how this can help: “If you have enough equity, you can use the proceeds from the sale of your home to pay off your remaining mortgage debt, including any missed mortgage payments...

Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008.

Address

Rockwater Circle
Myrtle Beach, SC
29588

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