Lowered Prices in Florida and Myrtle Beach

Baywatch Resort

Fortune Magazine's reporter Jon Birger recently announced that beachhouses and condos for sale in Florida have been pushed to drop their prices by 25 to 30 percent, with plenty of oceanfront condos in the $400,000 range.

He goes on to say that prices in Cape Cod and Hamptons up north have seen little change. The wealthy in these northern beach areas are SO wealthy that their real estate prices are insignificant. It seems to be that true luxury property everywhere is unaffected by the whims and pricing of regular homes.

Myrtle Beach real estate has certainly seen prices drop somewhat, but taking into consideration how much they increased several years ago, the overall picture is not as bad as one might think.

Traditionally, condos for sale in Myrtle Beach have been several hundred thousand dollars cheaper than a comparable Florida beachfront condominium. Where their averages were usually a half million or more, ours are about $350,000.00. Now there are quite a few available for right around $300,000... Baywatch Resort in North Myrtle Beach comes to mind. They have come down a bit, but are still holding their value, due to their overall popularity as vacation rentals.

Likewise our new resorts such as Bayview Resort, Prince Resort, and the recent condo-conversions such as Coral Beach Resort are holding their prices fairly well.

Our insurance is lower than florida. Our property taxes are definately lower than Florida.
Our cost of living is low, and our winters mild. If you are dead-set on permanent warm weather and miserable summers, then perhaps Florida is worth the extra several hundred thousand.

I do think that more and more of the northern retirees are looking at homes in the Carolina's instead.

We've got more to offer at a better price than almost anywhere on the eastern seaboard. Browse through our listings of Myrtle Beach condos at www.myrtlebeachcondos.net

Myrtle Beach Condos - 2006 Update

Preconstruction hasn't slowed on the Carolina Beaches, and sales are strong. With prices still below other resort beaches, we continue to be have room for appreciation and both preconstruction and conversion projects have an excellent investment potential.

Below you'll find the most exciting preconstruction and condo conversions that are pre-selling right now, and if you join our mailing list, you'll be the first to know when other new projects are released.


The STAR of North Myrtle Beach
Prince Resort Myrtle Beach!

With amenities second to none, a prime location, and being the last of the new resorts in North Myrtle Beach, Prince Resort's Phase One on the oceanfront sold out in 48 hours! Phase 2 is directly across Ocean Boulevard, and offers great ocean views, as well as panoramic views of the Cherry Grove marshlands. With the opening for vacationers in 2007, owners in Prince Resort are now offering several resale opportunities. .

Contact us TODAY for information about units for sale and pricing.


Myrtle Beach's Sea Mist Re-development



For over 50 years, the Sea Mist Resort in the heart of Myrtle Beach has been a favorite for generations of families. This 12 acre "village" boasts the largest water park around, multiple pools, jacuzzi's, lazy rivers, and even shopping and restaurants galore. You don't even have to leave the resort unless you want to! In cooperation with HUD, the entire project is being renovated and redeveloped, with even MORE amenities and beautiful landscaping.

The renovation begins with 2 Oceanfront Condo Conversions, unbelievably priced around $150,000!There will never be a better opportunity for EVERYONE to be able to own their own oceanfront condo in Myrtle Beach, and a new preconstruction Ocean View tower is also being offered beginning at $250,000.

This will be an ongoing project for many years, as all 12 acres from 11th to 15th Ave are being rebuilt and improved, so stay tuned for each new phase to begin pre-selling!

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We appreciate everyone's interest, and thank you all for helping to make us the number one marketer for preconstruction in the area!

Take a few minutes to sign up for our permanent mailing list if you haven't already, so you won't miss out on any exciting new Myrtle Beach condo resorts as we get new ones. Many of these projects are sold out within hours of release, and it is imperative that our agents have your contact information on hand so you'll be the first for the best choice of units!

If you would like to speak with an agent now, please feel free to call us direct.
Our office is open from 9 to 5 EST. time.

The Myrtle Beach Condo Store
5307-A North Kings Hwy
Myrtle Beach, SC
877-839-0005
Myrtle Beach Oceanfront Condos
Myrtle Beach Condos

Prince Resort Myrtle Beach

Happy Holidays From New Resorts.com and The Prince Resort @ the Cherry Grove Pier!

The original information on this blog is now outdated and has been removed. Please see our Prince Resort mini-site for details about purchasing resales of these beautiful oceanfront and marsh view condominiums.

We hope you have a warm and holiday season, and a prosperous New Year!

Sincerely,

David O'Connell and The Myrtle Beach Condo Store

Myrtle Beach Condos For Sale
5307-A North Kings Hwy
Myrtle Beach, SC 29577
877-839-0005