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Coastal Carolina Area Real Estate
John Rakoci ABR CREN

June 2010

With John Rakoci licensed in North and South Carolina, your pursuit of buying or selling property along the Grand Strand is made much more convenient.

Address:
John Rakoci
4245 Sea Mountain Hwy
Little River, SC 29566
john@rakoci.com
(843) 655-7777

Please visit my website at www.rakoci.com. It has local information and you are able to search both NC and SC MLS listings!

A huge THANK YOU to all that have referred friends and relatives!

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Remember, you can search the MLS in North Carolina as well as South Carolina from my website. Easily search from Wilmington NC to Georgetown SC.

Broker Associate Eagle Realty Licensed broker in North and South Carolina

john@rakoci.com www.rakoci.com (843) 655 7777

In This Issuse
	Oil NOT expected here The Stats for May are in Foreclosures! Wish YOU were Here!!
	Day Trip to Historic Southport
	Fishing Update - what a difference a couple weeks can make! Spotlight Properties. Check out new prices!!!
Oil is NOT expected to hit the Beaches On June 18th an in the Sun News stated the oil leak in the Gulf of Mexico was expected to have little or no impact on Carolina Beaches. James Morris is director of the University of South Carolina's Baruch Institute for Marine and Coastal Sciences near Georgetown. He says he doesn't expect the spill to result in birds covered in oil on the South Carolina coast. Professor Chuanmin HU of the University of Florida stated the oil has not gone into the 'loop current' and gulf stream which could bring it to the eastern coastal beaches. A representative of the National Oceanic and Atmospheric Aministration states and oil that would reach the Carolina Beaches would be diluted. May Real Estate Stats The recent headline "Myrtle Beach AREA Real Estate Finds Footing" was welcome to see. Many believed the end of the tax credits would end the steady rise in local sales. Although one month is not a trend, May indicated that the area market does not always follow national trends. The MLS (CCAR) numbers have shown single family home sales rose 25% and condo sales rose 11% of the same month last year. Over that time frame single family home prices dropped 5% and condo prices dropped 1%. Tom Maeser, a local real estate analyst for CCAR believes there will not be a lot of changes from where we are now and we may see price increases by the end of summer. About 45% of sales were by cash, 46% conventional loans, and the remainder by FHA and VA. Surely current interest rates at such low levels are having a positive impact on sales. Foreclosure Listings A Search of homes listed as in foreclosure at CCAR over the past 3 months found found 147 listings on June 19. Those listings are priced from $19,900 to $1,399,900. There are 85 condos and town homes listed in the Coastal Carolinas MLS listed from the same time frame. are priced from $34,900 to $367,500. The Coastal Carolina Assn of Realtors MLS covers Horry & Georgetown counties. Some listings from the coastal area of N C are included. Click here or paste the following in your browser for listings of detached homes: http://ccar.fnismls.com/publink/default.aspx?GUID=da4e63b5-461c-465f-b7f7-88952ec1a294&Report=Yes Click here or paste in your browser for listings of condos and townhouses: http://ccar.fnismls.com/publink/default.aspx?GUID=8ead8ffb-966d-4fde-9ec5-0e55b5061da5&Report=Yes Only the new foreclosure listings over the past 90 days will be posted. If anything may be of interest, keep the MLS number or address for future reference. -------------------------------------------------------------------- Wish you were here, don't you wish it too? A quick trip to Pa was made to be with my mother while she had biopsies done on her hip.Painful as it was she was a real trooper! It was great seeing my daughters and grandsons too. The boys will be here on the 26th for their 1st trip of the summer and will stay about 2 weeks. We took the neighbors boat out last week. Maybe one day I'll be able to do OK with a cast net but Bob caught the bait. We drifted for a while in hopes of catching dinner. It was impossible to keep the sharks off the hooks. Three of us each caught several 2 1/2 - 3 1/2 foot sharks and had a great time. I also caught a great sunburn. Company will be arriving. They have plans for the beach, the planetarium, a Pelicans ball game, shopping, fishing, various music venues, and the lists go on and on. There are at least 34 golf courses in Brunswick County. Has anyone played all 654 holes?
..................................................... Two friends have a total of 3 timeshres available. These are for prime weeks in May and June/July. Anyone interested will be put in direct contact with the sellers. --------------------------------------------------------- Moving or updating and in need of window treatments? Sunshine Designs of Ocean Isle Beach NC will happily assist clients from Myrtle Beach SC to Supply NC. Custom Creations of Hubbard Oh has been making clients happy from Hubbard Oh to Hermitage Pa. Both are able to assist with mail orders also. My clients that close a sale or purchase by 3/30/10 will receive 50% off labor on draperies of one room by mentioning they saw it in the newsletter. Sunshine Designs (843) 685 1889 - Custom Creations (440) 799 2811 Ladies in need of Mary Kay cosmetics should stop by http://www.marykay.com/nrakoci ------------------------------------------------------- Historic Southport Southport NC is located about 20 minutes from the SC border. It is a small town on the coast with much to do and see. Southport was a working port town with canning factories and lumber mills. Today you will find antique shops, galleries, restaurants, and shops. Views are breathtaking. The town dates prior the Revolutionary War. Stede Bonnet, the "Gentleman Pirate" was captured in one of the local creeks while his boat was being repaired. The Yankees blockaded the port during the War of Northern Aggression. There are several books available at the Historical Society office in town. You can also catch the Bald Head Island Ferry for another day excursion. Shoppers and history buffs will find a day at Southport well spent.
La Belle Ami Vineyard - the 2010 schedule of events has just been provided. I know many of you look forward to these events as I see you there. Mark your calendar for your favorites now. 2010 FESTIVAL EVENTS July 3 - Independence Music Blast @ La Belle Amie July 24 - Summer Parrot Head Festival August 7 - Dog Days Blues & Jazz @ La Belle Amie August 21 - Whole Lotta Shakin' Oldies Music Fest September 4 - Summer Breeze Music Fest September 18 - Autumn Magic Blues & Jazz Fest October 2 - Big Band Sounds Festival October 16 - Rock Back The Clock Music Fest November 6 - Island Fever Music Fest ------------------------------------------------------------------- Another vineyard you do not want to miss even if wine is not important to you. The GRAPEFUL SISTERS VINEYARD is 9 miles from N MB off RT 9. Music on thed lawn there every Saturday from 6 - 8 PM. They have an RV park for those that bring there own accomodations and an inn for those that do not. Check out all they have to offer and expect a pleasant surprise at: http://www.grapefullsistersvineyard.com/page/page/6859130.htm -------------------------------------------------------------------------------- Fishing Reports Ocean temps near piers is near 80! Tom at ProTackle in Mercer Pa is a distributor of several lines. He can often supply all your fresh and salt water needs at a great price. He has told me the bait shops and marinas are putting their orders in. Several have visited the warehouse too. Email or call him for your fishing needs at protackle1@hotmail.com or call 724 734 3452. ------------------------------------------------------------------------------------- Spotlight Properties A 2 BEDROOM / 2 BATH CONDO - PRICE GREATLY REDUCED- in Little River listed UNDER $90,000! Great location - great space- great price! Close to the beach, golf next door, shopping near by, and all the amenities of Myrtle Beach just minutes away. Bring an offer fast and you may be surprised! http://rakoci.com/listman/listings/l0018.html http://4480coquinaharbourdr.epropertysites.com/ --------------------------------------------------------------------- REDUCED!! Location, location, location AND Price! In the city of Calabash, home of world famous seafood, just moments from the ICW, and about 5 minutes to Sunset Beach! This 2 bedroom / 2 bath home has just had the interior painted and large deck painted. New carpet.... perfect for easy coastal Carolina living or a second home! http://rakoci.com/listman/listings/l0019.html http://8980jennisave.epropertysites.com/ A fantastic 3 or 4 bedroom home in a great community, almost new and pampered too! Give this Brunswick County home a look, it is close to but not in all the amenities the area has to offer! http://rakoci.com/listman/listings/l0017.html http://485slipperyrockway.epropertysites.com/ ------------------------------------------------------------------------------------------- The price on these adjoining wooded building lots have been reduced! Both are approximately 1/2 acre. They are available seperately or would make a beautiful homesite combined as well. http://619boundarylinedrive.epropertysites.com/ and http://613boundaryline.epropertysites.com/ http://rakoci.com/listman/listings/l0005.html and http://rakoci.com/listman/listings/l0013.html ------------------------------------------------------------------------------------------- Reduced Again! - owner wants an offer on this fantastic building lot in a great gated golf community. Corner lot with view of the golf course. Anyone considering building in a golf community should see this lot! Owner has other interests and wants an offer soon! http://middletondr.epropertysites.com/ http://rakoci.com/listman/listings/l0016.html -------------------------------------------------------------------------------------- Priced reduced over $30,000!! Desire a building lot and only the best will do? A prestigious lot in a premier gated golf community is available at a great price. The owner has priced this lot to sell. Thistle Downs is a community that is difficult to match. Bring an offer! http://8805kirkcaldyct.epropertysites.com/ http://rakoci.com/listman/listings/l0012.html ------------------------------------------------------------------------------ New Listings- Two more fantastic wooded building lots in Carolina Shores North in Calabash NC. They are added here together as they are side by side in the development. Each lot is approximately 1/2 acre. Close to beaches, golf, shopping, Myrtle Beach, and more! Hard to find all this at these prices anywhere near the beach. http://rakoci.com/listman/listings/l0020.html http://694boundarylooprd.epropertysites.com/ and http://rakoci.com/listman/listings/l0021.html http://698boundarylooprd.epropertysites.com/ SC reports you should look for flounder in North Inlet, Murrells Inlet, Cherry Grove and Tubbs Inlet hitting live bait such as mud minnows, finger mullet and menhaden. Look for red drum along grass banks, in creeks mouths and at area jetties hitting a variety of live bait. Piers have been reporting good bluefish catches in size and number. Near shore -Spanish mackerel, king mackerel, cobia, whiting, bluefish, flounder, black drum, red drum, black sea bass, sheepshead. Offshore gets even more interesting. Although wahoo, dolphin, blackfin tuna, billfish, grouper, black sea bass, vermilion snapper, cobia, amberjack, triggerfish are being caught it seems to be hit and miss for the trollers. North Carolina - The Jolly Mon Classic held is being held as I type. There will be some large king mackeral caught, the largest takes a $25,000 prize. Good luck to all participants and have a great time. The recent flounder tourney saw a 9.88 pounder take 1st place ahead of 7.5 pounds in second. Warm waters have brought some changes earlier than usual. Naturally, the small sharks are being caught in numbers. Kings are still being caught near shore and from piers but numbers are dwindling. Specks are near shore at night but head to deeper cooler water as the sun rises. Other spieces, especially blues, are near shore if you can keep the sharks from your bait long enough to be found.

Oil NOT expected here

The Stats for May are in