The Greater Myrtle Beach Area Real Estate Market Update for May 2014 The month of May was another very active month for real estate sales in Myrtle Beach area. 556 Homes were sold and 413 condos were sold. Days on the market are decreasing which means properties are selling faster. Looking ahead to next month, properties under contract have skyrocketed. Below is a breakdown of the data as … [Read more...]
Vacation Home purchases up 29.7%
Vacation Home Sales Vacation home sales surged last year. According to the 2014 Investment and Vacation Home Buyers Survey by the NAR, vacation home sales rose 29.7% from the previous year. For many baby boomers, owning that vacation home is making more and more sense as their home values have increased and their stock portfolios have almost recovered fully from the Great Recession of the … [Read more...]
Americans believe that Real Estate is still the best long term investment
Real Estate Best Long Term Investment According to a recent study by Gallup, there has never been a time that real estate hasn't been seen as a better investment. Even though we've gone through a rough decade. This brand new Gallup Study shows that if you take a look at all the different types of investment, real estate - according to their poll - still comes out as the best long-term investment … [Read more...]
