Myrtle Beach Real Estate is on 'Fire' - Greg Harrelson
I know you are probably thinking, "here we go again". Aggressive statements about the real estate market were used in the past to motivate the consumer to jump into investments at any expense. That led a lot of consumers to buy into properties that may not have been good for them.
As a professional real estate agent, I know the market in Myrtle Beach is healthy and we are going to see great days ahead.
Comparing to the last few years...the market is on fire and here is why...
1) We have a shortage of listings in many categories. We have plenty of vacant lots today yet condos and homes are seeing a shortage.
2) Many of our listings are getting multiple offers. Multiple offers leads us to higher prices and quicker sell times.
3) The average DOM is dropping quick. This additional demand is driving down the inventory
It appears that we will continue to see an active real estate market this year. There is a lot of buzz about the Myrtle Beach real estate market and that publicity will continue to drive sales.
I hope you find this information helpful.
Comments(0)