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Just some info on Myrtle Beach foreclosures
Like much of the country, Myrtle Beach, SC has had an unpredictable housing market over the past few years. Prices in that city swelled to all-time highs in 2005 and 2006, but eventually fell off considerably in 2008 and 2009. Due to the many luxury beachside residences in Myrtle Beach, the housing prices were even more affected. While the median housing price in Myrtle Beach in 2004 was just about $150,000, the price swelled to nearly $250,000 by the end of 2006. Since then, the median housing price in Myrtle Beach has fallen back to around $150,000. While housing prices across the country have fallen, Myrtle Beach foreclosures have hurt the housing market in this South Carolina city. While Myrtle Beach foreclosures are above the national average, they are not nearly as rampant as other areas in the country, such as southern Florida, southern California, Arizona, and Nevada. Overall in Myrtle Beach, one in about 700 household received a foreclosure notice in February 2010. The foreclosure rate in Myrtle Beach seems to vary significantly by the area of the city. The foreclosure rate is the worst in the zip code of 29579. In zip code 29579, the foreclosure rate is around ... more

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