Here the last month or so I have made some very intresting observations when looking at our local MLS. The most important one is if you really look, even though (as of writing this post) we have over 18,700 active listing in our MLS, there really isn't much on the market!
Now you are probably thinking I'm crazy, with over 18,000 units on the market there is a lot of Myrtle Beach real estate to choose from. Well what I'm talking about is properties that are sell-able.
this is what I mean by sell-able
1. You can put in a offer and close in 30 to 45 days or less (this takes out short sales!)
2. The property is not grossly over-priced (meaning not more than 10% higher than the properties around it)
3. A buyer can buy the home with no restrictions (no leases ect in place) and move in right after closing if they choose.
It seems that many properties including Myrtle Beach Foreclosures are still selling strong and are often getting multiple offers.
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