Foreclosed Oceanfront 2BR 2 BA Condos are very limited.
The number of properties available through foreclosures and lender approved short sales is declining in the Myrtle Beach, South Carolina real estate market.
There are 4,718 Condo/Townhouse listings for sale and only 99 of them are a foreclosure and 53 are a lender approved short sale.
Residential Home listings (excluding manufactured homes) have 5,503 active listings and of those only 270 are foreclosures and 96 are lender approved short sales.
Even I was shocked when I did the research since all we hear about is the high number of foreclosures.