The new year is right around the corner and here are a few things for 2017! A moderate housing market is in full swing for the upcoming year, even with increased mortgage rates. We highlight 2017 real estate trends for our beloved city and predicted numbers. We discuss the nation’s rapidly increasing new-construction and how it’s the highest in eight years. Lastly, we highlight another reason to love the Grand Strand.
My team is happy to answer any questions about the current real estate market or to discuss what is most important to you whether you are looking to buy, sell or invest in today’s market.
2107 is expected to be another great year! Home sales are predicted to reach 6 to 6.5 million for the first time since 2006. As of now, home sales are increasing around 12% with over 160,000 new homes to be built. Millennials are contributing significantly to these housing market changes with first time home buyers making up over half of the 2107 home buyer population.
Living in Myrtle Beach is like experiencing a permanent vacation. With over 120 golf courses, thousands of restaurants, and more than 60 miles of beach to play on. The Grand Strand offers tremendous value for locals and tourist alike:
Thinking of making Myrtle Beach your new home or home-away-from-home, Contact Us