Real Estate News and Advice
October 15, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > South Carolina > Myrtle Beach


Market Conditions Summary for Myrtle Beach, South Carolina


Reported by

Jim Spring
as of 10/11/2008:
Where will the market be in 2008? In 2007 we have witnessed major pricing adjustments as the market continued to correct itself from the over inflated pricing and buying in 2005. The correction started early in 2006 but really didn't take... MORE->
About Jim Spring

Reported by

Heather Brooks
as of 9/17/2008:
Myrtle Beach in 2006 had elevated pricing and beach property was scarce. Today with the current economy, you can buy a piece of the beach at a low price. There are lots of short sales/pre-foreclosures, foreclosures, etc. Things will not stay this... MORE->
About Heather Brooks

Reported by

Bonnie Coast -
as of 8/28/2008:
Myrtle Beach & Grand Strand - Future Growth Predicted - Federal Approval Granted for Interstate 73 South Project Route The Myrtle Beach area of South Carolina has reason to rejoice. The recent Federal approval of the I-73 road project,... MORE->
About Bonnie Coast -

Reported by

Kate Visser
as of 8/21/2008:
This market has seen a significant increase in number of condominium listings with prices dropping. Single family home prices are steady to slightly decreased. There are opportunities for buyers which have not existed in quite some time. Be sure to... MORE->
About Kate Visser


Average Current Market Rating: 1.3    (4 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.3    (4 ratings)




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Falling

Rising

Navigate: Top > South Carolina > Myrtle Beach


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.94%
15 Year Fixed: 5.63%
1 Year Adj: 5.15%
(U.S. Weekly Averages)

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