If a homebuyer’s positive feeling toward a certain state influences their real estate decisions, then South Carolina is definitely getting a lot of love. According to the National Movers Study from the United Van Lines, South Carolina ranked second among the states nationwide with the highest percentage of inbound moves. This study further outlined that, in the nearly 4,100 moves to the state, 61 percent of them were inbound, and 36 percent of them were retirees.
Oregon led the study’s rankings of the states with the highest inbound movers, while North Carolina closely follows South Carolina. The study further saw that, among the people moving to South Carolina, most of them came from Florida, Virginia, and North Carolina, and they often cited job-related reasons as the cause of their relocation.Read More »
Fortunately, Myrtle Beach, SC real estate professionals sympathize with first-time homebuyers, thus presenting housing options to clients that are suitable to their lifestyle needs, not to mention apt for their budget. From oceanfront condos to houses near the shore, real estate in Myrtle Beach is something one should definitely consider.
Individuals who decide to invest in affordable real estate in Myrtle Beach, SC, can relish in the so-called “American Dream”. With a house of their own, they are at liberty to change anything that they wish for a more comfortable living environment. Even better is if they are able to purchase a waterfront property—an investment that is very likely to appreciate over time. Then again, owning a house also equates to taking on all the maintenance duties and eventual repair that may need to be done (a fair trade, all things considered).
The South Carolina Association of Realtors expounded on their findings regarding the effect of high mortgage rates to the sales of houses. They emphasized that in spite of the sky-high price tag that comes with the homes that are up for sale, the demands for such increases as well. Given this information, future consumers would likely encounter the chaos in the whole marketplace as real estate professionals tries to keep pace with their needs.
Aside from the expenditures included in the whole process of owning a home, more factors must be taken into account before deciding on which property would become your dwelling place. The size of the house, facilities, and location are some of the elements considered to ensure that potential buyers will find the ideal residence suitable for their needs.
When you’re out checking properties for sale in Myrtle Beach, SC, a beachside home is probably one of the best choices available. Aside from a pleasant view, having a home by the sea has several benefits. Here are some of them:Read More »
This is good news for professional Myrtle Beach realtors, further backed up by the fact that single-family home sales in Myrtle Beach set a record last year for volume. It reached 5,843 in sales, which was 500 more than that of 2013. This should somewhat come as no surprise since earlier in 2014, Myrtle Beach was on a housing streak, though experts then were unsure how long that would last. Sales of single-family homes seemed to flatten out in May but picked up since then, to establish the current record.
Situated near the convenience and appeal of the famous Grand Stand of South Carolina, having real estate in Myrtle Beach is a great investment. The cost of living is low and the quality of life is high, which is why more people are deciding to transfer there. Also, with the cost of living somewhere around 7 percent lower than the nation as a whole, the dollar has a higher buying power here than any other place.
According to another report by The State regarding home sales, “Topping out at 5,843, the 2014 total was 500 more than the number sold in 2013, which also marked a record.” The high mark was set in June with 581 single-family home sales which declined through November but picked back up again in December. The single-family sales in November were up 7.5 percent compared to the previous year.
It was analyzed that the ‘baby boomers’ were among the strongest buyers in 2014 because they were starting to retire. It was noted, however, that younger buyers are also taking an interest in the market and there is hope that this trend will continue. It is expected that there will be no change in interest levels this year and that the market should continue to be strong. It was reported that the median single-family sales price in the end was higher than the previous year.