Home Shoppers On The Rise
With spring approaching, more Myrtle Beach Realtors are seeing arise in the amount of potential customers coming to the Myrtle Beach area in search of beach property. Up and down the Strand more customers are shopping for property to take advantage of the low prices created by the housing slump and foreclosures in Myrtle Beach. Selling prices of single family homes sold through the local Multiple Listing Service in December were down about 15 percent year over year to $179,000 and condo prices were down 11 percent to $140,750. Customers are seeing the value of the great deals to be had. The down side is credit is still difficult to be obtained. Money will need to be freed up to see true long term market improvement.
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