Everywhere you look now you hear about how poor the housing market is. Well, Myrtle Beach is a market like no other. Situated perfectly along the coast of the beautiful Atlantic Ocean, Myrtle Beach is a one-of-a-kind resort market. Myrtle Beach has been a
summer vacation destination for millions of visitors for many decades. Myrtle Beach today is becoming a year-round tourist destination for more visitors year after year. With the opening in the Spring of 2008 of the world’s first Hard Rock Theme Park, the construction of a NASA planetarium and a major interstate coming into Myrtle Beach, pending approval of 14-gate addition to our International Airport, more golf courses per square mile than anywhere in the world, Division I Athletics, over 4,000 restaurants, and the increasingly present rumor of the possibility of gambling being legalized Myrtle Beach is the place to be.
As was reported in the Myrtle Beach Sun-News, the national median home price fell for the 10th straight month. However, it is reported that the median home price rose 5.67 percent over the past year on the Grand Strand. It is promising news that the Myrtle Beach real estate market can continue to appreciate despite the depreciation seen across the country. (http://www.myrtlebeachonline.com/104/story/294831.html)
This is extremely promising news due to the fact that the National Association of Realtors is expecting home sales to hold steady through the beginning part of 2008 with increases expected later in the year into 2009. (http://www.realtor.org/press_room/news_releases/2008/pshi_jan08_stable_existing_home_sales.html & http://www.realtor.org/press_room/news_releases/2007/ehs_dec07_ehs_rise_in_november.html)
In additon, please use any of the folowing to help with your buying experience!
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