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https://finance.yahoo.com/news/zillow-fiasco-teach-homebuyers-sellers-223000709.html

What’s it like to live in Myrtle Beach, SC?

Although it's better known to outsiders as a vacation hot spot for beachgoers and golfers, Myrtle Beach, South Carolina, is also an attractive place to live for a number of reasons. Young professionals, growing families and empty nesters who are drawn to the area's mild weather and beaches set down roots here and enjoy the area's relatively low cost of living.
As a popular vacation destination, Myrtle Beach offers a high number of job opportunities for those in the tourism and hospitality industries. But even if their professions don't revolve around the region's visitors or transplants, Myrtle Beach residents benefit from living in a tourist ha...

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

“Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.”
But the sense of urgency they feel is complicated by the lack of homes for sale in today’s market. According to the latest Existing Home Sales Report from NAR:

“From one year ago, the inventory of unsold homes decreased 13%. . . .”
What Does This Mean for Sellers Today?
With buyers eager to purchase but so few homes...

Be careful and DON'T do your homework....

Hope this letter finds you well and you're ready for the Fall Season. Confusing title for sure, but wanted to share a few experiences I have had lately with Sellers who thought they had done their homework on finding what their property is worth. Most sellers in this market are putting their faith in Zillow and Realtor.com on valuations for their property...be very cautious of trusting these sites and software as they have proven (lately) to be very inaccurate. In fact, in most cases in the Dunes area, they are way off on what the real value is in today's ever-changing market. In a few instances as much as $225,000 OFF!! Can you imagine?

The sit...

3. Myrtle Beach, South Carolina

Best Places 2020-2021 Rank: 26
Metro Population: 447,775
Median Home Price: $184,675
Average Annual Salary: $36,950

Near where the South Carolina coast meets North Carolina, Myrtle Beach serves as a popular beach destination with more of a small-town atmosphere, as just 447,775 residents call the metro area home. That vibe may not last long, however. Myrtle Beach grew by 14.27% between 2014 and 2018 due to net migration, making it the fastest-growing metro area by population out of the 150 metros in the Best Places to Live ranking.

https://realestate.usnews.com/real-estate/slideshows/the-fastest-growing-places-in-the-us

https://www.10best.com/awards/travel/best-small-airport-2020/

A recent study ranked the Myrtle Beach metropolitan area as the most desirable place to live in the United States.
Using data from the U.S. Census Bureau and the Bureau of Economic Analysis, 24/7 Wall St. identified the 50 most affordable metropolitan areas Americans are moving to.
The results of the study were first published by USA Today on Oct. 18, with the Myrtle Beach metro area taking home the top spot.
“In each of the metro areas on this list, the overall cost of living is lower than the national average, and typical housing costs are more in line with area incomes than average across all cities. Additionally, between 2010 and 2018, far more people have moved to these cities than have...

9287 Marina Parkway
Myrtle Beach, SC 29572
MLS#1912707 

Grande Dunes Real Estate
Q1 2019 Market Update

2018 Grande Dunes Real Estate Market Update