Myrtle Beach Real Estate

Now is the Time to Buy! 

Donald Trump was recently interviewed on Larry King and when asked what he thought of the current real estate market, he stated: “It’s an amazing situation. There are tremendous opportunities. You know what is interesting; I was begging people not to buy real estate two years ago. And everybody was interested in buying and now they are less interested, and this is the time they should be going out—not buying but negotiating to buy. This is the Time!”

There are several reasons for this especially in Myrtle Beach.

1. Building permits are down approximately 37% which means when the current inventory is sold, prices will start to escalate again and you want have as much choice.
2. There are 10,000 baby boomers retiring everyday and 25% to 30% are heading to the southern coast for the quality of life.
3. Baby boomers are not only the largest group but wealthiest.
4. We have several major events happening in our area. The Hard Rock Theme Park, Market Commons coming to the old airbase, and we have a lot of things for people to do while visiting our beach
5. Myrtle Beach is the #1 Beach according to Yahoo Travel.
6. We are the #1 Golf destination
7. Interest rates are at an all time low and if people continue waiting, they may end up paying more due to the cost of the interest increase.
8. Over the long term, Real Estate has historically been your safest investment.
9. The number of households is expected to increase 15 percent during the next decade, creating a high demand for housing.

I am sure that you can find other reasons but as you can see, there is enough evidence to support “Now is the Time to Buy”

The Willis Journal is a real estate sales analysis journal for Myrtle Beach real estate. The Willis Team Professionals have created this information to help our viewers to better understand what is currently going on in the real estate market. You will see that we also have created an analysis for some communities within the Myrtle Beach, South Carolina and will soon be adding more real estate sales analysis.

Home | Real Estate Analysis | Find A Home | Home Value | Myrtle Beach Blog
Community Links | Contact a Realtor

© Copyright 2005-2007 The Willis Team. All rights reserved