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Friday, January 9, 2015

What Can We Expect this Year in the Grand Strand?



There are many great Myrtle Beach area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (843) 654-1212 for a FREE home buying or selling consultation to answer any of your real estate questions. 


Welcome to 2015! As we begin the new year along the Grand Strand, we wanted to give you a forecast on what we anticipate the real estate market will be bringing us in this coming year. 


After talking to a lot of home builders, appraisers, and top producers, the consensus is that we will trek along the same path in 2015 as we did in 2014. This means continued growth in both the single family home and condo markets. We expect to see low inventory for another few months until spring rolls around, along with a steady 4 or 5% appreciation.


In the spring, we predict days on market to continue to be around 5-6 months. Inventory will definitely rise, but so will demand. We're predicting a fairly active market, so there will be a lot of options for buyers to choose from. 

Thanks again for checking out our blog. If you've got any specific questions about real estate or your property, be sure to give us a call or send us an email. We can't wait to hear from you!

2 comments:

cadenjacoby said...

Thanks dear for sharing great blog with us on active market. Do you have idea about Luxury Arizona Real Estate? I am looking for a nice property there but that should be in my budget so help me please.

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