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| Economy |
| Myrtle Beach area sees record-high home sale prices, report says |
| 2021-07-18 |
| [WMBF News] MYRTLE BEACH, S.C. — Realtors said they aren’t surprised that sales of single-family homes in the Grand Strand and surrounding areas are at a record high. According to the June 2021 market report from the Coastal Carolina Association of REALTORS, since May, the median home sale price exceeded $350,000. That represents a 24% increase from 2020 and the largest year-over-year increase since 1999, realtors said. Other factors contributing to the all-time high spike are low interest rates, multiple offers on homes, days on market decrease by 21.3% and limited home inventory, with a 72.1% decrease, according to the CCAR. "The monthly market report numbers have proven, once again, that the Myrtle Beach area is one of the most desirable places to live in the country," Laura Crowther, CEO of CCAR, said. "And, with school still out for the summer and an increase of people flocking from large cities, it’s no wonder our housing market is in high demand." Recently, U.S. News & World Report ranked Myrtle Beach No. 1 on its list of the fastest-growing places in the United States for 2021-22. |
| Posted by:Besoeker |
| #6 Another tell is Yankees don't drive white vehicles or yield the right of way. |
| Posted by: Jean DuSable 2021-07-18 18:46 |
| #5 /\ The 'New South' American tribalism. The locals know the deal. They know the locals know the deal, but don't give a damn. They tend to cluster in like-minding, senior living environments...clinging to their MB's and Lexus'. The car tags are quickly changed. Easy to spot though, once they open their mouths. |
| Posted by: Besoeker 2021-07-18 13:50 |
| #4 #1 CT, PA and MD too. The Yankee Refugees aren't just fleeing the bad weather. |
| Posted by: Jean DuSable 2021-07-18 13:08 |
| #3 ^ Daughter's a Real Estate Agent in east San Diego County. Inventory's so low that houses sell for $40-$50K above ask, with multiple offers (including cash) in days |
| Posted by: Frank G 2021-07-18 12:00 |
| #2 In So Cal typical California above ground caves over 50 years old start at $650.000.. |
| Posted by: crazyhorse 2021-07-18 11:54 |
| #1 The evacuation and redistribution of Democrats from New York, Massachusetts, and New Jersey continues unabated. |
| Posted by: Besoeker 2021-07-18 09:50 |