Holly Henifo…, Real Estate Pro in North Myrtle Beach, SC

why buy property along the Grand Strand?

Asked by Holly Heniford, North Myrtle Beach, SC Wed Feb 15, 2012

Property along the Grand Strand had always been a good investment. and stiil is. People all over the world have been choosing the East coast of North and South Carolina for their vacation location for many years.

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There are fewer short sales and foreclsures on the ocean front right now than have been in the past 3 years. There are many investors local and international that are taking advantage of the great prices in all areas of the beach. North Myrtle Beach has the highest valued real estate of any area of the beaches in North and South Carolina. The variety and quality of life in this area is second to none. The city is busy planning and making a variety of activities available , many at no cost to visitors, The ocean front units in the Avista are continuing to appreciate n value and are an excellent investment property. I have sold some and have some happy owners,
0 votes Thank Flag Link Sun Jan 27, 2013
Great point Lynne. Well with properties selling at the 2002 & 2003 prices and the interest rates at record lows this is a great time to purchase here. Remember that in those years a property that was selling at $100,000 level and it is again today. But with 7% interest rates then verses today's rates at 3.5%... that cuts the monthly payments in half making any property less expensive to own! So why wait? There is no reason to wait. We still have some great prices and inventory is dropping.
Michael Atwood
0 votes Thank Flag Link Mon Jun 25, 2012
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