Home Buyers Finding Bargains in Myrtle Beach

Falling home prices are attracting savvy buyers to the Myrtle Beach real estate market. In June, home sales prices decreased further (down 11.1%)… but averaged fewer days on market (DOM) (down 10% to 222 days) – primarily because of bargain hunters. Lower priced homes (under $350,000) are benefiting the most.

It’s a buyer’s market.

Sellers are slowly coming to terms with the realities of a buyer’s market. If they want to sell their property, they have to offer buyers a bargain. That often means lowering prices to pre-boom levels, near or below the seller’s original purchase price. And that’s just what buyers are looking for.

What does the future hold?

S.C. Realtors® expect further decreases in home sales and prices over the next six months according to July’s S.C. Market Confidence Report. Issues of concern are foreclosures, taxes, negative media coverage, and the election.

How can I find the bargains?

Order my Special Report – How to Maximize Your Investment in a Buyer’s Market (and Avoid the Mistakes that Cost Home Buyers Thousands of Dollars). Order online on my website’s Free Reports page, or call me, toll-free, at 1-888-494-8654, Ext 212 and follow the recorded directions.

Take a look at my Best Buys page when you visit my website – www.BarbaraChartier.com.

Barbara Chartier

Data Source: Jessica Foster at myrtlebeachonline.com.