"So how IS the real estate market"
Are you getting tired of answering this question? How do YOU answer it? My response has always been, depends on whether you're a Buyer or a Seller. If you are a Buyer then it is a GREAT time to buy - low interest rates + low prices = GREAT VALUE. If you are a Seller - If you don't have to sell, then its probably not a good time to put your home on the market, however, if you NEED to sell then PRICING is key. According to Realtor.com inventory is declining on a national level and also in our market. People are searching the # 1 web site for property in Myrtle Beach. In May we ranked #75 and June #70. The activity has definitely increased in the Myrtle Beach market. I have seen increased showings, more inquiries and yes - contracts are being written. It is still a Buyer's Market and will continue that way until we see substantial declines in inventory. As of this morning, there are 4218 active residential listings-3776 have no st...