Myrtle Beach Market Update – October 2016
Category : Market Update
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The Beach Scoop Even though most of our area was spared with the Hurricane, it affected our sales in October. Many of the closings that were scheduled were delayed because they had to re-inspect the homes and condos before they could close and we also had several days of offices being closed. Housing stats surged 25% for the US in October according to USA Today. The mortgage market is adjusting to a new-found sense of growth. The new Presidency has promised infrastructure spending, tax cuts, and employment growth, all if achieved will bolster GDP growth with an improved economy. Along with that will come slightly higher mortgage rates, according Prime Lending. Real Estate Update: SOLD
For more detailed information visit: Market Analysis. We have had many people ask when would be a good time to sell or buy. Now could be the best time to buy before the rates increase again, it is time to move from the fence and into a new Beach Retreat. If you have any questions, Give us a call. Call or e-mail a Willis Team professional, and let us prepare you a FREE Comparative Market Analysis on your property. Or, you can visit us at: Home Value Report. Keep looking forward, you cannot change yesterday! Life’s A Beach and We Sell It! 528 Highway 17 N | ||||||||||||||||
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