Myrtle Beach is ranked #15 in the healthiest markets!!
The Healthiest Markets for 2009
15. Myrtle Beach, S.C.
2008 total building permits: 3,211
Though permit activity dropped sharply last year, Myrtle Beach remains one of the hottest markets in the country, especially when you analyze the number of permits pulled per resident. Only 263,287 people live in the Myrtle Beach metro area, which until recently had been growing its population by nearly 5 percent a year. That means builders pulled one permit for every 82 residents. A steady influx of people, many of them retirees, are drawn by close proximity to the ocean and 117 golf courses at last count. That has helped keep home prices steady; they fell only 10 percent last year to a very affordable $174,800. Most of the home building is split between Brunswick and New Hanover counties. Jobs are dependent on the tourist industry, though, and the metro area was rocked last year when a $400 million rock-and-roll themed amusement part, Hard Rock Park, opened and then filed for bankruptcy. (The Park was SOLD this week and will re-open in May) Myrtle Beach added jobs last year, but as of December employment was decreasing at a 4.2 percent rate compared to a year earlier.
If you are interested in buying a home, condo, vacation property, investment property, commercial property, or even a business, please call Jake Lee 843-240-0431 or Ann McKinnon 843-907-6899 to get started !!
You can also search homes on the web, find out more information about the Myrtle Beach area and surrounding cities, or even make an offer online on your favorite property by going to www.SCRealEstatePartners.com