With home prices in the Grand Strand down and mortgage rates still relatively low, leading Myrtle Beach Realtor John Kim urges buyers to consider investing in Myrtle Beach real estate now. Though diminishing in number, foreclosures and short sale are currently driving prices down throughout the Myrtle Beach area.
“Even during the peak years homebuyers and investors have always seen their dollar stretch further here in Myrtle Beach,” says Kim. “Now that prices are down, they're going to get even better deals and there's a lot more to choose from as well since the inventory is high even for in-demand properties like Myrtle Beach Oceanfront homes.”
Myrtle Beach and the Grand Strand have been some of America's most beloved vacation destinations for generations and are likely to remain so far into the future. This makes real estate here an excellent choice as a long-term investment and there are numerous real estate investment opportunities currently available today.
“If you have the cash or you can get the financing, then it would be a shame not to take advantage of today's low prices,” says Kim. “It's really best to make your move now since interest rates are beginning to rise and you will have more competition once spring comes around.”
One of the Myrtle Beach area's up-and-coming realtors, Kim has been making a mark in the local real estate scene in recent years. Specializing in homes and condos in Myrtle Beach and North Myrtle Beach homes and condos, as well as other properties in nearby Grand Strand communities, he has also earned the National Association of Realtors® Certified Distressed Property Expert Certification (CDPE), allowing him to expand his services and enabling him to meet the increasingly diverse demands of homebuyers and sellers in today's marketplace.
For more information on the real estate market in Myrtle Beach, visit John Kim at his website: www.littleriver-realestate.com
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