Best Location for Coastal Real Estate

As the nation’s second-fastest growing real estate market, the Grand Strand has an abundance of properties to fit every budget.

More than 12,000 homes have been built along the Grand Strand since 1994, second only to Naples, Fla., for growth in residential real estate, according to Michigan based researchers U.S. Housing Markets.

“The market had been pretty stable up until about six years ago, and then it took off like an atom bomb,” said Charlie Brindel, executive vice president of the Coastal Carolina Association of Realtors. “ With the beach and all the golf courses and entertainment attractions we have, people just want to be here.”

Experts say low prices, flexibility of choices and excellent investment potential are among the factors driving the boom. Phil Cox, Broker-in-Charge of Resort Vacation Services at The Myrtle Beach Resort concurs. “The Myrtle Beach Resort has seen the demand for resale condos sky-rocket in the past two years. It’s like everyone has finally learned that beach front properties will soon be out of reach for the average second home investor. Fortunately, this is a big resort and offers condos in a variety of price ranges. “

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