Myrtle Beach Real Estate continues to Boom!
It doesnt't take a rocket scientist to figure out that Myrtle Beach Real Estate is a booming market to tap into if your an investor looking to reap long term returns.
Our family has driven to Myrtle Beach dozens of times and the one thing you conitune to see is plenty of shopping centers. It's not unusual when you take in the number of tourists that visit MB.
It's kind of hard not to shop when you drive by that many stores, it's like going to a buffet.
The Grand Strand is a hot market that's fueled by tourism, as well as real estate and construction. Believe it or not the beach is a small but relatively growing area, with millions of visitors, and those visitors inject millions of dollars into the economy each month.
The National Research Bureau projects that population in the Myrtle Beach area, including North Myrtle Beach and Conway, will grow by more than 2 percent annually through 2010.
The Strands permanent population has tripled in the last 30 years. Horry County is one of the nation's fastest-growing retirement communities. In fact, nearly 20% of the population in both Horry and Georgetown Counties is older than 65. That figure can be compared to only 9% in 1980.
With the relatively low cost of living, "myrtle beach real estate" appeals to active retirees, singles, and new families. Residential opportunities abound: golf-course villas, country clubs, sprawling residences with amenities, smaller single-family neighborhoods, friendly mobile-home communities, and condominium villages.
As is the case in many resort areas, real-estate scams have posed problems in Myrtle Beach. Federal consumer watchdogs have done pretty well in helping to close down many real-estate shams in the past few years.
Bottom line there is still a wide open opportunity to take advantage of myrtle beach real estate in south carolina.
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Myrtle Beach Real Estate
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