Buying A Home In Myrtle Beach ISN'T Getting Any EASIER!

[@GennadyUzkiy]

1. looking at public stats one can see the house prices in Myrtle Beach are coming down in 2024 and are basically flat from 2022. With the end of remote work everyone knows what that means - just look at Florida. What is going to happen - no one knows. On a separate note, even if the "price" is the same, the builders are now offering 10-20K of incentives. Is it the same as prices coming down? 2. Interest rate can go up as well as down or most likely stay here for longer (the base scenario right now). That means mortgages are likely to stay as expensive. And no, it does not depend on election - Fed has only two mandates - price stability and employment.

[@factualbreakdown3072]

Not in Myrtle. Why would anyone buy a home in a higher price range with the Mortgage rate so high? Look in a community like Foxfire in North Myrtle Beach, where people drive around in Mercedes and Lexus, since they paid $125,000 or less for their home, put in high end finishes and are LIVING LARGE while downsizing!! THAT'S how you BUY a home in the Myrtle Beach area! Forget mortgages! Pay CASH and start living the life!