Real estate prices in Horry county (Myrtle Beach, Conway: bank owned, for sale, real estate market)

[Marylandsailor]

Does anyone know what home prices are doing right now in Horry County? I'm looking at single family homes. Anyone with first hand info?

[sheena]

Originally Posted by Marylandsailor

Does anyone know what home prices are doing right now in Horry County? I'm looking at single family homes. Anyone with first hand info?

It depends on the area, prices have been going down somewhat.

[NCN]

Be sure you check into the insurance prices. Our timeshare maintenance has gone up because of the high insurance premium. I searched for "Horry County single family homes" and came up with many different properties and a wide range of prices. We went to a Baptist Church in North Myrtle Beach and met a lot of really nice people. I wonder if North Myrtle Beach might be a good choice. We saw a lot of homes for sale in that area near the church but this was back in December of 2006. We are only about 2 hours from the beach and that is just about as close as I want to be when the storms come in.

[KITASDAD]

I Was Also Looking Into The Myrtle Beach Area, My Wife & I Are Looking For 3 Bdrm, 2 Bath, Also My Daughter & Son-in-law & 2 Very Young Kids(2 1/2 & 4 Weeks) Are Looking For The Same Type Of House. My Son-in-law Is A Car Salesman, I Also Work In The Service Dept. At A Car Dealer(30 Years). The Kids Are Looking For An Area With Good/safe Schools For The Grandkids When They Are Ready, We Heard Conway, Loris Were Nice Areas But My Son-in-law Just Met Someone That Just Moved Back To Nj From Conway & Said The Schools Were Not Very Nice, The Guys 17 Year Old Sone Agreed. What Can You Tell Me About The Area? Can't Take The Nyc Pace Much Longer

[sheena]

Originally Posted by KITASDAD

I Was Also Looking Into The Myrtle Beach Area, My Wife & I Are Looking For 3 Bdrm, 2 Bath, Also My Daughter & Son-in-law & 2 Very Young Kids(2 1/2 & 4 Weeks) Are Looking For The Same Type Of House. My Son-in-law Is A Car Salesman, I Also Work In The Service Dept. At A Car Dealer(30 Years). The Kids Are Looking For An Area With Good/safe Schools For The Grandkids When They Are Ready, We Heard Conway, Loris Were Nice Areas But My Son-in-law Just Met Someone That Just Moved Back To Nj From Conway & Said The Schools Were Not Very Nice, The Guys 17 Year Old Sone Agreed. What Can You Tell Me About The Area? Can't Take The Nyc Pace Much Longer

Check into Carolina Forest(Myrtle Beach), the schools are suppose to be better. The insurance will be better also because you are on the opposite side of the intercoastal waterway.

[RoadBoss]

Originally Posted by KITASDAD

I Was Also Looking Into The Myrtle Beach Area, My Wife & I Are Looking For 3 Bdrm, 2 Bath, Also My Daughter & Son-in-law & 2 Very Young Kids(2 1/2 & 4 Weeks) Are Looking For The Same Type Of House. My Son-in-law Is A Car Salesman, I Also Work In The Service Dept. At A Car Dealer(30 Years). The Kids Are Looking For An Area With Good/safe Schools For The Grandkids When They Are Ready, We Heard Conway, Loris Were Nice Areas But My Son-in-law Just Met Someone That Just Moved Back To Nj From Conway & Said The Schools Were Not Very Nice, The Guys 17 Year Old Sone Agreed. What Can You Tell Me About The Area? Can't Take The Nyc Pace Much Longer

Loris, Longs, N. Myrtle Beach and the Carolina Forest area of Myrtle Beach all have good schools. I would agree that Conway schools are not as good however they are far from bad. As far as home prices go you can find a nice 3/2 1800 sq. (bank owned ) 2yrs. old for about 150k or new homes from the 170k to the how much can you afford range all over the place. The pace here is much slower than the NYC area and people fro the most part are friendly and helpful. The biggest shock will be the wage difference, they are much lower than NY/NJ area. Feel free to PM with specific questions.

[Rapture]

Originally Posted by Marylandsailor

Does anyone know what home prices are doing right now in Horry County? I'm looking at single family homes. Anyone with first hand info?

I noticed a few months ago they were dropping like crazy but the last month or so, they seem to have stabalized a bit. I just read in the paper (or somewhere here) that sellers seem to be holding out longer for their asking price.

[Marylandsailor]

Thanks for all the good info. I think that sellers may be holding out for their price if they don't have to sell for a while. If they do want to sell now, they have to drop the price. Simple as that. I heard alot of sellers have taken their homes off the market. It's the same thing up here in maryland. Could be the same everywhere in the country now.

[rrufast]

A truly MOTIVATED seller may very well reduce the listing price.. however, many sellers are beginning to stick to their guns.. The single family home market, at least in this area, has leveled off and will, by most accounts, begin to hit an upswing again early to mid spring..

In real estate.. I can assure you of one thing and one thing only.. Nothing, and I do mean NOTHING is EVER just 'Simple as that.'

I think that sellers may be holding out for their price if they don't have to sell for a while. If they do want to sell now, they have to drop the price. Simple as that. I heard alot of sellers have taken their homes off the market. It's the same thing up here in maryland. Could be the same everywhere in the country now.

[yueyue76]

The real estate market is no good now everywhere in US. And the loan restriction is even make it worse! But China real estate market is still skyrocketing! You might want to invest in China real estate market rather than anywhere in US now. Or maybe you can rent houses in myrtle beach first before you buy houses. Getting familiar with the area first then decide whether to buy a property.