Bubble in Myrtle Beach
"Some economists think Myrtle Beach could be headed for a bubble, but local real estate analysts say the area's market just recently got hot, fueled by the kind of national recognition needed to join the ranks of booming housing markets in other parts of the country.
Dramatic increases in first-quarter condominium sales and the number of building permits issued locally concern some analysts while others say the Grand Strand's condo market simply wasn't so good last year and this year's numbers show healthy growth.
Sales of new condos quadrupled during the first three months of this year - to 1,101 from 282 - according to Market Opportunity Research Enterprises, a real estate market research group in Rocky Mount, N.C."
Dramatic increases in first-quarter condominium sales and the number of building permits issued locally concern some analysts while others say the Grand Strand's condo market simply wasn't so good last year and this year's numbers show healthy growth.
Sales of new condos quadrupled during the first three months of this year - to 1,101 from 282 - according to Market Opportunity Research Enterprises, a real estate market research group in Rocky Mount, N.C."
posted by Little_Silvered at 10:40 AM
0 Comments:
Post a Comment
<< Home