Turkey Talk & Family Investments
While many of us are gobbling turkey this Thanksgiving, the topic of investments will make an excellent and exciting conversation to have over the family meal.
What is the best investment for your family? Real estate of course! Time has proven that among all investments, real estate is the safest and most profitable, if a buyer does their homework before investing.
What and where should I make my real estate investment you might ask.. As a Myrtle Beach real estate expert, of course I'm going to tell you Myrtle Beach. But why Myrtle Beach? Myrtle Beach and on an even more broad spectrum, Horry County! Why these two areas?
Horry County continues to be South Carolina’s fastest-growing area and again this year Myrtle Beach is the nation's second fastest growing metropolitan area in the country. The influx of people relocating here from all across the country is at a historic rate. In fact, according to the Census Bureau, the Myrtle Beach area's population increased by 16,802 people in 2016. That is 3.9% growth rate, 2nd highest in the nation. Tons of Baby boomers are flocking here from the north to escape the brutal winters.
Just a few reasons so many people are deciding to make this area home are: our climate is far better then Florida's, in fact we actually have four seasons here; the Grand Strand also offers some of the best quality of life and the cost of living is far lower than that in Florida, in fact it is among the best in the nation. Additionally, according to realtor.com Myrtle Beach still has some of the lowest housing costs on the nation's Southern coasts.
City Median Listing Price
Myrtle Beach SC $210K
Daytona FL $225K
Summerville SC $267K
Orlando FL $268K
Charleston SC $375K
Destin FL $495K
Miami FL $570K
Realtor.com
So what does all of this mean? It means that no matter what type of real estate investment you are interested in making, real estate in Myrtle Beach is a phenomenal opportunity. Whether you are looking for your primary residence or looking for a place to enjoy the beach occasionally and rent out the rest of the time, you just can't go wrong.
With more and more people moving here, the area is expanding and properties are appreciating at a rapid pace. All these factors make the Grand Strand a perfect opportunity for long term and short term real estate investments.
If you or anyone you know has any questions about making a real estate investment, I'm your guy! Don't Hesitate to give me a call for a free real estate investment consultation.
Barrett Neeley
843-424-4766
Sloan Realty Group
