Myrtle Beach, one of the top tourist destinations in the country, is rapidly also becoming one of the top housing markets in the country. The South Carolina beach town has long been known as a great family vacation spot along the Atlantic Coast. Featuring beautiful white sandy beaches, world class golf courses, and countless other accommodations; Myrtle Beach attracts close to 14 million people a year to this once small, unimposing beach town. Today, thousands of people are going from one time tourists to fulltime residents, buying new homes at a rate faster than most major cities. Many people have found the area a great place to call home with many different jobs available in the ever growing tourism sector. Recent new additions like the Freestyle Music Park, Ripley’s Aquarium, and the Myrtle Beach Pelican’s baseball team have helped to bring even more people to the city.

The city is full of countless different attractions that draw people from all ages. The city’s location itself provides one of the greatest attractions; the gorgeous beachfront area. The beach provides entertainment for the whole family with its stunning views, warm water, and clean sandy beach. Dozens of restaurants, shops, and hotels are lined along the coast. Numerous events like the Myrtle Beach Marathon, Can-Am Days, and various other events help make the city more exciting and draw people together along the beach. Read more »

One of the other biggest attractions for Myrtle Beach is its reputation as the “Golf Capitol of the World”. Although more famous courses are found throughout the country, Myrtle Beach hosts an impressive number of courses and resorts. The city offers over 120 golf courses as well as a number of miniature golf courses. This large number of courses available has helped to attract golfers of all kind, especially retirees. Thousands of retirees have moved into waterfront communities along the shore to enjoy the warm weather and abundant opportunities for entertainment. Retirement communities have played a large part in the new housing development of the city.
It’s not surprising that the largest industry in Myrtle Beach’s economy is its strong tourism sector. Tourism brings billions of dollars to the Myrtle Beach economy every year, financing the many different shops, hotels, restaurants, etc. As Myrtle Beach continues to create new attractions and becomes even more popular, revenue should increase and help strengthen the city’s economy. Housing sales should increase as well from the large number of tourists who end up staying ore moving back as soon as possible.

Sales Trends
Myrtle Beach is one of the hottest housing markets in the country with beautiful waterfront communities being built everyday in the area. Housing sales have taken off as more and more people find the area more than just a great vacation spot. With several different highlights like a great school system, an increasing job market, and a safe, fun environment; Myrtle Beach has become an ideal place to raise a family. The city has gained recognition as one of the top housing markets in the country in a recent report by Hanley Wood. The report highlighted the city’s ability to continue to create jobs and grow in population. The report also focused on the city’s ability to keep housing prices stable from the strong building activity that has continued to fair well. With 3,211 new home sales in 2008, Myrtle Beach continues to build and sell homes despite a tough economy. To take a look at the complete report by Hanley Wood on their site click here  « Close »