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VIDEO: What Does the Future Hold for the Grand Strand Real Estate Market?

Real estate can often be a rollercoaster ride. Markets will boom and then they will crash. It’s just how the market works. So, what can we expect in the Grand Strand for 2016?

Well, to make some predictions, I have spoken with some agents in places that our market seems to trail. These places are South Florida, Southern California, and Phoenix. My friends in these markets all told me the same thing. In the last 60-90 days they’re seeing the days on market increase, they’re seeing more price reductions, and inventory is rising. We’re very healthy right now, and I expect 2016 to be our fifth consecutive year of positive progression.

However, we have to keep in mind that we cannot ride this wave forever, and other market sectors appear to be waning a little. This is no cause for alarm, but you should know that these great market conditions just cannot last forever.

If you have any questions about this, or if you would like to contact me in order to get your home on the market before the spring hits, please don’t hesitate to reach out!