Hello Friend,
Are you keeping an eye on the Grand Strand real estate market? If so, you’re not alone. I’ve been receiving a lot of calls lately from clients asking what’s going on and what they should expect next.
While I don't have a crystal ball, I can share what we're seeing in real-time—and offer a few tips that might help whether you’re planning to sell or just riding out the market.
📽️ Video Update: Myrtle Beach Real Estate – The Future of the Market
(Be sure to check out the video above where I dive into more detail about the market trends and what you should know.)
📊 What’s Happening Right Now?
One of the biggest concerns I’m hearing is: “Are home prices going to drop?”
As of today, according to the MLS, we are not seeing prices decline. In fact, while some national economists have scaled back their forecasts for appreciation, the general consensus is that we’re heading into a flat market.
That might sound underwhelming—but flat is much better than falling.
📈 A Surprise Shift: Interest Rates Just Ticked Up
Just when we thought mortgage rates might ease up, they did the opposite. We saw an unexpected rate increase yesterday, which caught a lot of us off guard.
Even with that surprise, we are not yet seeing negative market effects. But I’m watching the numbers daily, and I’ll continue to keep you posted.
🤔 Thinking of Selling in 2025? Let’s Talk Now
If selling your property is part of your 2025 plan, let’s get ahead of the curve. Reach out to me now so I can give you detailed, personalized data about your home and help you position it for the best possible outcome.
📞 Call me at 843-213-8754 – I’d love to chat.
🛡️ Not Selling This Year? Here’s What You Can Do
Even if you're not planning to sell anytime soon, there are still ways to protect your investment:
Shop around for better insurance premiums to reduce your monthly costs.
Keep an eye on refinancing opportunities—they may not be immediate, but it’s smart to stay informed.
I go into more detail in my video update above, so give it a watch when you have a moment.
Have a great day, and let me know how I can earn your business—now or in the future.
Warm regards,
Kevin Mills
Your Realtor
📱 843-213-8754
