There has never been a better time to get more bang for your buck when it comes to buying Myrtle Beach Luxury Homes. Some Luxury Homes have even been purchased for .50 cents on the dollar! Real Estate tends to run in a ten year cycle...7 years up three years down. Eventually every market goes up again and usually exceeds the prior cycle. Guess where we are in the Real Estate cycle in Myrtle Beach? Yes, you guessed it, in the third straight year of a declining market! What does this mean for people who can't afford a Million Dollar home? It means they don't have to have a Million Dollars to purchase Million Dollar Myrtle Beach Luxury Homes. For example:
This property located in the Grand Dunes, is a high end, Myrtle Beach Luxury Home valued at $1,181,300.00 but is currently listed for $795,000.00.
Another property located in the Grand Dunes was sold in 2007 for $859,565.00. It's now listed at $569,000.00! With the quality workmanship and classy surroundings, this Myrtle Beach Luxury Home will have incredible value when the market recovers.
For Grand Dunes and Myrtle Beach Luxury Homes information: http://derekheppe.com/Myrtle_Beach_Luxury_Home.php
No one knows how long the market will remain in it's current state, but if history holds true, we will be on our way back up soon. Interests rates are still incredibly low so it's a great time to make a move on one of these high end, Myrtle Beach Luxury Homes.
In addition to homes, I have seen Luxury Condo's in Myrtle Beach sell at very low prices as well. One example is a property I was trying to help a client obtain that was purchased for $650,000+. It was a short sale(which can take 30-90 days to close), but the bank finally made a counter offer of $350,000.00. Talk about built in value!
Anyway, if you are thinking about buying a "piece of the beach," contact me anytime. We will be glad to help you with all of your real estate needs. If you want to search for some of these great deals you can also search the MLS and Myrtle Beach Luxury Homes at my website at http://DerekHeppe.com. You can add as little or as much as you want to your search criteria. Once you find a property that looks interesting...call or email me and I will happy to provide you with additional details. When you are ready to start looking at a few, I will be glad to set up showing appointments and we can begin narrowing your search.
If you don't have time to search for one of these properties yourself, send me a few specifics and I can help you narrow your search.
-Derek Heppe
RE/MAX Beach & Country
