Mar
20

Myrtle Beach Residential Market Remains Slow

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The Grand Strand’s real estate market has been down for a couple of months, but just you wait, say two area real estate executives.

“I really feel we’re going to see the market pick up in the latter part of March and stay good through June,” said Marvin Heyd, president of Prudential Myrtle Beach Real Estate. Heyd expects a summer lull followed by a fall season that’s even better than he believes this spring will be.

Mandy Becker, broker in charge of Re/Max Southern Shores, agrees with Heyd that activity is about to heat up, but unlike him she’s not expecting a summertime letdown.

Heyd said he’s expecting the 2015 market to be even more robust with prices and activity similar to the early-boom days of 2004. Neither is deterred by the just-released February market report from SiteTech Systems that shows last month continued a trend of declining sales as compared with the same time last year.

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