Market Analysis
It seems as though the market has bottomed out in the Myrtle Beach
area. According to the Multiple Listing Service, the median home price
is down 14 percent to $180,630 for single family homes and is down 19
percent to $130,000 for condos, when compared with the same month
last year. Both condo and residential sales dropped overall through the
first six months of the year, but the decline was not as large as the
same period in 2008. However, condominium sales went up 2 percent
in June, marking the first time in two years that any local real estate
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sales have increased. Potential buyers are seeing great deals, but don’t
expect them to last too long, because as demand increases, developers
and homeowners alike with begin increasing their prices as well.
Going Green
Huntington Beach Park’s Environmental Education Center offers a
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wide variety of programming, including the chance to see loggerhead
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turtles and other endangered plant and animal species. Its freshwater
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lake is a perfect place to spy alligators and sometimes even a reclusive
mink. The park’s popular program gives visitors an opportunity to
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see some of the area’s endangered creatures up close and become
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more involved. Much of Huntington Beach Park’s marsh is now
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registered under the South Carolina Heritage Trust Program to help
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preserve its unusually pristine nature.
A movement to spread environmentally-friendly building and
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living practices has taken root at Coastal Carolina University (CCU)
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and is spreading to other parts of the Grand Strand. CCU has pledged
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to use LEED (Leadership in Energy and Environmental Design). LEED
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programs assure that sound environmental practices will be used
