Pee Dee area sees real estate boom - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Pee Dee area sees real estate boom

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FLORENCE, SC (WMBF) - Housing experts said they are seeing an improvement in the housing sector in the City of Florence.

According to Pee Dee Realtors Association, Florence has seen a 14 percent jump in pending house sales. Statistics from the company show people are looking to buy single-family homes.

Marshall Godwin, Co-Owner of Palmetto Properties said his company has been sitting on undeveloped acres of land for five years. Godwin said now is the time for houses to be built on that property because things are starting to improve.

"Things are starting move a little bit and we're building houses," said Godwin.

Several home owners in Florence said the city offers affordability, accessibility and activities that cater to their needs, and that's what is attractive about Florence.

Chris Green recently moved his family to Florence from Nashville. He said he was surprised to find the city a lot of businesses and industry. He said while shopping for a home, he was looking for safety and education for his kids, with the convenience of not being too far from work.

"Florence is small enough where no matter where you really live in Florence, you can pretty much get anywhere pretty quickly," said Green.

Housing experts believe that this upcoming year will be good for the housing market. Experts added that when the housing market grows, so does the job sector.

Lower interest rates, affordability and industry are all things that home owners love about Florence.

Copyright 2013 WMBF News. All rights reserved.

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