Gov. Haley stops in Grand Strand to talk home sales

MYRTLE BEACH, SC (WMBF) - Governor Haley was  at the Coastal Carolina Association of Realtors Conference Monday.

The spotlight is on the Grand Strand, and for a good reason. The area has all the indicators to show it's back on track: reduced inventory, distressed properties are declining significantly, and prices are on the increase.

Year to date single family residential home sales are up 21 percent. The CCAR says we are on our way to a full recovery, and things are steadily improving.

For the past year, home sales across the state have been up more than 17 percent. Last month, the price range that has the strongest sales are homes above the $300,000 mark. Experts say this proves that it's not just first-time buyers who are jumping in the market, but also those looking to move up.

Realtors really want to keep this momentum going, so on Monday, there were some big topics on the table for the fall conference. For Governor Haley, realtors told WMBF News they want to hear about what we can expect for next year, as far as things that could threaten progress in the market. For example, what she plans to do to help with tax reform and also quickly rising flood insurance rates.

"There are some very big things that are ahead of us," said Laura Crowther with the Coastal Carolina Association of Realtors. "And we just wanted the Governor to come and talk, and it's always just a pleasure to have her here with us."

The CCAR Fall Conference started Monday morning at 8:30 a.m. Governor Haley was expected to speak at the closing ceremony around 1:30 p.m.

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