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North Myrtle Beach Foreclosure Statistics

There are 811 active foreclosures in Horry County. 77 of those are in North Myrtle Beach, 359 are in Myrtle Beach, 25 are in Surfside Beach, 5 in Garden City, and 55 in Murrells Inlet. North Myrtle Beach has in the past received a reputation to have a plentiful amount of foreclosures but as the market improves the foreclosure have dropped. North Myrtle only accounts for 9% of the foreclosures in Horry County compared to Myrtle Beach which accounts for 44%. Foreclosures are known to hurt neighborhood values and overall prices but the decrease in the amount of foreclosures in North Myrtle Beach is a positive signs for current or futures property owners!

Author: Myrtle Beach Real Estate

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