America’s next property boom revealed: The beautiful waterfront towns where prices are about to skyrocket
The US waterfront housing boom is shifting from Florida to other coastal towns, with prices expected to rise in areas like Myrtle Beach and Portland, Maine. These previously overlooked towns are becoming increasingly popular, driving up demand and home values.
The US waterfront housing market is experiencing a shift, with demand moving away from Florida's overheated coastal markets to other beach towns across the country. Myrtle Beach, South Carolina, is one such area, with an average home price of $318,683, below the national average. As it evolves from a tourist hotspot to a year-round residential market, prices are expected to soar. Portland, Maine, is another emerging hotspot, attracting buyers with its charm and proximity to Boston. Its average home price is around $543,125. Even established markets like San Diego, California, are expected to see price changes due to shifts in interest rates and housing supply. As demand rises in these areas, the window to buy at current prices is closing.
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