McCormick, SC

McCormick is a small town located in the northwestern corner of South Carolina. The population was just over 2,000 in 2010 and has been declining since then. McCormick is best known for its apple orchards, but the town also has a small industrial base and some agricultural production. McCormick's economy is largely based on real estate, with most of the jobs in the town related to real estate or tourism.

The real estate market in McCormick has been struggling for several years. The number of homes sold decreased by almost 50% from 2007 to 2009 and has not recovered since then. This decline can be partially attributed to the fact that there are very few new homes being built in McCormick, as well as the fact that many homeowners are selling their homes at a loss due to weak prices and high interest rates.

Despite these challenges, there are still some good opportunities for investors in McCormick real estate. The market is still relatively young and there is potential for growth if buyers can find properties that fit their needs. Additionally, McCormick is located close to major tourist destinations such as Myrtle Beach and Charleston which could lead to increased visitation and business activity in the area.