Well .......here we are July 2008 on beautiful Hilton Head Island. The slow economy doesn't seem to have slowed the tourists, they are here and it now takes me nearly 10 minutes to get home from the office in the evening.......of course I'm not complaining....The Hilton Head Real Estate market is still pretty flat with periodic signs of improvement followed by longer periods of relatively little sales activity...(read more)
You may have grown up visiting the Hilton Head Island and Bluffton area and know exactly where you want to be or maybe you are downsizing and have had your next neighborhood in mind for awhile. Perhaps you are relocating and have heard of many popular gated communities or neighborhoods.
If you are lucky, you will find the location of your dreams right away. However many..(read more)
Spring has sprung on Hilton Head Island... the azaleas are blooming and the island is beginning to liven up with more traffic and people thinking about how they can carve out their own little piece of paradise.
With the Loonies, among other currencies, being very strong against the US Dollar, it seems everywhere I look there are Canadian license plates in parking lots and on the street and many..(read more)
Another Thanksgiving has come and gone on Hilton Head island, and my Clemson Tigers have once again defeated our cross state rivals The South Carolina Gamecocks..so all is right and good in the world....almost. The Real Estate market shows some signs of improvements but still remains in a correction period.
Real estate sales for the Hilton Head area the month of October totaled 145,..(read more)
When the real estate market here in the Hilton Head/Bluffton area is hot, it seems like just about any remodeling project is a good investment and adds value to your home. Just a short time ago, sellers could leave holes in walls, have dirty carpets and still get top dollar. But when the market is tight like it is now, you want to be more selective about which projects you undertake...and what..(read more)
Real Estate News and what's it mean for the Hilton Head area?
Anyone remotely paying attention to the financial news over the past few weeks has seen a lot of bad news regarding the state of "subprime" or "non-conforming" loans( loans made to people who had less than stellar credit, or had an inability to document income, or loans made for amounts higher than$417k)--these..(read more)
I just returned from a 1031 tax deffered exchange seminar this morning at the Hilton Head Association of Realtors offices, a little refresher course.. Luckily, I have helped a number of clients through these transactions, so it is not as confusing as it often appears... but still find it amazing that so many of of our clients have never heard of, or are not exactly sure how this IRS code..(read more)
You may think it's too expensive, but more people are taking the plunge.
Can You Afford A Second Home?
By Vivian Marino
Published: July 15, 2007
Owning just one home isn't enough for a growing number of families. From rustic cabins to beachfront manses, second homes accounted for 36% of all residential property sold in the U.S. last year, according to the National Association of Realtors. ..(read more)
The Forecast
Home Buyers Just Might Like the Cool Summer Prices
by Lawrence Yun, Senior Forecast Economist
With homebuilders becoming more aggressive in cutting prices of new homes, those selling existing homes are coming under increasing pressure to do the same. In light..(read more)
Economic Commentary
Making a Correction
by Lawrence Yun, NAR Senior Economist
David Lereah, NAR's chief economist for the past seven years, has accepted a position at Move Inc. as executive vice president of a new business entity under Move.com. Move Inc. operates NAR's..(read more)
