Happy Half Year!

As we are now half way through 2010, I wanted to wish my clients and friends a very happy half year!  As we stated at the beginning of 2010, the market is changing.  We have seen positive improvements take place and we also can see challenges ahead.  There are also several vanishing opportunities worth noting.  All in all, the first half was a great improvement over 2009.  In fact, my company and I doubled our sales and volume in the first half of 2010 compared to the first half of 2009.  We are very happy to be busy with buyers once again. 

What we saw in the first six months of Real Estate Sales on Hilton Head:

• Home and villa inventories flatten out in the first half
• The listing to selling percentage increased
• Despite the media’s affect, buyers confidence is building

What we expect in the second half:

• Less negotiability as sellers correctly adjust their prices
• Days on the market will drop with this proper pricing
• Buyers confidence will continue to build and aprehension will wain.

What opportunities do we see in the next 6 months:

• We expect to see Hilton Head properties offered that are simply too good to be true
• We expect realistic sellers to see more showings and offers in the coming months
• We expect to see investors move into the market once again purchasing Hilton Head foreclosures and vacant land.

P.S.  Please click here for our June 2010 Market Trend Study.  Information is deemed accurate above, but subject to verification by all parties(source HHMLS)