Baby boomers will make their move to Hilton Head in 2011

It is not until next year that baby boomers will begin retiring in force and this group will have major impact on areas like Hilton Head Island despite the economy.  With the “oldest” turning 65 years and the “younger” ones turning 50, these boomers will start begin their pilgrimage in numbers next year.  Although we are busy selling real estate on Hilton Head, this is the calm before the storm and we need to prepare ourselves for this deluge.  The economy may have slowed some of this group down, but it is impossible to stop them.  The key though is to be in front of them.

Hilton Head Island has “mass” appeal to retiring Baby Boomers.

The boomers shopping list includes everything Hilton Head.  With moderate sub tropiocal temperatures and 12 miles of beachfront along the Atlantic Ocean, baby boomers will head to the south and the sea.  The geographic location of Hilton Head Island provides these boomers a great location for their extended families in the north, the south or the midwest.  Boomers also favor South Carolina’s tax treatment for retirees, our health care, Hilton Head’s recreational amenities and Island events throughout the year.  They are comfortable moving here because they know the area. 

The tip of the “Retirement Iceberg” on Hilton Head Island 

Representing over 75 million Americans, the baby boomers that filled the Hilton Head rental homes and villas for the last 40 years will begin dominating the Hilton Head Housing market next year.  With over 8,000 baby boomers turning 60 years old every hour for the next 15 years we have not yet seen the widespread effects this group will have on the real estate and small businesses in the Hilton Head Area. 

The buyers cycle on Hilton Head Island

There are certain cycles with any market and in the 25 years that I have been selling real estate on Hilton Head I have seen these cycles come and go.  I believe we are now at the tail end of the best buying cycle in my career.  Of course, all housing is local, but as the economy gets better it will simply be too late to get the deals we are putting together on Hilton Head Island.  As boomers add more candles to their birthday cakes and with the relatively limited and finite resource of good properties in the Hilton Head Area…Fall 2010 is the last hoo-rah on Hilton Head to get a great deal!  We are proud to offer some of the best properties in the area and have access to all properties throughout the Low Country. 

IF YOU ARE CONSIDERING A FUTURE PURCHASING DECISION IN THE HILTON HEAD AREA OR KNOW SOMEONE THAT MIGHT BE (PLEASE FORWARD THIS NEWSLETTER TO THEM) CONTACT US AT ROBBIE@ROBBIEBUNTING.COM OR CALL US DIRECT AT 800-932-3652.  THANK YOU!