The update below is from Jeff Reilley from Wiseman & Reilley, LLC on Hilton Head Island.  We have asked him to take a look at where we have been to get a better understanding of where we may be going.  These market trends help us better adapt to this changing market and help us guide our clients and customers as they research Hilton Head Real Estate.

New Sales are fueling the Hilton Head Market

Although our firm just opened May 2011, the volume of activity we have seen in the Real Estate market between our previous firm and at Wiseman & Reilley is encouraging.  While the refinance business has seemingly dried up for now, Purchases and Sales have increased throughout the spring. Interest rates have stayed low and the coming months should remain busy. The recovery has been slow but we are seeing signs of movement in the right direction.

Closings on Hilton Head

As closing attorneys we are continually dealing with the changing real estate rules. Short-sales and foreclosures are the norm and here to stay for the foreseeable future.  Lenders appear to be getting more aggressive when negotiating a short-sale for a Hilton Head seller, so it is important to have an experienced attorney handle the negotiations. We are experienced in handling all real estate transactions, from straight forward cash purchases to complicated negotiations involving short-sales for sellers.  Whether you are purchasing real estate or already own real estate and are selling or refinancing.

Please feel free to contact Jeff direct at:
Jeffrey G. Reilley
Wiseman & Reilley, LLC
Phone: (843) 842-2750
Fax:     (843) 842-2760
Email:  jeff@wr-lawfirm.com

This information is brought to you by http://www.hiltonheadrealestatenews.com/ and Robbie Bunting.  You may contact us at (843)842-0805 or email us at robbie@robbiebunting.com .  Here are the greatest properties for sale in the Hilton Head area.