When was the last time you hopped in your car to start a Hilton Head real estate search? Most buyers today just pick up their phones or jump on a computer to instantly view Hilton Head Properties.
Last week we sold 112 properties in the Hilton Head area. This was 1 week after Hurricane Matthew turned 40,000 trees into piles of debris. While some think Matthew stopped all Hilton Head real estate sales activity in the area, sales were down only 25% over last year during the same week. Here’s why….
Hilton Head Island Homes – September 2016
Home pendings in the month of September were up across the board. The stable inventories on Hilton Head Island are holding prices in check right now, but keep in mind it is an Island that is 97% developed. If you are a buyer, negotiation is firming up for properly priced properties. For the seller, their is good news as the number of months in supply(your competition) dropped in almost all sectors.
Hilton Head Island Villas – September 2016
We are seeing investors finally moving back into the Hilton Head villa market with the low prices, higher vacation rental income potential and low interest rates. Cash flow has never been better on these villas that offer short term rental opportunity.
Hilton Head Island Lots – September 2016
Until it costs the same to buy a lot and build a home as buying an existing home, lots will continue to offer compelling prices. Some of the lots offered around the Island offer some incredible locations at some incredible prices. Property owners with a lot for sale next door should explore buying the adjacent land because builders are buying up these lots and building specs.
Ready to Explore the Hilton Head Market?
If you would like to start exploring Hilton Head Properties with us, please fill out the form below and pick your Hilton Head Properties agent. They will start sending you the best buys in the area that match your needs. Thank you.
If you want a new home in the Hilton Head area, there are really only three ways to go about this. They include buying a new home from a builder, buying an older home(to tear down) or buying a vacant lot. If you are more than a few years away from making the move, think about buying a lot now. Listed below are benefits and ideas for home-site owners.
If you have ever dreamed of living in the Hilton Head area, consider buying a home site. Not only is it the easiest form of ownership, it gets your foot in the door for later on living here! Reasons to buy land also include prime locations currently offered, compelling prices and even financing for qualified buyers.
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Contrary to popular belief, summer is not the biggest selling season on Hilton Head Island. While the Island is busier, the agenda for families visiting Hilton Head during the summer is rest, relaxation and time with their families. Even if they are considering buying property in the area, their family time is too valuable to go real estate shopping. This also gives them a good excuse to return again in the fall!
Spring is here! The warmer weather, beautiful flowers, and longer days are perfect for viewing Hilton Head Properties in person. It’s no wonder that the spring season is the most popular time for buyers to start looking at properties and communities in the Hilton Head area. Before you jump in the car or book a flight, we have listed the 5 Best Strategies for Hilton Head House Hunting below.
All markets are not the same on Hilton Head Island. Some areas are stable, others are still declining and some are finally increasing in value. It pays to know what type of market a Hilton Head property is in to determine what the best strategy for selling or buying would be. The monthly charts below help establish the type of market we are in. If you do not see your area, please let us know and we will include it in the information we send to you. Read the rest of this entry
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