The internet has become an important tool for both buyers and sellers researching real estate in the Hilton Head area. If you go this route, it’s a good idea to check at least 2 or 3 of these sites to get an estimated range of value.  That’s because these sites often do not take into account the unique features of the property and can have incorrect data about the property or location.

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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

Buyers need to beware when  using Automated Valuation Models (AVM’s) to determine property values.  AVM’s are values based on averages and found on websites including  Zillow, Trulia and Homesnap .  The problem with using AVM’s is that they do not account for unique property features.  There is, however, a way to improve these AVM’s.

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