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.
We dodged a bullet on Hilton Hilton Head Island with Hurricane Mathew! Working together it is is amazing how much we have accomplished in such a short time. While we are picking up and mending our homes, many of our vacation properties and resorts will welcome you back once again. If you need an update on your property, a repair made or want to find out more about what’s happening in the Hilton Head area, please let us know.
Hilton Head Property Owners
If you need work done on your Hilton Head property, we have a long list of vetted contractors and service providers that we would be happy to share. We are hearing outrageous quotes for tree removal and deposits being made and workers not showing up. Our contractors are local and you can call on them now or in the future. We can also have them check the condition of your property. Keep in mind, even vacant lots should be checked for leaning trees.
Hilton Head Community Updates
Many of the communities on Hilton Head Island have been posting updates on their community websites. These communities include: Sea Pines, Palmetto Dunes , Shipyard, Hilton Head Plantation, Long Cove, and Port Royal. As well, openings around the Hilton Head area include: Golf Course Openings, Fall Specials, Parks Reopened, and Vacationers Return. Please check our facebook page for these daily updates.
Hilton Head Properties Realty and Rentals Update
Surprising enough, we have been busy this week showing property and writing contracts on Hilton Head Properties. The good news is that the Hurricane did not slow down our buyers. We can’t wait to show you our awesome properties this fall! Our rental company and crew did a fabulous job securing our vacation properties before and after the storm. They are busy again helping guests book great vacation rentals. The fall weather is wonderful and we hope you can make time to enjoy a long weekend or upcoming holiday with us.
Thank you very much for your suggestions and ideas. They were incredible and much appreciated. We are reviewing them now and will pick out the best fit in the next few weeks. It is going to be a tough decision! Stay Awesome and give Hilton Head Properties a call if we can do anything for you!
Wouldn’t it be great to own a place at the beach, on the course, or overlooking a tranquil lagoon on Hilton Head? If you are seriously considering buying a vacation home in the Hilton Head area, you have probably weighed many of the pros and cons already.
But you should carefully consider everything before you buy. Have you taken these additional costs and benefits into account? Read the rest of this entry
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We love this time of year. The pace is slower, the properties are better and the negotiations more relaxed. If you are a seller, there are steps that we can take to close out your property by year end. If you are a buyer there are present opportunities that are available now that will be gone come the new year. Read the rest of this entry
If you drive through a security gate on Hilton Head Island, chances are there is an annual POA fee for this community. POA stands for Property Owners Association which is a group of owners that oversee the roads, the security, the common area maintenance, the insurance, the lighting and landscaping in these common areas. Some of these communities also include golf, tennis, marinas and other amenities. Listed below is a list of these communities and the costs associated with ownership and purchase. Read the rest of this entry
Dear Future Buyers,
If you are thinking of buying property now or in the near future on Hilton Head Island, don’t take a chance on time. The real estate market is dishing up some fabulous properties that not only offer incredible pricing with impeccable condition and fabulous locations. That said, below is a true story about waiting to buy.
In 1986, I met Ron a potential buyer for a second home near the beach at our furnished Huntington Model. Ron was my first real contact with an IBM engineer. Ron was a pipe smoking, Volvo driving analytical. Needless to say, for the next three years we spoke on the phone or met numerous times reviewing square footages, villas for sale, homes for sale and compared price per square foot as it related to location to the beach.
I should also mention that in those years, inventories were high and prices were still adjusting as the 1986 tax laws changed the deductions allowed on multiple properties. We were in a market pretty much the same as we are today. Finally after three years Ron settled on the place we first met, a three bedroom Huntington Villa. I believe he got a furniture package included, but paid pretty much the same price he would have paid in 1986. The one thing Ron did lose while we over analyzed the market was the time he could have had with his wife and grand children enjoying it.
A few years passed by and I saw Ron again and we laughed about our search together and the formulas we developed. I asked him how the villa was working out and did he have any regrets. He told me then that the only thing he regretted was not doing this three years earlier. To finish the story, a few years ago I had a call from Ron’s wife to tell me that he had passed away.
How much time are you willing to lose waiting for a sign, or the right time or the right price? You just cannot take a chance on time and when you are finally ready, I now have all the formulas thanks to Ron!
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