Has Hilton Head hit the Bottom?

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According to our experts, here is what to expect in 2010!

Experts in the Hilton Head real estate market include the builders, the realtors, the attorneys, the lenders and the rental agents.  We asked our trusted advisors to tell us what they see in the year ahead in real estate on the Island.  Feel free to contact these professionals directly as they are the best of the best! 

Inventory levels are now dropping on Hilton Head Island!

According to our recent market research, we have now turned a corner in the real estate market on Hilton Head Island!  We have seen a significant drop in supply in just the last month(over 10%!).

Inventories are dropping!  (Hilton Head Multiple Listing Service)

Type                  Nov 2009           Dec 2009          Jan 2010

Homes              2,422                    2,366                  2,174

Villas                1,156                     1,123                   1,014

Lots                  1,680                     1,646                   1,492

As inventory levels drop, by mid summer we should see less days on the market and less negotiability.  If you want a great property at a great price the sooner you make your move the better your chances to find!  One final thought…if you are a buyer, be sure to wire escrow deposits, as they now take up to 10 days to clear many of the banks today.  (If you have questions about real estate or the information above you can contact us directly at (843)842-0805 or by e-mail at robbie@robbiebunting.com)

Interest Rates have bottomed out according to our lender!

We are expecting rates to remain near the all time lows for the next few months, and then rising gently through the year.   The Federal Government has been financially supporting the low rates, and will continue to do so until the housing market is clearly in recovery. Our prediction by year end: Fixed rates will still be in the high 5’s/ low 6’s , adjustable  rates  in the 5’s, and jumbo mortgages will be in the high 5’s…..in other words, an overall increase of ¾%.   Buyers beware: 2010 is the low, and you really need to pull the trigger for the best rates this year. 

(If you have questions about loans or the information above you can contact David Crowell directly at (843)842-4004 or by email at dcrowell@mortgagenetwork.com)

Demand continues according to our long term rental agent!

Long term rental demand starts traditionally in March and lasts through September as a general rule.  The length of time it takes to rent a property is approximately 2 months, but it can vary, as a rental home that is rental ready, light, bright and updated will rent quicker. Furnished homes usually appeal to snow birds or people with a temporary need and usually take longer to rent. Unfurnished homes are the bulk of the long term rental market, as most people have their own furnishings.

We feel the long term rental market will be good for 2010, as there is shortage of available homes under 2,400 sq. ft. We think it is a good time for people to buy, as prices and interest rates are low and the supply for available long term rentals is low. 

(If you have questions about long term rentals or the information above you can contact Keith Miller at (843)682-4310 or via e-mail at Keith@millerlongterm.com )

Give yourself time in the closing process per our attorney!

Patience is the key for those involved in seeking either to sell or those who may be purchasing at somewhat of a bargain-basement price.  Cary Griffin indicated that 2010 will likely be full of attempted sales by sellers under duress, or “short sales”, as well as sales by lenders who have already foreclosed or taken back the property in one fashion or another.  These types of transactions tend to be bureaucratic and slow moving, but there are benefits if they are successfully completed.   Hence, both parties should expect a longer time period between contract and closing. 

From the buyer’s perspective, obviously interest rates are a key focal point.  Also, consider the fact that as of now, in 2010, there is no federal estate tax.  Therefore, buyers should consult with their estate planning advisors as to how to take title to a new primary residence or a second home as the federal estate tax documents come back to life in 2011 with higher rates and lower exception amounts than existed in 2009.  “Stay tuned” is the best advice here.

(If you have questions about contracts/closings or the information above please contact Cary Griffin at (843)785-2171 or cgriffin@mcnair.com )

Get in front of the line and build/remodel before everyone else!

2010 is starting off with great promise. There are several factors driving a stronger building market in 2010. Homeowners are seeing that the economy is on a rebound and see prices only going up from here. The timing today offers the advantage of lower costs for both construction and prime locations(tear downs are once again in favor!) 

Construction costs will start to climb in the latter part of the year as demand increases. As always, make sure that your builder/contractor uses the right quality materials for the desired end product. As consumers are looking for the very lowest price, hungry contractors might sacrifice the quality of the material to get the price that the homeowner wants. In some instances, this may not be bad – in others, it could be a problem. Communicate with your contractor to insure that you get what you want.

Overall, construction costs are currently lower than the past few years, however, as the building market continues its long and steady re-growth, costs to build will increase accordingly. Don’t wait, start building now! 

(If you have questions about building/remodeling or the information above, please contact Scott Bunting at (843)384-7468 or e-mail SBunting@buntingcompany.com)

Buy now and get ready for busy summer rental season!

This past year was very promising as we exceeded our goals in the rental market for 2009. This is the time of year where property owners are doing all the upgrades and renovations getting ready for the busy rental season ahead.  This is also the time of year where any owners wishing to change rental companies or join a rental company usually make those choices so that there is minimal loss of potential revenue. We have been booking rentals thru the winter and already have a high demand for properties during the march thru September months as our bookings are up 75% over last year. We are booking for the summer now and things are filling in very nicely. We are currently still taking Ocean View/Front properties, Near Ocean and some golf locations. We are also, in need of 4 bedroom or larger homes on the ocean or Near Ocean. We are running special packages for Palmetto Dunes for 2010 that are sure to keep everyone back for more. 

(If you have questions about short term rentals or the information above, please contact Mark Shackelford at (843)686-9638 or e-mail at mshackelford@palmettodunes.com )

Can you see the bottom from where you are standing?

We would love to hear from you what you are seeing from where you are standing in the current market.  Please e-mail us robbie@robbiebunting.com.  Thank you!

Buyer Benefits…

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  1. You will find a new Listing faster!

You will be contacted or see Properties sometimes before they even hit our Multiple Listing Service and other agents.  Some of the best properties and deals are made quickly in this market. 


  1. You will save time!

We know every property, every street and have access to all of the necessary documents that you need to get the right information to make a decision.


  1. You will save money!

Our 25 years of negotiation, can help you identify savings including: title insurance, surveys, rental maximization (if chosen), negotiation strategies and how to identify opportunities.  (Sellers pay commission with a published co-op)


  1. You Will Get The Help You Need!

Jane Hyers and I are full time and on call every step of the purchasing process. You will find that we love helping you with every detail and are on call from the time you start your search, through negotiation and closing…


  1. You Will Love Our Convenience!

We are located in the center of Hilton Head Island on 278 at Palmetto Dunes entry. (M-S, 7:30am-6pm, or Sundays, noon- 6.  We love visitors to share a cup of coffee and our latest properties and best buys.



Robbie Bunting

& Jane Hyers     


                     842-0805 or (800)932-3652                           
Fax: (866)680-1137



Who are we?

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Who we are?


Þ     Robbie Bunting is a licensed Real Estate Broker negotiating real estate for sellers and buyers on Hilton Head Island.   Robbie is also a registered representative of Dunes Securities that sells condo hotel units on the beach at the oceanfront Hilton Resort.  He lives on the Island with his wife and two children.

Þ     Jane Hyers is the teams licensed Associate.  Jane provides client services, including feedback, client follow up and marketing coordination.  Jane lives in Palmetto Dunes with her husband.

Þ     Robbie and Jane work at Dunes Marketing Group in the center of Hilton Head Island.  Through this affiliation they gain the strength of 100 full time agents in developing sellers and knowledge of properties before they are put on the market.

Þ     Robbie Bunting is in the top 5% of the REALTORS in the Hilton Head Island Area and one of the top agents with Dunes Marketing Group.  He can get the job done for you

Our Goal

Þ     Robbie Bunting and Jane Hyers goal is to “WOW YOU” with outstanding service before, during and after the Sale (buying & selling.)

Þ     We are focused and full time in our endeavors and personally serve each client the way in which they like to be served.

Þ     Results and relationships matter.  Our long history of satisfied buyers and sellers provides you with a level of comfort in initiating business with us and we would be happy to share our client’s successes with you.

Þ     We offer you the latest in technology, marketing and creativity when it comes to selling property or finding property to purchase.   We know what it takes to provide outstanding service.

Þ     Our target is to create “Raving Fans” in the real estate business.  In order to EARN your future business, your present referrals and your trust we will do what it takes.  We know serving you is an opportunity and a privilege and we take it very seriously

Þ     Upon our first transaction and thereafter, we seek your feedback and your input on our performance in order to become better in the level of service we can provide to you.

Þ     We offer our past clients programs that maximize their ownership.  

Why Choose Us

Þ     We work full time and are easy to reach 7 days a week

Þ     We help our buyers and sellers negotiate the best terms and prices

Þ     We offer creative marketing strategies that have successfully helped our buyers and sellers achieve their individual goals.

Þ     We assist our clients in every aspect and detail of the real estate purchase, sale, ownership and enjoyment of their Hilton Head Property.

Þ     We have established a network with 1,300 REALTORS ®, 100 Dunes Marketing Agents, thousands of buyers and sellers through our 25 years of helping others sell and buy real estate on Hilton Head Island.

Þ     We are centrally located on Hilton Head Island and convenient to all the Island Locations and know the ins and outs of the Island Market.

Þ     We have a long list of satisfied “clients for life” that continue to buy and sell utilizing our expertise and knowledge of the market.

Þ     We are upbeat and enjoyable to work throughout the process of buying and selling.

Þ     We will make a difference and feel that you can always call on us and count on us for integrity, competence, comfort and performance.

Call on us!  We would love to prove to you how hard we work for you>


Robbie Bunting & Jane Hyers


Copyright © 2024 Hilton Head Real Estate. All rights reserved. Disclaimer: All content on this blog is my own opinion and should not be treated as fact or relied upon when purchasing or selling real estate.
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