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The Hilton Head Homes Blog

If the last few months are an indication of the temperature of housing markets across the country, a period of relative calm can be expected during the last three months of the year. A trend of market balance is emerging as we approach the end of 2018. Prices are still rising in most areas, and the number of homes for sale is still low, but there is a general shrinking of year-over-year percentage change gaps in sales, inventory and prices.

October 2018 Market Reports


New Listings were up 17.2 percent to 674. Pending Sales increased 2.8 percent to 446. Inventory grew 2.6 percent to 2,327 units. Prices moved higher as Median Sales Price was up 5.5 percent to $334,060. Days on Market decreased 9.5 percent to 134 days. Months Supply of Inventory was down 10.2 percent to 5.3

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Sea Pine Forest Preserve

From the moment you enter The Sea Pines Resort Forest Preserve you have no doubt that you have arrived in a very special place.

Established in 1970 via special covenants filed by the Sea Pines founding family, Charles and Joseph Fraser, the Sea Pines Forest Preserve is a protected area for wildlife habitat and outdoor exploration. Since the very humble beginnings of a few hiking trails and resting enclaves, the preserve has grown to include bridle paths, wetland boardwalks, bridges and fishing docks.

This 605-acre parcel of land set aside by the developers of The Sea Pines Resort, features sand ridges, forests, wetlands and ponds, and an extraordinary field of wildflowers.

Sea Pine Forest Reserve entry

Having personally hiked and biked the natural, boardwalk and dirt

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Chosing a Home when DownsizingWhether you have lived in your current home for decades or only a year, as you get older, you may find that you have too much space.  Additionally, thanks to stairs, slippery floors, and poor central air or heating, your old home may no longer suit your needs.  As a result, many seniors are increasingly choosing to downsize.  The process of selling and buying a home is always difficult, but it can be made much easier with proper planning.  Here are some strategies that can help.

 Choose a house that accommodates your medical needs

The most critical step is choosing a house that will accommodate your unique medical needs while also suiting your design preferences.  For instance, if you have trouble with your legs, hips, or ankles, you may not want to

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hilton head island concours d'elegance logo

In 1997, when Paul Doerring established "The Cars at The Creek" in Moss Creek Plantation it was a show concentrated on the use of the ‘motor’ in automobiles. Paul Doerring’s dream brought together a few hundred auto aficionados that came to display their vintage automobiles and view those restored and displayed by their fellow enthusiasts. The Cars at The Creek was the direct ancestor of Hilton Head Island Concours d'Elegance.

Twenty-one years later Doerring’s low key (by comparison) dream has expanded to last ten days and take place in two states.

In 2018, the entire festival will last from October 26 thru November 4, 2018 and will celebrate the colorful history of all motoring experiences from motorcycles to airplanes.

An unbelievably

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Some economy observers are pointing to 2018 as the final period in a long string of sentences touting several happy years of buyer demand and sales excitement for the housing industry. Although residential real estate should continue along a mostly positive line for the rest of the year, rising prices and interest rates coupled with salary stagnation and a generational trend toward home purchase delay or even disinterest could create an environment of declining sales.

September 2018 Market Reports

New Listings were up 1.6 percent to 441. Pending Sales increased 31.5 percent to 338, the eighth consecutive month of year-over-year gains. Inventory shrank 0.5 percent to 2,253 units.
Prices moved higher as Median Sales Price was up 6.1 percent to $312,990. Days on Market decreased

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lowcountry shrimp boil

Lowcountry dining has been an experience in healthy, nourishing, fresh foods for as far back as human history in the South Carolina Lowcountry can be traced, 8,000 BC.

shrimp and grits, lowcountry cuisineShrimp and Grits, probably the most popular and most consumed dish of the Lowcountry, has been being prepared in much the same way since the mid sixteenth century when it was introduced to the European settlers by the South Carolina coastal tribes of Native Americans.

We are not exactly sure when Native Americans devised the making of Grits from corn, but we do know that Indians were growing maize (an ancestor of modern corn) in South Carolina long before Vasquez de Ayllon, an official in Hispaniola, settled five-hundred colonists on the coast in 1526

Shrimp has been in the

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berkshire hathaway homeservices hilton head bluffton realty - bluffton office team

The Bluffton real estate market is growing---and so are we!

We are thrilled to announce the opening of a brand-new facility in downtown Bluffton, located on The Promenade in the Old Town historic district. You might say it’s about location, location, location.

Randy Smith, Broker/Owner:

We could not have selected a better location for our new office. The Promenade is the heart of Old Town. It’s all happening right here, right now, and we are excited to be a part of it. With access to architects, builders, legal professionals and others who support the real estate process, we know we are in the right place at the right time

Bill True, Owner/Broker:

Bluffton is one of South Carolina’s fastest-growing communities. This expansion into the…
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Rising home prices, higher interest rates and increased building material costs have pressured housing affordability to a ten-year low, according to the National Association of Home Builders. Keen market observers have been watching this situation take shape for quite some time. Nationally, median household income has risen 2.6% in the last 12 months, while home prices are up 6.0%. That kind of gap will eventually create fewer sales due to affordability concerns, which is happening in several markets, especially in the middle to high-middle price ranges.August 2018

 

New Listings were up 28.9 percent to 674. Pending Sales increased 10.9 percent to 490, the seventh consecutive month of year-over-year gains. Inventory grew 1.3 percent to 2,250 units.

Prices

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30th Annual Beach Sweep/River Sweep***Postponed - Reschedule date TBD***

The May River enriches our lives, there are many real benefits to ensuring we protect it including a stronger economy, diverse food products, and outdoor recreational opportunities unique to Lowcountry. Each year we get the chance to come together and give something back to the River through the Town’s Annual Cleanups!

 The 30th Annual Beach Sweep/River Sweep (and the 11th year that we have participated) will be on Saturday, September 15th at the Oyster Factory Park from 9:00 – 11:30 am. Thousands of volunteers across the state participate annually in this event, which is South Carolina’s largest one-day, volunteer, litter clean-up of beaches, marshes and waterways.

 Shout

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