Every market is unique, yet the national sentiment has given rise to the notion that housing markets are stalling. Although desirous buyers are out on an increasing number of showings, there remains a limited number of desirable listings. And although mortgage rates have remained enticingly low, home prices have reached unaffordable levels for many new entrants into the housing pool at exactly the same time that established owners are proving to be less interested in moving.

September 2017 Monthly Indicators

New Listings were down 16.9 percent to 434. Pending Sales decreased 11.0 percent to 292. Inventory shrank 12.9 percent to 2,169 units. Prices moved higher as Median Sales Price was up 1.7 percent to $295,000. Days on Market increased 18.2 percent to 156 days. Months Supply of…

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Lancaster real estate sales to become berkshire hathaway homeservices, november 14, 2017

Bill True, Randy Smith and the whole team here at Lancaster Real Estate Sales are excited to announce that they will be joining the fast-growing real estate brokerage network, Berkshire Hathaway HomeServices as of November 14. The company will be re-branding itself and start operating as Berkshire Hathaway HomeServices Hilton Head Realty.

“We are thrilled to join Berkshire Hathaway HomeServices, a brand we’ve watched and admired for some time. We believe the brand is ideally suited for our markets with strong appeal to luxury-home, second-home and vacation-property consumers. It’s also scalable -- accessible to anyone who wants to buy or sell a home.”

Randy Smith, Principal / Broker in Charge

As part of the new transition, the Hilton Head…

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hilton head concours d'elegance, november 4/5, 2017

Early in the twentieth century, when the automobile became a device within the reach of more and more Americans, it was referred to by those folks who had lived during an era when most transportation was provided by horses as ‘a motor.’ The word automobile was not part of the English language until 1895 and even then, only in limited use.

By 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…

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