New residential real estate activity has been relatively slow in the first quarter of 2018, yet housing is proving its resiliency in a consistently improving economy. Some markets have had increases in signed contracts, but the vast majority of the nation continues to experience fewer closed sales and lower inventory compared to last year at this time. Despite there being fewer homes for sale, buyer demand has remained strong enough to keep prices on the rise, which should continue for the foreseeable future.

March 2018 Market Overview

New Listings were up 3.9 percent to 774. Pending Sales increased 20.2 percent to 606. Inventory shrank 8.3 percent to 2,189 units.

Prices moved higher as Median Sales Price was up 2.3 percent to $301,870. Days on Market decreased 9.1…

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history of tennis on hilton head island, sc

It shouldn’t come as a surprise to those who know the history of tourism, recreation and retirement on our piece of paradise known as Hilton Head Island, that tennis was launched as a serious participant in the menu of sports activities at Sea Pines Plantation.

Originally, Charles E. Fraser, the developer of Sea Pines Plantation included courts as another recreational amenity like golf, fishing, biking and kayaking. That all changed in 1971, fifteen years after Fraser offered up his plans for the spectacular community and resort, which included the fledgling Sea Pines Racquet Club.

In that year Stan Smith—the top-ranked player in the world—joined The Sea Pines Resort as its touring pro, lending enormous credibility to the fledgling racquet club.…

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