Nov 2019 Market ReportsIn November, the Federal Reserve reduced its benchmark rate for the third time this year. This action was widely anticipated by the market. Mortgage rates have remained steady this month and are still down more than 1 percent from last year at this time. Residential new construction activity continues to rise nationally. The U.S. Commerce Department reports that new housing permits rose 5% in October to a new 12-year high of 1.46 million units.

New Listings were down 10.3 percent to 478. Pending Sales increased 10.5 percent to 412. Inventory shrank 11.2 percent to 2,120 units.

Prices moved lower as Median Sales Price was down 5.4 percent to $304,990. Days on Market increased 5.2 percent to 141 days. Months Supply of Inventory was down 18.2 percent…

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Fishing in Palmetto Dune Hilton Head Island

It is difficult to explain the kinds of joys in life that can come from calm moments, where the flow of time isn’t as overbearing as in day to day experience. To understand these sorts of moments, one has to really experience them for oneself.

The Joy of Fishing in Palmetto Dunes

Fishing in the lagoon systems of Palmetto Dunes is one satisfying way to do this. On the lagoon, there is a smooth interplay of the warm air offset by the occasional cool breeze that blows through the reed grass lining the banks of the lagoon. The wind blows over the water causing ripples drowned in the sun to glisten like cut diamonds.

The sea air mingles with the smell of the lush vegetation that permeates the area around the water. Everything seems smooth, and…

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Allison LuceWe are excited to welcome Allison Luce to Berkshire Hathaway HomeServices Hilton Head Bluffton Realty!  Allison started her love for the love Lowcountry after many years of vacationing on Hilton Head Island.  Originally from Pittsburgh OH, she had lived in North Carolina in the Charlotte / Lake Norman area and even lived abroad in Italy and also as a Resident Artist in Germany, Denmark and Canada!  Allison and her husband are happy to now call Hilton Head Island her permanent home.

Before starting her real estate career, Allison was a full-time studio artist and college art instructor.  She has an eye for detail and dedicated work ethic which has helped her help her clients with their real estate needs.

Learn more about Allison HERE.


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