As we progressed through February, the actual and expected impacts of COVID-19 continued to grow, with concerns of economic impact reaching the stock market in the last week of the month. As the stock market declined, so did mortgage rates, offering a bad news-good news situation. While short term declines in the stock market can sting, borrowers who lock in today’s low rates will benefit significantly in the long term.
New Listings were down 2.3 percent to 650. Pending Sales increased 21.8 percent to 586. Inventory shrank 14.5 percent to 2,046 units.
Prices moved higher as Median Sales Price was up 7.5 percent to $322,463. Days on Market increased 11.3 percent to 148 days. Months Supply of Inventory was down 20.4 percent to 4.3 months,…
Bluffton is the quintessential South Carolina town.
It’s historical streets are lined with moss-draped oaks and its neighborhoods are filled with lowcountry-style homes. It doesn’t get any more charming than this.
This is only one of the reasons why so many people choose to relocate here.
When it comes to buying a home in the Bluffton-area, many people search for neighborhoods like Hilton Head Plantation or Palmetto Dunes, which are two of the most popular places to live.
Though these neighborhoods have so many positives about them, there are plenty of other hidden gems in the Bluffton-area that you may have never even heard of before.
So, if you’re looking for a great place to buy a home, here are three Bluffton-area neighborhoods you…
As the cost of renting continues to increase, consumers have more incentive to lock in their housing costs by purchasing a home. The latest CoreLogic Single-Family Rent Index report released this month saw the cost of renting single-family homes, including condos, up 3% in November 2019 versus November 2018. According to CoreLogic’s data, single-family rents started climbing in 2010 and have stabilized around an annualized rate of 3% since early 2019. For the 12-month period spanning February 2019 through January 2020, Pending Sales in the Hilton Head region were up 8.7 percent overall. The price range with the largest gain in sales was the $650,001 and Above range, where they increased 17.4 percent.
The overall Median Sales Price was up 3.5…
Getting a house ready for sale is more than dusting the furniture and mopping the floors. You have to show homebuyers what the house could look like when they put their personal touches into place. Selling a home on Hilton Head, or any other coastal area draws in sun bunnies when the weather is nice, but winter can be a challenge. Details make a difference when staging your home in colder temperatures.
What Is Staging?
Home staging is the art of preparing a property so that it appeals to buyers who will pay more money for the privilege of living in it. The idea is to convince others to invest their money toward a certain lifestyle. Real estate experts have the inside scoop on what works best.
That first glance is everything…
Part of the allure of living in Bluffton, South Carolina is being a part of a town that has so much history.
Nuggets of this past can be found all over town, in everything from ancient oak trees to wooden churches.
Discover the heart of the city with this brief history of Bluffton:
A City on the Rise
The area has a history that spans thousands of years. Bluffton was first established in 1825 when settlers inhabited the land on top of the river bluffs that overlook the May River.
Bluffton was a small vacation town where cotton and rice planters could escape the harsh conditions of the plantations.
Working in these plantations was unpleasant to say the least. The land was rife with mosquitos carrying yellow fever and malaria that…