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The Hilton Head Homes Blog

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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July 2018 Market Report

Housing price bubble chatter has increased this summer, as market observers attempt to predict the next residential real estate shift. It is too early to predict a change from higher prices and lower inventory, but the common markers that caused the last housing cooldown are present. Wages are up but not at the same pace as home prices, leading to the kind of affordability concerns that can cause fewer sales at lower prices. At the same time, demand is still outpacing what is available for sale in many markets.

New Listings were up 7.6 percent to 541. Pending Sales increased 25.4 percent to 519. Inventory shrank 5.9 percent to 2,161 units. Prices moved higher as Median Sales Price was up 2.8 percent to $298,158. Days on Market decreased 17.8

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moss creek entry sign

When you first research living in South Carolina’s Lowcountry you are immediately confronted with the amazing number and diversity of activities available to residents and visitors. Trip Advisor lists twenty-five. Well some of them are not for everyone, like extreme watersports.

water jet pack, near Moss Creek, SCThe extreme activity depicted on the right is called Water Jetpack Riding and yes, it is available as a recreation activity in the Bluffton-Hilton Head Island area. Not within the confines of the Moss Creek community but within a twenty-minute drive.

The amazing thing about Moss Creek is that within the borders of this one-thousand-acre gated community are so many of the sports, interests and pastimes sought after by people of every age group and background.

I will

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We couldn't be prouder of Chris Walker, an agent here at Berkshire Hathaway HomeServices Hilton Head Bluffton Realty!  Check out this article from McKissock:

Two 24/7 Jobs: How This Dad Balances Parenting and Real Estate

In June we held a contest asking you to nominate the best dads in real estate you know. Out of the many entries, Chris Walker of Hilton Head Homes walked away with the top prize. Here’s how he manages fatherhood and having a successful real estate Chris Walker Best Dad in Real Estatecareer.

 Not many dads make a practice of planting a garden with their kids. Yet each spring, Chris Walker takes time out of his busy job heading up his real estate sales, vacation rentals and property management companies to teach his kids how to work the earth. They go shopping for

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Annual Back-to-School Expo Event

Saturday, July 28th, 2018 from 10 a.m. to 2 p.m.

Just released from the Beaufort County School District:

The Beaufort County School District is teaming up with government agencies and private-sector business partners to hold its annual “Back-to-School Expo” designed to give students and their families a day of fun, food, door prizes and valuable information about the upcoming 2018-19 school year. A number of community service providers will be present to inform parents and students about services available within Beaufort County.

This year’s Expo is set for Saturday, July 28, at the Beaufort-Jasper Academy of Career Excellence, located at 80 Lowcountry Drive in Ridgeland.  The event will run from 10 a.m. to 2

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