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Hilton Head Island Real Estate

Found 50 blog entries about Hilton Head Island Real Estate.

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.

February 2020 Market Reports

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,

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The 2019 housing market was fueled by the overall strength of the economy across most of the country. The stock markets reached new highs throughout the year, improving the asset bases of millions of Americans. Unemployment rates fell to 50-year lows, while wages increased, creating new home buyers. Mortgage rates also declined significantly from 2018, helping to offset affordability stresses caused by continued price appreciation nationally.  ***More Info below Graph***2019 Annual Report

With a strong economy and low mortgage rates, buyer activity has been strong. However, most markets are being constrained by inventory levels that are still below historical norms. With supply and demand continuing to favor sellers, prices continue to rise.

With 10 years having now

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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

Palmetto Dunes Lagoon FishingFishing 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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Lynn RogersBerkshire Hathaway HomeServices Hilton Head Bluffton Real Estate is excited to welcome Lynn Rogers!   Lynn came from a thirty four year career in Information Technolongy and embarked on in a career in Real Estate in 2018 starting at Berkshire Hathaway Home Services New England Properties in historic Mystic, CT.  She had the opportunity to show historic homes, and waterfront and waterview properties which prepared her well for her planned move to Hilton Head Island, SC.  Now Lynn is living her dream in the Lowcountry, committed to continuing her full time relationship with Berkshire Hathaway Home Services with the Hilton Head Bluffton Realty family.   Lynn is excited to meet you and to assist you in the process of buying and selling your home or investment

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Hilton Head Island Beaches

I have lived near the Atlantic Ocean all my life.

The beaches I have walked can be found within the borders of every state from Maine to Florida and I have enjoyed them all. However, when I first set foot on the sandy shores of Hilton Head Island, South Carolina I knew I had found a magical place.

From that day forward I told anyone who would listen, Hilton Head beaches were the most amazing on the eastern seaboard…and then I received the surprise that altered that bragging claim, (I live minutes from the Hilton Head beaches).

hilton head island beachOne day, after riding my bike from the beach at Sea Pines (semipublic) to Coligny Beach (public) and back, I was walking my bike off the beach when I was stopped by a couple walking onto the sand.

After they

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4 questions you need to ask when buying a Hilton Head Island vacation property

The allure is appealing. Owning a vacation property, a little place of your own to escape to on long weekends is the dream of many home owners.

And what better place than Hilton Head Island?

The gorgeous South Carolina sun, the cool waters of the Atlantic Ocean and Calibogue Sound, the world-class golf courses and the iconic low land landscape combine to create a truly one-of-a-kind vacation destination. The island has been attracting vacationers for decades, why wouldn't you want to stake your own claim in the land?

Plus, it’s never been a better time to buy!

As with any major investment, you need to use a degree of caution and know what you’re getting into. Here are four questions you need to ask yourself when buying a Hilton Head Island

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sun city hilton head entry gate, south carolina

Renovations to the common areas in Sun City continue just as the Lowcountry begins to have that nip of Fall in the air. This is the time of year when residents begin considering a move before the holidays arrive. Some need more space and others begin to downsize. In either situation, there are a few items to consider when choosing real estate on the north side or the south side of Sun City.

Which Is The Right Choice For Me?

The original neighborhoods on the south side of Highway 278 are very established with mature landscaping and many of the amenities available to all residents. The north side is a bit newer and the houses have updated floor plans and styles.

Some of the considerations include homeowner dues, taxes and home amenities that

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September 2019 Market Overview

With the kids back in school and the weather cooling, the housing market begins its annual cooldown as well. Nationally, buyer and seller activity remained strong, buoyed by low mortgage rates and a strong economy. The market fundamentals suggest no significant changes from recent trends, other than the seasonally tempered pace we see this time of year. As we move into the final three months of 2019, buyers will find fewer homes coming on the market, but also less competition for those homes.

New Listings were up 7.9 percent to 476. Pending Sales increased 41.8 percent to 451. Inventory shrank 8.6 percent to 2,133 units.

Prices moved higher as Median Sales Price was up 4.8 percent to $325,000. Days on Market increased 8.5 percent to 141 days.

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August 2019 Hilton Head Area Market IndicatorAs the summer draws to a close, multiple opposing factors and trends are competing to define the direction of the real estate market. After the Federal Reserve lowered its benchmark interest rate on July 31, 30-year mortgage rates continued to decline, approaching all-time lows last seen in 2016. Yet most experts agree these reductions are unlikely to bring sufficient relief, at least in the short term, for first-time home buyers. The lack of affordable inventory and the persistence of historically high housing prices continue to affect the housing market, leading to lower-than-expected existing home sales at the national level.

New Listings were down 11.0 percent to 600. Pending Sales increased 16.2 percent to 510. Inventory shrank 6.5 percent to

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