Hilton Head Real Estate Blog

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http://lifemax.net/jamesdkeillor/worldvision.html?language=US-EN
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LifeMax Omega 3’s Live Healthier and Longer

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 If new homes are not  built soon in the U.S., there will not be enough homes next year for the demand.   

All the attention in the US real-estate market has been the number of foreclosures and buyers trying to purchase under valued housing.

 But Brian Wesbury, chief economist at First Trust Advisors, says that if Americans don’t start focusing on building new houses, the market will have a much bigger problem on its hands.

“Our demand in the US is one and a half million houses per year just to keep up with population growth. If we count all the teardown homes and loss from fires in America, we will need 1.7 milloin more homes built each year.  As it stands now, there is a small percentage being built at this time.

 Jim Keillor

843-441-0295

http://realestate.msn.com/article.aspx?cp-documentid=23505825

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If you are here in Hilton Head this Sunday the 28th  2010 ~ 

You don't want to miss the 2nd Annual Marsh Tacky Horse Race at Coligny Beach this Sunday from 11 am - 3 pm.

The Gullah Festival’s second marsh tacky race is moving to Coligny Beach.

Marsh tackies, a squat breed of horse indigenous to the area, ran last year on Mitchelville Beach Park on Hilton Head Island as part of the festival.

To See Island PropertyClick Here for Island Virtual Tours

Island Packet link;

http://www.islandpacket.com/2010/02/16/1140417/the-marsh-tacky-race-will-go-on.html

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There are always a few that run ahead of the pack, while the rest of the herd watch the race. They truly want to buy a vacation destination here in Hilton Head but are standing by on the sideline watching this market go right on by; Again missing the greatest opportunity of a lifetime.

 We have gone through a vast amount of inventory here on the Island and our bottom properties are fewer than ever. If there was ever a time of action, it is Now!

 We are well into recovery; When everybody can see, and feels all warm and fuzzy about buying and investing; “Means You Just Missed The Boat”. Don't get me wrong, you can still buy a property, but you will be paying about 20% higher and as you are very familiar with, Interest rates will bounce up again overnight….Huge factor…. 

 Be a smart buyer, first talk it over with your spouse, make sure this is something you can afford and want. Then take action an be firm in your decision.

Happy buying,

Your Island Realtor,

    Jim Keillor    

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Greetings from Hilton Head Island; Where the sun is sweet and the ocean views are a glance into Paradise.

There has never been a better time to purchase property here in Hilton Head. Whether it is for a vacation getaway home, investment property or a primary residence. Many of the Island owners that have been around for awhile, understand real estate cycles. They know the tide always returns; The Island will not always remain a buyers market, some have traded up while others have downsized to fit their needs. Folks that have a surplus of funds, have purchased a second and third property here on the Island for their future and also for the future of their children and grandchildren. Gated ocean resort lifestyle living will always be in high demand and enjoyed by many from around the world for a long time to come.

Summers on Hilton Head Island are purely for relaxing and reconnecting. Our serene beaches, lush landscape and family activities help you do just that. You can walk along the shore or take a boat ride in the Calibogue Sound and find great blue herons and dolphins playing in the water.

Vacations are like families — they come in all shapes, sizes and desires. Dad might be looking to get away for a round of golf; mom might prefer a beach umbrella with friends planing that evenings night out; while the children prefer to play beach volleyball, sand dollar and ride the ocean waves.

Whether you are looking to purchase, sell or trade a property, please give me a call as I am happy to help.

Above all things, I would that you prosper and be in good health, even as your soul prospers.
 

 Thank you for your continued support through referrals and recommendations.
 

 It is always a pleasure to assist you in all your real estate needs.
 

 Your Island Realtor,
 

     Jim Keillor

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The Palmetto Dunes Club is a wonderful place to meet your neighbors that share common interests and activities. A great place to establish lasting friendships.  For more information about the club and the many opportunities it offers to the resort’s property owners, call 843-441 -0295.  

Tennis Privileges: 

 Palmetto Dunes Club members can purchase a discounted tennis membership which affords special privileges at the world-famous Palmetto Dunes Tennis Center.  The Palmetto Dunes Tennis Center is ranked in the top 50 resort tennis centers, according to Tennis magazine, and renowned for its professional teaching staff.  The tennis membership offers:

• Special court fees and pro shop discounts.
• Scheduling privileges and limited complimentary guest court time.
• Reduced rates on leagues, clinics, stringing and tokens for night play. 
• Free racquet rental and ball machine use.

Kayaking: 

 Members may store their boats and equipment at the club and kayak or canoe on Palmetto Dunes beautiful 11 mile lagoon.

Other Events: 

 Fun and Game Nights are scheduled around activities like Trivia, Treasure Hunts, Bingo and anything else our talented members come up with.  There is usually a Game Night scheduled each month. 

Thats just to mention a few perks the Club has to offer.  Join today and meet a good friend for life!!

Jim Keillor  

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According to Freddie Mac’s CEO: 

Housing Is Near Bottom
The inventory of foreclosed houses still hampers the recovery of the housing sector, but overall, the U.S. housing market appears to be at or near bottom, Freddie Mac CEO Charles Haldeman told the Detroit Economic Club on Tuesday.

He predicted that the 30-year fixed mortgage rate would remain between 5 percent and 6 percent through 2010.

“The big downside risk to all this is a large wave of homes now in foreclosure potentially hitting the market at prices that are destructive,” Haldeman said.

Source: Reuters News, Soyoung Kim (01/26/2010)

We have seen Hilton Head Islands inventory decrees conciderably in the past three months. There are many that are taking advantage of  bottom pricing and historically low interest rates. 

If you are still on the fence as when to buy, Now is the time! Before the best valued, location and condition properties are taken by the prudent.  

 Feel free to contact me for further Island information.

        All my best to you,

           Jim Keillor

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As Property owners on Hilton Head Island, you may not be satisfied with your assessed taxable value, you may want to be appeal this action. There are some important facts to remember and to consider:

1.  The date of the taxable value placed on your property is December 31, 2007 the date cannot be changed, even though the market value may have declined.  Sales from 2007 and as late as very early 2008 may be considered as comparables. 
2. If you feel your property is assessed incorrectly or If you have questions about the physical characteristics of your property, you can go to www.bcgov.net  
3. Most market values should be within a reasonable range of market value as of December 31, 2007. Remember it is the “Taxable Value” that is important. Assessor’s office personnel are available for questions at 843-470-2522  (Beaufort, 843-757-1500 X 226(Bluffton), 843-341-8411(Hilton Head Island).
4.  You have 90 days from the date of the notice from the Assessor’s office to file the appeal.  You can file the appeal yourself, or have an “Authorized” person file an appeal for you. Only certain people may be “Authorized” including Attorneys, CPA’s,Corporate Officers,and Certified Appraisers. There are many good appraisers in our area who could act as your authorized representative since he or she would also be able to do an appraisal of your property as of December 31, 2007 which would be helpful .   Be sure to visit the county web site  www.bcgov.net

      You may also want to speak with a real estate attorney for advice before hand. 

 Best wishes,  Jim  

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