1/17/08
I Wish I would have bought back in the day!
 | By David Hahn Read more of David's posts |
I am amazed at the number of visitors or clients who say, “We should have bought property 10 years ago when we first visited Hilton Head”. Regardless of all the negative media hype that’s been spewed about the real estate market, our market, for the most part, has held up remarkably well. Hilton Head is a beautiful and desirable place to live and invest. Between Hilton Head and Bluffton, our market sales have totaled over 3 billion dollars in 2007.
Another reason why Hilton Head hasn't felt the crunch as much as most of the country, is because we are 97% built out. Our Island is a barrier Island and is only 12 miles long by 6 miles wide at the widest point. This is a huge advantage!
Even though the economy is slowing, no horn is going to be blown stating that we've hit rock bottom. Construction is slow, and you can actually negotiate with contractors again. Lumber prices are low, 0% financing is being offered on vehicles, and interest rates are approaching all time lows . So, why is it that Sea Pines Plantation has sold more oceanfront homes in 2007 than in the previous years? It’s simple, smart money knows how to play the game!
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[…] unknown article is brought to you using rss feeds.Here is a great article on the latest real estate buying and selling news.Regardless of all the negative media hype that’s been spewed about the real estate market, our market, for the most part, has held up remarkably well. Hilton Head is a beautiful and desirable place to live […] […]
Timing is everything! Knowing your community and location location location. So even though I ive in the #2 state of Florida on foreclosure list I still think people will say 10 years from now wish I bought back then.
People are always gonna be attracted to this state weather, beaches, parks, theme parks,fisihing and there will always be someone to buy. I to live on a barrier island and understand your comment.
The climate on Hilton Head is semi-tropical with enough seasonal changes to make things interesting. Temperatures in the 70’s in December are not uncommon and comfortable outdoor weather is available year-round. Overall, the year-round average of midday and evening temperatures are 75 and 55 degrees, respectively. The average maximum temperatures varies from 59 in January to 89 in July and August.
i think this may be one of the reason for rise in the value of properties