Hilton Head Island is approximately 97% developed, but there are still some new developments that pop up now and then. These developments are located around the Island and in the Low Country. Price points vary from the low 200′s – 900′s. We have listed all the new homes for sale in the area, if only new will do for you!
5101 Hampton Place is Open Sunday July 20 from 1- 4.
The newest oceanfront vacation complex in Palmetto Dunes. Two oceanfront swimming pools, fitness center and pure luxury. Please visit with our agent on duty this Sunday from 1-4pm. This villa is awesome and we will also have a pass out with a map of all the properties for sale in the area including Palmetto Dunes homes and villas. Pull into Hampton Place and go to the right. Take the staircase to the far right and this villa is on the first landing. Call us at (843)785-7111 or email us if you would like directions or additional information. Thank you.
We complete the Hilton Head Island Market Research below every month. We use this as our guide in explaining the market to Hilton Heads buyers and sellers. We have made some notes of the most obvious patterns that occurred. If you would like to receive these monthly reports via email, please send me an email at Robbie@robbiebunting.com . As well, if you would like to discuss the market, please feel free to call me at (843)785-7111 ext. 1. Please click the trend below for a printable copy of this market report. Thank you.
When it comes to selling real estate Albert Einstein was right on when he said “Insanity: doing the same thing over and over again and expecting different results”. We will not let a listing just sit and expect different results, therefore we are constantly tweaking our Hilton Head properties to make them sell. What’s tweaking got to do with selling? Everything! Read the rest of this entry
And in fact, that’s exactly what The Associated Press recently reported.
This is great news, especially given that – so far this year – the pace of buying is slower than in 2013. A lot of this can be attributed to the harsh winter that kept many home buyers inside.
But as the recent report indicates, spring and summer sales activity may ultimately compensate for those sluggish winter months.
It’s Not Just Sales Contracts Enjoying Favorable Conditions
Here’s a full report of what the National Association of Realtors recently revealed:
- Its seasonally adjusted pending home sales index increased 6.1 percent to 103.9 in May.
- That marks the sharpest month-over-month gain since April 2010.
- The index is still, however, 5.2 percent below the level it was at a year ago.
- Experts believe that lower mortgage rates and an increased home inventory drove much of May’s gains.
- All four U.S. regions (the Northeast, Midwest, South and West) saw increases in signed purchase contracts
Meanwhile, in a different report released by the Association, completed sales of existing homes increased 4.9 percent in May to a seasonally adjusted annual rate of 4.89 million homes.
Still, it’s worth noting that sales are down 5 percent year over year.
The association predicts that sales of existing homes will decrease 2.8 percent this year to 4.95 million. That’s compared to 5.1 million in 2013.
In terms of new homes, sales increased 18.6 percent in May to an annual rate of 504,000. That’s the highest level since May 2008.
Why Are Things Showing Improvement Now?
Of course, it helps that we’re still in the spring and summer home buying market.
But another key factor is the removal of two previous obstacles: Rising mortgage rates and a low supply of available homes for sale.
Average rates for 30-year fixed-rate mortgages fell to 4.17 percent recently. Before, it had been at 4.20 percent and higher. Still, rates are roughly 0.25 percent higher than they were at this time last year.
Meanwhile, the supply of homes has increased. By 2.2 percent in May to 2.28 million. That’s 6 percent higher than a year ago, helping to fuel increased activity on the market!
How Can You Expect This to Affect You?
If you’re a home seller, the recent flurry of activity should give you confidence that you too will be able to sell your property and in a reasonable amount of time as well. But one things that will decide that is working with an experienced real estate agent who knows the ins and outs of the market.
And if you’re a home buyer purchasing a property on the local housing market, the recent activity suggests that you’re in good company – with more and more people entering the market to invest in property!
Always Here To Give You The National Real Estate 411!
What other valuable information would you like to learn about the real estate market in order to make your transaction easier? We will be happy to supply you with all of the insight you need!
Contact us today for valuable real estate advice today!
And make sure to check back to our website soon for more pertinent information that affects you!
Sea Turtle Update 7/19/14
While we are waiting for the first nests to hatch (should be any day now!), following are answers to a couple of questions that some of you have been asking:
What kinds of sea turtles do we have on Hilton Head Island?
Of course there are many turtles that live on the island in the lagoons and creeks – these are not the endangered sea turtles. We are protecting mainly the loggerhead sea turtles which nest here – they weigh between 250 and 1000 pounds! Here are two loggerhead turtle pictures –
This is a momma swimming along the ocean floor (I actually saw one like this in the Australian Great Barrier Reef last month!!J).
Usually the mothers come ashore at night but occasionally one is found still working her way back to the ocean after the sun comes up.
Why are some nests moved by the Turtle Patrol?
If the mother has laid her eggs too close to the water, the nest must be moved to higher ground to prevent drowning of the eggs during a high tide. When this happens, our trained turtle patrol very carefully digs up the eggs and moves them in a very delicate process: with gloved hands, they gently remove every egg and place them in a bucket for safekeeping during the transfer. Then they dig a hole in a very similar shape to the original hole – and place the eggs in the new hole, one at a time, in almost exactly the same position that they were in before. They cover up the nest, mark it, and let the eggs settle in for their 45-60 day incubation. Amazingly, as of today, out of our 112 nests, 49 have had to be relocated – that is 43.7% – a lot of work for our Turtle Patrol!
Here is a picture of our team moving a nest –notice the mother’s tracks to and from the nest.
More later -
Andrea B. Siebold
Sea Turtle Nest Adoption Coordinator
Hilton Head Island Sea Turtle Protection Project
By Andrea B. Siebold
A little later than usual, but the mother turtles finally began laying their eggs on the Hilton Head beaches and now there are more and more nests appearing on the beach. During the dark night, the mother turtle comes ashore and slowly drags herself onto the sand to find a dry spot on the beach to lay her eggs.
This is very hard for her because she is VERY large (around 300 pounds!) and she is not used to being out of the water (she has been swimming in the ocean for 25 years since she was born). After she finds a good spot, she spends a long time digging a hole with her back flippers and lays her eggs (usually about 120 of them) in the hole. She then covers the eggs with sand and slowly returns to the ocean. Read the rest of this entry
There are three firework displays on Hilton Head and many places to watch them when you are on an Island in the Low-Country. We have listed below the times and information for the Hilton Head fireworks and at the bottom of the page we have listed places off the beaten path to watch them from. This years 4th of July firework displays will take place in Harbourtown, Shelter Cove and Skull Creek Marina.
Hilton Head 4th of July Fireworks
- Harbour Town’s 4th of July Fireworks – Children’s activities, food and drinks with a fireworks display around 9:15 p.m. Free shuttle service from several parking lots throughout The Sea Pines Resort. Gate fee is $5(unless you are renting in Sea Pines or are an owner). (843) 842-1979 or more details here.
- Shelter Cove’s July 4th fireworks – Located at Mile Marker 8 off of William Hilton Parkway. Performances by Shannon Tanner will begin at 6:30 and 8 p.m. and fireworks will start at dusk. Between these events, guests can enjoy the food and arts and crafts. There is no charge to walk around. Here is a special parking map for Shelter Cove on the 4th with free shuttles. More details
- Skull Creek Community Fireworks at Hudson’s – Outside entertainment beginning at 6 p.m. with food and drinks available for purchase. Fireworks from a barge on the Intracoastal Waterway at 9:30 p.m. Free parking and shuttle service from the Boys & Girls Club on Gum Tree Road, 6-10 p.m. (843) 681-2772 more details
Off the beaten path…places to watch the 4th of July Fireworks on Hilton Head Island
- Daufuskie Island - It’s an amazing vantage to watch the Hilton Head Fireworks from the beach on Daufuskie Island. Bring your lawn chairs, put your feet in the sand and let the kids have a blast. These are front row seats to the fireworks.
- Up the Creek Pub – A great location to watch the Shelter Cove fireworks and in the distance see Harbourtown fireworks. By the way, their pork barbeque sandwich and burgers are tops!
- Restaurants – Island restaurants that offer views to the fireworks
- Calibogue Sound – If you have a boat or a friend with a boat, the center of Calibogue Sound offers an incredible vantage point to watch all 3 locations. You will even be able to see distant fireworks because you are in the Low Country. Call a marina and hire a captain and a boat for your own private cruise.
- Cruise the 4th of July fireworks on Hilton Head - “Spirit of Harbourtown” and “Vagabond” offer a 4th of July firework cruises. The Spirit of Harbourtown is a dinner cruise.
- Harbourtown 18th Hole – Go to the shoreline of the 18th Fairway and you will discover one of the best vistas for Harbourtown and Shelter Cove Fireworks.
- South Beach at the very end of our beach - At the end of the beach where the sand stops and the entrance to South Beach Marina enters from the Calibogue Sound is a great place to watch Harbourtown Fireworks. You just need a friend that lives or is staying in Sea Pines.
- Hilton Head Marriott Resort and Spa – Rent the cheaper rooms on the landscape side of the hotel. These rooms have great views to Shelter Cove. This is the highest building ever to be built on the Island, so ask for the 8th floor. The higher the better!
- Hilton Head Town Parks - Marshland Road Boat Landing and Shelter Cove Memorial Park are both excelling for Shelter Cove Fireworks
- Palmetto Bluff – From here you can watch all three firework displays in the distance. Make dinner reservations at Buffalos!
- Alljoy River Landing - Travel to Bluffton, one of the top 10 place to retire and go to the waters edge at Alljoy and watch the Island Fireworks
Other events for the 4th of July on Hilton Head Island
July 4th 2013 – The 28th Annual Hilton Head Island Firecracker 5000 Road Race and Fun Walk will be held on July 4. The Firecracker 5000, is the largest and oldest road race in Beaufort County. Over 1200 runners and walkers from across the United States are expected to help us celebrate our Silver Anniversary. Firecracker Run Details
Have a safe and Happy 4th of July
Let us know if you discover a great spot to watch them from and want to share it with others. Feel free to give us a call or pop in while you are here to see our new digs. Hilton Head Properties offers some wonderful locations around the Low Country. You can email us at email@example.com or call us direct at 800-932-3652. Our office is located at #12 New Orleans Road and we are here everyday 8-6. Have a safe and happy 4th!
That’s why we’re always so thrilled when positive numbers one month carry over into the next month.
And that’s just what we saw with the recent release of May sales numbers.
According to a recent USA Today article, existing home sales increased for the second straight month in May, increasing to their strongest rate since the fall.
More Details Emerge About the Current State of the US Housing Market
Here’s what the most recent data from the National Association of Realtors revealed: Sales of existing single-family homes, townhomes, condos and co-ops reached a seasonally adjusted annual rate of 4.89 million, which marks a 4.9 percent increase from April’s rate of 4.66 million.
This was the highest monthly percentage gain since August 2011!
And this wasn’t the only indicator that the market is improving. In fact, metrics across the board hinted at growth on the national housing market:
- Sales prices also showed marked increases. Specifically, the median existing home price was $213,400 in May, up 5.1 percent from a year earlier.
- Meanwhile, sales of homes priced at $1 million and above increased everywhere but the Midwest
- Total housing inventory at the end of May increased 2.2 percent to 2.28 million existing homes available for sale. That’s 6 percent higher than a year ago.
- At May’s sales rate, there’s a 5.6-month supply of homes for sale, which is close to the 6-month inventory that’s considered a balanced market between buyers and sellers.
Of course, some obstacles still remain on the market.
For instance, sales are still weaker than they were a year ago, when the annualized sales rate was 5.15 million.
And through May, sales were down 8.2 percent from the first five months of last year.
What’s more, the market continues to be difficult for those home buyers with modest financial resources, particularly first-time buyers. Consequently, these home buyers’ share of sales decreased to 27 percent in May, down 2 percent from April 2013.
And although single-family home sales rose 5.7 percent from April, they’re also down 5.7 percent from a year ago.
Still, real estate experts across the country remain optimistic.
They agree that at least three factors will continue to encourage growth and improvement on the national housing market:
- More homes are being listed on the market
- Home prices are rising more slowly than in 2013
- Mortgage rates have declined recently
All of these factors will drive more and more home buyers to the market, further encouraging a healthy and stable real estate market.
Count on Us for Reliable National Real Estate Data!
We hope you ‘ve learned something useful about recent national real estate trends and how they may affect you locally.
Check back here on July 15 as we continue to provide you with useful and up-to-date housing market information that is relevant to you!
There is new legislation allowing property owners that live on or near the beach on Hilton Head Island to rent their homes for 72 days each year, while still paying the lower tax rate applied to owner-occupied property. If you have ever dreamed of traveling for June, July and August next year, please email Darcey Sundling for a rental proforma on your primary residence and to discuss the possibilities (some properties may not qualify).
The homes and villas below represent some of the best locations and properties in Palmetto Dunes. These properties can be used for second home, rental or permanent residences. Palmetto Dunes features private beach access, 3 miles of beachfront, 3 championship 18 hole golf courses, 26 Tennis Courts, a deep water marina, boutiques and fabulous restaurants. Let us know if you would like to see these properties! Thank you
1103 Newport …Big Views 2 - $379,000 Please click photo below for visual tour.
21 Ocean Lane – 422 Captains Walk $825,000 Please click photo below for visual tour.
76 Ocean Lane 7627 Huntington $449,000 Please click photo below for visual tour.
32 Full Sweep $1,229,000 Please click photo below for visual tour.
42 Off Shore $599,000 Please click photo below for visual tour.
20 Carnoustie Road - 7812 CentreCourt $299,900 Please click photo below for visual tour.
10 Mooring Buoy – 45 The Moorings $359,000 Please click photo below for visual tour.
47 Ocean Lane – 5101 Hampton Place $499,000 Please click photo below for visual tour.
10 Mooring Buoy 41 The Moorings $349,700 Please click photo below for visual tour.
8 Cottage Court $799,900 Please click photo below for visual tour.
21 Ocean Lane 441 Captains Walk $995,000 Please click photo below for visual tour.
191 Mooring Buoy $999,000 Please click photo below for visual tour.
50 Ocean Lane 114 Abbington $721,000 Please click photo below for visual tour.
7577 Ocean Lane – 602 Barrington Park $569,000 Please click photo below for visual tour.
167 Mooring Buoy $1,349,000 Please click photo below for visual tour.