Daufuskie Bulletin Board
As we discover and hear new and useful information, we would like to post it up on this Bulletin Board so others may be able to utlilize new services or ways to better enjoy the Island. Please email us if you would like for us to consider posting something that is useful for others. Thank you. Read the rest of this entry
In the 25 years of selling real estate on Hilton Head Island, I have seen buyer cycles come and go. Although this cycle may appear longer or deeper than the others, it too shall pass. One thing I have found in these cycles is that the very best real estate deals are often struck when the news in the papers is really, really bad. That said, the recent NYT article “Widespread Fear Freezes Housing Market” triggers another good reason to buy real estate on Hilton Head. While it may have made every buyer and seller shudder, one agent said it perfectly when he stated “Do the opposite of what they say in the newspapers when you buy and sell real estate on Hilton Head Island and your timing will always be good”…and the local numbers support the reasons why! Read the rest of this entry
Good news, we found lot financing on Hilton Head Island!
If you have been considering buying a great home site in the Hilton Head Area but wanted to finance the purchase, we found a source for lot loans! This financing is available for qualified buyers that want to build in the future as a second home or primary residence(no investment properties). Read the rest of this entry
Baby boomers will make their move to Hilton Head in 2011
It is not until next year that baby boomers will begin retiring in force and this group will have major impact on areas like Hilton Head Island despite the economy. With the “oldest” turning 65 years and the “younger” ones turning 50, these boomers will start begin their pilgrimage in numbers next year. Although we are busy selling real estate on Hilton Head, this is the calm before the storm and we need to prepare ourselves for this deluge. The economy may have slowed some of this group down, but it is impossible to stop them. The key though is to be in front of them. Read the rest of this entry
A Hilton Head Market Study by Area
Recent market reseach compiled by our Hilton Head Island Area Association of Realtors and the Multiple Listing Service of Hilton Head allows us to share with you important market information about each area on and off Hilton Head Island. This market research gives us a snapshot of what has been happening areas around Hilton Head Island.
The Hilton Head Market Reports include:
Please find your area and click on the link below for more information and important market research:
If you would like for us to review the information above with you, please email us at robbie@robbiebunting.com or call us direct at 800-932-3652. We look forward to talking with you about these statistics and how they are important. Kind regards, Robbie Bunting
Do you remember the Sunday Only Island Packet?
We used to tell our friends and clients that had interest in Hilton Head Island to subscribe to the “Sunday” Island Packet because they would mail it anywhere in the country(and in other countries). Although the delivery often had a lag time, this was one of the best(and only) ways to tap into what was happening on Hilton Head Island. Although there is no longer a Sunday Only Island Packet, there are now many new ways to tap into the latest and current happenings on Hilton Head. We have included Hilton Head social networks and online media for you below. Read the rest of this entry
Record Low Mortgage Loan Rates
Mortgage loan interest rates are one of the key drivers in the real estate industry. In today’s economy, Freddie Mac is reporting 30-year fixed rates at historic lows over the last few weeks.
What does this mean to you?
Call me or e-mail me if you’d like more information. I am happy to answer any questions you might have. Contact me now. When it comes to mortgage loan interest rates, timing is everything. You can email me at robbie@robbiebunting.com , or call us at 800-932-3652 ASAP. These rates offer the bottom of the market for every reason including rate, selection and price.
The first half numbers indicate that the vacation rental industry on Hilton Head will see a much welcomed increase in business in 2010 vs. 2009. The Spring season numbers held in check, but the Summer has shown a double digit increase, with July shaping up to be record numbers. The tragedy in the Gulf has exposed Hilton Head to thousands of new visitors. The Island’s overall tourism numbers will see the impact of this new exposure for years to come. We have yet to see what kind of retention rate we will have with first time visitors and if they will put Hilton Head in a rotation with their other annual vacation destinations, or even make it a permanent one. Nonetheless, it has our company’s inventory at capacity for every week in July. One thing I have noticed about the displaced vacationers from the Gulf, is that they are primarily looking for oceanfront accommodations. The majority of inventory in the Gulf Coast region consists of oceanfront condos, and people are creatures of habit. Read the rest of this entry
The demand for long term rentals has been very good since August 2009. Our problem is we don’t have many available rental properties under the rental rate of $2,000/month. [typically homes between 1,800 sq. ft to 2,400 sq. ft.] We feel that prospective buyers are NOT taking advantage of the low interest rate and lower sale prices. We feel that prospective buyers who eventually want to move to the area can buy today and rent the property to help offset some of their carrying cost until they are ready to make the move to Hilton Head. Read the rest of this entry
The number of building permits for new homes on Hilton Head Island has more than doubled from January 1 to July 1, 2010 as compared to the same time frame in 2009. In fact, the dollar value of gross new home permits has increased 65%! Althugh the number of remodeling permits have stayed close to the same, the dollar volume has increased 41%! At only halfway thru 2010, the Town of Hilton Head has surpassed all new home building permits issued in 2009! As all indicators show, new home permits on Hilton Head Island should double the volume of 2009.
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