Hilton Head Area Association of Realtors JUNE REPORTS

Hilton Head Area Association of Realtors JUNE REPORTS

The Hilton Head Area Association of Realtors Monthly Indicators for June 2014 show: Inventory is slowly rising in some areas.  Activity is picking up in the upper price tiers. Rents continue to climb in most metros. Interest rates are generally lower than a year ago. New Listings in the Hilton Head region decreased 4.7%. Pending [...]

Government Affairs Report

Government Affairs Report

South Carolina General Assembly End of Session Update The Texting and Driving Bill was signed into Law:( S.459): enacting a ban on texting while driving, into law on June 9, 2014. The new law, which takes effect immediately, enacts a statewide ban on texting or sending emails while driving for all drivers and provides penalties [...]

Sailing and Rowing Center Coming Soon

Sailing and Rowing Center Coming Soon

Construction at the Town of Hilton Head Island’s new Rowing and Sailing Center at Squire Pope Community Park along Skull Creek is underway. After nearly a decade of planning and failures to find private funding, the Town of Hilton Head Island has started construction on a public sailing and rowing center that will offer boaters [...]

What Is Happening Locally: How Are Oceanfront Homes Selling On The Island?

What Is Happening Locally: How Are Oceanfront Homes Selling On The Island?

There are currently six (6) homes under contract from $1,399,000 to $3,600,000.  View them here: There have been ten (10) OCEAN FRONT HOMES THAT HAVE SOLD YTD from a low of $825,000 to a high of $3,300,000, high sale 27 Duck Hawk Road Sea Pines Plantation. View them here. When you’re ready to make your [...]

Pending Home Sales Increase in March

Pending Home Sales Increase in March

After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.4 percent to 97.4 from an upwardly revised 94.2 in February, but is 7.9 percent [...]

Life Is Good!

Life Is Good!

Spring is here and what a gorgeous Mother’s Day weekend it was in the Low Country! The weather was absolutely perfect and people were outside everywhere enjoying it!  I was fortunate to have a house full of family and friends, some of whom where here for the very first time. We started our weekend out [...]

Hilton Head Island & Bluffton, SC -  #1 and #2 on 10 Best Places To Retire To In South Carolina

Hilton Head Island & Bluffton, SC – #1 and #2 on 10 Best Places To Retire To In South Carolina

Hilton Head Island comes in 1st on Movoto Real Estate’s 10 Best Places To Retire To In South Carolina!  Movoto determined which places in South Carolina would be the best for your every retirement need based on places with populations over 10,000 residents and using the following 5 criteria: 1. Cost of living (high) 2. Crime [...]

Hilton Head Island Seafood Fest

Hilton Head Island Seafood Fest

DATE: March 30 – April 5, 2014 The 7th annual Hilton Head Island Seafood Fest, hosted by the David M. Carmines Memorial Foundation and presented by forkandfun.com and Hilton Head Chrysler Dodge Jeep Ram is set to take place Monday, March 30, 2014 through Saturday, April 5, 2014. March 30, 3-7pm: Hilton Head Island Seafood [...]

Sea Pines Opens New Golf Club To Public

Sea Pines Opens New Golf Club To Public

For some golfers, the new clubhouse at Sea Pines Resort will take some getting used to. From the restaurant with panoramic course views to the locker rooms featuring plush carpets, mahogany cubbies, a TV and a shoe-shine station, the Plantation Golf Club is a departure from the old clubhouse, according to Cliff McMackin, director of [...]

Home Buyer and Seller Generational Trends

Home Buyer and Seller Generational Trends

National Association of REALTORS® Posted: March 11, 2014 Read More     • Gen Y comprises the largest share of home buyers at 31 percent, followed by Gen X at 30 percent, and both Younger (16 percent) and Older Boomers (14 percent) at 30 percent. The Silent Generation has the smallest share of home buyers at [...]

New law gives property tax relief to active-duty military

New law gives property tax relief to active-duty military

By ZACH MURDOCK March 13, 2014 South Carolina military members will get a tax break on homes they couldn’t sell before being deployed, thanks to a law signed Thursday by Gov. Nikki Haley. The law allows military homeowners to pay the owner-occupied property tax rate of 4 percent instead of the 6 percent rate charged [...]

6 International Players Commit To 46th RBC Heritage

6 International Players Commit To 46th RBC Heritage

Spectators are gearing up to visit Hilton Head for the 46th Heritage Classic PGA Golf Tournament. South Carolina’s only PGA tour will be held April 14-20, 2014 at the Harbour Town Golf Links in Hilton Head. Hilton Head Island is a world-class golf destination year-round, and for any golf enthusiast this is the ideal time to visit the [...]

News from NAR: Pending Home Sales Gain in the South and Northeast

News from NAR: Pending Home Sales Gain in the South and Northeast

Pending home sales were essentially unchanged in January, according to the National Association of Realtors®, with only the  South and Northeast showing monthly gains. Existing-home sales are expected to be weak in the first quarter, while prices continue to rise from limited inventory. “Increasing new home construction can quickly solve two problems, producing more inventory [...]

Beaufort County Council Identifies Six 'Top Priorities' for 2014

Beaufort County Council Identifies Six ‘Top Priorities’ for 2014

Beaufort County Council set six priorities for the coming year on the final day of its annual three-day retreat. 1. November referendums: Council is considering two 1-cent, sales tax measures. The local-option tax measure would provide property tax relief and additional revenue for the county and area municipalities.The second would pay for big-ticket capital improvements. [...]

Bluffton, South Carolina Named on Forbes' 2014 list of 25 Top U.S. Cities for Retirement

Bluffton, South Carolina Named on Forbes’ 2014 list of 25 Top U.S. Cities for Retirement

Bluffton, South Carolina was named on Forbes’ 2014 list of 25 Top U.S. Cities for Retirement.  To determine who made the list, Forbes used data that included housing and living costs, taxes, weather and air quality, crime rates, doctor availability, and active-lifestyle rankings for walkability, bicycling and volunteering.   Just 12 miles west of Hilton Head Island, Bluffton, [...]

Pending Home Sales Edge Up in November

Pending Home Sales Edge Up in November

The National Association of Realtors®  reports that pending home sales stabilized in November with a slight gain. The Pending Home Sales Index, a forward-looking indicator based on contract signings,  in the South rose 2.3 percent to an index of 116.1 in November, and are 0.1 percent above a year ago. Although the final months of [...]

What's Been Selling this Month on and off Hilton Head Island?

What’s Been Selling this Month on and off Hilton Head Island?

What’s Been Selling on and off Island in December: ON and OFF ISLAND HOMES: There have been ninety-three (93) new pending homes sales this month from $22,500 to $1,450,000, high sale 22 Brams Point Road in Spanish Wells. ON and OFF ISLAND VILLAS: There have been thirty-two (32) new pending villa sales this month from [...]