Posted by robbie@robbiebunting.com
Dear Friends, Clients and Fellow Associates~
The next four months or on Hilton Head Island will be busier than ever before. The market has been building with 3 properties selling per day in October and in November we are now averaging 4 properties sold per day. We will see more sales in the "off season" as buyers rush to grab the lower interest rates and better properties offered.
Opportunity is when luck and timing collide. If you are lucky enough to visit Hilton Head Island this winter you will discover timing. The low interest rates, the return of the stock market and the buyer tax credit will affect our limited supply of real estate during our off season this year. Of course, the "off season" offers many reasons to visit including "off season" access, "off season" accommodations, "off season" pricing, "off season" negotiations, "off season" weather and bottom of the market. A buddy of mine told me recently "the real estate bottom is so close, you can reach out and touch it". We are now negotiating bottom or below bottom!
Bottom will wait for no one. Take action now and book a trip to Hilton Head Island this November, December, January or February. Prices are now stabilizing and properties are selling. If you wait until spring, you will pay a higher price Call your REALTOR today. Before your arrival have your agent set you up with a free private MLS Link to start getting you familiar with the properties offered. This is a great way to do some research prior to your arrival via internet.
You will lose money if you wait. Interest rates are set to go up in March 1% or more. This means you will lose 10% of your purchasing power if you wait til summer. Make your plans now. We have lenders that contact us daily with money offers that are beyond belief, we have Jumbo lenders that have 80% Jumbo Money and very low rates. In fact, we have Interest rates that start as low as 3.5%. It is important to ask your Realtor to put you in touch with a lender before your visit. Money talks when you negotiate and by spending a few minutes with a lender on the phone, you will save a few thousand dollars(or more) in your negotiation. Be sure to ask your lender for a prequalification/comfort letter! This is almost the same as a cash offer when it comes to negotiating.
You will lose the best property if you wait. We currently offer for sale the power of three including superior locations, incredible interiors and unbelievable pricing. These properties always sell first. If you wish to take advantage of these you must make plans to visit the Island before everyone else does. Although this has been a constipated market in the past, everything is moving now! Some of the best Hilton Head deals include a 1.5 million architectural home now offered for only $849,000, a new oceanfront under $4, incredible villas $400 - ,homes under $800k, homes over $800k +, unbelivable villas over $400, and chance of a lifetime land opportunities, these properties and locations cannot be beat!
Buy in the "off season" and enjoy it "in season"! If you are like most of our visitors to Hilton Head, you travel to Hilton Head Island during the seasons of spring, summer and fall. The reason we are telling you to act now is that we don't want you to be upset when you visit! The best deals will be made this winter. In fact, no one can argue that we will ever have better properties, better prices, better locations or better interest rates than we have now. Market has created opportunity, one that we most likely will never see again!
From an Island that offers opportunity,
We are~
Robbie Bunting & Jane Hyers
P.S. ~ The last 4 recessions were officially announced an average of 522 days (17 months) after they were over. How are you going to get the best property at the best price? Buy it in our off season and enjoy it in season!
We love Hilton Head Island. It offers the best weather, it is an Island, it has great residents, fantastic beaches and just about everything you could ever wish for. Below are some great links to just some of the things the Island offers. We will be updating this list periodically, so be sure to check back and make this one of your favorites in your web browser.
Hilton Head Island offers the best:
· Best Beaches - The Travel Channel
· Best Beaches for Families - by USA TODAY
· One of America's Best Beach Towns - by Where To Retire Magazine
· Best Golf Vacations - by TripAdvisor
· 50 Greatest Golf Destinations in the World - Hilton Head Island is #10 - Golf Digest
Hilton Head Island Links to Fabulous Places to see and be seen!
Pinckney Island National Wildlife Refuge
Daufuskie Island, SC - TripAdvisor
Savannah, GA - Trip Advisor | Charleston SC
Chamber of Commerce Dining List
Restaurant Reviews at TripAdvisor
Arts Center of Coastal Carolina
Outside Hilton Head
Courses & Info by GolfIsland.com
Hilton Head Island / Bluffton Chamber of Commerce
S.C. Official Parks, Recreation & Tourism (Online Info and Order FREE info)
TripAdvisor Hilton Head Overview
Harbour Town Shops at Sea Pines
South Carolina Maps
FREE South Carolina Travel Guide
CLICK HERE FOR HILTON HEAD ISLAND REAL ESTATE
If you cannot find what you are looking for, please let us know and we will be happy to search and find it for you.
From an Island that has lots to do,
We are,
Robbie Bunting & Jane Hyers
800-932-3652
Dear Clients, Friends & Fellow Associates ~
Value must be seen by a buyer before a property will ever sell. The higher the perceived value, the easier it is to justify a price. One of the best ways to build the value for a property is to go over the checklist below. As a fellow real estate friend once told me "we sell space and it is what comes with the space that adds additional value". Some call it Spanish Moss and Moon Beams, but whatever you want to call it our Island Real Estate is a value when you consider everything that you get!
Hilton Head Island Offers:
1 - PGA Tournament
2.38 - Million Visitors supporting our lifestyle
3 - Plus colleges in the area area offering continuing education for retirees along with the sports they bring.
3 - Great art centers in the area including the Art Center with Broadway type shows and talent.
7 - top college golf tournaments, i.e. at Belfair, Long Cove, Haig Point, Palmetto Hall and others for the enjoyment of all.
8 - Beach Parks with Access
9 - Marinas
10 - Beautiful Gated Communities
10 - Great Schools
10 - Historical Landmarks
12 - Public Tennis Courts and over 300 total courts
12 - Miles of Pristine Beach
12 - Major Festivals and celebrations
20 - Island Parks
24 - Island Golf Courses
30 - Miles of Public Bike and fitness Pathways
42.1 - Square Miles of pure beauty
56 - Average Low Temperatures
76 - Average High Temperatures
93 - Beds in the Hilton Head Hospital(acute care)
37,918 - Population Year Round(small but great)
200 - plus college tennis teams come to HHI every year for spring practice giving access to Hilton Head residence to see them play.
200 - plus Days of Sunshine
250 - plus Restaurants
200 - plus Shops and Fantastic Boutiques
32° - 10′44″N BY 80°44′35″W Latitude & Longitude
4.625 - 30 Year Fixed Conforming Rate
6.625 - 30 Year Fixed Jumbo Rate Today
4,700 - foot runway at Hilton Head Airport
Add these up and you have the best town on the coast to live life, vacation and experience. Of course, fantastic prices, historical low interest rates and availability of prime properties are certainly subject to change, but the Spanish Moss and Moon Beams never ever change. Please let us know if you have suggestions that we can add to the above list. We will re-post these additions at the end of the month. Thank you.
From a great Island to live on,
we are:
Robbie Bunting & Jany Hyers
P.S. CLICK HERE+ for our best villa, home and home-site values!
Dear Clients, Friends and Fellow Associates~
We have been tracking the market for two years now by compiling a Monthly Market Trend Report. This report is exactly what its name implies; it's an "at a glance" report of current Home, Villa and lot trends for Hilton Head Island.
This trend tells us where the most robust (busiest) price segments of the market are - i.e. it will tell us where the activity is and where it is not. It will show us the active number of listings and the sales that occur each month in each pricing segment. It will give us an actual listing to sale price, the days on the market and the number of months of inventory.
The most critical information that a Market Trend Report will convey is what we call the "Big Three". The Big Three are the 3 most vital statistics for any market place in any price range. The big three statistics are as follows:
1. Average number of listings taken vs. Average number of sales in a given period which will give us the number of months of inventory that we have.
2. Average Days on the Market for properties that do sell when they are correct in price.
3. Average List price to Average Sales Price which is an indication of negotiation and the firmness of the market.
This information is a snapshot of how the market place has performed in the recent past, which is often a good predictor of future market performance.
If you would like to receive a monthly report via email, plese email us today. This is not only a good map of where we have been, it points to where we may be going.
All the best,
Robbie Bunting & Jane Hyers
800-932-3652
Be the first to comment on this post Posted by robbie@robbiebunting.com Categories: Hilton Head Purchasers
Dear Future Buyers,
If you are thinking of buying property now or in the near future on Hilton Head Island, don't take a chance on time. The real estate market is dishing up some fabulous properties that not only offer incredible pricing, but they are the best of the best with impeccable condition and fabulous locations. That said, below is a story that I need to share with you.
In 1986, I met Ron a potential buyer for a second home near the beach at our furnished Huntington Model. Ron was my first real contact with an IBM engineer. Ron was a pipe smoking, Volvo driving analytical. Needless to say, for the next three years we spoke on the phone or met numerous times reviewing square footages, villas for sale, homes for sale and compared price per square foot as it related to location to the beach.
I should also mention that in those years, inventories were high and prices were still adjusting as the 1986 tax laws changed the deductions allowed on multiple properties. We were in a market pretty much the same as we are today. Finally after three years Ron settled on the place we first met, a three bedroom Huntington Villa. I believe he got a furniture package included, but paid pretty much the same price he would have paid in 1986. The one thing Ron did lose while we over analyzed the market was the time he could have had with his wife and grand children enjoying it.
A few years passed by and I saw Ron again and we laughed about our search together and the formulas we developed. I asked him how the villa was working out and did he have any regrets. He told me then that the only thing he regretted was not doing this three years earlier. To finish the story, a few years ago I had a call from Ron's wife to tell me that he had passed away.
How much time are you willing to lose waiting for a sign, or the right time or the right price? You just cannot take a chance on time and when you are finally ready, I now have all the formulas thanks to Ron!
My best to you,
Robbie Bunting
Agent/Associate Broker
800-932-3652
Robbie@robbiebunting.com
A blend of residential and resort real estate. Located on the southern tip of South Carolina, this is the 2nd largest Island on the east coast and offers 12 miles of pristine beaches, great dining an
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