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The state of Wall Street has many people wondering what will happen to their Real Estate market. The truth is, it's still too early to tell and anyone who says different is just jumping to conclusions. These are trying times on Wall Street. It's hard to get a grip on what's happening with financial firms, the government and how this will affect us and the Real Estate market. Institutions are going bankrupt, write downs, and mergers. It's a little scary. That said, consider history and consider, "Who's your Daddy?" Real Estate!
What do people do when there's no where to invest in the stock market? They buy Real Estate. What do people do when interest rates are at historical lows? They buy Real Estate. What do people do when prices of Real Estate are at bargain prices? They buy Real Estate. What have people done in Hilton Head & Sun City? They buy Real Estate because of the lifestyle...and its time to get on with the next phase of life.
There is no question that there is a lot of uncertainty in the residential real estate market right now. That said, for many property owners, now may actually be one of the best opportunities in many years to sell their current home and to upgrade. Let me explain...
The tide turned in 2006 to a buyer's market. With that shift, we'll say that prices are down or are in the process of coming down 10-30% across the board, to use a round number. Say that you currently own a home that, during a strong seller's market, you would expect to sell for $500,000, and that you would be looking to upgrade to a new property that, during a strong seller's market, would cost $1,000,000.
Today, with prices coming down 10%, your current home will now sell for $450,000, or $50,000 less. However, the home you'd be looking to purchase, would now sell for $900,000 or $100,000 less. The ultimate result is a net "gain" of $50k over what you would have spent in a seller's market.
Of course this is an overly simplified scenario, and assumes across the board even price reductions as well as a large difference between your current home and ideal new purchase. Nevertheless, remember some of the best intangible and tangible aspects of the current market for purchasers - you can take more time, consider your options in a more relaxed fashion, view more properties, negotiate better terms of the contract, etc.
For developer properties, buying new may even provide a better value as a result of free upgrades, paid closing costs and mortgage payments up to a year.
Email me at Larry@LarryMeyersHHI.com to discuss your particular situation and how to make this market work for you. If Sun City Hilton head is your destination, contact me for details on their "Free Getaway."
No one knows what tomorrow looks like but today it looks like Real Estate is a good bet.
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Last time I took my dogs to the veternarian for their innoculations, I must have spent over $200 before I got out the door---Well, look no further for an excellent value!
The Palmetto Animal League will host a Rabies, Microchip and Vaccine Clinic from 11 to 3 PM on November 15 at the Animal House Thrift Shop, Highway 46 in Bluffton.
How about these costs? Rabies shot is $6.....Microchip is $15.....and Canine/Feline Distemper is $12. Now I can't remember exactly but I think I paid over !00 for one of my dogs to be microchipped a few years ago so these prices should really help the family budget.
FOR MORE INFORMATION CALL 843-837-6369 or visit Palmetto Animal League.
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Alston Park at New Reverside, Bluffton, South Carolina

Located in Bluffton, South Carolina, off of May River Rd, Alston Park at New Riverside is a short drive to Hilton Head Island. Alston park is a CraftBuilt community(K. Hovnanian) They build quailty One and two story single family homes with lots of nice touches you'd pay extra for in similar homes. I've been in these homes and I like what I see.

You'll see lots of woods, there is a "Central park" for picnics and miles of walking trails. Pool and Cabana facilities are planned.
Low POA fees of $630 annually and billed quarterly
Alston Park is minutes to Schools, and Old Town Bluffton and it's just 17 miles to Historic Savannah.
Current Resales:
As a Buyers Agent we represents you--at no cost to you--and can save you time, energy and money
If you'd like more information on new homes or resales, available in Alston Park, please give me a call 843-368-9146
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There is a new mixed use development right Near Old Town Bluffton. There will be retail and office space in this area along with residential units.
Old town Bluffton is a charming area with little shops, arts and craft stores and a Church on each of it's Corners.
You can walk to some of the more well known places like the Oyster factory that is renoweed for whatelse?Oysters.
The May River public dock is close at ahd so you can go fishing, crabbing or boating
The farmers Market and Calhoun Street Shops and Art Galleries can be enjoyed by just taking a short walk.
The Church of the Cross is also located on Calhoun Street and you can enjoy the views of the May River from the rear of the Church Grounds
The Video Below will give you a flavor of the area as seen through the eyes of Old Town Merchants. You'll find their website informative (URL)
Lot sizes range from .31 to .44 acres. Prices for lots range from $206,000 to $280,000
If you'd like more information about Stock Farm, Please give me a call at 843-368-9146
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Hampton Lakes is a new planned unit development in Bluffton South Carolina. It has an area of 900 acres with 165-acres of freshwater lake, 7-miles of navigable waterways and 15-miles of shoreline.
Outdoor enthusiast will love Hampton Lakes. Kayak, Boat or fish to your hearts content. For nature lovers, there are over 500 acres of natural preserve.
The plan for develpment calls for 950 residential units made up of custom homes, coach homes and condos
There are currently homes available at great discounts, until December 31,2008.
Homes available range in price from below $500,000 to $669,900 with 2 and 3 car garages.
Many homesites will include a boat slip for easy access to fishing, kayaking and deck-boat cruising.
If you'd like more information on this community or on this sale, please contact me.
John March, 843-368-9146
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