I was at a real estate conference and heard this quote.  After I thought about it, it made more sense to me.  It seems like most people who talk to me about their real estate on Hilton Head are waiting for the rain to stop. We will likely be in a rough real estate market for [...]

There is some great news for first-time home buyers in 2009!  WHO is eligible?  First-time buyers or anyone who has not owned a home in the 3 years prior to a purchase of a primary residence may qualify for this tax credit of up to 10% of the purchase price or $8,000 – whichever is [...]

I was watching Fox News last night and Shepard Smith was giving a report on the real estate market.  He said the good news is that home sales in the United States were up 2.3% in April of 2009 compared to April of 2008.  On Hilton Head our increase was a little more than that. [...]

I was talking to one of the other Agents on Hilton Head who had just made a sale on a 4th row house in Sea Pines Plantation.  I asked him how he put the transaction together and he said “my buyer was looking for a screaming deal and he would only buy if he found [...]

Good news!  In April 2009 we had more home and villa sales on Hilton Head Island than we did in April 2008.  You have to go back a long time to find a situation where we had more sales than the same month the year prior.  We had 69 home sales in April of 2009 [...]

Late last night I was at the office doing some statistics and out of curiosity I ran sales in 2008 versus 2009 for the first 20 days of April.  We sold 102 homes during the first 20 days of April in 2009 and last year we sold 98.  We sold 32 villas during the first [...]

We saw 106 homes, 33 villas and 23 new lots come on the market last week.  Wow – that is a lot more inventory than we would like to see.  The good news is that we did have 39 homes go under contract last week; 13 on Hilton Head Island 26 were in Bluffton.  We [...]

For the last month it seems like everyone who called me was complaining about the stock market because their assets kept going down in value.  I’m so excited to see that we have had about eight or nine days of good news in the stock market – I think that has a positive influence on [...]

Wow, the stock market dropped 4% yesterday. Stock market values affect real estate values, even though not directly. It has been my experience that people buy when they feel good about their investments and are more cautious when they do not feel good about their investments.  7 out of the last 8 days the stock [...]

I made a prediction after the election that the real estate market would pick up the day after the Obama was inaugurated. After the election and before the inauguration I thought the press was very negative on the economy. My thinking would be that as soon as Obama was elected, they would want the economy [...]