Tagged : hilton head oceanfront homes

Found 5 blog entries tagged as "hilton head oceanfront homes".

We have an exciting opportunity for anyone thinking about entering the Hilton Head area real estate market anytime soon as a buyer.

Right now, you can download our new ebook titled “7 Reasons Why The Timing Is Excellent to Buy Real Estate.”

This book provides some excellent and historical information about the Hilton Head area real estate market and also analyzes recent sales activity to support the title of the book - that now really is an opportune time to invest in real estate on Hilton Head Island, in Bluffton, or in Beaufort, South Carolina.

So What Are The 7 Reasons Why The Timing is So Good Now?

  1. The Hilton Head area real estate recession is over
  2. If you’re borrowing, money’s never been cheaper
  3. The monthly cost of owning is
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Temperatures aren’t the only thing that are expected to rise over the next few months. According to recent market data, mortgage rates are also expected to increase.

This has a lot of implications for those hoping to buy a home or condo here. So if you’re currently considering investing in a Hilton Head Island area property, you’ll want to continue reading to learn more.

Mortgage Rates Nationally Expected to Rise

Evidently, according to major industry analysts, 30 year fixed-rate mortgages are expected to increase to between 5 and 5.6 percent by spring 2015.

As a means of comparison, rates are currently hovering around 4.5 percent.

Here’s a user-friendly way to see what the various agencies are predicting in terms of mortgage rates a year

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2013 was a bit of a disappointment for Hilton Head Island oceanfront home sales. Throughout the year, 14 oceanfront homes were sold at a median sale price of $2,037,500. In only three of the last ten years have there been more oceanfront homes sold in the Hilton Head area. The peak year was in 2007 when 22 oceanfront homes were sold. Surprisingly, while total home sales in the Hilton Head area in 2013 were the highest EVER with 2,730 sales, oceanfront home sales actually dipped to 14 from 18 sales in 2012.

Hilton Head Oceanfront Home Sales Over the Past 10 Years

To demonstrate the relative success of oceanfront homes in the Hilton Head Island real estate market over the past 10 years, I've provided a graph below comparing the number of home

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Sea Pines Hilton Head Oceanfront Real Estate

There is exhilarating news for the Sea Pines Hilton Head community oceanfront home sales! Currently, sales are near the pre-recession level; however, overall sales volume is down. Sea Pines oceanfront homes are enjoying their second best homes-sold numbers in the past 6 years, and if two more homes sell, it will match the best year in 2004 when 8 homes sold. Take a look at the graph below to see just how fantastic Sea Pines oceanfront real estate has been in the last few years. It is apparent this neighborhood has bounced back with a vengeance from the recession crunch of 2008: 

 

This means your investment in a Sea Pines oceanfront home is a compelling choice to make!  Interest rates are still low

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Windmill Harbour Home Sales and Prices Both On The Rise

The Hilton Head real estate numbers are showing sensational stats for the Windmill Harbor home sales! So far in 2013, the Windmill Harbour Hilton Head community is boasting 36 homes sold, making 2013 the best year in 6 years for Windmill Harbour home sales. Last year in the first eight months there 24 sales; thus, this year so far has seen a 50% increase in the number of sales--and the year is not over yet! Take a look at the graph below to compare the number of homes sold and the median home price in the first eight months in the Windmill Harbour Hilton Head neighborhood:

Windmill Harbour Hilton Head Median Home Prices

Median prices for homes for sale in Windmill Harbour Hilton Head have

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