Real Estate Blog

With spring right around the corner, you may be wondering if you should wait to enter the housing market. Here are four great reasons to consider buying a home today instead of waiting. 

1. Prices Will Continue to Rise

CoreLogic's latest Home Price Index reports that home prices have appreciated by 6.3% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.4% over the next year. The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects home values to appreciate by more than 3.2% a year for the next 5 years.

The bottom in home prices has come and gone. Home values will continue to

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For the 12-month period spanning February 2017 through January 2018, Pending Sales in the Hilton Head region were up 13.7 percent overall. The price range with the largest gain in sales was the $375,001 to $650,000 range, where they increased 23.5 percent. The overall Median Sales Price was up 3.9 percent to $302,750. 

 The property type with the largest price gain was the Condos / Villas segment, where prices increased 4.9 percent to $215,000. The price range that tended to sell the quickest was the $100,001 to $225,000 range at 119 days; the price range that tended to sell the slowest was the $650,001 and Above range at 212 days. Market-wide, inventory levels were down 9.3 percent. The property type that lost the least inventory was the Single Family

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2017 was a great year for real estate sales in Beaufort County. If you are looking to sell a home in 2018, the market looks to be in your favor. After years of a "Buyers’ Market", it seems that we are making a shift back to a "Sellers’ Market". When real estate professionals refer to a market as a sellers’ market, it's due to the lack of inventory (homes) vs. the number of buyers. Typically, in a sellers’ market, homes sell faster and for a higher price. 

2017 Stats: Sales on residential homes rose by 9% on Hilton Head Island and 19% for condo's and villas. In Bluffton, sales rose nearly 6% over last year. Homes priced between $220,000 - $675,000 saw the largest increase in activity. 

In 2017 the median sales price on HHI was $535,000 and in

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 Sales: Pending sales increased 15.8 percent, landing at 4,852 to close out the year. Closed sales were up 10.2 percent to finish 2017 at 4,684. 

 Listings: Year-over-year, the number of homes available for sale was lower by 6.9 percent. There were 2,049 active listings at the end of 2017. New listings increased by 3.6 percent to finish the year at 6,369. Home supply was once again lower than desired in 2017. 

 Distressed Properties: The foreclosure market has dwindled from its peak several years ago. In 2017, the percentage of closed sales that were either foreclosure or short sale decreased by 25.4 percent to end the year at 2.8 percent of the market.

 Prices: Home prices were up compared to last year. The overall median sales price

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Avoid making any change until you have run the numbers and have a clear understanding of the costs. 

Key Takeaways: 

If you are thinking about changing brokerages, compare your total expenses at your current brokerage and what your projected expenses will be at your new brokerage, including the tools and services that both brokers pay (or don’t pay) on your behalf.

If you’re working at a full-service brokerage where you are on a 60-40 split, you may be tempted to jump ship to one of the 95-5 or 100-percent brokerage firms. Before you make that decision, take a hard look at the numbers — you may be making more exactly where you are.

So-called 95- or 100-percent brokerages are mushrooming up everywhere. Although their main selling point is their

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Top reasons sellers should list now, plus tips for making the most of that December sale
by Amy Puchaty Dec 8 , 2017

Selling a home during the holidays sounds stressful, and for homeowners who love to entertain and go all-out with decorations, it could end up being a total buzzkill. But those willing to make their home sellable year-round stand to gain a competitive edge with fewer properties on the market and the most serious buyers out and about forgoing festivities to search for their dream home.

Here are the top 10 reasons to list now, plus a few tips on how to make your listing shine as bright as Rudolph when you do.

Overcome the stigma

The first step is overcoming any stigma your seller may have about listing over the holidays. Most

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What should you know before buying a home? 

Before you even start looking for a home it’s a good idea to pre-qualify for a loan, find the right agent, narrow down your home search and decide what features are essential for your needs. 

Once you are under contract your Real Estate Agent can help you find a professional home inspector and walk you through the closing process. 

Click on the link below to learn more. 

https://view.joomag.com/buyers-book/0927637001486754188?preview

New to South Carolina? 

Registering a Motor Vehicle or Recreational Vehicle Upon moving. You have 45 days to register. First, visit the Beaufort County Auditor’s Office to have a tax bill created with the following:  Bill of Sale or Title (If purchased from an

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