Dear Sea Pines Friends and Neighbors,
Summer is officially here, and the warm and sunny July 4th weekend was one of the busiest in recent memory. In talking to some of our friends in the rental management business, this weekend was one of the most successful for rental activity in the previous ten years. Since many of our first time buyers come to us as happy renters and vacationers, we are delighted to see so many families enjoying our Sea Pines paradise.
Continuing our reporting of good news, our Island received GREAT news with the signing of the Royal Bank of Canada as the title sponsor, and Boeing as the presenting sponsor, for the Heritage Tournament. Many thanks go out to the Heritage Foundation, the business community, and the local and state politicians, particularly Governor Haley, who made the continuation of our Tournament their number one priority. The pictorial exposure and complimentary commentary that comes with each Tournament broadcast, from players, broadcasters, and PGA officials alike, provide virtually invaluable advertising to all of us who have an interest in seeing our Sea Pines property values appreciate in the future: the comments and incredible visual images turn viewers into renters, and we help turn renters into buyers!
Real estate sales activity continues to be much stronger this year. More Sea Pines homes have sold in the first six months of this year than we have seen since the “go-go” market of 2005: Eighty nine homes have closed in the first half of 2011. Villa sales are stronger too - you have to go back to 2008 to see a higher level of villa sales activity. We continue to receive an ever-increasing number of internet, telephone, walk-in and referral inquiries, and more and more potential buyers who were “waiting things out” are now re-entering the market. When a property is priced correctly, and marketed properly, we are seeing shorter sales cycles than we have seen in the past two years. The inventory levels are going down as well – less than 200 Sea Pines homes are listed for sale; at one point just a little over a year ago, we had more than 280 homes listed for sale in Sea Pines.
At Clark, Cramer and Frank, we are proud that again in 2011, as we have since 2007, we continue to close more Sea Pines property transactions than any other agent or team in the entire Hilton Head MLS. If you would like to discuss the market with us in more detail, and/or talk about your property and the real estate sales objectives that you have, we would be happy to spend some time with you.
We are located at the South Beach Marina village; please stop by any day, or call us on 843-363-4523, or visit our website, www.WeSellSeaPines.com , and click on the “Contact Us” tab on the home page
