Tuesday, February 19, 2013

February Thoughts on the Market



Now, just might be your time to buy! Why do we say that?

From the national perspective, Lawrence Yun, National Association of Realtors Chief Economist, has recently stated that all the conditions for strong price growth are at play including increasing home sales, record low interest rates, and the lowest inventory of unsold homes in 12 years. Homes sales in the South were up 5.6% in fourth quarter 2012 and 13% from a year earlier. Many experts see home prices rising in the near future as inflation increases over the next several years.


Locally, here on Hilton Head Island, 2012 sales were up roughly 20% over the prior year. Sales are starting out strong in 2013 as well. Prices appear to be stabilized. Inventories are coming down and in certain property types or locations, there are shortages of options.

Don't miss your opportunity to find the perfect home or villa on Hilton Head. Contact us today to discuss your needs and we will help you find the right property.

We sell homes and we do it well!

Our office is located at the Sea Pines South Beach Marina village and we would love for you to stop by on your next visit, gives us a call directly on 843-363-4523, or continue to visit our website, www.wesellseapines.com.

Thank you and we look forward to assisting you.

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