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An Associated Press article in the Island Packet, titled "Home Sales Rise Bidding Wars Seen", is congruent with home sales activity on Hilton Head Island. The article states, "distressed, low-end properties have sparked bidding wars in places like Las Vegas, Phoenix and Miami". Matt Houle, agent/owner of Exit Realty of Hilton Head says, "a version of that is very true right here on Hilton Head Island. In particular, recent home sales activity on Hilton Head Plantation has seen multiple bids on a variety of homes and not only those at the lower end of the price range. While bidding activity on foreclosure or distressed properties is brisk, it is spilling over into the more moderately priced homes also, as indicated by MLS statistics". Houle continues, "other plantations such as Wexford, Sea Pines, Palmetto Dunes and Indigo Run are also seeing similar kinds of activity. The market is clearly indicating that buyers are reengaging and are on the hunt for attractive home values and motivated sellers". While this action is encouraging, there is a limited amount of homes at rock bottom prices and that is leading to buyers snapping up more moderately priced homes. Now is a great time to buy! If you wait too long, it's almost certain that you will pay more for the same home in the not to distant future." Follow this link to read the entire news article.
Hilton Head Island, SC Real Estate, Exit Realty Exit Realty of Hilton Head is your local expert for all your Real Estate needs in Hilton Head Island and greater Bluffton, including the area’s Plantations: Sea Pines, Hilton Head Plantation, Long Cove, Wexford, Shipyard, Palmetto Dunes, Port Royal, Indigo Run, Palmetto Hall, Windmill Harbour, Spanish Wells, Moss Creek, Colleton River, Belfair, Rose Hill, Berkeley Hall, Hampton Hall, Hampton Lake, Sun City, Hilton Head Lakes, Oldfield, Hampton Pointe, and Palmetto Bluff. Put us to work for you; our service will impress you! (843-422-4432).
Web link: Hilton Head Plantation Real Estate Sales Rise
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Today's Rates:
| 30-yr Fixed | 4.54% | 4.69% | | 15-yr Fixed | 4% | 4.21% | | 1-yr Adj | 3.64% | 4.52% |
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