Sam’s Hilton Head Blog/Newsletter for January 2021
Sam’s Hilton Head Island Area January Update
Greetings from Beautiful Hilton Head Island & the surrounding area of Bluffton! Along with my own NEW website at www.HiltonHeadLifestyle.com or www.Sam.TheAllianceGroupRealty.com, You’ll have a choice on how you’d like to search for your dream home or condo or even purchase a homesite for future use. You’ll see how easy it is on our websites ~ Just try it, ~ You won’t be disappointed. Please keep me in mind if you decide to purchase property here or just want to keep an eye on our market and what’s available price-wise I will have Market Reports on Hilton Head & Bluffton by town or zip codes. We have one of the most user-friendly & innovative search formats and being able to save your specific home searches (or just let me know what your criteria is and I’ll set everything up for you), you will automatically receive e-mails (if you choose to) with properties that match what you’re looking for. I’ll get to know your likes and dislikes for properties so I’ll be able to send you certain homes or condos that you will want to view (& possibly purchase!).
Now, what’s been happening here? It’s’ been one of the busiest seasons I’ve ever seen here. Our winters here are still “very liveable” with golfers playing & people walking the beach (with their dogs) or bike riding. Temperatures are in the 50’s & 60’s. With COVID still around especially with colder temperatures up north & mid west, this is the place to be. We all still need to be careful & wear masks & continue to social distance, but hopefully, with the vaccine being administered, 2021 looks much more promising for everyone. Inventories of Homes & Condos are the lowest I’ve ever seen in my 26 years. Buyers are realizing in huge numbers why the timing is right to buy now! Another reason it’s booming is our mortgage rates here are still below 3% ~ that means you have much more buying power! Buying now guarantees you’ll be taking full advantage of the upcoming vacation season & rental income if you’d like, but know this ~ with lower inventories & very quick contracts, every new listing that comes on the market will be “tested” with higher pricing until there’s buyer resistance (& there’s no resistance as of yet). People have finally realized prices here are still low compared to other parts of the country. Add that to low crime rates, the density of people, weather, natural beauty, being able to have an in-home office/work, the advantage of rental income when you’re not using it, & so many more reasons. I think you can understand why sales here continue to break records.
I’ve included the Hilton Head Realtor’s Association Statistics showing closed & pended sales transactions along with other specific information to keep you informed on real estate details on the Island & in the surrounding area of Bluffton. I think you’ll see what I’m talking about with Sales ~ they are Amazing! Please click here for Hilton Head Realtor’s Assoc December Market Stats. With our NEW MLS format, I can send you a link to the specific community that you’d like ~ Just call, text, or email me & I’ll set you up with a link for Palmetto Dunes, Forest Beach, Sea Pines, or any other area. Please click here for December Housing Supply Stats. As you can see, the Pending & Sold numbers are still “thru the roof!” Also, you can see the lower inventories are “forcing” buyers to buy immediately or lose out. Future listing prices will continue to go higher until we get resistance from buyers ~ so far we’re not getting resistance from buyers. I’m also including Total Year-End Stats for this “historical” year of 2020. I think you can see why this is the “Perfect Real Estate Storm!” Here is a Very Interesting ~ Yahoo Finance article regarding Middle Class & Home Buying
If you go on my New Website, you’ll see 4 New Popular Search boxes ~ All Oceanfront Homes listed, All Oceanfront Condos listed, All Homes in our Private Golf Communities listed, and My Featured Gated Community. I also have Weekly Updated Market Reports under my Services Tab at the top.
Please contact me if you’d like more information on any of the Communities on or off the Island. The Hilton Head & Bluffton area has been in BIG Demand the last 10 months for a bunch of reasons. Don’t miss out!
Call or E-mail me with any questions. Please continue to utilize my Website at www.HiltonHeadLifestyle.com or Sam.TheAllianceGroupRealty.com and search for your desired home, condo, or even a homesite for possible future use. Please utilize my 25 years plus, of being an Island Resident. Don’t ever hesitate to call, text, or E-mail me if you have any questions. I look forward to helping you become an “Island Neighbor!”
See you soon! Stay Safe & Healthy!
Sam Mancuso, REALTOR®