Posts Tagged ‘Hilton Head Real estate market’
4334 Hilton Head Resort, Just Listed for $79,900!
Two-Bedroom, Two-Bath Beautifully Furnished Villa Near The Beach
Just listed with Go Gated Realty®, 4334 Hilton Head Resort, an outstanding two-bedroom, two-bath villa near the beach on Hilton Head Island. The Hilton Head Resort is the best location for economical two-bedroom villas near the beach on Hilton Head Island. New listing 4334 Hilton Head Resort may have the best value for a vacation rental villa at the Hilton Head Resort today.
Walk Through 4334 Hilton Head Resort on Video
To walk though this villa on video, click here. To read about the major renovation that Owners made at the Hilton Head Resort, click here.
Don’t miss out on this outstanding bargain! Will this villa meet your needs? Some detailed information and pictures are given below. To discuss the Hilton Head real estate market and your personal goals, please contact me, Richard Kadesch, your Gated Communities Specialist® today! My cell number is 843-684-2933, email: rich@gogated.com. Let’s compare this villa with all others in this relatively low price range and make sure that you get the super-bargain that you want to have. This may be it! If so, let’s make it yours today!
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Richard Kadesch, Owner, Broker-in Charge, Go Gated Realty®
The Gated Communities Specialist ®
Foreclosures, Second Homes, Income Properties, Luxury Homes
Hilton Head Island and Bluffton, South Carolina
Cell 843-684-2933, Email rich@gogated.com
The Affordability of Hilton Head Homes Sets Record High
With low prices and low interest rates, the affordabilty of a monthly mortgage payment for a medium priced single family home has improved dramatically in recent years, $700 now compared to $1,140 in 2006 according to David Stiff, Chief Economist at Fiserv. Mortage payments have declined by 40% in the last 5 years. Now purchased mortgage payments account for only 13% of a monthly medium family income nationally, the lowest on record since 1971!
A state by state study done by Professor Ken H. Johnson of Florida Internation University and Editor of The Journal of Housing Research shows that in South Carolina, the ratio of housing price to income is between -5% to -15% less than the 30-year average for this ratio.
While these are national and state trends, they have been generally true for the Hilton Head real estate market in recent years. The affordability of Hilton Head homes and villas is more affordable now than in many years. Affordabilty is a fourth big reason to buy real estate in 2012 along with low prices, low interest rates and large selection.
To find the home or villa on Hilton Head that is affordable for your budget, please call me, Richard Kadesch of Go Gated Realty®, the Gated Communities Specialist® today. My cell number is 843-684-2933 and email rich@gogated.com.
Richard Kadesch, Owner and Broker-in-Charge Go Gated Realty ® The Gated Community Specialist ® Hilton Head Island, South Carolina
Cell 843-684-2933
Email rich@gogated.com
Hilton Head Homebuyers Follow National Trends to Find Lifetime Bargains
National home sales in 2010 and since the government terminated rebates. Source: National Association of Realtors 12/11.
Trend #1: The Real Estate Recovery is Underway
Hilton Head home buyers are back in the market and finding the real estate opportunities of a lifetime. It is not clear if their decision to buy now is influenced by the considerable news that is out there on television and in newspapers about the recovery or if they are acting based on intuition and feeling or both. Regardless, more buyers are active now and my phone is ringing off the hook with buyers who are back in the market after years of waiting for the right time to buy. I am happy to say that it sure feels like a recovery to me!
News about the national housing recovery is shown in the graph above from the National Association of Realtors that shows increasing home sales nationwide even after the government stopped the mortgage rebates. Below, a graph shows the recovery in housing predicted by both the NAR and Fannie Mae. Our local Hilton Head real estate market is explored in a separate article. This article presents the good news of a national real estate recovery.
Trend#2: Interest Rates Have Increased and Will Go Higher
How many times has someone said in the last few years that real estate prices and interest rates were at historic lows? In the doldrums of our economy and emotions, it sometimes seemed like everything would be low forever, including our morale. But both morale and interest rates have risen and higher interest rates may be another factor that is bringing buyers back into the market. People understand that higher interest rates diminish their purchasing power. It’s not just the purchase price but the cost of the purchase over time based on the interest rate that is important. The table above makes this clear using the example of a $170,000 home. The National Association of Realtors stated in their 4th quarter housing report that the national median existing single-family price was $170,600 in the fourth quarter of 2010, up 0.2 percent from $170,300 in the fourth quarter of 2009.
Trend #3: Real Estate Usually Gives the Best Return on Investment
Source: MSNmoney.com, Case Shiller
The last few years have been economically and emotionally challenging to say the least. It’s not always easy to have the confidence in our future and in real estate that we should have but the graph below reminds us that real estate is the best place to put your money for a good return of investment over time. Today on Hilton Head, I believe that we have the real estate purchase opportunity of our lifetimes. The question really is, are you ready to take advantage of today’s buying opportunity?
Many buyers have found outstanding home bargains on Hilton Head in the last few years and now more people are deciding that this is the time to buy. If you are among those who are ready to get back into the market, please call or email me, Richard Kadesch of Go Gated Realty® on Hilton Head Island, the Hilton Head Gated Communities Specialist®. My cell number is 843-694-2933 and my email is rich@gogated.com.
To find the Hilton Head real estate bargain of your lifetime, please call:
Richard Kadesch, Owner and Broker-in-Charge Go Gated Realty ® The Gated Community Specialist ® Hilton Head Island, South Carolina
Cell 843-684-2933, Email Rich@gogated.com, www.GoGated.com
Hilton Head Beach Condos For Less Than $100,000!
A villa like this one with two-bedrooms, two-bathrooms, 1,000 SF of living space was just listed at Woodlake Villas for $49,800. The villa has tile floors, new carpet and a fireplace Woodlake Villas are popular primary and long-term residences with a security gate, fitness center, swimming pool and tennis court located mid-Island, a short drive from the beach.
Some Beach Villas Cost Less than $75,000!
Everybody loves bargains and the Hilton Head real estate market has them today in homes, villas, lots and commercial properties. Bargains are not all at very low prices but did you know that today you can buy a villa near the beach on Hilton Head Island with an ocean view for less than $100,000 and even $75,000?
Happy days are here again for buyers. Consider this inventory of economical villas for sale on Hilton Head Island today:*
116 villas are for sale for less than $100,000: three of these have three bedrooms; four have one-bedrooms and are located in oceanfront buildings, some with ocean views. 9 of these are two-bedroom villas within walking distance to the beach with a 24-hour security gate, indoor and outdoor swimming, tennis and racketball courts.
68 villas are for sale for less than $75,000: these include four two-bedroom, two-bath villas near the beach and 5 two-bedroom, two-bath furnished villas near the Port Royal Sound beach.
22 villas are for sale for less than $50,000: these include 3 two-bedroom villas with 1,000 square feet in a popular residential villa community with a 24-hour security gate, fitness center, swimming pool and tennis court.
Some economy villas are suitable as vacation and second home use, but not all. Buyer motives include personal use only, vacation rental to others, primary home occupancy or lease to someone who lives and works on Hilton Head Island. Vacation rental owners typically do their own rentals in this price range. I am happy to teach any owner who would like to know more about how this is done. ‘Investors’ want cash flow and do not have a personal motive to occupy the property. If your motive is ‘pure’ investment and not personal occupancy, Go Gated Realty manages long-term rental properties and is ready to help. Please call about our rental program.
Generally speaking, vacation rental properties are closer to the beach and tenant-occupied villas are farther from the beach and cost less. To determine the property that will be best for your needs, please call on me. I am happy to sort them out and make recommendations based on your needs.
Whatever your price range or motive to buy, let’s find your super-bargain today!
*Source: The Hilton Head Multiple Listing Service that requires this disclaimer: “The statistical data contained herein has not been verified by the Multiple Listing Service of Hilton Head Island, Inc. and the publication of information hereof is not a representation or warranty of any fact whatsoever.”
Richard Kadesch, Owner and Broker-in-Charge
The Gated Community Specialist ®
Go Gated Realty ®
Hilton Head Island, South Carolina
Rich@gogated.com
www.GoGated.com
1-800-333-5025
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