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The Affordability of Hilton Head Homes Sets Record High

 Hilton Head Homes Are The Most Affordable In 30 Years

 Hilton Head homes for sale are very affordable because of low prices and low interest rates measured against family income.

What is affordabilty?   Affordabilty is the cost of a home measured against family income.
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  

Richard Kadesch, Owner and Broker-in-Charge

Go Gated Realty ®

The Gated Community Specialist ® Hilton Head Island, South Carolina

Cell 843-684-2933, Email

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