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Tagged : Hilton Head Island real estate

Found 2 blog entries tagged as "Hilton Head Island real estate".

SUNRISE ON Hilton Head

We're pleased to let you know the real estate market on Hilton Head Island experienced another year of measured growth and stability through 2018. The market didn't appear to favor either the buyer or the seller as both sides were sensitive to price and value. The exception to this could be found in new home construction which continues to show solid demand. Buyers also had a clear preference for renovated homes and villas in turnkey condition.

Sales of homes on Hilton Head Island were stong in 2018 with an increase in transactions of 16.8 percent but the median sales price dipped slightly by .2 percent to finish out the year at $534,000.

Villa sales islandwide ticked up 1.1 percent from the previous year while the median sales price increased

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low tide at Baynard Park in Sea Pines on Hilton Head Island

Robert J. Shiller, Sterling Professor of Economics at Yale University, has made a name for himself over the years with the S&P/CoreLogic/Case-Shiller National Home Price Index. He's acclaimed for tracking national real estate trends and issuing warnings about the market when he thinks it's overheating.

In his recent article, "The Housing Boom Is Already Gigantic. How Long Can It Last ? published in the New York Times, Professor Shiller has just raised a red flag of warning from the data he's collected and freshly analyzed. He says, "We are, once again, experiencing one of the greatest housing booms in the U.S. history," and, "The data can't tell us when prices will level off, or whether they will plunge catastrophically. All we do know is that

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