Category : Market Reports

In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.4-month supply. This is considerably lower […]

by Hilton Head Real Estate Partners March 25, 2016 0 comments

January Sales Highlights: Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year. Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply. Lawrence Yun, NAR’s Chief Economist, warns: “The spring buying season is right around the corner and current supply levels aren’t […]

by Hilton Head Real Estate Partners March 01, 2016 0 comments

Some Highlights: 30-year fixed mortgage rates are projected to increase steadily over the next year. Housing Starts will well surpass 2015 numbers. Home Sales will reach an annual rate of over 6 million by the fourth quarter of 2016. If you are interested in where the Bluffton / Hilton Head Island real estate market is […]

by Hilton Head Real Estate Partners November 14, 2015 0 comments

  Millennials are finally starting to enter the housing market according to a recent report by CoreLogic . Focusing on the annual net change in household formations over the last decade (see graph below), the report shows this is the year that Millennials are finally moving out of their parents’ basements and finding a place of their own; and they are NOT […]

by Hilton Head Real Estate Partners November 06, 2015 0 comments

CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of allmortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported: “For much of the country, the negative equity epidemic […]

by Hilton Head Real Estate Partners October 09, 2015 0 comments

Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report. The report covered three important aspects of the housing market: Buyer Demand Supply of Housing Inventory Single Family Residential Prices Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist […]

by Hilton Head Real Estate Partners May 23, 2015 0 comments

Ever wondered how housing prices in South Carolina compare to other states and regions within America? Wonder no more, because we have the stats for you! The South Atlantic Region had a 4.66% increase in price over last year.   South Carolina housing prices increased 3.6% this year.   Finally, housing prices have increased 1.1% […]

by Hilton Head Real Estate Partners December 18, 2014 0 comments
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