Hilton Head Real Estate featured in the Wall Street Journal
The Wall Street Journal recognizes that Hilton Head Real Estate is attracting second home buyers again. The Wall Street Journal recently printed the article “Vacation Homes: Why It May Be Time To Buy.” It states that the luxury segment is picking up even though in many regions prices are still unstable. Many brokers in the luxury home
market are reporting more inquiries than in the past two years. Hilton Head Island was grouped with other resort communities like The Hamptons, Palm Beach and Aspen as a stabilizing market that is attracting second homebuyers again. It also goes on to state "The Blue Chip market consists of a handful of spots where prices have stabilized and could soon rebound as sales pick up. Some, such as Hilton Head, have benefited from tough restrictions on building, which kept inventories manageable during the bust. Prices there have risen 4% during the last year."
It also stated “Five years after housing's peak, markets that once were out of sight even for well-heeled buyers are now in range. On Hilton Head Island, S.C., a three-bedroom home nestled between the Atlantic Ocean and Calibogue Sound changed hands in April for $750,000, after having sold for $1.2 million in June 2006.” It is a great time to take advantage of affordable prices. Buyers are taking heed.
According to the National Association of Realtors survey in May, 80% of second homebuyers purchase for consumption reasons (to live in and enjoy). Hilton Head Real Estate is always a good investment. It is a great time to purchase a second home or rental property and enjoy your investment with your family and friends while it is appreciating. Start your Hilton Head Real Estate search today.



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