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south carolina: What are the Solutions for the Real Estate Problems in the Lowcountry of South Carolina? - 03/11/09 03:52 PM
I framed the title of this post as a question because I'm not certain I have the answer. I have ideas however, and would invite others from around the world to comment. I'm certain that many of the factors impacting our market, Hilton Head Island and Bluffton, South Carolina, are similar to those affecting other markets, and yet we all likely have our own unique problems.
Let me start by talking a bit about why our southern resort location was touted as one of the best real estate markets in the country several years ago. At least that's what we, here, … (1 comments)
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south carolina: How Do Energy Costs Impact the Real Estate Market? - 05/16/08 01:31 PM
I'm excited. Commentators from all sides of the economic arena are telling us that we may be about to see something we typically only read about in textbooks - real free market supply and demand principles in action and in an important and very visible aspect of our daily lives. Provided the Saudis don't increase oil production and our government doesn't dip into the Strategic Oil Reserve, it appears that something "classic" may be happening right now that should lower the price at the pump all by itself. People are finally changing their behavior. I'm one of them. Just last week I started … (2 comments)
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south carolina: Can We Predict a Bottom? - 04/30/08 04:58 AM
I confess I can't, but perhaps there are others who may have some useful ideas. In recent days I've spoken to several people who've offered some insights. I'll share them below and invite others to chime in.
A friend who has been in the business longer than me recently opined that one factor that characterizes the end of both bull and bear markets is a rapid acceleration of panic. What he meant is that historically, at the end of either market, one sees a rapid increase in the rate of price increases or decreases respectively. If this is true, yesterday's AP report … (10 comments)
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south carolina: South Carolina Property Tax Changes Could Stimulate Market - 04/25/08 07:12 AM
The South Carolina State House passed a bill unanimously on Wednesday of this week that may have a positive impact on real estate sales in Beaufort County and the state as a whole, provided the State Senate follows suit. Current state law requires an immediate increase of the assessed value of residential and commercial property when property is sold or extensively improved. The new value is based upon the new market price, which in the case of a transfer is the sales price.
The new bill delays the increase in assessed value to the date when each South Carolina County completes its … (0 comments)
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south carolina: Rose Hill Plantation in Bluffton, South Carolina Makes a Comeback - 04/22/08 04:23 AM
"We have just been advised by the golf club ownership that the club will be ceasing operations as of noon today. We will provide you with further information as it becomes available." With those words in January, 2006, golf at Rose Hill Plantation in Bluffton, South Carolina suddenly ceased.
A little more than a year later, a blogger summarized the subsequent deterioration, "Does anyone notice the weeds and tall grass growing all over the golf course at Rose Hill Plantation? Why continue to water the grass if nobody will take care of it? It is the most visible golf course in Bluffton … (2 comments)
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south carolina: Try a "House History" to Bring Life to Your Listings - 04/19/08 06:48 AM
Studies suggest that the decision to buy a home is often tied to an emotional reaction a prospective purchaser experiences in the first few minutes during a home visit. Perhaps there are ways that Realtors can enhance this experience with a house history. While it's helpful to tell a prospect how nice it will be to enjoy morning coffee from the bay window overlooking the lagoon in back, people always connect with stories, and helping buyers visualize the people who years earlier experienced the same view peaks interest.
Don't let the fact that the home you are selling was built in 2006 … (6 comments)
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south carolina: Bridging the Gap in Today's Real Estate Market - 04/16/08 08:47 AM
I've seen more and more blogs and comments over the past weeks that highlight a double-edged phenomena that might just be a natural phase of a declining real estate market with widely varying predictions of an upswing.
On the seller's side, we have the natural reluctance for owners to face reality and set the right price from the outset or lower the price when necessary. I hear the frequent appeal, "but my house is unique" in this or that respect. These appeals need to be addressed by Realtors. If the home is in fact unique, it is certainly our job to … (3 comments)
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Rick Hoel - Broker/Realtor, Bluffton, SC
Bluffton,
SC
More about me…
Hilton Head Lowcountry, LLC dba Keller Williams Referrals
Address: 2 Bourquine Way, Bluffton, SC, 29909
Office Phone: (843) 290-4398
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