Greetings from Hilton Head! The dogs days of summer are upon us here in the Lowcountry. Thankfully a summer thunder storm earlier this week seems to have broken the heat wave we've been experiencing recently. Unfortunately the storm caused some damage in Shipyard and around the Island. We noticed a large, Live Oak downed across the entrance to Bridgeport and additional damage was seen in the Park Plaza shopping center. With temperatures retreating from near the 100 degree mark in to the 80's, can Autumn be far away? It won't be long before we break out the orange and head to Death Valley in Clemson, SC for Tiger Football. Autumn, to many, is the best time of the year to visit Shipyard and Hilton Head Island. You'll find the Island, it's beaches, bike paths and golf courses less crowded, the weather milder and less humid. It just might be the ticket to recharging your batteries and reconnecting with those you love! If you need to find a rental go to our Owner Direct Rental page. You'll save time and money by contacting the owners direct!
What's New? We've seen some great new listings come onto the market as the Summer Rental Season comes to a close. Owners seeing the end to their income producing season have opted to place properties for sale. Click on www.ShipyardRealEstate.com and check out our inventory of values. We have 1, 2 3, and even 4 bedroom villas and homes available from the low $300's. You can also access the entire data base of MLS properties from our site, too. Shipyard continues to have Hilton Head Island's best ocean oriented property values!
Financial News Update: We've seen oil prices falling ($3.49 for gas locally) and debates from both sides of the aisle on a long lasting Energy Solution, the stock market and it's roller coaster swings up and down, not to mention I hear there is an election for President in just a few months, it can all be daunting and overwhelming at times! One key bit of recent legislation was the passage of the Housing Bill signed into law by President Bush. In addition to help shore up Freddie Mac and Fannie Mae and providing money for communities to provide affordable housing solutions and foreclosure relief for some, it will allow for up to a $7,500 credit for 1st time home buyers. This credit, coupled with a 1% Buy Down by one of our local mortgage affiliates, gives an incredible incentive to future homeowners to take advantage of some of the outstanding opportunities available. For more information about the program, give us a call. With interest rates for the newly expanded conforming 30 year mortgages in the low to mid 6% range and with a wonderful selection of available properties at reduced prices, it truly is a great time to buy!
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