Trying to figure out where the housing market is headed in 2012 offers a strong sense of where it was last year at this time. Of course there is factual data which shows certain price points are moving more than others while others are flat. Unfortunately, this can contribute to bias in the headlines at the national level.
The market feels just as it did at the beginning of 2011, when many at the national level predicted that housing would finally hit bottom. The housing market didn't deteriorate in 2011, but it didn't firm up either amid an economic recovery that struggled to find its footing. Again, how many times do you hear people ask whether the market has reached the bottom?
Well, no one really knows where the bottom is, it is price point and location specific and as I have said before all market conditions are local. One thing for sure, when you see a more stable trend in the MLS data for a given price point of the market it can be a turning point and better conditions are on the way.
So what does 2012 hold? Well, despite what the headlines might read, inventories of homes have dropped for the last four years on Hilton Head Island. Buyers are taking action and purchasing the better properties. So, for one thing the story is definitely local.
While many housing markets rose together during the boom and fell together during the bust, they're exiting the downturn at different speeds, and so it's not very useful to talk about a "national" housing market. Confidence is flowing into the Hilton Head Real Estate market because of our local trends and the best properties are selling now.
To find out specific market conditions in the Hilton Head area or your neighborhood, please visit my website and sign on to receive daily updates to your email.
Stay in tune with what's going on locally by contacting Jacque Johnson at Charter 1 Realty and Marketing.
No matter what the national or local economy is doing, the Hilton Head Island area is a fantastic place to live or vacation.
WE ARE SELLING LIFESTYLE, NATURAL BEAUTY AND GREAT WEATHER!!
ZIP Codes: 29928, 29926 Location Characteristics: Hilton Head Island is a wonderful place to visit...and is truly an amazing place to live. Located along the south Atlantic coast off South Carolina, Hilton Head Island is a boot shaped barrier island approximately 12 miles long and 5 miles wide. Hilton Head is one of the most popular resort communities in the United States. Most people come to Hilton Head Island to take advantage of the wonderful weather and beautiful natural environment. The island has miles of pristine beaches, beautiful marshland for kayaking, and over 100 miles of bike paths that are surrounded by Live Oaks draped in Spanish Moss. With over 20 golf courses and over 300 tennis courts, it's no wonder Hilton Head Island is also known as a great golf and tennis destination.
But the best of this island does not stop there. Hilton Head Island offers the finest ports of call on the southeastern coast in combination with its many resort luxuries. For more than three decades the Hilton Head Island community has been a celebrated landmark for yachtsmen who cruise the Intracoastal Waterway. Along the 244 miles from Charleston, South Carolina to Florida's state line, the ICW abandons the common canals and dredged cuts to wind its way across wide river mouths, through spectacular sounds, and behind and across coastal inlets. All are quite navigable and offer magnificent views of the Hilton Head and Lowcountry environment. Charleston is a half-day cruise away making for a long weekend excursion. Whereas ports in Georgia make for a fun week of cruising, you can also plan longer boating trips to the Florida Keys and beyond. These waterways are rich in natural beauty and wildlife. You will see porpoises playing alongside, in the bow wave or even behind shrimp boats during seasonal harvesting.
If you're looking for pleasant layovers, historic places to visit, fine dining and beautiful wildlife environments, cruising the ICW with Hilton Head Island as your home port is the experience of a lifetime.
About Jacque Johnson, Broker, Realtor:
Enthusiasm, energy and a love for Hilton Head Island its people and lifestyle are evident in every area of Jacque Johnson's life. Having moved to Hilton Head in 1992, Jacque and her family enjoy all the marvelous activities which abound on Hilton Head Island from golfing to tennis and most of all boating and running. Jacque's real estate career is no different as she works to constantly serve her clients by devoting time and energy to staying aware of current trends in the market and providing her clients with the most up-to-date information. Her many clients will attest to her high level of service and expert knowledge of the market. Jacque's awards and achievements include ongoing education in real estate along with receiving Distinguished Sales Awards and Realtor Service Awards. With her busy schedule, Jacque has not forgotten the importance of giving back to the community she loves so much. She is involved in many community activities each year and dedicates time and energy to a number of different efforts. She co-founded the Community Thanksgiving Dinner and serves on the Board of the Boys & Girls Club of Hilton Head. Living on Hilton Head Island, enjoying the lifestyle, staying close to the community and working with many satisfied clients, Jacque is truly At Home By The Water. She is anxious to share this enthusiasm and invites you to call her for all of your real estate needs. Referrals are the heart of her business.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
