Cora Bett Thomas Realty & Associates says the stars are aligned for buyers in Savannah, Bluffton, Hilton Head Island and Beaufort.
The last quarter of '07 saw a market slowdown for this area, but now in the first quarter of '08 the market is starting to heat up.
Cora Bett Thomas Realty reported an inordinate amount of condo and loft sales, double the amount closed this January compared to 2007.
There are fewer Spur of the moment buyers, the team says, but they have only delayed the signing as appointments for second and third showings.
So what's the appeal of the Georgia and South Carolina coast?
The coastal climate and laid back lifestyle draws many newcomers, says Cora Bett Thomas Realty, including many buyers from large cities like New York and Chicago, and even as far away as California.
The good news for these buyers is that interest rates are low, selection is good and pricing is market friendly.
And smart buyers are reacting and buying NOW, and creating their own ways of adapting to the market by renting, giving the home to a child, or even donating their home to charity.
For more information on this market, contact Cora Bett Thomas Realty today at:
www.CoraBettThomas.com.
Published: May 28, 2008
Use of this article without permission is a violation of federal copyright laws.