The National Association of Realtors (NAR) in their last Existing Home Sales Report revealed that sales of homes over $1 million dollars in the country increased 44.1% over the same period last year. One of the reasons for this increase is that financing in the jumbo mortgage market is becoming more readily available.

The topic of hurricanes is a familiar one for us in Lowcountry real estate. For one reason or another, we’re frequently asked about risk associated with hurricanes in the area. Most prospective home owners are surprised to learn that we haven’t had a close scuffle with a hurricane in well over 30 years.

In their annual “Reader’s Choice” awards, the Lowcountry was bestowed some rather high praise in 2012…

Hilton Head Island real estate is unquestionably experiencing a rebound. After 5 years of sliding values, we’re seeing inventories drop and the market shore up in many communities. It’s interesting, however, to note the changes from the height of the market to today…

London’s smallest apartment is 10 ft by 8 ft… in total. And it’s under contract for over $280,000! What, if anything, does that mean for Lowcountry real estate?

The South Carolina Lowcountry has long been known for its gorgeous beaches and spectacular golf. But the Lowcountry also has a rich tradition of the Sporting Life that often goes unnoticed.

Each month we will be providing a national & regional real estate market update. While values of homes and villas are down approximately 40% from the peak according to MLS, buyers are back and the total unit sales YTD is at the highest number in 7 years!