The Cobb Group Blog - Hilton Head real estate

❤️Real Estate Crush of the Week | 93 Hampton Circle

We are swooning over this gorgeous home in Sun City Hilton Head and we know are you are going to fall in love too!

Let us tell you about our crush...

2 Bedrooms | 2 Bathrooms | 1,831 HSF 
Offered at: $575,000

Picture this: nestled at the end of a quaint cul-de-sac, with a storybook-like charm that could make anyone swoon, sits our real estate crush of the week! This enchanting abode is more than just a house; it's a fairytale come to life! As you step through the front door, you're greeted by an airy, sunlit living room adorned with cozy furnishings and adorned with whimsical decor that seems plucked straight from the pages of a home magazine. But that's just the beginning! Wander into the kitchen, and prepare to be amazed by its…

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Super Bowl Brings Spring Real Estate Market

The excitement of the Super Bowl extends beyond the football field. It also signals the kickoff of the vibrant spring real estate market for the Bluffton & Hilton Head Island Lowcountry. As the thrill of the game captures the nation's attention, the property sector experiences a notable upswing in both buying and selling activities especially in our area. 

Real Estate Transactions Increase in Spring

Recent insights from the National Association of Realtors (NAR) highlight the spring months as the pinnacle of real estate transactions. Remarkably, data reveals that approximately 40% of annual home sales unfold between March and June, a trend attributed to the favorable climatic conditions and a spike in buyer engagement. 

This seasonal surge is…

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How is today’s Lowcountry real estate market different than the 2008 market?

If you recall, the real estate crash of 2008 resulted in approximately a 30-35% reduction in housing value across all of the gated communities in the Lowcountry. There had been a “run up” of prices built on a panic buying of “flip” buyers owning many properties outside their financial capabilities. Banks were lending money like it was water, and when the world stopped in September 2008 banks and locals were caught with an enormous amount of useless debt and foreclosures were everywhere. The irresponsible buying and lending resulted in the collapse of a glass house of poor real estate decisions. Fortunately, most communities recovered their value over the years and recently escalation has been through the roof. What’s different this time as the real estate…

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Partnering With Your Realtor Just Makes Sense

Benefits of Partnering with your Realtor when Selling Your House

Getting ready to list your home for sale? Interviewing Realtors? It is very important to understand that a successful transaction happens when a partnership is formed between the Listing Agent and the Seller. Magic happens when both parties work together for a common goal. Respect is key and so is the understanding that both parties need to pull their weight through defined roles. The plan of attack needs to be agreed upon and understood by each side and then executed effectively for success. The Listing Agent brings market knowledge of pricing, sales experience, the art of negotiation, and public feedback. While the Seller should be open and willing to step up and do what is required…

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Do You Know the Yellow Banana Story?

If you understand how supply and demand drive real estate decisions then you would be amazed about how much “timing” makes a difference in winning or losing. For example, if a market is in a stall period, buyers and sellers can just sit back and watch without having to make any critical commitments. 

However, if you want to be a winner in the house-buying game, it is important to pay attention to the statistics on change, and right now the real estate business is heating up for the spring market. The Lowcountry is not in a stall period. If you see a home that you want, be smart and devise a strategy to win that desired house. Inventory is at a continued low, and prices are still strong in our area. Days on the market are much shorter than in years…

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More Americans Choose Real Estate as the Best Investment Than Ever Before

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.

The graph below shows the results of the survey since Gallup began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now:

If you’re thinking about purchasing a home, let this poll reassure you. Even when inflation is high like today, Americans recognize owning a home is a powerful financial decision.

How an Investment in Real Estate Can Benefit You During High Inflation 

Because inflation reached…

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2022 Real Estate Predictions

Thinking about purchasing a home in 2022? The newest market predictions are rolling in:

 The leading demographic in 2022 is going to be millennials since many are approaching the prime age to become home buyers.

 Housing prices may climb anywhere from 14% to 3% in the next 12 months.

 Mortgage rates are expected to change from 2.98% to anywhere between 2.5% and 7.9%

 Forecasts for 2022 are still a bit unknown because there are still a lot of unknowns, including possible supply chain issues and how material inventory will be affected

At the end of the day, this news is quite confusing because of so many unknown factors.

However, one thing remains clear: take all predictions you see with a grain of salt because these past couple of years have been anomalies.

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If You Think the Housing Market Will Slow This Winter, Think Again

From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for this time of year.

As we wrap up the fall season and move into the winter months, here’s a look at what several industry leaders have to say about the continued momentum in the current market, and what it means as we head into the early part of next year.

Lawrence Yun, Chief Economist, National Association of Realtors (NAR)

“This solid buying is a testament to demand still being relatively high, as it is occurring during a time when inventory is still markedly low. The notable…

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288 Days of Sunshine!

What is Going on with Real Estate in the Lowcountry

Here we are in the middle of January with some very chilly weather headed from our northern friends, including the (11) states that continuously support our second home buyers in the Lowcountry. Keep in mind that approximately 45% of our buyers come from Ohio and Pennsylvania, which both have an improving primary real estate market. 

We are hoping that the bad weather and a very optimistic economic forecast will allow those northerners, now capable of selling other properties, to join us this year as we are expecting a large contingent of “sno-birds.” A “sno-bird” is a family looking to buy a second home or a primary residence in the south. We think we have tremendous value…

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