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Welcome to the Collins Group Realty December 2012 Market Update

January 31, 2013

Happy February!
I’m not sure how it happens, but time seems to be picking up speed…and now we already have the first month of 2013 behind us!!As we closed out 2012, it was a record year for Collins Group Realty, and a very positive year for the overall HHI marketplace as well. The majority of the most-important metrics in the real estate market ended up trending in encouraging directions last year, including a decline in inventory, an increase in closed sales, an increase in the average sales-price/list-price ratio, a decrease in average time on the market…and just a small drop in the average sales price for properties sold during the year.

2013 is off to a pretty good start so far…and there is a lot of enthusiasm for our market because:
• Real estate website traffic is up 30%
• Vacation rentals are doing great
• Long term rentals are doing great
• Mortgage money is still cheap
• Lenders are “loosening” their guidelines (somewhat)
• Hilton Head/Bluffton continues to shine as a destination marketplace

We are hoping for great things this year, and we look forward to helping you continue to explore your options for successful Results in the market! Thanks, as always, for your time…




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