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Welcome to the Collins Group Realty January 2014 Market Update

February 4, 2014
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Hello and I hope you are making your way through this winter season in good spirits.  We in the Lowcountry have had our share of cold, wet weather too and while it may not be what our friends who live in more northerly states are dealing with, when we get snow on our island, it’s always an event!

Looking forward, 2014 should be another VERY solid year of growth and recovery in the Hilton Head/Bluffton real estate market.

Since bottoming out in 2008, the number of Home sales in our overall marketplace area has risen steadily over the past 5 years.  Villas sales have nearly doubled since 2008, though the trend line shows more volatility than in Home sales.  As the national market has heated up, we have seen more and more buyers being able to sell their properties elsewhere and invest therefore in the HHI marketplace.  Previously, “anchored” this large pool of buyers now finds themselves ready, willing AND able…and the strong performance of the stock market in 2013 has further fueled buyers to get off the fence and get involved in our market!

Please read our full and comprehensive Year In Review Market Report by clicking on this link: http://www.joomag.com/magazine/2013-year-end-state-of-the-real-estate-market/0534610001391444592?preview.

All our best-
Chip

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