I am often asked "When do you think we will come out of this housing slump?" or "Are we at the bottom yet?" As of last year at this time I would have said 'no' to both questions. However, 2010 is another story. Especially for real estate here on Hilton Head Island and the surrounding communities of Bluffton.
Why do I say this?
Reason #1 - Warren Buffett, The Oracle of Omaha, has predicted the real estate market will bounce back in 2011.
Reason #2 - Hilton Head Island real estate has traditionally come out of recessions, downturns in the real estate market, etc. approximately a year before the rest of the country.
If the rest of the country is going to see the real estate market bounce back next year and Hilton Head Island/Bluffton real estate traditionally bounces back before the remainder of the country don't you think that now is the time to buy Hilton Head Island/Bluffton real estate?
The answer is unequovically 'yes'. There could not be a better time to buy real estate on Hilton Head Island and Bluffton!!! Prices are at 10 year lows, interest rates are near rock bottom and there is only one way both prices and interest rates are going and that is up. Take advantage of this once in a decade opportunity and stop sitting around waiting for someone else to tell you what to do.
If you have always wanted to live on a tropical island with world class amenities, get ahead of the curve by purchasing your dream home, retirement home or investment property today.
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