Current Real Estate Interest Rates

"Just another day in paradise" is a common phrase said here on beautiful Hilton Head Island. Why? Because that is how people that own real estate on Hilton Head Island view their community. What else would you call an area that has 300 days of sunshine a year while enjoying a tropical climate with world class golf & tennis, dining & shopping and surrounded by the Atlantic Ocean?

Why wait? Why keep putting your life on hold and wondering what the market is going to do next? With interest rates extremely low (see rate sheet below) and various properties to choose from there couldn't be a better time to purchase real estate on beautiful Hilton Head Island. Not only does Hilton Head Island real estate offer a sound investment to your portfolio it also offers years and years of memories for you and your family. You will fill up many photo albums with pictures of your family while spending time on Hilton Head Island, and you and your family will have memories to last a lifetime.

Current interest rates as of 4/28/10

Conforming loan amount: $417,000 and below

30 Yr Fixed- 4.875

15 Yr Fixed - 4.375

5 Yr ARM - 3.750

5 Yr Int Only - 3.875

VA Fixed - 5.000

Prime - 3.250

Jumbo Loans: $417,001 and above

30 Yr Fixed - 5.750

5 Yr ARM - 4.125

7 Yr ARM - 4.500

If you have any questions on real estate on, or around, Hilton Head Island, or would like a no-obligation consultation on property values in your area, feel free to contact me anytime at 800.845.9506. I look forward to sharing my experience and knowledge of the market to help save you valuable time and money.

Hilton Head Island Real Estate Update

Great News!!! The National Association of Realtors (NAR) reported that sales of vacation homes has risen 7.9% in 2010, half of which were in the South. The report said "the typical vacation home buyer is making a lifestyle choice , with 9 out of 10 saying they intend to use the property for vacations or as a family retreat." This just goes to show you should not wait by putting family enjoyment on hold.

Hilton Head Island real estate offers exceptional value at this time. Recessions are a natural part of our economy that has experienced unsustained growth. Bill Gates, of Microsoft fame, says "Where there is confusion in the market place, there is opportunity." Today's real estate market on Hilton Head Island offers exceptional opportunities.

It is easy for investors and families to become educated in the value and benefits of owning real estate on Hilton Head Island. It is easy to understand how their investment is two fold; first by offering family enjoyment and second, by serving as a great addition to their investment portfolio.

Even though we are in the midst of a recession we have a narrowly defined niche in the marketplace due to limited inventory, which gives us a competitive advantage in the high-end resort market. Not to mention Hilton Head Island real estate is an award winning, world-class, oceanfront destination resort community with an international reputation.

If you are looking to take advantage of low interest rates and decade low pricing now is the time to take advantage of the marketplace. Stop putting your families enjoyment on hold and make the move into Hilton Head Island real estate today.

Verizon Heritage Golf Tournament Schedule

It is Spring on Hilton Head Island and that can only mean one thing, The Verizon Heritage Golf Tournament!!! The following is a schedule of the weeks events:

Monday, April 12

• Pro Practice Rounds
• Opening Ceremonies - 18th Green 12:00 pm
• Harbour Town Cup Pro-Am 12:00 pm - 6:00 pm
• Starting on the 1st & 10th holes

Tuesday, April 13

The PGA TOUR Professionals are invited to play at their discretion. No advance starting times are available. A pairings board is located by the 1st tee and is continually updated as players begin their rounds.

• Coca-Cola Youth Day-All Day
• Putting Contest - Putting Green 3:00 pm - 5:00 pm

Wednesday, April 14

• Verizon Heritage Pro-Am
• Starting on both 1st & 10th holes

Thursday, April 15 & Friday, April 16

• First & Second Rounds
• Starting on both 1st & 10th holes
• Morning Starting Times 7:30 am - 9:00 am*
• Afternoon Starting Times 12:00 pm - 1:30 pm*

Saturday, April 17

• Third Round
• All players start on 1st hole
• Starting Times 8:30 am - 1:30 pm*
• Tartan Day - Judging in the tent by the Clubhouse 12:00 pm - 2:00 pm

Sunday, April 18

• Church Service - 18th Green
• Final Round
• All players start on the 1st hole
• Starting Times 8:30 am - 1:30 pm*
• Trophy Presentation - 18th Green 7:30 pm

*Times are approximate. All times are subject to change.