Why Buy Now...in Palmetto Dunes and Hilton Head Island!

The Perfect Time… The Perfect Community!

This is the first in a series of real estate symposiums that I have moderated and created benefiting the real estate industry on Why Now is the perfect time to buy.

Our values in Palmetto Dunes have held up well in spite of a slow down in both the local and national real estate markets. My experience as a specialist in Palmetto Dunes since 1976, is that historically, our area is the last to be affected by a slow down in the market, and the first to rebound.

Great News!... This market has presented buyers with exceptional opportunities with a great selection of properties and super values to choose from. Wtih the recent announcement from the Federal Reserve Board and their cut in the prime lending rates to banks, interest rates are not only attractive, but may be decreasing in the months to come, which will increase buying power.

If you are interested in getting involved, and making a solid real estate investment, you have chosen the perfect time and the perfect community! Listed below are reasons why I believe that… Now is the Perfect Time to Buy in Palmetto Dunes, Shelter Cove and Leamington:

Palmetto Dunes, Shelter Cove and Leamington:

• Family enjoyment and usage…priceless
• Invest in your family’s lifestyle and future… today
• Enjoy the community and the “quality of life” while your investment works for you
• Escape to tranquillity on your Island paradise and leave your stress behind
• Spectacular weather: Subtropical climate, four seasons and mild winters

Solid Real Estate Investment…

• The community offers an outstanding niche in the world-class oceanfront resort market because of superior land planning and design, overabundance of resort amenities – all on a subtropical island surrounded by the Atlantic Ocean.
• Capital appreciation over the past 30 years has been outstanding and should continue for years to come.
• The Sun Belt is in the path of growth and will draw affluent younger retirees. South Carolina is projected to see its population increase by 20-30 percent in the next 25 years.
• Accessibility – Hilton Head Island is within a 15 hour drive-to-radius for 105,000,000 (million) people and is attractive to international visitors.
• Over 2,000,000 (million) people a year visit Hilton Head Island, and many of them fall in love with our community, our lifestyle and decide to become property owners.
• WW II and baby boomer generations – the wealthiest in our country’s history, will bequeath an astronomical $41,000,000,000,000 (trillion) over the first half of this century to children, friends and charity…many of whom will buy resort real estate.
• 77,000.000 ( million) baby boomers are reaching retirement age, are living longer, are more mobile and are looking for the “good life.”
• Hilton Head Island is a controlled real estate market because of density restrictions of the Land Management Ordinance (LMO) and is virtually built out of developer inventory. Future inventory can only be generated from existing owners deciding to sell causing upward pressure on prices as demand will always outstrip supply.
• If you compare oceanfront/ocean-oriented prices to other high-end resort communities on the East Coast, Hilton Head Island is moderately priced and represents exceptional value.
• Many experts consider Hilton Head Island the finest land-planned oceanfront resort in the country.
• Outstanding financing: Lenders offer low down payments with attractive interest rates giving buyers more buying power.
• Where applicable, outstanding tax write-offs help decrease real costs.
• Condominiums and homes can be income-producing to help decrease costs.
• Owning real estate establishes a forced savings program.
• The fundamentals that make our community unique in the resort industry have not changed. Why wait until the market rebounds and pay more?
• Hilton Head Island represents a wonderful opportunity for families to have quality time and relaxing moments together and yet have an outstanding real estate investment that will enhance their investment portfolio.
• Hilton Head Island real estate has become the most valued investment for many families, excluding their primary residence.

Price Comparisons to Other High-End Communities… Virginia to Florida

Palmetto Dunes and Hilton Head Island represent exceptional value compared to other ocean and waterfront communities. We are considered by many to be the finest land-planned oceanfront community in the country.

• Stocks are at historic highs…it is a smart time to sell and reinvest in Palmetto Dunes real estate.
• Historically, Palmetto Dunes real estate has exceeded the stock market in capital appreciation and offers the following:
• Palmetto Dunes prices are less volatile- less risky. Real estate does not fluctuate as dramatically as stocks.
• Real estate offers tax benefits
• Rental revenue, if desired can help decrease costs for owners
• Real estate is a leveraged investment – entire price of the stock must be paid at purchase but property can be leveraged for 20% or less down payment.
• Palmetto Dunes ownership is tangible, it allows families to live in or use their home or condominium as a second home and enjoy it —something you cannot do with stocks.

Video from the Symposium