3 brand new homes with marsh views in Jarvis Creek Club on Hilton Head Island

17 Jarvis Creek Court - The Riviera floor plan - $439 861
Full listing information - click here
3 bedroom 2 1/2 bathroom
Marsh and lagoon view
2+ car garage

This brand new elevated, marsh front home is full of luxury features, including coffered ceilings, a gourmet kitchen with gas range, luxury owner's bath with garden tub, 2-story covered porches, & spectacular views of the serene marsh. This high performance home is nestled in the quiet, gated Jarvis Creek Club community, which also features a community pool. Large closets along with the 4+ car garage provide ample storage space. This is one of our very last available homes in Jarvis Creek Club, so stop by today and fall in love with your new coastal living inspired home!

11 Jarvis Creek Court - The Riviera floor plan with bedroom downstairs - $410 000
Full listing information - click here
4 bedroom 3 1/2 bathroom
Master bedroom on the main level
Marsh and lagoon view
2+ car garage

Location, Value, Neighborhood! Quality national builder constructing comfortable and inviting high performance homes. Come choose your cabinets, flooring, granite and more. Large 2 story porches overlooking pristine Jarvis Creek tidal marsh in back. 5 minute car ride to the beach and easy access to south and north ends of HHI.

9 Jarvis Creek Court - The Palm floor plan - $349 900
Full listing information - click here
3 bedroom 2 1/2 bathroom
Marsh and lagoon view
2+ car garage

This brand new, elevated home is ready for you to move in! Main floor features a formal dining room, gourmet kitchen, gas range, beautiful granite & cabinetry, & a breakfast area. Dining room has access to front porch with lagoon view while the rear extended porch offers tranquil marsh views. Upstairs the spacious master includes a bathroom with double vanities, large enclosed shower, & walk-in closet. In addition, you'll have private access to your own large, covered porch with the marsh view! 2 other bedrooms, laundry room, & hall bath make up rest of 2nd floor.

Call today to schedule a showing
843-290-6513
Angelina Singleton
Keller Williams Realty
Hilton Head Island


Listing courtesy of Julia Lowe Keller Williams Realty

89% of U.S. Homes Ended 2014 With Equity

Eighty-nine percent of all U.S. properties with a mortgage — or about 44.5 million — had equity by the end of the fourth quarter of 2014, according to CoreLogic.

If home prices rise by 5 percent, an additional 1 million HOME OWNERS currently in negative equity could come back into the black.

The majority of properties with equity are concentrated at the high end of the housing MARKET, according to the report. Ninety-four percent of homes valued at more than $200,000 have equity compared with 84 percent of homes valued less than $200,000.

While more HOME OWNERS are regaining equity overall, the number with negative equity is still high.

"Negative equity continued to be a serious issue for the housing MARKET and the U.S. economy at the end of 2014, with 5.4 million home owners still underwater," says Anand Nallathambi, president and CEO of CoreLogic. "We expect the situation to improve over the course of 2015."

The states with the highest number of properties in negative equity in the fourth quarter were:

Nevada: 24.2%
Florida: 23.2%
Arizona: 18.7%
ILLINOIS: 16.2%
Rhode ISLAND: 15.8%
On the other hand, the following STATES had the most homes with (positive) equity:

Texas: 97.4%
Alaska: 97.2%
Montana: 97%
HAWAII: 96.3%

NORTH Dakota: 96.2%


Source: “CoreLogic Q4 2014 Equity Report,” CoreLogic (MARCH 17, 2015)

Hilton Head Island home with marsh view under $350 000

You didn't think it was possible?
New construction on Hilton Head Island, SC PRICED under $350 000!

Don't miss this great OPPORTUNITY to purchase a 3 bedroom 2 1/2 bathroom home in Jarvis Creek Club for only $349 900.

Location, Value, Neighborhood! Large 2 story porches overlooking pristine Jarvis Creek tidal marsh in back. 5 minute car ride to the beach and easy ACCESS to south and north ends of HHI.

9 Jarvis Creek Court - FULL LISTING INFORMATION - Click Here

ALL JARVIS CREEK CLUB HOMES FOR SALE - Click Here


Call Angelina Singleton to SCHEDULE a showing 843-290-6513
Keller Williams Realty Hilton Head Island

Listing courtesy of Julia Lowe Keller Williams Realty

Hilton Head Island Real Estate Market Overview, February 2015

There has been talk of abundant cold and snow this winter (unless you happen to
live in California!). When weather patterns turn bad, like wicked bad, real estate
industry pundits tend to go gloom, assuming that Americans hungry for
homeownership are bothered by a little frozen precipitation. The nation will unfreeze,
inventory is expected to rise and home sales are widely expected to increase. These
are good times, indeed, and many of us now have an enchanting shared experience
that we can walk uphill to school both ways.
New Listings were down 1.5 percent to 474. Pending Sales increased 9.5 percent to
323. Inventory shrank 5.6 percent to 2,300 units.
Prices moved higher as Median Sales Price was up 6.6 percent to $264,250. Days
on Market increased 8.2 percent to 119 days. Months Supply of Inventory was down
5.1 percent to 7.5 months, indicating that demand increased relative to supply.

In national financial news, rumors that Fannie Mae and Freddie Mac could one day
be a thing of the past have people wondering about the future of the 30-year fixedrate
mortgage. But let's not sound the alarm just yet. A drastic change to lending's
gold standard is certainly not on the immediate horizon. Meanwhile, Federal Reserve
Chair Janet Yellen seems to have no immediate interest in raising interest rates for
the first time since 2006. The economy remains stable, which should keep housing
rolling through the short-named months.

Angelina Singleton Keller Williams Realty

Hilton Head Island & Bluffton

843-290-6513

DOWNLOAD A FREE REAL ESTATE SEARCH APP FOR IPHONES AND ANDROIDS

Pending Home Sales Surge to 18-Month High

A rise in buyer demand pushed pending home sales upward in January to the highest level since August 2013, according to the National Association of REALTORS®’ Pending Home Sales Index, a forward-looking indicator based on contract signings. All regions across the country posted gains in January, except for the Midwest.

The Pending Home Sales Index rose 1.7 percent in January to a 104.2 reading – 8.4 percent above levels from a year ago.

"Contract activity is convincingly up compared to a year ago despite comparable inventory levels," says Lawrence Yun, NAR’s chief economist. "The difference this year is the positive factors supporting stronger sales, such as slightly IMPROVING CREDITconditions, more jobs, and slow price growth."

Yun also notes improving conditions for traditional buyers looking to enter the market. All-cash sales and sales to investors are falling, which has created less competition for the traditional buyer who has already been faced with a tight supply of homes for-sale.

"All indications point to modest sales gains as we head into the spring buying season," says Yun. "However, the pace will greatly depend on how much upward pressure the impact of low inventory will have on home prices. Appreciation anywhere near double-digits isn’t healthy or sustainable in the current economic environment."

A Regional Look

Here’s a closer look at the performance of pending home sales across the country in January, according to NAR’s index:

Northeast: the Pending Home Sales Index moved up slightly by 0.1 percent in January to an 84.9 reading. It is 6.9 percent above year ago levels.
Midwest: the index fell 0.7 percent to 99.3 in January; it is 4.2 percent above January 2014.
South: the index rose by the largest amount in the South, up 3.2 percent in January to a reading of 121.9 – the highest since April 2010; the index is 9.7 percent above where it was a year ago.
West: the index climbed 2.2 percent in January to 96.4 and is 11.4 percent above a year ago.

Source: National Association of REALTORS®

Nearly 80% of Housing Markets Are Stabilizing

Nearly 80% of Housing Markets Are Stabilizing

Thirty-eight of the 50 states, plus the District of Columbia, are now SHOWING an improving three-month trend in housing activity, according to Freddie Mac’s latest Multi-Indicator Market Index. What’s more, 40 of the 50 major metros Freddie Mac tracks are also showing a three-month improving trend.
Yet, Freddie Mac’s national MiMi value stands at 74.9, which still indicates a weak housing market overall. The all-time MiMi high was 121.7, recorded in April 2006; its lowest point was 57.2 in October 2010, when the housing market was at its weakest point. Since its low in 2010, the housing market has rebounded 31 percent.
Freddie Mac’s MiMi index monitors the stability of the nation's housing market by assessing each single-family housing market relative to its long-term stable range. It takes into account such data as home purchase applications, payment-to-income ratios, on-time MORTGAGE PAYMENTS, and the employment market.

Overall, "housing markets are getting back on track,” says Len Kiefer, Freddie Mac’s deputy chief economist. “The national MiMi improved for the fourth consecutive month. Nearly 80 percent of the state and metro housing markets MiMi tracks are improving or in their stable range of activity. … Low MORTGAGE RATES and moderating house price growth are helping to keep payment-to-income ratios favorable for the typical family in most of the country. In fact, Los Angeles is the only metro market with an elevated MiMi payment-to-income indicator whereas most other markets remain quite affordable. And of course, labor markets are generally improving.”

The most improving states on a year-over-year basis, according to the index, were:

Nevada
Colorado
Rhode Island
Illinois
Ohio
Meanwhile, the most improving metros year-over-year were:

Las Vegas
Denver
Chicago
Providence, R.I.
Columbus, Ohio

Source: “U.S. Housing Stability Improves for Fourth Consecutive Month,” Freddie Mac (Feb. 25, 2015)

124 Pine Forest Drive in Bluffton is sold in less then 10 days!

124 Pine Forest Drive is sold in less then 10 days. Thinking of selling your home? Call Angelina Singleton from Keller Williams Realty Bluffton today.
843-290-6513
124 Pine Forest drive full listing information Click Here