Feb
08

Lowcountry Real Estate Market Shows Signs of Recovery

By
– The Island Packet

The real estate business chugged toward recovery last year in both the Hilton Head Island and Beaufort areas, according to statistics and Realtors.

Home, condo and villa sales increased 16.1 percent to 2,486 in the Hilton Head area and by 21.7 percent to 963 in the Beaufort area compared to 2009, the South Carolina Realtors recently reported.

Those are the best marks of any of the 15 markets tracked by the state association.

Only seven markets recorded more sales in 2010 than 2009. Overall, state sales were up 0.2 percent.

The increasing local sales volume has area Realtors encouraged the recession’s effects are receding from South Carolina’s coast.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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