St Simons Island Real Estate

Posts filed under St Simons Island Real Estate



LOTS OF LOTS!

Mon, Jul 24th 2017 12:50 pm by Allison VanderVeer St Simons Island Real Estate
BROKER'S CORNER: JULY 22
 
All of Coastal Georgia is experiencing tremendous building activity and nowhere is that more noticeable than on St. Simons Island. We’re seeing every scrap of buildable property in the south end of the island covered up with new bricks and sticks.
 
At mid-island – typically above Sea Island Road and below the Lawrence / Frederica Roads roundabout – residential building activity is unprecedented. If you read ‘The Brunswick News’ regularly you know the issues with inadequate water & sewer supply and understaffed planning and zoning people. It sometimes seems we’re chasing our tail as pent up demand from 6 years of the local recession still ...


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Broker's Corner

Wed, Jul 19th 2017 12:27 pm by Allison VanderVeer St Simons Island Real Estate

BROKER'S CORNER FROM JULY 1:

In our business, these are heady times; rentals are strong and sales prices are moving up. If you want a south end cottage it'll cost you upwards of $400,000. If you want 'walk to the beach' or closer, you'll begin to find cottages at the $550,000 and (quickly) up range. True walking distance to the beaches begins at $700,000.

We're not overheated; it's a shortage of inventory issue in both single family and condos. If pricing drives your interest, then a condominium purchase may be more attractive, for your first property here; prices start at about half of single family. I want to share some interesting information gleaned from our multiple listing...



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SSI Update from Roland Daniel: March 2017

Mon, Mar 13th 2017 12:13 pm by Allison VanderVeer St Simons Island Real Estate

LONG OVERDUE SSI UPDATE FOR 2017. It's been a while since I posted the 'STATE OF REAL ESTATE' here on Saint Simons Island AND Coastal Georgia. So, here goes, from Roland's point of view.

2016 was a very strong year of recovery for real estate here in the Golden Isles. Indeed, our recovery began 2013 after the nightmarish 6 years of local downturn that began in early 2007. Actually, we couldn't see it, but things died in the fourth quarter of '06.

Then business began to return and we noticed LESS FORCLOSURES and LESS NEW LISTINGS and MORE INVENTORY TURNOVER. The upturn in business began in earnest, and without hiccups, in 2014. Slowly at first but now quick-paced, the market is heating u...



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