Hilton Head Real Estate Blog

Sales are ramping up on Hilton Head Island this week with the first $1M+ homes going under contract for 2015.

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In working with another client, I have stumbled upon two villa properties that offer EXCEPTIONAL income production, some discount from current market (more with the third floor unit than the fourth floor unit), and significant discount from historic high exhibited by the pricing on both.  If you have even a remote interest in this kind of property, they are worth a close look.

This is the view from the balcony of the third floor unit over Coligny Beach and read-down further to see financial data:

The Flood Insurance reform that consumers demanded will address the unintended consequences from last year's FEMA flood insurance overhaul.

Due to recent disasters which cost everyone billions, NFIP (National Flood Insurance Program of FEMA) had to revamp the program and bring it in line with actual risks; resulting in the 2012 Biggert-Waters Law. FEMA also updated the flood zone designations and flood maps causing hundreds of thousands to be cancelled and renewed at, in some cases, unreasonably high premiums and influencing real estate everywhere.