Lock and Load! The Bidding Wars are BACK!

Remember the good old days at DeBordieu, when sellers would find themselves faced with multiple offers from different buyers? Well, today the Wall Street Journal confirmed what we are starting to see again at this private, gated, ocean front, golf community just north of Charleston, SC.
When a DeBordieu property hits the market at the right price, or reduces to the right price, savvy buyers who recognize a good value when they see one are moving forward. Sometimes at the same time!
CLICK HERE to read the WSJ article.
According to Hampton Peace, Broker in Charge at DeBordieu Colony Real Estate, " I think this article is very encouraging and is a harbinger of increased activity in our market soon." He went on to say, "a rising tide will certainly lift all boats. DeBordieu Colony and the DeBordieu Club are both strong financially and our community is blessed with the most unique combination of low population density, private club amenities, and natural resources that I know of on the coast of the Carolinas, maybe even the entire east coast."

I agree. I can't remember ever being as busy as I am right now. Buyers are back! So sellers, lock and load! And let the bidding wars begin!!!
There has never been a better time to consider a purchase at DeBordieu.
For more information, call 843-455-4523, or contact TroiKaz@DeBordieu.com.

"...buyers should jump! ~ WSJ

As stated by KCM Crew this morning: "Bottom Line, when the iconic financial newspaper (WSJ) and the iconic financial magazine (Forbes) say that it now makes financial sense to purchase a house, perhaps it's time to buy a home." ~ KCM

To read the article, CLICK HERE.

Some of the highlights include:

“Now could be the best time in history to buy a home.” ~ MarketWatch.com (the on-line blog for WSJ

It's an excellent time to buy a house, either to live in for the long term or for investment income…Hou

ses aren’t the magic wealth creators they were made out to be during the bubble. But when prices are low, loans are cheap and plump investment yields are scarce, buyers should jump.” ~ WSJ

“The previous declines in house prices and the more recent drop in mortgage rates to record lows have created an unusual situation in which the median monthly mortgage payment is more or less the same as the median rental payment.” ~ Capital Ecomomics (Forbes)

I've had the good fortune of working with some very savvy buyers in the past 6 months, and they all agree. Whether you're looking for a permanent residence or second home, when you

consider the inventory, the interest rates, and the seller motivation, there has never been a better time.

DeBordieu Colony is an oceanfront community located just south of Pawleys Island, South Carolina featuring private golf and tennis, saltwater creek access to the

ocean, a manned security gate, and luxury homes and villas surrounded by thousands of acres of wildlife and nature preserves.

For more information contact TroiKaz@DeBordieu.com

WSJ-Now is a Great Time to Buy a Second Home
I ran across this great article today in the Wall Street Journal about Second Homes, and why now is a great time to buy! The link to the entire article is at the bottom of the page. Here are a few of the more interesting quotes:

"The clouds hanging over upscale vacation-home markets are starting to lift."

"While prices are still falling in most regions, the luxury segment is picking up, and brokers are reporting more inquiries than they have had in years."

"Five years after housing's peak, markets that once were out of sight even for well-heeled buyers are now in range."
According to Douglas Duncan, chief economist at Fannie Mae,"At the top of the market, particularly luxury homes, prices have proven very elastic, and have sprung upward quickly," he says.

"People have frugality fatigue," says John Burns, president of John Burns Real Estate Consulting Inc. in Irvine, Calif.

My favorites were these from the recent buyers of Luxury Second Homes:
"The return on a quality-of-life aspect far exceeds any money I might have saved if I waited for prices to fall further."

"At some point, you see such low interest rates and good prices and you don't want to wait anymore."

"My gut feeling is that we didn't buy at the bottom, we bought one step from the bottom, and for us it was just a great time to buy a place we love."

"I got the sense that prices were nearing the bottom....If we wanted a good deal on a fabulous home, we had to act quickly."

The pictures on this page link to information and more pictures of some of my favorite second homes currently on the market at DeBordieu. For more information, contact mailto:TroiKaz@DeBordieu.com
call 843-455-4523,
or visit the website at www.DeBordieu.com.
CLICK HERE to read the entire WSJ article by Jessica Silver-Greenburg.

DeBordieu Colony is an oceanfront community located just south of Pawleys Island, South Carolina that features private golf and tennis, saltwater creek access to the ocean, a manned security gate, and luxury homes and villas surrounded by thousands of acres of wildlife and nature preserves.


There has never been a better time to consider a purchase at DeBordieu!