Thanksgiving at the Beach
As we do every year, we spent a long weekend over Thanksgiving at the beach in Hilton Head Island and it is great to get away and just as great to be back home in Charleston. I hope everyone had a wonderful holiday with family and/or friends. After the rain cleared on Wednesday night, it was sunny with highs in the high 60's and low 70's Thanksgiving through Sunday. Why would anyone live anywhere else but the South Carolina Lowcountry.
We had some friends down and took walks on the beach, did the tourist thing and ate especially well, pizza Wednesday night from Giusseppi's, lunch twice at Reilley's, by the way, it is the absolutely best Irish bar and grill anywhere, and enjoyed lots of turkey leftovers from our 20 lb. bird - the diet starts soon!
I always enjoy looking at real estate when we're there, checking the prices, looking at the ads for creative inspiration, etc. The market is a bit soft like everywhere, of course a discretionary market will have bigger peaks and valleys but HHI is special and it will bounce again, I only wish we bought a little something the last time it dipped in 2001. We stay at my father - in - laws' condo, 4th row to the beach in Palmetto Dunes and rarely does a property come available so I was stunned to see 2 on the market, one very comparable 2br, 2ba for $659,000 and a 3br end unit with a little dock on the lagoon for $900,000+. The shock is that we affectionately refer to his place as the "hovel", it could use a bit of updating, as an example, the latest thing he did was put some new drapes in the living room but he owns it free and clear and we get to stay for free so the price is right so it's a little unfair for me to be making fun.
I liked a couple of phrases from the ads, "price improved" is so much more clever than "reduced" and "market driven, priced to sell" does sound like the property is very well priced.