Dunes Marketing Group
Dear Palmetto Hall Property Owners, Friends and Clients~
Happy half year!  We now have passed the 1/2 way market for 2010!
Linked below, we have included a Palmetto Hall Market update for the first half of the year and have listed our expectations for the second half below.
What we saw in the first half:
  • Number of homes sold was approximately 25% less than normal.
  • Home prices corrected in the wake of the economy and higher inventories.  
  • Only homesites with compelling prices sold in the first half of the year.

What we expect in the second half: 
  • We expect to see an increase in the number of homes sold in the 2nd half. 
  • We expect home values to find bottom in the 3rd quarter
  • We expect home site prices to firm up from foreclosure pricing

Evaporating opportunities ahead:
  • Historic low interest rates    
  • Short sale and foreclosure properties
If  we can ever be of assistance, please do not hesitate to call direct at 800-932-3652 or via email at robbie@robbiebunting.com.  Thank you.
Robbie Bunting & Jane Hyers
P.S.  Please Click here for a Market Trend Report for the total Island.  This report is a snapshot of the real estate market.
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