What Buyer Activity Tells Us About the Housing Market


Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News:
“Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.”
That activity can be seen in the latest ShowingTime Showing Index, which is a measure of buyers actively touring available homes (see graph below):
The 62% jump in showings from December to January is one of the largest on record. There were also more showings in January than in any other month since last May. As you can see in the graph, it’s normal for showings to increase early in the year, but the jump this January was larger than usual, and a lot of that has to do with mortgage rates. Michael Lane, VP of Sales and Industry at ShowingTime+, explains:
“It’s typical to see a se; ...

What is the situation of the market right now in the Hilton Head area, and how will it impact my efforts to find a home?
Can you point me toward Hilton Head areas that suit my needs both financially and lifestyle-wise?
What are the prerequisites for buying a home and how can I get pre-approved for a mortgage?
How can I figure out what kind of house I can afford?
How can I get ready for the fees involved with purchasing a home?
Could you give me a list of Hilton Head area properties that fit my criteria?
What benefits and drawbacks come with purchasing a brand-new house as opposed to an older one?
Can you suggest any Hilton Head area contractors or home inspectors to help me evaluate the state of a property before I buy?

Are you thinking of flying into the Lowcountry to buy your next home? Let me share some airport information with you. Beaufort is located approximately 35 miles north of Hilton Head Island, South Carolina, 50 miles north of Savannah, Georgia, and 75 miles south of Charleston, South Carolina. Beaufort is also accessible via US 21 or US 278 and SC 270 off of the main north-south routes of US 17 and I-95. Are you looking for no traffic jams, no miles of walking from the parking lot to the terminal, no long queues at ticket counters? Fly into Hilton Head Airport. Located right on the island, Hilton Head Island Airport (HHH) offers flights with American Airlines, Delta Air Lines and United Airlines. You don't need a compass to find the gate. The airport has a beautiful full-service commercial terminal building in a prime location. It also offers a full-service general aviation facility. Charleston International Airport (CHS) operated by the Charleston County Aviation Authority under a share ...