St Simons Island Georgia Real Estate Market Gears Up for Spring Sales Boom

Released on: February 23, 2008, 7:44 pm

Press Release Author: Heidi Bragg

Industry: Real Estate

Press Release Summary: With the interest rates cuts, St. Simons Island real estate
market is expected to rise.

Press Release Body: St. Simons Island, Georgia - February 20, 2008 -St. Simons
Island real estate experts recently announced that they are predicting an increase
in home sales for the St. Simons Island and Sea Island Georgia real estate markets
during the upcoming spring months. Encouraged by the recent interest rate cuts,
many St. Simons Island realtors are reporting that buyers are showing more interest
in purchasing homes in the area in the coming months.

"While the market is slower at the moment then it has been in years past, the
springtime is usually one of the busiest times for the St. Simons Island real estate
market to begin with," says longtime coastal Georgia realtor Dana Gardner. "But
this year, we are expecting to close more sales then previously expected. This is
due, in large part, to the recent cut in interest rates as well as the overall drop
in the price of real estate in the area."

Since warm weather often draws in buyers to the pristine ocean side communities of
Sea Island and St. Simons Island, the addition of lower interest rates and lower
home prices are expected to bring even more buyers to the market this year. And
that's great news for costal Georgia real estate, says many St. Simons Island

"Real estate is a tough industry in most parts of the country right now," says
Gardner. "While the Georgia real estate market as a whole is still fairing better
then many other markets, we are still seeing a downward trend in home sales. The
new interest rate cuts, however, are prompting more buyers to enter the market and
that could give a much needed boost to the real estate industry and to the St.
Simons Island and Sea Island real estate markets."

While the spring sales season historically begins to ramp up in early March, buyers
are already taking notice, and February has brought more inquiries then usual. If
the pace continues, St. Simons Island real estate could see one of its best quarters
for home sales in the past year.

Web Site:

Contact Details: Dana Gardner
Signature Properties Group
1700 Frederica Rd. #202
Saint Simons Island, GA 31522
Cell: (912)996-4506
Fax: (912)634-9970

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...