What's Wrong with Margaritaville?! Complete history leading to the current real estate market in HH

The real estate market in Latitude Margaritaville Hilton Head has transformed in recent months. This video covers the complete history of the community, where it started, and how the current real estate market evolved into what it is today. We start with the inception of the Latitude Margaritaville housing community in Daytona Beach, to the building of of the Hilton Head Location (with historical photos and video), and go through the MLS to tell the story of house the real estate market has evolved. The focus of the video is on resale homes, home that were bought new and then sold.
The community is located in the heart of South Carolina's Lowcountry, just a short ride to Hilton Head Island and Savannah, GA. The community includes a pool, movie theater, pickleball courts, boat access, and so much more. Don't forget about the concert venue and community restaurant!
Our team can provide buyer and seller representation for anyone interested in buying in the community (new or resale) or selling a home they already own.
00:00 - Intro & History
01:01 - The Community Before Margaritaville
01:45 - Construction Begins, Supply & Demand
04:11 - The Birth of the Resale Market
05:49 - Mortgage Rates Take Control (with MLS Data)
07:27 - Zoom into 2023 (with MLS Data)
08:55 - Community Outlook
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Beaufort & Jasper County are in the southern part of South Carolina, in the heart of the Lowcountry. It has access to beaches, shopping, biking, boating, and tons of other recreational activities. Get a hold of our real estate team today to schedule a community or housing tour!
The Reserve Team of The Homesfinder Realty Group is a family real estate team serving Bluffton, Hilton Head Island, Hardeeville, and Ridgeland South Carolina. These popular retirement destination include great housing communities such as: Latitude Margaritaville Hilton Head, Sun City Hilton Head, Cypress Ridge, Hampton Lake, Riverton Pointe, Palmetto Bluff, Oldfield, and more. Our team has years of experience working in these popular housing communities and offer community tours for folks relocating from other states. Moving from a northern state such as New York, New Jersey, or Ohio? Reach out today to discuss how we can help YOU make the Lowcountry home.
If you already signed an agency agreement with another agent, please reach out to them to set up your buyer tour. If your property is currently listed for sale with another agent, please defer to them for any advise.

[@robertpugh4321]

I can't speak for the Hilton Head, but I've lived in Latitude Margaritaville Watersound since July, 2022, and have three items that are neither intended to be positive or negative. 1) do your research and talk to current residents - HOA restrictions, construction quality, local resources, and resident behavior are a few of many topics you should explore. 2) the lifestyle is robust and there's a party element that must have missed out on a social life in their younger years, so they're making up for lost time. 3) Jimmy Buffett was a great entertainer, songwriter, and promoter of the island/beach lifestyle, but I'd like to more variety in the music...hearing Margaritaville 8-10 times day is making me go bonkers.

[@thereserveteamsc]

Thank you for sharing your first hand experience! There is nothing better!

[@landeeld9596]

Howdy neighbor, we closed Aug '22 and will be heading back there from our summer home soon!

[@theartistcherrypi6454]

How about the workers having to walk out at night and seeing residents fucking in cars and miles of puke PLUS being hit on by both men and women and being accosted by DRUNKS????

[@glammac9175]

We are on the list to buy and are having no luck finding the pros and cons. Thank you for posting.

[@alanh1366]

Enjoyed the way you laid this all out. Thx

[@thereserveteamsc]

Thank you for watching!

[@marg6196]

Really well done. Great recap and a great reminder real estate always changes. T

[@thereserveteamsc]

Thank you for watching!

[@TravelwithRichardandJudy]

Wow that looks amazing! The only problem is South Carolina can get chilly in the winter. We stayed at a margaritaville property after a cruise in the US Virgin Islands about 5 years ago pre COVID and it was a really nice and the restaurant was fantastic.

[@thereserveteamsc]

It’s a great community! January can get chilly, but fortunately there is no snow. Glad you enjoyed your trip.

[@brigitteevens851]

Great video! Thanks!

[@thereserveteamsc]

Glad you liked it! Thank you for watching.

[@debp7867]

You’re forgetting that the prices you’re stating are base prices. Does not include the lot price and all the upgrades that you want. With that base price you get carpeting, brown cabinets, 3 choices of granite which are not attractive. When you’re done picking out of the “nicer” things it gets pricey. I know. I live there in SC 2020 and building in Daytona. I should have bought a resale because I couldn’t put the things I already have here in HH over there. I think the resale prices now are reasonable. Prices are going up every 4 months, it seems. Agents need to tell clients that the sticker price of home is just that. Nothing else. It’s all à la cart.

[@raymondclark1657]

What are your thoughts on the new development in Ajijic Chapala Mexico

[@DavidFoley-zn3nd]

They have money problems. Anticipated more homes fantasy land

[@DavidFoley-zn3nd]

Seems like a ponzi scam