We hope this month's newsletter finds you doing well and enjoying your Summer! Please know that we are always available to address any of your questions and interests - 7 days a week - at 1-800-823-7516...so please call anytime that we can be of service to you! Happy reading...

1 Spanish Moss Road
$819,000
Situated on a corner lot with extended open-space behind the property, this home is located in a charming residential neighborhood just outside of popular Harbourtown. With its many recent upgrades and 2nd floor addition, this property now boasts over 3,300 heated square feet in an open, Carolina-style floorplan. The main level features a direct, no-step entry through double glass front doors into an open foyer with tile flooring. The large great room is located directly off the foyer and features hardwood floors, 2 skylights, brick wood-rated fireplace with gas line, soaring ceilings with exposed beams, 5 clerestory windows, a bay window on the front of the house and a custom, built-in entertainment cabinet.

As a means of exposing you to different areas of Hilton Head Island / Bluffton which are off the beaten-path, we have developed this fun, new photo section of our email newsletter. Below, you will see a photograph taken of a very specific location in our area...and all you have to do is guess where it is! Well, actually, we tell you at THE VERY BOTTOM OF THE NEWSLETTER, so don't get too frustrated if you can't figure it out. Have fun with it...and good guessing!


Market Very Strong in 1st Half of 2004
Statistics derived from our local MLS indicate that home prices throughout our local market have increased by 7% on average as compared to the first half of 2003. Sea Pines showed an increase of approximately 15% during the same period. Meanwhile, Hilton Head Plantation has seen a 27% increase in the number of homes sold in the first 6 months of 2004 as compared to the same period in 2003. Generally speaking, inventory is down, volume is up, property is selling faster and for a higher price - in short, we are headed into a seller's market!

Cash-Flow Questions
If you have considered purchasing an investment rental property, but are not sure about the numbers involved in the proposition, ask for a copy of our financial model that may assist you in getting a better handle on the in's and out's, incomes and expenses, tax benefits, etc. associated with a specific property. We would be glad to help you make your evaluation and assist you in your purchase...

Across the Country
In order to help put our local market into perspective, we have provided some nationwide real estate news that we hope you will find interesting. Just click on the USA map to the right to access this section of our newsletter...and be sure to let us know if you have any questions or comments.

We are proud to announce some statistics for our performance in the first-half of 2004:

1) Our volume of transactions is UP 45% over the same period in 2003!
2) Our average sales price is UP NEARLY 30% over the same period in 2003!
3) The average price discount on Team listings is down to 3.3% from 5.0% in the same period in 2003!
4) The average time for Team listings to sell is down 40% from the same period in 2003!

In all...we are thrilled with these results from what has clearly been an outstanding effort on behalf of each of our Team members. In fact, one of our recent clients tells us:

"Your Team treated us as if we were the only clients Collins Group Realty had. They were so responsive to every concern, every question, and returned every call promptly. They were committed to representing our best interests, even after the sale was closed...And they loaned us a truck to move furniture!"

Congratulations to all Team members for a job very well done in the first half of 2004!!!!

Closing Manager Assistant
We are pleased to announce that Jeff Prekop is advancing his position in the Team as he takes on added responsibility by serving as the direct assistant in our Closings Manager office. Jeff and Gail Bonnett will be working closely together to ensure that each of our contract files is handled carefully and thoughtfully all the way through closing and beyond. We are confident that Jeff and Gail will provide THE absolute best assistance and service in helping clients achieve their closings on time and at 100% satisfaction!


USCB Gets 4-Year Accreditation
It's official...the University of South Carolina Beaufort is now a 4-year accredited degree college. This is great news for our local community, especially with the in-progress construction of the New River campus near Sun City in Bluffton. USCB is now the 4th school in the University of South Carolina system to become a four-year accredited college. It is hoped that with this accreditation will come research programs, grants and general scholarship.

Kiawah Island Considers Limiting House Size
Faced with the construction of a 16,000 square-foot house, Kiawah Island officials are considering an ordinance to limit the size of new homes on the resort Island. The house is being constructed on two adjacent lots, both of which previously held 5,000 square-foot homes. The new house, which includes 5,000 square feet of porch and deck area, is 7-times larger than the average new home built in America. In lieu of a new ordinance, officials may also look at setbacks, landscaping requirements, etc...

Drum Corps International (DCI) Drum Corps Competition on Saturday, July 24, 6:00 p.m.
This promises to be a delight to attendees young and old as 6 unbelievable Drum Corps will be performing at this event, traveling from as far away as New Jersey. This first annual "Island Music Showdown" will be held at the Hilton Head High School Community Stadium. Tickets are available through the Arts Center, and all proceeds benefit the HHHS Band Boosters.


Congratulations are in order for our June E-mail
Newsletter Drawing Winner

William Monk of Glen Arm, MD

As a recipient of this e-mail newsletter, you are automatically entered into our drawing for next month's giveaway. Good Luck...and don't forget to pass this along to a friend so they can sign up to be a recipient of the newsletter and an entry in our drawing! Thanks! Simply click here to enter.

60 Pope Avenue (at the corner of Pope Avenue and Cordillo Parkway on the south end of Hilton Head Island). What used to be an apartment building complex has literally been reduced to a large pile of rubble in preparation for the construction of 84 timeshare units. On a side note, the Town has approved a "Bridge to the Beach" improvement program along Pope avenue that will included better designated pedestrian pathways along both sides of Pope Avenue, a park at the corner of New Orleans Road and Pope Avenue and much more to come in the future....should be a great addition to popular section of Hilton Head Island.