According to a recent article published in the Island Packet, the "Recession Might End Early, Forecasters Say".  The article states that there are several factors pointing to an early recovery, such as: consumer confidence survey surging in April; U.S. construction spending ticked up to 0.3 percent in March; the National Association of Realtors index of pending home sales rose 3.2 percent in March, the second consecutive month it has risen.   

"This is great news and further evidence that the worst is over", says Matt Houle , agent/owner of Exit Realty of Hilton Head .  "Local home sales on Hilton Head Island continue to increase and home prices have stabilized in the area.  We continue to experience an increase in buyers entering the market and available inventory is starting to decline.   Several plantations on Hilton Head Island SC, such Hilton Head Plantation , Sea Pines, Palmetto Dunes, Indigo Run,  and others, continue to show improvement in market stability.  Overall the entire Hilton Head Island area is experience a refreshed surge in real estate market activity which promises to continue into the summer months", says Houle. Follow this link to read the entire news article.