The strong first-quarter earnings were due in large part to $39.5 million in sales during the month of March, which is more than the total number of sales in the entire first quarter of 2009. The 25 properties sold in March represented the most activity for a single month since April of 2008.
“Our customers are experiencing more confidence and want to take advantage of the opportunities to get back in the market after the necessary caution imposed over the past 18 months. Our strategy to stay the course and continue to increase the Island’s value has positioned Kiawah to lead the recovery of the second-home market,” says KIRE President and Broker-in-Charge, Chris Drury. “Clearly that strategy is...