In general, what are the biggest challenges facing Hilton Head Island right now?

The biggest challenge is overcoming the effects of the longest, deepest recession our country has experienced since the Great Depression.  We are not alone in facing this challenge.  However, a healthy real estate market and availability of credit are particularly important to a community like ours, where so many are dependent on the real estate industry for their livelihood.  Real estate sales not only support Realtors; they directly support financial institutions, mortgage brokers, property inspectors, appraisers and lawyers, among others. And, because real estate is such a big part of our economy, few among us are not—at least indirectly—affected.  The economy also impacts our hospitality industry and our ability to attract the private investment we need to maintain a built environment and amenities that will attract visitors and future residents.