Outer Banks, North Carolina Real Estate

To say 2010 is off to a great start is an understatement.  This year there has been 186 closings, 31% more than at this same point last year. In 2010 the average sold price of a house is up 12.6% from the end of 2009 and 13.5% from October ‘09, the last month prices declined. With the pace of buyer activity not slowing down I think we ...

OK, it’s time to breath again after a busy summer season on the Outer Banks.  Now comes what I consider the absolute best time to visit the Outer Banks, Fall!! As for the Outer Banks real estate market many of you have been waiting and waiting for what you would consider the “right time” to buy.  Here on the Outer ...

 The bottoming of the Outer Banks real estate market has begun.   For the first time since August 2005 the Outer Banks real estate market has shown significant and sustained signs of life. How can that be since all you hear from the media is the real estate market is still a year away from the bottom? The most important thing to ...

On the Outer Banks everyone is looking for a great deal and rightfully so, compared to years past there are some outstanding deals to be had. The first question I get from my prospective buyers is, "what about the Foreclosures and Short Sales". My response is the same, "Keep in mind that not all short sales or foreclosures fall ...

  With two months in the books for 2009 it seems that the economic news in the country just keeps getting worse. However on the Outer Banks the real estate market just keeps getting better!! In February there were more houses put under contract since the fall selling peak of October 2008. That means that the buyers that started to show up in ...

  2009 off to a great start!! So far in 2009 the buyers have been showing up in full force and they are buying!! Since the beginning of the year there has been a 13% increase in houses that have gone under contract compared to 2008. The 2 factors that are moving buyers off the fence are low mortgage rates and prices are just to good to pass ...

Since the holiday season is upon us I wanted to spread some holiday cheer and bring you the best deals available on the Outer Banks!!! I have been swamped with calls and emails over the past few months with everyone wanting to know where the best deals are.  So I have decided to put together a list of the best deals on the Outer ...

In yesterdays post I covered Short Sales on the Outer Banks so today's topic is on Outer Banks Foreclosures. Are there any foreclosures on the Outer Banks I can buy?? That is the #1 question I have received over the last 6 months. With the answer being yes, there are plenty of Outer Banks foreclosures to choose from. Are they best ...

It seems like every day you hear about more people losing their homes to foreclosure (more about that tomorrow) or what is becoming the new buzz word in real estate the "Short Sale". It was just a short time ago that no one, at least the majority of us in the Outer Banks real estate market, had ever heard of a short sale. ...