Outer Banks, North Carolina Real Estate

The Outer Banks real estate market continues to heat up at the start of 2011. The number of listings that went under contract in January was up 20% from this same time last year. 2010 ended up as the best year the Outer Banks market has seen since 2006. With inventory continuing to decline, down 14% from ...

2010 will go down as the year the Outer Banks real estate market finally turned the corner and ended a 5-yr downward cycle. Compared to 2009 the number of property sales increased 20%(the highest total since 2006), the number of active listings decreased approx. 20% and the overall average sold price was retaliatively ...

Another Great Outer Banks deal has been sold by Matt Huband-Broker/Owner of OBX Realty Group at 15 Circle Dr, Southern Shores NC for $350,000!! This property was purchased by the seller in 2004 for $430,000. After the purchase a pool was added to increase rental income. This house sold for $121,000 less than the current Dare ...

[photo:listing:20912382] Pool & Walk To Beach • 1,938 sq. ft., 1 bath, 3 bdrm single story - MLS® $350,000 - Incrediable Short Sale Southern Shores Beach, Southern Shores  -  What an opportunity to get into Southern Shores with a house that offers so many options. Currently used as a year round rental at $1260 a ...

I know everyone is looking for the best deal in their price range on the Outer Banks. I am working hard to find it so you don't have to. So that is why I came up with a "HOT DEALS" page.  Here is how this page works: Once you click on the town and location the properties will be in price order. Each property ...

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 ...

Many people would love to own a beach house on the Outer Banks but have no idea how much it costs or what’s involved.  Since most of the houses on the Outer Banks are used as weekly vacation rentals many people want to know what portion of the rental income will help pay for the expenses and what will be left over to go towards the ...

IT HAS FINALLY HAPPENED!!!! The average price for a home sold on the Outer Banks has finally stopped going down!! As a matter of fact it actually went up just a bit. For the first time in 2009 or 2008 for that matter prices have finally leveled off (follow the monthly trend on the OBX Stats page of my website).  The average sold price in ...

Opening on Thursday, October 8, with 29 homes spanning Corolla on the Currituck Banks to the laid back atmosphere of the towns on Hatteras Island, the Outer Banks Home Builders Association's 17th Annual Parade of Homes promises a fresh perspective on newly constructed coastal homes. This year's sampling of homes has incorporated new ...

 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 ...