Outer Banks, North Carolina Real Estate

It’s been a long time coming but after 4 1/2 years of price declines and decreased sales the Outer Banks real estate market is back!! While the beginning of 2009 started off looking like a repeat of 2008 with prices continuing to decrease things turned around in the fall. Buyers finally decided that the time was right and the average price ...

No matter when you come to the Outer Banks there always seems to be a breeze blowing. Now Mother Nature is going to work when Duke Energy plans to install 3 test wind towers off the coast of Hatteras next year. The test towers will be monitored to see how effective and what impact they will have on generating "green" ...

If you have been following the financial news lately you may have started to hear talk about when the FED is going to raise interest rates. It should be no surprise that sooner or later the FED will have to raise rates since they have been at all time lows for many years.  The FED is going to have to be extra careful when the time comes to ...

Outer Banks Best Beaches and Bargains 2009Top Travel Lists And Great Offers Make NC Barrier Islands Smart Choice(Outer Banks, NC) June 25, 2009 – The Outer Banks of North Carolina is fast becoming the preferred choice for families looking for value-added vacations closer to home with all the fun in the sun this summer.  Here is some of ...

With 5 months of 2009 down I believe the Outer Banks real estate market is on the road to recovery. May was another strong month as buyers took advantage of the great deals that remain. Since reaching the bottom of the market in January of this year there has been on a steady upward trend in houses going under contract and closing. ...

Since the beginning of the year I have been slowly beating the drum about a turn in the Outer Banks real estate market. With the first quarter of the year down, the Outer Banks real estate market continues to move. You really can't put too much stock in what happens in a few weeks or month as far predicting where the Outer Banks ...

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 ...

Here is the breakdown on the last 7 years of Outer Banks real estate stats             New Listings     #Sold   Avg. Sale Price Day On Market  % Of Sold Price Vs List Price2000     ...

It looks like 2008 is going to be another great rental year for the Outer Banks. I base this on my own personal poll of management companies that I have talked to in the last week while checking out the updated rental bookings on my listings. From what the management companies are saying it looks like people have started to book earlier this year ...

The real estate market on the Outer Banks for October was almost a carbon copy of September. There were just a handful more of new listings (52) for October compared to September. Houses sold were slightly less by 12 in October however the under contracts we up 2 for October. This is still off the pace of earlier this year and ...