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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
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Filed under: Real Estate, Market Conditions, For Sale, Announcements, Buyer Information, Outer Banks, Corolla, Foreclosures, Dare County, Property Values, Hatteras, North Carolina, Bank Owned, Buyers, Mortgage, Buyer, OBX, 2nd Home, Buying, Nags Head, Economy, Housing Market, Interest Rates, Prime Rate, Kill Devil Hills, Currituck County, Duck, Rodanthe, Short Sale, kiteboarding, Outer Banks North Carolina, Matt Huband
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
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Filed under: Real Estate, Announcements, Dare County, Hatteras, North Carolina, OBX, 2nd Home, Economy, Energy, Avon, Tropical Storm, Government, Cape Hatteras National Seashore, Outer Banks North Carolina, Matt Huband, wind turbines, Outer Banks wind towers
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
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Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Outer Banks, Corolla, Dare County, Property Values, Hatteras, North Carolina, Buyers, Mortgage, Buyer, OBX, Buying, Mortgage Rates, Federal Reserve, Economy, Housing Market, Interest Rates, Currituck County, Outer Banks North Carolina, Matt Huband
Outer Banks Best Beaches and Bargains 2009 Top 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
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Filed under: Real Estate, Announcements, Community Information, Outer Banks, Corolla, Ocean View, Oregon Inlet, Jennette's Pier, Dare County, Hatteras, North Carolina, OBX, Retirement, Kitty Hawk, Top 10, 2nd Home, Vacation Rental, Nags Head, Summer, Vacation, USA, Economy, Jockeys Ridge, Kill Devil Hills, Surfing, Sunrise, Holidays, Sunsets, Avon, year round, Currituck County, Duck, Travel, Southern Shores, Tourists, Beach Access, Beach Driving, Pirates Cove, Billfish Tournament, Rodanthe, Nights In Rodanthe, kiteboarding, Cape Hatteras National Seashore, Outer Banks North Carolina, Matt Huband, Outer Banks Restaurants
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
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Filed under: Real Estate, Market Conditions, For Sale, Buyer Information, Outer Banks, Investments, Foreclosures, Dare County, Property Values, North Carolina, Bank Owned, Buyers, Mortgage, Buyer, OBX, Retirement, 2nd Home, Vacation Rental, Buying, Mortgage Rates, Vacation, Economy, Housing Market, Interest Rates, Currituck County, Travel, Tourists, buyers guide2nd Home
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
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Filed under: Real Estate, Market Conditions, For Sale, Announcements, Finances, Buyer Information, Outer Banks, Corolla, Oregon Inlet, Investments, Foreclosures, Dare County, Hatteras, North Carolina, Bank Owned, Buyers, Mortgage, Buyer, OBX, Kitty Hawk, 2nd Home, Vacation Rental, Buying, Mortgage Rates, Nags Head, Vacation, USA, Economy, Housing Market, Interest Rates, Kill Devil Hills, Avon, Currituck County, Duck, Travel, Southern Shores, Tourists, Rodanthe, Short Sale, buyers guide2nd Home, Investment guide
The August economic indicators have just come in for the Outer Banks. The numbers seem to tell the story of what I saw this summer which is there were a lot of people at the beach. While everyone is being hit hard by the economy people still chose to
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Filed under: Market Conditions, Announcements, Community Information, Outer Banks, Dare County, North Carolina, OBX, Vacation Rental, Vacation, Economy, Travel, Tourists, Government
Related Stories N.C. park to require permits for night beach driving Popular beach reopened for vehicles Still no leads on who vandalized fences at N.C. beach More shoreline closed after vandalism Closed areas along Outer Banks upset vacationers, fishermen
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Filed under: Events, Community Information, Outer Banks, Oregon Inlet, fishing, Dare County, Hatteras, North Carolina, OBX, Economy, ORV, Lawsuit On Beach Driving, National Park Service, Beach Driving, Beach
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
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Filed under: Real Estate, For Sale, Buyer Information, Seller Information, Outer Banks, Investments, Foreclosures, Dare County, North Carolina, Seller's, Bank Owned, Buyers, Seller, Mortgage, Buyer, OBX, 2nd Home, Vacation Rental, Sellers, Buying, Summer, Economy, Housing Market, Currituck County, Tourists, Short Sale
April 29, 2008 Seashore leader files information on the eve of hearing Federal attorneys filed a “declaration” by Cape Hatteras National Seashore Superintendent Mike Murray late today in U.S. District Court in Raleigh on the eve of a hearing
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Filed under: Community Information, Outer Banks, fishing, Dare County, Hatteras, OBX, Economy, Beach Access, ORV, Lawsuit On Beach Driving, National Park Service, Beach Driving
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 Price 2000 3778 2721 $176,374 216 98.33 2001 3691 2932 $192,140 217 97.01 2002 4372 3576 $254,435 169 97.58
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Filed under: Real Estate, For Sale, Buyer Information, Seller Information, Outer Banks, Corolla, Investments, Foreclosures, Dare County, Property Values, North Carolina, Seller's, Buyers, Seller, Buyer, Retirement, Kitty Hawk, 2nd Home, Vacation Rental, Buying, Mortgage Rates, Nags Head, Vacation, USA, Economy, Housing Market, Interest Rates, Kill Devil Hills, Currituck County, Duck, Travel, Southern Shores
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
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Filed under: Real Estate, Buyer Information, Outer Banks, fishing, Dare County, North Carolina, Buyers, Buyer, OBX, 2nd Home, Vacation Rental, Vacation, Economy, Relaxing
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
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Filed under: Real Estate, Market Conditions, Outer Banks, North Carolina, Buyers, Mortgage, Buyer, OBX, Sellers, Buying, Mortgage Rates, Economy, Housing Market, Interest Rates
As it was widely expected yesterday the Federal Reserve cut the prime rate again by .25%. By cutting interest rates the Fed is trying to create a soft landing for the housing market and ease the credit crunch. It will be sometime before we know if this
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