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
What a mess the world seems to be in these days!! You almost feel like staying inside and never turning on the TV. Banks are failing, the stock market is crashing, and our esteemed leaders in Government do not have a clue as to how to help the American
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Filed under: Real Estate, Market Conditions, Industry, Finances, Seller Information, Outer Banks, Investments, Property Values, North Carolina, Seller's, Buyers, Seller, Mortgage, Buyer, OBX, Sellers, Buying, financial, Mortgage Rates, Federal Reserve, Housing Market, Interest Rates, Prime Rate, Wall Street, Government
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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