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 ...

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 ...

[photo:listing:11702249] Turn Key Ready For New Buyer • 1,008 sq. ft., 2 bath, 3 bdrm single story - MLS® $275,000 - Short Sale- Walk To Beach Dare County, North Carolina  -  Fantastic Short Sale opportunity! Walk to the Atlantic Ocean or the Pamlico Sound. The Hatteras Kite House has an awesome location in the center ...

[photo:listing:11702336] Walk To Beach • 1,205 sq. ft., 2 bath, 3 bdrm manufactured home - MLS® $215,000 - Short Sale Opportunity Dare County, North Carolina  -  Short Sale opportunity to pick up a nice house in a great location in Waves. Short walk to the beach and close to all the Hatteras Island water sports such ...

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 ...

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 ...

North Ridge Estates, Nags Head  -  Just Listed: 3405 Buccaneer Dr, a 1,700 sq. ft., 2 bath, 4 bdrm 2 story. Now MLS® $199,000 - Great house, great location, great pool, bad tenants. This 4bd/2bth house was in great shape but was rented out. Now it needs a new owner to bring it back tolife. With a little work this house ...

The Virginia Pilot reported today that construction on the Mid-County Currituck Bridge is scheduled to begin in February or March next year. While there are still many details to work out it is seems that after 20 years the bridge will finally get built. Once completed, scheduled for 2013, the bridge will help ease the summer traffic coming ...

The Outer Banks real estate market continues to put up good numbers as we head into the last quarter of 2009. For the 5th straight month the number of sold houses were over 100.  If the number of sold houses continues on its current pace in October it will be 6 months in a row. Buyers are realizing that the prices and mortgage rates ...

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" ...