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Outer Banks May Real Estate Market

May sales were up 21% over April sales on the Outer Banks; however, for 2014, total sales are 5% down from this time last year. Commercial sales are up 210% over last year, but residential sales are down 7% and land sales are down by 30% over 2013. Distressed property sales are still down 44% from 2013, […]

Happy 4th of July from Vanessa Watson!

Great publicity = bigger crowds on the Outer Banks – will you take advantage?

“From the sea to the sound, this North Carolina vacation spot packs plenty of fun.” ~ New York Post. Well, the secret’s out – according to the New York Post, “The Outer Banks is a shore bet”. ~ Posted July 17, 201 According to a recent report by US News/Travel section, the Outer Banks is the #1 spot for […]

Are you ready for Hurricane Season on the Outer Banks?

Living on the Outer Banks, you’re certainly aware we’re in Hurricane season during the summer months into the first of November. Last few years have been rough and there has been some extreme damage throughout the Outer Banks with each storm. I know I’m not saying anything new, but there are some things that can […]

How much is that granite counter top worth to you?

I recently read an article online on the 247wallst.com site written by Samuel Weigley*, showing the percentage of home buyers who would actually be willing to pay for an improvement and the amount they’d be willing to pay for that additional improvement. Weigley’s article is fascinating! Here are a few of the high-lights of his […]

March Homes Sales and Real Estate Market on the Outer Banks

When looking at the real estate market from March, it may seem like the Outer Banks market isn’t doing well. But you need to look deeper into the numbers and there is shows the market is actually making a comeback. The number of properties which were listed, and now under a sales contract is up […]

Purchasing a Vacation Home on the Outer Banks

Purchasing a vacation home on the Outer Banks not only could be a great get-away, but it could give you an opportunity to lease when you’re not using the home yourself. Don’t jump yet, though; there are some things to consider before signing up to be a landlord. Since there are so many great vacations […]

NAR Survey on Vacation Homes

In a recent news release, the National Association of Realtors® 2013 Investment and Vacation Buyers Survey reported Vacation homes sales were up by 10.1% in 2012. As nice as that sounds, it’s still not up to the numbers we saw before the downturn. According to the news release, NAR Chief Economist Lawrence Yun said, “favorable […]

We all have plans, right?

Sandy sure took a real toll on the East Coast. Perhaps it’s time to assess what type of plans we had in place this time for Sandy to be ready for the next one.  We all have plans, right? Since disasters is are a hot topic right now, information is readily available and should be […]

Outer Banks Housing Market September Sales Report

  The Outer Banks Association of Realtors® has released their monthly housing report for September and it’s what I would call, “seasonal”. Outer Banks YTD Sales Since the End of 2011 Overall – up 20% (1547 units vs 1292 units) (19% in August) Residential – Up 15% (1059 units vs 935 units) (13% in August) […]