Good News for OBX Bridges!

Posted on January 24, 2012 by
Chicahauk will have a new bridge around the first of March.

The North Carolina Turnpike Authority finally published their Environmental Impact Study for the new mid-Currituck bridge.  This Project has been talked about and worked on for more than twenty years.  Having the Impact Study completed is a big step towards the start of construction.

Southern Shores is also getting a new bridge linking Chicahauk with the Wal-Mart, Home Depot, Marketplace Shopping Center area.  This bridge will increase the size boat that can travel through the canal here.
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OBX Year End Real Estate Report

Posted on January 18, 2012 by

There were some positive signs in this year’s real estate market.  Hopefully these good signs will continue in 2012. Here’s a link to my report: http://r.b5z.net/i/u/10116302/f/endofyear2011.pdf

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Happy OBX Holidays!

Posted on December 20, 2011 by

We’ve had just two frosts here in Kitty Hawk and Southern Shores so far this season but it is beginning to feel like the holidays.  There are some good trends happening in our real estate market now.  Check our our latest market report for the full scoop: http://r.b5z.net/i/u/10116302/f/marketindicatorsdec11.pdf

All the best to you this Holiday Season!

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Best Southern Shores Value

Posted on December 15, 2011 by

Super ocean views!

You probably recognize this house on your way to Duck.

This bank owned house in Southern Shores just came on the market yesterday.  It is over 6000 square feet and is just one lot away from a beach access. The home is in decent shape and could not be built for near the list price of $919,000.

If you are looking for a large home near the ocean this might be it!

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Best Beach Cottage Value

Posted on December 9, 2011 by
View and Access

Just a short walk to the beach

This cottage has been on and off the market for a while. It was just reduced to $249,000. With great beach access and needing just a little work, this one should sell quick.  If you are looking for a beach cottage in this price range, this may be the one.  It also is located above the 500 year plain which is pretty rare for being this close to the beach.

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Carolina ReView

Posted on November 21, 2011 by

Happy Thanksgiving Everyone!  The parking lot here next to Food Lion has been packed over the weekend and today with folks buying all the fixings for a big Thanksgiving meal. There’s no where better to be than on Outer Banks for Thanksgiving!

Here’s a link to my latest newsletter: http://r.b5z.net/i/u/10116302/f/carolina_review_vol_8_iss_3.pdf

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November OBX Market Report

Posted on November 16, 2011 by

It looks like the Outer Banks real estate market is beginning to recover from Hurricane Irene.  Here’s this month’s report and graphs. http://r.b5z.net/i/u/10116302/f/marketindicatorsnov11.pdf

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Beach Rainbow

Posted on November 4, 2011 by

Nov 4th Beach Rainbow

I saw this rainbow on the way to work this morning.  You know it is going to be a good day when it starts out like this!

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Market Impacted By Irene

Posted on October 18, 2011 by

As expected the OBX real estate market was impacted by Hurricane Irene.  Sales transactions were down a little over 13% from the day of the storm in August until the beginning of October.  The largest segment affected was Hatteras Island.  This was expected because NC 12 on Hatteras Island was impassible during this time period.  Perhaps we’ll return to improved sales trend now that things are returning to normal.  Here’s a link to this month’s detailed OBX Market report: http://r.b5z.net/i/u/10116302/f/marketindicatorsoct11.pdf

 

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2220 S Virginia Dare Trail Nags Head

Posted on September 23, 2011 by

Great Nags Head Value

This house was just reduced today $30,000.  Yes it needs a little work but it has a good ocean view, it is close to two beach accesses and you can walk to a couple restaurants for lunch or dinner.  This one is a good value.  Here’s a link to more details: http://obarmls.fnismls.com/publink/default.aspx?GUID=99d644e6-9991-480a-9f9d-bdb176d69c07&Report=Yes

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