Convenient Location close to beach and services.
This OBX foreclosure home is just a short walk to the beach, some restaurants and other OBX attractions. It also has quite a few updates so you won’t have to spend your time this summer on major renovations. This is not my listing but it caught my eye when I saw the price… $227,000!
OBX real estate sales were the best they’ve been in years. Here’s a link to the report: http://r.b5z.net/i/u/10116302/f/marketindicatorsapr12.pdf
A recent sunrise at the Kitty Hawk Pier
Real estate sales on the Outer Banks are trending up. It looks like it is going to be the best spring for the number of sales since 2005. Here’s a link to my monthly report: http://r.b5z.net/i/u/10116302/f/marketindicatorsmar12.pdf We still have a ton of inventory to get through but at least we have some good news!
This home just came on the market. For its size and location this property is priced right. I recently did a market analysis for a very similar home one block away that came up at $550,000. This one should sell fairly quickly.
Clear winter day on the Kitty Hawk Pier
Great interest rates, super values and clear, snowless days encouraged buyers to make smart buying decisions in January. This was the best January since 2005! Here’s a copy of our OBX Real Estate Market Report: http://r.b5z.net/i/u/10116302/f/marketindicatorsfeb12.pdf
It’s been a while since we saw ocean front homes in Duck for under $800,000. This is a good value for it’s Duck location. There should be plenty of room for a pool and it already generates over $70,000 in rental income. The listing agent told me this morning he needs to sell it in the next three months!
This is a great entry level ocean front home in Duck.
Like much of the East Coast, the weather on the Outer Banks has been great most of the winter. No snow and only a few days with frost! Here’s a link to our latest newsletter: http://r.b5z.net/i/u/10116302/f/carolina_review_vol_9_issue_1.pdf
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.
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
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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