OBX Real Estate Market Report

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September on the Outer Banks is AWESOME! Wright Memorial.

Good things are happening in the Outer Banks real estate market.  Click here for the full report or here’s the address: http://r.b5z.net/i/u/10116302/f/marketindicatorssept15.pdf

 

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July 2015 OBX Market Report

Outer Banks Beach

Summer on the Outer Banks

We’re beginning to see some good signs in the Outer Banks real estate market. See this month’s report at this link: http://r.b5z.net/i/u/10116302/f/marketindicatorsjul15.pdf

 

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147 Duck Woods Drive

Southern Shores Best Buy!

Southern Shores Best Buy!

Here is a real bargain in today’s market! This Southern Shores home is a short sale that was under contract. The buyer recently got cold feet and it is now back on the market. Rarely will you find a home this large in this neighborhood under $300,000.  You’ll have some immediate equity with a little elbow grease and money. A perfect home for someone who is handy.  Bank approved price of $290,500!

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26212 Bosun Court Salvo

Hatteras Island Bargain!

Just two lots from the beach in one of Salvo’s finest subdivisions!

 

This Salvo cottage is a great beach getaway for people who want to keep it simple and enjoy the Outer Banks.  If you are looking for a reasonably priced get away in the low $200’s this is one you’ll want to see.  Things changed with the owner… he can not use it like he wanted and now he wants it sold.  Here’s a link to more information: http://scottrealtyobx.com/26212_bosun_court

 

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Carolina Review Fall 2014

beach fall 2014

 

Get updated on what’s happening on the Outer Banks in the Carolina Real Estate View. Here’s a link to our latest newsletter.  http://r.b5z.net/i/u/10116302/f/carolina_review_vol_11_issue_2.pdf

 

 

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Outer Banks Sept. ’14 Market Update

There's no better time to be at the beach than September...warm water, fish and friends!

There’s no better time to be at the beach than September…warm water, fish and friends!

An interesting trend going on in our market is higher sales prices and more inventory.  See my monthly report for more info. http://r.b5z.net/i/u/10116302/f/marketindicatorssept14.pdf

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OBX Market Update

Nags Head Sunrise

Nags Head Sunrise

Hints of appreciation are showing in the Outer Banks real estate indicators.  Read about this good news in this report here:

http://r.b5z.net/i/u/10116302/f/marketindicatorsjul14.pdf

 

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OBX Market Update for June 2014

Summer is here!

Summer is here!

We are seeing good numbers of OBX transactions right now on the Outer Banks. Here’s this months market report: http://r.b5z.net/i/u/10116302/f/marketindcatorsjun14.pdf

Hopefully this trend continues into the fall.

 

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Ocean Front in South Nags Head

This ocean front recently grossed over $115,000 in rental income!

This ocean front recently grossed over $110,000 in rental income!

9421 S Old Oregon Inlet Road is a short sale that just came back on the market.  According to the listing agent the first and second lenders have approved the price of $925,000 on this property.  It generated over $110,000 in rental income in 2012 and has the potential to go even higher with a little TLC.  If you can get qualified quick or pay cash for this one then it is not too late to generate good income this year.  For someone looking for ocean front this one is a great opportunity!

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Spring Market Update

Duck BeachSummer just arrived and the real estate sales numbers for spring look pretty good. However there are some mixed signals. Take a look at the latest market report here: http://r.b5z.net/i/u/10116302/f/marketindicatorsmay14.pdf

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