The third quarter Outer Banks real estate market performed similarly to second quarter with single family unit sales down slightly from the same period in 2013. Total sales volume as well as average and median price is higher than 2013. Average days on the market is also slightly lower, all indicators that the market is […]
Excellent News for Home Buyers: US Prices Stabilizing
If you’ve been weighing whether now is the right time to enter the local housing market as a home buyer, we have some news to share with you that will help you decide. According to a recent report from real estate data provider CoreLogic, U.S. home price gains are slowing down, despite an increase during […]
US Real Estate Market Sees 6-Year Home Sales High
We’re breaking records on the U.S. housing market! Evidently, during the month of August, national home sales reached their highest levels in more than six years, according to a recent report from the Commerce Department. This is incredible! That means that sales activity has returned to the levels it was pre-bubble burst. And this spells […]
Report: Big Homes Are a Hot Trend on the National Real Estate Market
Big homes are a big deal on the national housing market, according to a recent article in USA Today. Evidently, a growing number of home buyers are looking for larger homes to accommodate their every need and desire. In fact, of the 569,000 homes built last year in the US, about 33 percent (or 188,000 […]
US Home Sales Outperform Real Estate Experts’ Previous Predictions
It’s always a good sign on the national housing market when sales activity is better than even the experts predicted! And that’s exactly what happened recently when the latest market activity report was released by the National Association of Realtors in July. Evidently, contracts to purchase previously-owned properties increased more than expected during the month […]
Report: Bigger is Better for National Home Buyers
The sluggish housing market over the last several years did not have an impact on Americans’ desire for bigger and fancier homes, according to a recent report from USA Today. Evidently, demand continues to grow for these large estates, especially as the housing market across the nation improves. This is a fascinating trend on the […]
Home Improvements That Pay Off When Selling Your Home
Not all home remodeling projects are created equal – especially when you’re trying to get the biggest bang for your buck when it comes time to sell your property. So before you spend thousands of dollars on that home remodeling project you’ve been dreaming about, make sure that you’re armed with the facts first. Today, […]
Outer Banks Real Estate Market Update
The Outer Banks Real Estate Market is showing signs of improvement, in line with what is happening with home sales, nationwide. One indicator is that although total number of units sold for the first half of 2014 are down slightly, the total volume of sales is up by about 11%, meaning the average price of […]
Report: US Home Sales Increased Sharply in May
It’s certainly a headline we like to see around here: “US Home Purchase Contracts Have Seen a Significant Increase.” And in fact, that’s exactly what The Associated Press recently reported. This is great news, especially given that – so far this year – the pace of buying is slower than in 2013. A lot of this […]
An Aerial View of the Fireworks Display in Nags Head, NC
The 4th of July is a favorite time for celebration by Outer Banks residents and visitors, alike. 2014 brought us Hurricane Arthur but did not stop the various venues from rescheduling the fireworks for different days through out the holiday weekend. Enjoy this insiders look at the spectacular display over the ocean that the Town […]
