outerbanks: Outer Banks Real Estate Off To A Fast Start In 2009 - 03/03/09 02:13 PM
With two months in the books for 2009 it seems that the economic news in the country just keeps getting worse. However on the Outer Banks the real estate market just keeps getting better!!
In February there were more houses put under contract since the fall selling peak of October 2008. That means that the buyers that started to show up in January are buying and the buying pace is still picking up. I predict March will be just as good if not better.
The hot price range is still under $500,000. Out of the 120 houses sold this year 96 … (0 comments)
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outerbanks: 2009 Off To A Good Start For The Outer Banks Real Estate Market - 02/04/09 08:51 AM
2009 off to a great start!! So far in 2009 the buyers have been showing up in full force and they are buying !! Since the beginning of the year there has been a 13% increase in houses that have gone under contract compared to 2008. You can go to my website www.HometownOBX.com or directly to my blog post Outer Banks Real Estate to read all about it.
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outerbanks: Jimmy Buffett Visits The Outer Banks Part 4- Last Entry - 02/03/09 12:49 PM
Jimmy Buffett's last diary entry from his fall trip to the Outer Banks is now available. You can read all for 4 entries on my website www.HometownOBX.com on my blog or go directly to the Jimmy Buffett Visits The Outer Banks blog post. If you are a fan of Jimmy Buffett and the Outer Banks I highly recommed you take some time an read all of them.
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outerbanks: Outer Banks Real Estate-Goodbye to 2008 Hello to 2009 - 01/08/09 10:11 AM
2008-It's finally over!!
I know for many of you, including myself, I could not wait for 2008 to be over. The stock market came crashing down, the real estate market continued it's downward spiral and the economy just tanked. All in all 2008 will go down as one of the worst years in recent memory
As for the Outer Banks real estate market things went from bad in 2007 to worse in 2008. It seems that foreclosures and short sales were everywhere on the Outer Banks, listings stayed on the market longer, and buyers just disappeared.
In 2008 according to … (3 comments)
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outerbanks: Jimmy Buffett Describes His Trip To The Outer Banks - 12/15/08 02:35 PM
Jimmy Buffett as I posted previously visited the Outer Banks in November. Now Jimmy has posted his own account of the trip. You can get the link to his diary part 1 & 2 on his trip to the Outer Banks on my website www.HometownOBX.comby going to Outer Banks Blog or to the Jimmy Buffett On The Outer Banks Blog Post.
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outerbanks: Outer Banks Short Sale In Corolla - 11/21/08 08:41 AM
I just listed one of those "great deals" that buyers are looking for on the Outer Banks in Corolla. This house is a short sale and is selling below current tax value and $100,000 less than it's orginal purchase price in 2004. To get more information go to Corolla Short Sale . You can check out all the Outer Banks listings, get a list of foreclosures and short sales on my website www.HometownOBX.com
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outerbanks: Jimmy Buffett Makes A Surprise Trip To The Outer Banks - 11/17/08 04:12 PM
It's a good thing no one knew before hand about the recent trip on November 11th, Jimmy Buffett made to Hatteras Island on the Outer Banks of North Carolina because there would have been Parrotheads, like myself all over the place. It seems the guys at Real Kiteboarding in Hatteras ran into Jimmy a few years ago over in the British Virgin Islands while surfing. They had no idea that he was coming when he pulled up in their parking lot in a vegetable powered conversion van. As the story goes Jimmy was taking some time off traveling up the east coast … (0 comments)
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outerbanks: Currituck Mid County Bridge Down To 3 Options - 10/24/08 09:46 AM
The North Carolina Turnpike Authority put out a press release this week about the 3 options they have decicded to go with for the proposed new bridge. The options include a "No Bridge" option that was just added recently. That's right they are now considering to not build the bridge and just do road improvements from the Wright Memorial Bridge all the way to Corolla. I can tell you that option is not going over well with the locals and local government. To read the article go to my blog at my website at www.HometownOBX.com or to the Mid-Currituck Bridge post directly.
Also … (0 comments)
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outerbanks: Outer Banks Short Sale Opportunity - 10/21/08 12:51 PM
I just reduced the price on a wonderful house down on Hatteras Island. The house is priced over $180,000 below tax value!! With this price reduction it has now become a short sale. Check out the property information on my website www.HometownOBX.com , go to the Hatteras Island Listings tab, the house will be the first listing on the page, 57202 Summer Place Dr. You can also go to my blog post Hatteras Island Short Sale for more information.
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outerbanks: Outer Banks Real Estate & Local News Podcast Up & Running!! - 10/16/08 12:56 PM
Get weekly commentary on the Outer Banks Real Estate market plus local Outer Banks news!!Subscribe & listen to the Outer Banks Real Estate & Local News podcast at iTunes or at Outer Banks Podcast,It's Free!!
I hope to have at least 2 new podcasts each week to download. Each week I will be talking about the current state of the Outer Bank real estate market including new listings, sold listings, price changes, and market commentary as well as local Outer Banks news. So subscribe to the Outer Banks Real Estate & Local News Podcast, it's free & easy!!!
For those of you that don't … (0 comments)
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outerbanks: Short Sale Price Reduction In Nags Head - 10/06/08 01:34 PM
I have a short sale listing in Nags Head that just had a big price reduction. This house would make a great investment property, 2nd home, or year round home. The house has a pool, hot tub, game room, plus lots of great living space. Go to my website www.hometownobx.com or my blog post Nags Head Short Sale for more information.
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outerbanks: August '08 Great For The Outer Banks - 10/03/08 12:50 PM
The Outer Banks, at least from my point of view, was very crowded this summer and evidently I was right. The August '08 economic numbers are in and it looks like it may be one of the best since they started keeping statistics. You can go to my website www.Hometownobx.comor to my blog post Outer Banks Real Estate Blog to read to the full article.
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outerbanks: Great Article On The Current Economic Crisis Today vs The Past - 10/02/08 10:47 AM
I came across a great article that explores the current economic crisis facing us today vs those that plagued our country years ago. The article compares past financial turmoils and how the media portrayed them at the time "end of the world". This article actually makes you sit back and think how much the media controls not only our lives but the financial markets as well. The underlying theme of the article is to stay the course with sound investment principals. While the article is geared towards the stock market the same rationale applies to real estate as well.
You can go to my website … (0 comments)
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outerbanks: Nights In Rodanthe- A Locals Movie Review - 09/26/08 03:49 PM
For all of you that love the Outer Banks get out this weekend and see Nights In Rodanthe!!! My wife and I were lucky enough to be extras in the movie and while I did not make the big screen my wife did. We were part of an invitation only crowd to be a part of the Outer Banks premier. Check out my local movie review at my website www.HometownOBX.com or the Nights In Rodanthe blog post. Don't worry no spoilers will be revealed.
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outerbanks: Nights In Rodanthe Self Guided Tour - 09/23/08 03:41 PM
In honor of the movie Nights In Rodanthe that was filmed on the Outer Banks, the Outer Banks Visitors Bureau has come up with self-guided walking tour. The tour will make for a great day trip on your next visit to the Outer Banks. To see the tour go to my website www.Hometownobx.com or to my Nights In Rodanthe Self-Guided Tour blog post.
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outerbanks: Outer Banks Market Stats - 09/19/08 11:04 AM
For the latest monthly Outer Banks real estate market statistics check out my latest web page added to www.HometownOBX.com or go directly to the Outer Banks Real Estate Market page. Each month I will update the avg sale price, # of active listings, # of sold listings and more. For those of you that love numbers. Let me know if you have any comments or questions.
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outerbanks: ORV Beach Access Update - 09/18/08 02:53 PM
The current appeal to Washington to overturn the current ORV consent decree was denied. It looks like the parties will have to get back to the table to continue the negotiations to come up a permanent ORV management plan. You can read more about the decision at www.HometownOBX.com or my recent blog post on the issue.
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outerbanks: Parade Of Homes Set For The Outer Banks - 09/11/08 03:10 PM
Once again for the 16th year the Outer Banks Home builders presents the Outer Banks Parade Of Homes. This year the parade will be held from October 9th-12th with 32 homes entered in this year Parade. For more inforamtion you can go my website www.HometownOBX.com or the Outer Banks Parade blog post.
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outerbanks: Real Estate Investment Guide For Buyer's Looking On The Outer Banks - 09/10/08 12:55 PM
I just put the finishing touches on a new buyer's guide for anyone who is looking to purchase real estate on the Outer Banks. I put an investment guide out several years ago and it proved to be very popular so I thought this would be a great time to offer it again. The guide is free to anyone who requests it and provides basic information on the process of buying on the Outer Banks. You can find the guide on my website at www.HometownOBX.com or at Outer Banks Buyer's Guide
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outerbanks: Cape Hatteras ORV Beach Access Update - 09/08/08 03:39 PM
It looks like the negotiating committee for the ORV Beach Access Management Plan is getting back to the table this week. The 2 sides to the long battle over who will manage the Cape Hatteras National Seashore have once again decided that more talks are needed to try and come up with a solution to the current court mandated access plan. The meeting will held in Avon today and while most of the locals here on the Outer Banks pray that our local representatives can work their magic to get the current plan overturned, many are not that optimistic.
Go to … (0 comments)
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