OBX Real Estate

Feb. 4, 2020

Prepared Buyers succeed in buying the house they want

I have talked to hundreds if not thousands of buyers in the past 25 years that are interested in getting a new home or buying a second home. Right now, with a strong Outer Banks spring market in 2020 I believe it would be a great idea to let would ...

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Jan. 15, 2020

Mid-County Currituck Bridge UPDATE

The OUTER BANKS is finally getting a NEW BRIDGE TO COROLLA?

One of the hottest topics for property owners and guests alike has been the question of the Mid-County Currituck Bridge.  It seems more certain that the wheels of progress are in motion for this to move forward.  Below is ...

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Posted in OBX Real Estate
July 7, 2017

June 2017-Outer banks real estate market

Have you been trying to sell your house?  Do you live in a market that is on fire back home and you wonder what the heck is going on here at the beach?  We hear this all the time and since tracking the numbers some 19 year now, my determination ...

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March 15, 2017

The FED is up to its ears in good news and here goes rates increasing

Today the FED raised the overnight lending rate by .25% (from .75-1.00%) Mortgage rates have already adjusted for now to this expected increase.

“With this increase well anticipated by most markets, Keller Williams does not expect any dramatic change in the current path of mortgage rates. Rates will ...

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Posted in OBX Real Estate
March 2, 2016

Time to buy that vacation home!

As inventory reports to be on the rise, we believe NOW is the best time to begin your search for that investment property or second home you have been dreaming of owning on the Outer Banks. Where do you being? Find a well educated local agent who knows the market ...

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Posted in OBX Real Estate
Dec. 21, 2015

Low Rate Advantage Continues

The Fed just raised interest rates and what this will mean for you and your Outer banks Beach house, home mortgages, cash investments, debt and moving forward.

The fed raised both the federal funds rate, which is an overnight rate at which banks borrow money from each other.  The ...

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Posted in OBX Real Estate
Sept. 14, 2015

Off Seaon is Upon Us

Weather here on the Outer Banks is starting to cool off, hustle and bustle is beginning to slow, and locals here are loving the month of September. If you took a poll of locals favorite months here on the Outer Banks, I can guarantee you that September would be at ...

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Posted in OBX Real Estate
Aug. 31, 2015

Interest Rates at all time Low!

Interest rates across the United States are at an all time low! Whether you're buying your first home, second home, or investment property here on the Outer Banks, you can be sure your bank is ready to lend! Many say these rates will not last much longer. But, because ...

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Posted in OBX Real Estate
April 4, 2014

WELCOME SPRING

Driving around the beach today I can be assured that Spring is finally here after a long winter.  Homeowners are out mulching, pressure washing and planting flowers to be enjoyed.  Joggers, cyclists and beachgoers are out in full force.  While I was certain we were going to ...

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Posted in OBX Real Estate
Nov. 4, 2013

Whats Happening with Interest Rates?

LOW RATES!!!

According to a local lending expert, Drew Wright of On Q Financial, buyers now have the option to extend rate locks for much longer.  This can be great for buyers that dont want to have a quick close just to maintain the low rate.  This is ...

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Posted in OBX Real Estate