Tuesday, December 31, 2013
Completely Remodeled with 4 Bedrooms in Kill Devil Hills!!
This Kill Devil Hills home has been completely remodeled from top to bottom. The home is currently set up as a 4 bedroom with a lounge off of the master. Could be a 5th bedroom or office. Ground floor LARGE bedroom with den and full bath. Two bedrooms on the mid level, each with a full bathroom attached. One car garage, brand new pool deck, excellent landscaping and views forever. You’ll love the straight shot down Helga Street to the convenient beach access. This is a perfect location for a primary, second or rental home. The top floor is open and flows perfectly with several sitting areas fantastic for entertaining! Enjoy multiple level decking with stairs connecting from top to bottom. The generous pool deck is a perfect place to spend your summer days.
Thursday, December 19, 2013
Comfortable 3 Bedroom - One Floor Living in Southern Shores!
Excellent opportunity for comfortable one floor living. This solidly built brick home in Southern Shores, was a contractors home. 2 bedrooms share a bath on one end of the home, while the master bedroom, HUGE walk in closet and HUGE master bath with double sinks make up the opposite end. Oversized Master Bath shower with all tile and two shower heads. Extra large kitchen with eat in area, dining room and living room with an extra office AND media/TV area.
The solid brick deck spans the entire back side of the home! Great for cookouts.
Just a few steps away to the bulkheaded canal for all your boating fun.
Tons of parking in addition to the 2 car garage.
Tuesday, December 17, 2013
Actual Ocean Views from this "Sunflower" Beach Cottage!
Great Price AND Available to Lease for Summer Fun!
Actual ocean views, nice deck space, screened porch, sunny and bright interior, top floor bedroom, easy flow floor plan, awesome community amenities, hot tub, bright open kitchen, ground floor entrance, cul de sac location, laminate wood floors and a fantastic price round out the benefits of the “Sunflower” beach cottage. MLS# 77980Thursday, December 12, 2013
6 Bedroom Home Conveniently Located in Corolla!
634 Grebe Court
$449,000!!
This home has been well cared for & has just been remodeled; looks better than ever! Check the location on this great beach home. Backs up to the Green Conservation Area for privacy as well as situated on a nice cul-de-sac. This is your classic beach rental home with proof of up to $44,000 in rental income potential.
Single Family Home
6 Bedrooms
4 Bathrooms
Interior: 2,350 sqft
Lot: 6,300 sqft
4 Bathrooms
Interior: 2,350 sqft
Lot: 6,300 sqft
Tuesday, December 10, 2013
This Corolla Home has it ALL & a NEW Price!!
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Thursday, December 5, 2013
Great Opportunity to own a Piece of Kitty Hawk History!
Great opportunity to own a piece of Kitty Hawk history! Originally built by Beach Realty & Construction. This home has been well maintained and has a solid rental history. Enjoy the privacy of the two vacant lots to the north (they are unbuildable). Listen to the waves crash from any of the three bedrooms, or upstairs loft. Watch the dolphins from your deck or just have coffee with the sunrise. You can’t go wrong with and Oceanfront home at this price that is fully insured!
Tuesday, December 3, 2013
Perfect Place for Your Family to Gather in Corolla!
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Outer Banks Area Update
I hope your pre-holiday season is going well. We've had quite the cold spell hit the entire East Coast this week and who knows, we could even see another flurry or two here at the beach. Just hope it doesn't stick! I have a few things to update you on this month.
Flood Insurance - Bipartisan legislation has just been introduced in Congress to remedy the unintended consequences of Biggert-Waters. Senate Bill 1610/House Bill 3370 - Homeowner Flood Insurance Affordability Act of 2013 - will delay the loss of grandfathering for four years until several steps are taken to address the affordability of coverage. For more information and what you can do to help read the full article here.
Beach Nourishment – One step forward. It's looking really good for nourishment projects in Kill Devil Hills, Duck and Kitty Hawk. Of course it takes a while to get the projects actually started. KDH put together a really great page of FAQ's that you can read here.
Loggerhead Turtles – Perhaps two steps back. Never a dull moment in the coastal/wildlife arena. The push to throw a wrench in the beach nourishment plans have already begun. Read more here.
Holiday Activities – If you're going to be on the Outer Banks for the holidays this year, here's a website to check for some local activities you might want to check out. Be sure to click on the "Events" tab. http://www.outerbanksthisweek. com/things_to_do/
Tuesday, November 26, 2013
New Listing!! 508 Pine Needle Court, Kill Devil Hills!!
There are so many great features to list for this home!
X Flood Zone in a quiet cul de sac with a real front yard and back yard for the kids and animals. The back yard is fully fenced in. There is a one car garage with a workshop area in the back of the garage. Also, a storage shed in the back yard. The separate laundry area on the way to the garage keeps the noise out of the main living areas. Laminate wood floors throughout. Each bedroom has its own bathroom. Above the garage is finished in two separate rooms. One could be an art studio or an office or game room, media room, the possibilities are endless. The back deck was enclosed to make a beautiful fully heated and cooled sun room with french doors. The kitchen has lots of cabinet space and with a first floor master bedroom and extremely large walk in closet, you’ll find yourself right at home. The roof was recently replaced, new septic and siding and a 2 zone heat pump installed recently.Thursday, November 21, 2013
So Close to the Waterfront You can Feel the Sea Spray!! in Kill Devil Hills
This Kill Devil Hills home has been completely remodeled from top to bottom. The home is currently set up as a 4 bedroom with a lounge off of the master. Could be a 5th bedroom or office. Ground floor LARGE bedroom with den and full bath. Two bedrooms on the mid level, each with a full bathroom attached. One car garage, brand new pool deck, excellent landscaping and views forever. You’ll love the straight shot down Helga Street to the convenient beach access. This is a perfect location for a primary, second or rental home. The top floor is open and flows perfectly with several sitting areas fantastic for entertaining! Enjoy multiple level decking with stairs connecting from top to bottom. The generous pool deck is a perfect place to spend your summer days.
Overall this elegant home will satisfy your waterfront needs and entire Outer Banks experience.
Tuesday, November 19, 2013
New Listing!! 313 Quail Lane in Kill Devil Hills!!
313 Quail Lane, Kill Devil Hills
Take a look at this great home on nice corner lot! A perfect 3 bedroom, 2 bath home in the heart of Kill Devil Hills. A beautiful yard in a peaceful wooded setting. Be sure to check out the detached oversized garage with a second floor! Imagine the possibilities for all this space! You’ve got to come see this home – it’s the perfect place for your family! Don’t forget about the quick walk to Nags Head Woods!
Monday, November 18, 2013
Thursday, November 14, 2013
New Listing!!103 Gables Way in Kitty Hawk!!
103 Gables Way,
Kitty Hawk
MLS #: 80914 $275,000
This is the original model for The Gables. Tile floor, cast iron kitchen sink, 2 full master bedrooms, 3rd bedroom with a full bath just outside the door, very spacious, gas fireplace, 2 walk in closets, full car garage, well landscaped, recently painted exterior make this town home a real winner!
Wednesday, November 13, 2013
Amazing NEW Price on 634 Grebe Court, Corolla!!!
Was $490,000
NOW $449,000!!
This home has been well cared for & has just been remodeled; looks better than ever! Check the location on this great beach home. Backs up to the Green Conservation Area for privacy as well as situated on a nice cul-de-sac. Neighboring homes are not permitted private pools.
This is your classic beach rental home with proof of up to $44,000 in rental income potential.
Easy walk to the beach and all the amenities of a prime investment property. Ground level game room with 2 bedrooms. Mid level with TV area and 3 bedrooms and main floor with open living space, dining room, kitchen and master.
Enjoy the top floor deck and ocean views.
Monday, November 11, 2013
Thursday, November 7, 2013
Poor Ridge Road in Kitty Hawk already has Bank Approval!
You won't want to miss out on this FANTASTIC opportunity!! The home already has BANK APPROVAL!!! Act now for quicker closing!!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
Tuesday, November 5, 2013
10 Glorious Acres in Corolla!
10 glorious and unspoiled acres, spanning from oceanfront to sound in Swan Island Estates. Swan Island Estates is a wonderful community of large lots that lend themselves to premium homes. Enjoy the sunrise over the ocean and breathtaking sunsets over the sound. Create the ultimate vacation rental machine or a stunning 2nd home. With a lot this size, the possibilities are endless. Take advantage of this unbelievable pricing to invest in one of the most unique properties on the Outer Banks.
$500,00 1885 Ocean Pearl Road, Corolla
$500,00 1885 Ocean Pearl Road, Corolla
MLS #: 79185
Monday, November 4, 2013
Thursday, October 31, 2013
Beautiful Oceanfront Home in Kitty Hawk!
Great opportunity to own a piece of Kitty Hawk history! Originally built by Beach Realty & Construction. This home has been well maintained and has a solid rental history. Enjoy the privacy of the two vacant lots to the north (they are unbuildable). Listen to the waves crash from any of the three bedrooms, or upstairs loft. Watch the dolphins from your deck or just have coffee with the sunrise. You can’t go wrong with and Oceanfront home at this price that is fully insured!
Tuesday, October 29, 2013
Convenient One Floor Living located in Southern Shores!
Excellent opportunity for comfortable one floor living. This solidly built brick home in Southern Shores, was a contractors home. 2 bedrooms share a bath on one end of the home, while the master bedroom, HUGE walk in closet and HUGE master bath with double sinks make up the opposite end. Oversized Master Bath shower with all tile and two shower heads. Extra large kitchen with eat in area, dining room and living room with an extra office AND media/TV area.
The solid brick deck spans the entire back side of the home! Great for cookouts.
Just a few steps away to the bulkheaded canal for all your boating fun.
Tons of parking in addition to the 2 car garage.
Thursday, October 24, 2013
Conveniently Located in the Heart of Kill Devil Hills!
439 W. Palmetto Drive, Kill Devil Hills, NC
This custom built home was built in 2002 on a beautiful 10,000 sq. ft lot, although the condition says it was built this year! .. This home has many upgrades that include hardwood floors, new carpet and light fixtures, carribean shutters and ceramic tile. An irrigated zoysia lawn and palms bring the feel of the island to life. The covered patio is perfect for entertaining and is easily accessible. There is 1746 square feet of heated living space and has never been rented! Conveniently located in the heart of Kill Devil Hills with easy access to shopping, restaurants and more. The ground floor game room, manicured yard,ample deck space, patio area and location at the end of the street make it the perfect place for your beach memories!Tuesday, October 22, 2013
Home with Many Possibilities in Corolla!
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Monday, October 21, 2013
Friday, October 18, 2013
NEW NEW NEW PRICES on these GREAT Outer Banks Homes!
634 Grebe Court, Corolla Was $499,000 NOW $490,000
889 Seafaring Crescent, Corolla Was $307,000 NOW $299,700
8547 Caratoke Highway Powells Point, NC
MLS#74541 Was $28,000 NOW $22,000
Tuesday, October 15, 2013
Check Out this View in Kill Devil Hills!!
This Kill Devil Hills home has been completely remodeled from top to bottom. The home is currently set up as a 4 bedroom with a lounge off of the master. Could be a 5th bedroom or office. Ground floor LARGE bedroom with den and full bath. Two bedrooms on the mid level, each with a full bathroom attached. One car garage, brand new pool deck, excellent landscaping and views forever. You’ll love the straight shot down Helga Street to the convenient beach access. This is a perfect location for a primary, second or rental home. The top floor is open and flows perfectly with several sitting areas fantastic for entertaining! Enjoy multiple level decking with stairs connecting from top to bottom. The generous pool deck is a perfect place to spend your summer days.
Overall this elegant home will satisfy your waterfront needs and entire Outer Banks experience.
Thursday, October 10, 2013
"Sunflower" Cottage by the Beach in Corolla!!
Great Price AND Available to Lease for Summer Fun!
Actual ocean views, nice deck space, screened porch, sunny and bright interior, top floor bedroom, easy flow floor plan, awesome community amenities, hot tub, bright open kitchen, ground floor entrance, cul de sac location, laminate wood floors and a fantastic price round out the benefits of the “Sunflower” beach cottage. MLS# 77980Tuesday, October 8, 2013
New Price on this Extra Large Home in Kitty Hawk!!
You won't want to miss out on this FANTASTIC opportunity!! The home already has BANK APPROVAL!!! Act now for quicker closing!!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
Wednesday, October 2, 2013
NEW LISTING!! Perfect place for your Beach Memories in Kill Devil Hills!
439 W. Palmetto Drive, Kill Devil Hills, NC
This custom built home was built in 2002 on a beautiful 10,000 sq. ft lot, although the condition says it was built this year! .. This home has many upgrades that include hardwood floors, new carpet and light fixtures, carribean shutters and ceramic tile. An irrigated zoysia lawn and palms bring the feel of the island to life. The covered patio is perfect for entertaining and is easily accessible. There is 1746 square feet of heated living space and has never been rented! Conveniently located in the heart of Kill Devil Hills with easy access to shopping, restaurants and more. The ground floor game room, manicured yard,ample deck space, patio area and location at the end of the street make it the perfect place for your beach memories!Thursday, September 26, 2013
New Price on Conveniently Located Lot in Powells Point!
Monday, September 23, 2013
New Listing in Kill Devil Hills - Soundfront Beauty!
This Kill Devil Hills home has been completely remodeled from top to bottom. The home is currently set up as a 4 bedroom with a lounge off of the master. Could be a 5th bedroom or office. Ground floor LARGE bedroom with den and full bath. Two bedrooms on the mid level, each with a full bathroom attached. One car garage, brand new pool deck, excellent landscaping and views forever. You’ll love the straight shot down Helga Street to the convenient beach access. This is a perfect location for a primary, second or rental home. The top floor is open and flows perfectly with several sitting areas fantastic for entertaining! Enjoy multiple level decking with stairs connecting from top to bottom. The generous pool deck is a perfect place to spend your summer days.
Overall this elegant home will satisfy your waterfront needs and entire Outer Banks experience.
Thursday, September 19, 2013
Fantastic Opportunity on this Extra Large Home in Kitty Hawk!!
You won't want to miss out on this FANTASTIC opportunity!! The home already has BANK APPROVAL!!! Act now for quicker closing!!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
Tuesday, September 17, 2013
New Listing on the Beach in Kitty Hawk!!
Great opportunity to own a piece of Kitty Hawk history! Originally built by Beach Realty & Construction. This home has been well maintained and has a solid rental history. Enjoy the privacy of the two vacant lots to the north (they are unbuildable). Listen to the waves crash from any of the three bedrooms, or upstairs loft. Watch the dolphins from your deck or just have coffee with the sunrise. You can’t go wrong with and Oceanfront home at this price that is fully insured!
Monday, September 16, 2013
Thursday, September 12, 2013
Over 8 Acres of Country Living in Kitty Hawk!!
8.8 private acres in Kitty Hawk Village with a Vintage 1940 Oceanfront original four bedroom -two bath that was moved to this property in 1991. This home is very solid with T&G Juniper throughout , a brick fireplace and TONS of charm. The lot has two nice ridges and the home did not get wet during Irene.
There are fruit trees and two outbuildings with Power - one of them has two 220 outlets and is ready for your workshop pleasure. Be the first to make an appointment because this is a nice chunk of Kitty Hawk.
Country style Living at the beach- Bring your horses, goats, chickens and settle in.
Country style Living at the beach- Bring your horses, goats, chickens and settle in.
Tuesday, September 10, 2013
Check out this Fabulous Southern Shores Home!
Excellent opportunity for comfortable one floor living. This solidly built brick home in Southern Shores, was a contractors home. 2 bedrooms share a bath on one end of the home, while the master bedroom, HUGE walk in closet and HUGE master bath with double sinks make up the opposite end. Oversized Master Bath shower with all tile and two shower heads. Extra large kitchen with eat in area, dining room and living room with an extra office AND media/TV area.
The solid brick deck spans the entire back side of the home! Great for cookouts.
Just a few steps away to the bulkheaded canal for all your boating fun.
Tons of parking in addition to the 2 car garage.
Friday, September 6, 2013
Only Minutes to the Bridge in Powells Point!!
Tuesday, September 3, 2013
Short Walk to the Beach in Corolla!!
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Thursday, August 29, 2013
10 Unspoiled acres in Swan Island Estates!!
10 glorious and unspoiled acres, spanning from oceanfront to sound in Swan Island Estates. Swan Island Estates is a wonderful community of large lots that lend themselves to premium homes. Enjoy the sunrise over the ocean and breathtaking sunsets over the sound. Create the ultimate vacation rental machine or a stunning 2nd home. With a lot this size, the possibilities are endless. Take advantage of this unbelievable pricing to invest in one of the most unique properties on the Outer Banks.
$500,00 1885 Ocean Pearl Road, Corolla MLS #: 79185
Tuesday, August 27, 2013
Great Location & Rental Potential in Corolla!!
634 Grebe Court $499,000!!
This home has been well cared for & has just been remodeled; looks better than ever! Check the location on this great beach home. Backs up to the Green Conservation Area for privacy as well as situated on a nice cul-de-sac. This is your classic beach rental home with proof of up to $44,000 in rental income potential.
Single Family Home
6 Bedrooms 4 Bathrooms
Interior: 2,350 sqft
Lot: 6,300 sqft
Thursday, August 22, 2013
"Sunflower" Cottage with Ocean View in Corolla!!
Great Price AND Available to Lease for Summer Fun!
Actual ocean views, nice deck space, screened porch, sunny and bright interior, top floor bedroom, easy flow floor plan, awesome community amenities, hot tub, bright open kitchen, ground floor entrance, cul de sac location, laminate wood floors and a fantastic price round out the benefits of the “Sunflower” beach cottage. MLS# 77980Tuesday, August 20, 2013
Comfortable One Floor Living in Southern Shores!!
Excellent opportunity for comfortable one floor living. This solidly built brick home in Southern Shores, was a contractors home. 2 bedrooms share a bath on one end of the home, while the master bedroom, HUGE walk in closet and HUGE master bath with double sinks make up the opposite end. Oversized Master Bath shower with all tile and two shower heads. Extra large kitchen with eat in area, dining room and living room with an extra office AND media/TV area.
The solid brick deck spans the entire back side of the home! Great for cookouts.
Just a few steps away to the bulkheaded canal for all your boating fun.
Tons of parking in addition to the 2 car garage.
Monday, August 19, 2013
Best Buys on the Outer Banks for the Week of August 19th
Contact me today if you'd like to see these
or any other property on the Outer Banks!!
Thursday, August 15, 2013
8.8 Private Acres in Kitty Hawk!!!
8.8 private acres in Kitty Hawk Village with a Vintage 1940 Oceanfront original four bedroom -two bath that was moved to this property in 1991. This home is very solid with T&G Juniper throughout , a brick fireplace and TONS of charm. The lot has two nice ridges and the home did not get wet during Irene.
There are fruit trees and two outbuildings with Power - one of them has two 220 outlets and is ready for your workshop pleasure. Be the first to make an appointment because this is a nice chunk of Kitty Hawk.
Country style Living at the beach- Bring your horses, goats, chickens and settle in.
Tuesday, August 13, 2013
Factors affecting the real estate market on the Outer Banks
The factors currently affecting real estate on the Outer Banks now and for the next few years are:
1. Dare County taxes have increased by 3.25%
2. Homeowners insurance has gone up 17%
3. Interest rates have risen slightly
4. Flood Insurance rates are still set to rise over 400% for new purchases in October
2. Homeowners insurance has gone up 17%
3. Interest rates have risen slightly
4. Flood Insurance rates are still set to rise over 400% for new purchases in October
The first four factors can affect how much a buyer can qualify for as all of these expenses are included in the calculation by the lender to determine their loan limit amounts.
5. Occupancy tax on vacation rentals is due to go up 1% in 2014 for beach nourishment in Dare County. That will impact rental rates and ultimately net income.
6. Average sales price for the area is down 6% YTD, and 9% from this same time last year
7. Foreclosure filings are at their highest levels since August 2012
8. Average sales price for Bank Owned homes is down 22% YTD, with 7% more sales
9. Supply of homes for sale continues to exceed 16 months
10. Average number of new properties coming on the market each month YTD is 400
6. Average sales price for the area is down 6% YTD, and 9% from this same time last year
7. Foreclosure filings are at their highest levels since August 2012
8. Average sales price for Bank Owned homes is down 22% YTD, with 7% more sales
9. Supply of homes for sale continues to exceed 16 months
10. Average number of new properties coming on the market each month YTD is 400
Why then, are people still selling their homes in this market? There are two reasons for this.
- First it’s important to calculate the amount of money the home costs you to own versus the time it will take for the market to appreciate to the price you desire. For example: It costs the average person $10,000 to $20,000 to own their beach home. So figure $15,000 per year. Most sellers are looking for 25% more than the market can bear for their home right now. At 5% appreciation per year (once we finally start going that direction) it would be another 5 years of ownership. 5 years x $15,000 is $75,000. Ask yourself if it makes sense to spend $75,000 keeping this home all the while the home will be 5 years older at that time.
- The second reason people are still selling in this market is for buying up power. If you sell low, you also get to buy low and take advantage of the low interest rates. Right now you can buy more house in a better location for less than ever before. So if you’re thinking about selling ask yourself this question…when the market comes back, do I still want to be in this house? Or the new one?
As always if I can help you with any real estate questions please contact me!
Don't Miss Out on the Many Extras in Kitty Hawk!!
You won't want to miss out on this FANTASTIC opportunity!! The home already has BANK APPROVAL!!! Act now for quicker closing!!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
Monday, August 12, 2013
Saturday, August 10, 2013
NEW PRICE with Ocean View in Corolla!!
New Price AND Available to Lease for Summer Fun!
Actual ocean views, nice deck space, screened porch, sunny and bright interior, top floor bedroom, easy flow floor plan, awesome community amenities, hot tub, bright open kitchen, ground floor entrance, cul de sac location, laminate wood floors and a fantastic price round out the benefits of the “Sunflower” beach cottage. MLS# 77980Thursday, August 8, 2013
Tuesday, August 6, 2013
Renting possibilities with a Short Walk to the Beach in Corolla!!
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Monday, August 5, 2013
Thursday, August 1, 2013
Vacation? Investment ? Full-time Home? Grebe Court is it!!
634 Grebe Court $499,000!!
This home has been well cared for & has just been remodeled; looks better than ever! Check the location on this great beach home. Backs up to the Green Conservation Area for privacy as well as situated on a nice cul-de-sac. This is your classic beach rental home with proof of up to $44,000 in rental income potential.
Single Family Home
6 Bedrooms 4 Bathrooms
Interior: 2,350 sqft
Lot: 6,300 sqft
Tuesday, July 30, 2013
New Price on 10 Unspoiled Acres in Corolla!!
10 glorious and unspoiled acres, spanning from oceanfront to sound in Swan Island Estates. Swan Island Estates is a wonderful community of large lots that lend themselves to premium homes. Enjoy the sunrise over the ocean and breathtaking sunsets over the sound. Create the ultimate vacation rental machine or a stunning 2nd home. With a lot this size, the possibilities are endless. Take advantage of this unbelievable pricing to invest in one of the most unique properties on the Outer Banks.
$500,00 1885 Ocean Pearl Road, Corolla MLS #: 79185
Thursday, July 25, 2013
Don't Miss Out on this Fantastic Opportunity in Kitty Hawk!!
You won't want to miss out on this FANTASTIC opportunity!! The home already has BANK APPROVAL!!! Act now for quicker closing!!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
Tuesday, July 23, 2013
New Price in Southern Shores!!
Excellent opportunity for comfortable one floor living. This solidly built brick home in Southern Shores, was a contractors home. 2 bedrooms share a bath on one end of the home, while the master bedroom, HUGE walk in closet and HUGE master bath with double sinks make up the opposite end. Oversized Master Bath shower with all tile and two shower heads. Extra large kitchen with eat in area, dining room and living room with an extra office AND media/TV area.
The solid brick deck spans the entire back side of the home! Great for cookouts.
Just a few steps away to the bulkheaded canal for all your boating fun.
Tons of parking in addition to the 2 car garage.
Monday, July 22, 2013
Thursday, July 18, 2013
This Ocean View Can be Yours in Corolla!!
Great Price AND Available to Lease for Summer Fun!
Actual ocean views, nice deck space, screened porch, sunny and bright interior, top floor bedroom, easy flow floor plan, awesome community amenities, hot tub, bright open kitchen, ground floor entrance, cul de sac location, laminate wood floors and a fantastic price round out the benefits of the “Sunflower” beach cottage. MLS# 77980Contact me today for available dates or more information!
Tuesday, July 16, 2013
3rd Row Location in Kill Devil Hills!!
4 bedroom, 3 full bath home - 2,400 sqft
This home is a very short walk to the deeded beach access from it's 3rd row location. Enjoy the lovely patio area downstairs and the shaded deck off the front door. The bottom floor of the home has a media room, full bathroom and bedroom with backyard access. The "garage" area is also heated and cooled so use it for storage or convert to more living space! There is so much potential for this home whether you want to live here year round, keep for a 2nd home or rent it weekly.MLS# 78660 $319,000
Monday, July 15, 2013
Thursday, July 11, 2013
Country Style Living at the Beach in Kitty Hawk!!
8.8 private acres in Kitty Hawk Village with a Vintage 1940 Oceanfront original four bedroom -two bath that was moved to this property in 1991. This home is very solid with T&G Juniper throughout , a brick fireplace and TONS of charm. The lot has two nice ridges and the home did not get wet during Irene.
There are fruit trees and two outbuildings with Power - one of them has two 220 outlets and is ready for your workshop pleasure. Be the first to make an appointment because this is a nice chunk of Kitty Hawk.
Country style Living at the beach- Bring your horses, goats, chickens and settle in.
Monday, July 8, 2013
Bank APPROVED!!! BRING OFFER!!!
You won’t want to miss out on this FANTASTIC opportunity!! The home already has BANK APPROVAL!!! Act now for quicker closing!!
You will love coming home to this custom built extra large home on one of the most popular streets in Kitty Hawk. So much attention to detail was paid when building this excellent family home. First floor master, HUGE bathroom, 2 closets, hall bath, gas fireplace with stone face, Australian Cypress floors, formal dining room, office area, pocket doors, pantry, large laundry area, huge eat in kitchen with Jenn-Air, wine cooler, butcher block island, granite countertops and stainless appliances all make up the first floor. The extra large garage has 10 foot doors for taller vehicles.
The second floor has a HUMONGOUS game room over the garage with wet bar, two additional large bedrooms share a jack an jill bathroom, also large. Plenty of storage space and an easy flow.
The back deck off the master has a hot tub. This is a lot of house for the money and in excellent condition!
Friday, July 5, 2013
10 Glorious and Unspoiled Acres spanning from Oceanfront to Sound!!
10 glorious and unspoiled acres, spanning from oceanfront to sound in Swan Island Estates. Swan Island Estates is a wonderful community of large lots that lend themselves to premium homes. Enjoy the sunrise over the ocean and breathtaking sunsets over the sound. Create the ultimate vacation rental machine or a stunning 2nd home. With a lot this size, the possibilities are endless. Take advantage of this unbelievable pricing to invest in one of the most unique properties on the Outer Banks.
$575,00 1885 Ocean Pearl Road, Corolla MLS #: 79185
Wednesday, July 3, 2013
Happy 4th of July from the Outer Banks!
Happy 4th!!!
As is typical for the Outer Banks this time of year, there's not a lot of activity to report…other than everyone is having fun at the beach. The weather has been rainy and humid! We haven't seen extreme hot temps which is good. I hope you're enjoying your summer so far!Bridge – No news. Don't count on it in our lifetime.
Insurance – Rates hikes for homeowners insurance went into effect July 1st. This will impact buyers and the amount of mortgage they can now qualify for based on the expenses.
Market – The real estate market usually slows down in July. Barring a hurricane, we should see a spike in activity in about 4 weeks. If you want to get a jump on the market of buying or selling check out my website (here) or contact me for more information.
Duck Oceanfront – A second public hearing will be held on July 17th at 1 p.m. regarding the regulation of oceanfront accessory structures such as dune decks, walkovers and oceanfront pools. Information on the proposed ordinance which could greatly affect the construction or reconstruction of oceanfront pools and eliminate the development and redevelopment of any dunes decks can be found here.
Occupancy Tax – Looks like guests will be asked to pay an additional 1% tax on all vacation rentals soon! Click here for details.
If you're on the Outer Banks for the 4th of July, here is a list of activities you can check out.
Tuesday, July 2, 2013
Still Time for Boating Fun in Southern Shores!!
Excellent opportunity for comfortable one floor living. This solidly built brick home in Southern Shores, was a contractors home. 2 bedrooms share a bath on one end of the home, while the master bedroom, HUGE walk in closet and HUGE master bath with double sinks make up the opposite end. Oversized Master Bath shower with all tile and two shower heads. Extra large kitchen with eat in area, dining room and living room with an extra office AND media/TV area.
The solid brick deck spans the entire back side of the home! Great for cookouts.
Just a few steps away to the bulkheaded canal for all your boating fun.
Tons of parking in addition to the 2 car garage.
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